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Stocks in play: Erdene Resource Development Corporation

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Announced assay results from holes in the South Ulaan gold discovery expansion drill program. Today’s results confirm thick sequences of high-grade gold mineralization continue west of the initial discovery. Drilling expands mineralization at South Ulaan to the west, with multiple thick gold mineralized zones with high-grade intersections: UDH-21: 77 metres of 3.2 g/t gold and 71 metres of 0.8 g/t gold. Includes 27 metres of 8.7 g/t gold, including one metre of 156.5 g/t gold. Erdene Resource Development Corporation shares T.ERD are trading unchanged at $0.42.

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