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Erdene Announces Updated Resource for the Zuun Mod Molybdenum-Copper Deposit - Erdene Resource Dev (OTC:ERDCD)
Summary by Benzinga
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Erdene Announces Updated Resource for the Zuun Mod Molybdenum-Copper Deposit - Erdene Resource Dev (OTC:ERDCD)
HIGHLIGHTS 100% owned license hosts one of Asia's largest undeveloped molybdenum-copper deposits Only 35 kilometers from Erdene Mongol's Bayan Khundii Gold Mine in region of growing infrastructure and 180 kilometres from China, the world's largest molybdenum consumer The updated resource estimate, when compared to the previous, demonstrates a significant increase: 22% increase in Measured and Indicated molybdenum ("Mo") resources to 333 millio…
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