Erdene Resource Development has begun a new 3,000-meter drill program to test multiple targets over a one-kilometer strike length extending north and south from the original discovery of gold and silver of its Altan Nar Property. The program will concentrate on the central portion of a target area measuring a six-square-kilometer area that contains multiple prospects defined by geochemistry and geophysics.

The firm employed a 3,000-meter diamond drill program, consisting of about 18 holes, and is to finish before the end of December. The firm will drill between depths of 100 and 200 meters.

Following initial drilling success, the company completed additional in-fill soil sampling, regional and detailed magnetic survey, an extension of the existing IP gradient array, and additional dipole-dipole IP lines.