Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) is announced an exploration update for its 100% owned Khundii Gold District in southwest Mongolia, including the identification of several new targets. The ongoing program, focused on southern Ulaan and the greater Dark Horse area, includes diamond and reverse-circulation drilling, prospect level mapping, geochemical sampling and interpretation of geophysical, structural and geologic information in consultation with internationally renowned experts. 

The exploration is focused in this area as a key component in delivering the company's targeted two-million ounce gold equivalent resource by end of the year. Additionally, the company announced several opportunities to delineate resources beyond this goal across the Khundii Gold District in the years ahead.

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