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Erdene Resource Development Corporation
ERDCFBasic MaterialsOTCCA
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Erdene Resource Development Corporation (ERD:CA) Shareholder/Analyst Call Transcript
Erdene Resource Development is transitioning from speculative play to attractive microcap investment with the Bayan Khundii Gold Project achieving commercial production in Q1 2026. ERDCF is significantly undervalued at a $300 million market cap, given the high-grade gold output and additional base metal exploration upside. 2026 will mark ERDCF's first full year of earnings, as initial EBITDA from Bayan Khundii starts appearing on financials.
HALIFAX, Nova Scotia, May 29, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual General and Special Meeting of Shareholders (“Meeting”) held May 28, 2026 in Halifax, Nova Scotia. Details of the Meeting are provided below.
HALIFAX, Nova Scotia, May 27, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) (“Erdene” or the “Company”) is pleased to publish its 2026 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit: LETTER TO SHAREHOLDERS
Erdene Resource Development Corporation (ERD:CA) Q1 2026 Earnings Call Transcript
Highlights: Produced and sold 8,527 ounces gold at an average price of US$4,872/oz for US$42M in gross project revenues Achieved commercial production at Bayan Khundii, operating at 94% of target throughput and recovering 96% of gold in Q1 2026 Advanced preliminary economic assessment for Zuun Mod molybdenum-copper porphyry project expected in Q3 2026 Commenced maiden drill program at Tereg Uul near Oyu Tolgoi HALIFAX, Nova Scotia, May 06, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three months ended March 31, 2026, and to provide an update on the Bayan Khundii Gold Mine (“BK”), operated by Erdene Mongol LLC (“EM”), the Company's joint venture with Mongolian Mining Corporation (“MMC”). This release should be read in conjunction with the Company's Q1 2026 Financial Statements, MD&A, and Annual Information Form, available on the Company's website and SEDAR+.
HALIFAX, Nova Scotia, April 20, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to provide a Bayan Khundii Gold Mine (“BK”) production update for Q1 2026, operated by Erdene Mongol LLC (“EM”), the Company's joint venture with Mongolian Mining Corporation (“MMC”). All dollars are US unless otherwise noted.
HALIFAX, Nova Scotia, March 24, 2026 (GLOBE NEWSWIRE) -- Highlights: Completed construction at the high-grade Bayan Khundii Gold Mine in Q3 2025 Produced first gold in September 2025 and sold 7,434 ounces gold at average price of US$4,187, for US$31M in gross project revenues including silver by-product in 2025 Announced updated independent mineral resource estimate for Zuun Mod molybdenum-copper porphyry project and initiation of preliminary economic assessment Entered option agreement to acquire up to 80% of the Tereg Uul Copper-Gold Project Conducted exploration programs at Bayan Khundii (Dark Horse), Zuun Mod molybdenum, Khuvyn Khar copper and Tereg Uul Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce operating and financial results for the year ended December 31, 2025, and to provide an update on the Bayan Khundii Gold Mine (“BK”), operated by Erdene Mongol LLC (“EM”), the Company's joint venture with Mongolian Mining Corporation (“MMC”). This release should be read in conjunction with the Company's 2025 Financial Statements, MD&A, and Annual Information Form, available on the Company's website and SEDAR+.
HALIFAX, Nova Scotia, March 20, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") announces that it will release its fourth quarter and full year 2025 financial results on March 24, 2026, after market hours.
