03:47 PM EST - Erdene Resource Development Corp. : Provided additional assay results from the Company's on-going 2017 drill program at its 100% owned Bayan Khundii Gold Project in southwest Mongolia where two drill rigs are currently operational. New zone discovered under cover north of Midfield Zone; Hole BKD-110, one of four previously announced step-out holes where visible gold was observed, and located 60 metres north of Midfield, returns 108 metres of 2.8 g/t gold, including 20 metres of 7.2 g/t gold. Hole BKD-111, where no visible gold was observed in drill core, and located 50 metres north of Midfield and 40 metres southeast of BKD-110, returns 55 metres of 2.9 g/t gold, including 25 metres of 5.3 g/t gold. Erdene Resource Development Corp.
shares T.ERD are trading up $0.05 at $1.22.
