Erdene Provides Update on Strategic Alliance With Mongolian

HALIFAX, Nova Scotia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to provide an update on its Strategic Alliance with Mongolian Mining Corporation (“MMC”) for the development of its high-grade, open-pit Bayan Khundii Gold Project (“Bayan Khundii”, “BK” or "Project”) in southwestern Mongolia. Strategic Alliance with MMC On January 10, 2023, Erdene executed a Strategic Alliance Agreement (“SAA”) with MMC to develop

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