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Erdene confirms widespread gold mineralisation at Altan Nar

Erdene Resource Development Corp. has said final assay results from a 20-hole scout drill programme at its 100% owned Altan Nar property in southwest Mongolia “has demonstrated it hosts widespread gold mineralisation including wide, near-surface zones potentially conducive to bulk mining, coupled with zones of higher grade mineralisation that appear to become more substantial at depth.”  Peter Akerley, President and CEO, has said, “These initial results suggest that Altan Nar has the potential to host a significant gold-polymetallic deposit and we are planning an aggressive evaluation program in 2012.”