11:46 AM EST - Erdene Resource Development Corp. : Announced final results from the remaining nine holes of its 15-hole, maiden drill program completed in Q4 2015 at its wholly-owned Bayan Khundii Gold Project in southwest Mongolia. This latest round of drilling has established lateral and vertical extensions of the high-grade Striker Zone at Bayan Khundii. Mineralization in Striker Zone extended at depth with 26 m of 5.9 g/t gold, including 15 m of 9.9 g/t gold (hole BKD-09). Step-out hole, located 60 m southeast of hole BKD-09, intersected 35 metres of 5.7 g/t gold from surface, including 12 metres of 16.0 g/t gold. Erdene Resource Development Corp.
shares T.ERD are trading down $0.01 at $0.14.
