The 100%-owned Khuvyn Khar copper-silver project is located on the Zuun Mod property, approximately 2.2 kilometres northwest of the Zuun Mod molybdenum-copper porphyry deposit. Exploration work at Khuvyn Khar has included geological mapping, vein density mapping, geochemical sampling, geophysical surveys, and wide spaced drilling. Previous drilling completed by Erdene to test a geophysical target, intersected 34 metres of 1.3% copper and 9.2 g/t silver from 308 to 342 metres (hole ZMD-121). Additional drilling on the Khuvyn Khar prospect has defined a very large copper mineralized zone trending over 900 metres with multiple zones in three drill holes returning assays in excess of 0.2% copper over significant widths (12 to 42 metres).
The previous exploration programs have confirmed the potential for copper porphyry style mineralization within the Khuvyn Khar target area.
Erdene will continue to complete necessary work on the Zuun Mod molybdenum-copper deposit and Khuvyn Khar copper-silver project, as required to keep the mining license in good standing, including annual license payments, ongoing environmental review requirements and community development work.