10:00 AM EST - Erdene Resource Development Corporation : Announced initial results from the first phase of its 2022 drill program at Ulaan Southeast, located 300 metres west of the Bayan Khundii Gold deposit in southwest Mongolia. Highlights: three metres of 68.3 g/t gold within 41 metres of 8.1 g/t gold (UDH-35), along with the highest silver grades encountered at Ulaan, up to 133g/t over one metre. A pending hole (UDH-53), down plunge to the west, returned visible gold in an intense zone of alteration and quartz veining and breccia. Erdene Resource Development Corporation
shares T.ERD are trading up $0.01 at $0.39.
