Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) announced that the Mineral Resource and Petroleum Authority of Mongolia issued mining license MV-021547 for the Altan Nar project. The mining license is valid for 30 years, with an option to extend for up to a total of 70 years. The Altan Nar mining license is the second mining license recently granted to the Company following the issuance of the Bayan hundii mining license in August 2019.

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