Source: Erdene Resource Development Corp.

Date: 27 July, 2011

Erdene Resource Development Corp. has listed the following as highlights of the final analytical results from a six-hole drill program, totalling 1,023 metres, from its wholly-owned Nomin copper-gold project in southwestern Mongolia.

Drilling identified narrow, steeply dipping, parallel zones of high-grade gold, silver and copper bearing massive sulphide along a north-south strike length of approximately 150 metres

The mineralized zones are located under a series of shallow historic mineral workings

The mineralization was drill-tested to a vertical depth between 30 to 60 metres below the ancient pits

The most northerly hole contains 13.3 g/t gold, 3.0% copper and 26 g/t silver over 0.5 metres

The most southerly hole contains 1.2 g/t gold, 24.0% copper and 65 g/t silver over 0.25 metres

The deepest intersection, at approximately 60 metres vertical depth, was also the thickest and included 2 metres of 2.4 g/t gold, 6% copper and 16 g/t silver

The mineralization is open to the north, to the south and at depth.

Erdene is finalizing plans for additional drilling at Nomin.