Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) is announced operating and financial results for the three and six months ended June 30, 2022 and to provide an update on its Khundii Gold District (“KGD”), including its Bayan Khundii Gold Project (“Bayan Khundii” or “BK”).
Q2-2022 Highlights and Significant Subsequent Events:
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Preliminary Site Establishment works completed, including camp expansion, communications infrastructure installation and project controls software implementation.
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Re-pricing and tendering for major equipment supply and construction works substantially complete.
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Preferred and shortlist vendors selected for all major project works.
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Regulatory review of detailed drawings well advanced, with nine facilities fully approved, including those planned during the site establishment and initial construction – received construction permits for eight of these facilities in February 2022.
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