Erdene is a diversified mineral exploration and development company with projects focused on high-growth commodities that provide significant upside potential for our shareholders. These include the 100% owned Zuun Mod molybdenum/copper project in Mongolia and a 25% interest in the Donkin Coal Alliance with Xstrata Coal Canada Limited (Xstrata Coal) in Nova Scotia, Canada. Work in 2008 is ongoing to move both of these projects towards feasibility.

In addition, the Company is involved in projects with near-term cash flow potential to provide a stable platform for Erdene’s shareholders. These projects include royalty agreements with JM Huber Corporation and Ready Mix USA as operators and developers in the southeast U.S. for Erdene’s kaolin clay and aggregate projects, respectively.

The company’s goal is to increase shareholder value through the discovery of world class mineral deposits. The strategy is to utilize Erdene’s extensive exploration and mining experience globally to uncover opportunities through exploration or acquisition. Erdene's management believes in establishing strong partnerships with industry leaders at the appropriate point in a projects development. This allows Erdene to strategically manage risk while maximizing the potential for success through access to experience and funding.