Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System
Globenewswire·2026-01-14 12:30

Core Insights - Erdene Resource Development Corporation announced significant drilling results from its Khuvyn Khar copper-silver prospect in southwestern Mongolia, confirming a substantial copper component in the porphyry system [2][3][4] Exploration and Drilling Results - The Khuvyn Khar copper porphyry system intersected 65 meters averaging 0.63% copper and 2.9 g/t silver, with a higher-grade zone of 30 meters averaging 1.25% copper and 6.1 g/t silver [4][10][11] - A 3,362-meter, 24-hole drill program was completed on the Khuvyn Khar license, which included testing the upper 150 meters of the nearby Zuun Mod molybdenum-copper deposit [5][6] - The mineralized zone extends from 238 meters downhole to 450 meters, characterized by moderate to intense potassic alteration [4][10] Strategic Location and Infrastructure - Khuvyn Khar and Zuun Mod are located approximately 200 kilometers from China, the largest consumer of copper and molybdenum, and are situated in a region with significant recent infrastructure investments [3][4] Future Exploration Plans - The company plans to expand exploration efforts in 2026, including advanced geophysical surveys and drilling to further assess the Khuvyn Khar copper porphyry system [3][8] - Exploration is also underway to expand gold resources near the Bayan Khundii mine, which is operated in a strategic alliance with Mongolian Mining Corporation [3] Resource Estimates - An updated resource statement for the Zuun Mod Mo-Cu deposit includes Measured and Indicated resources of 271.1 million tonnes grading 0.056% Mo and 0.064% Cu, along with an Inferred resource of 269.1 million tonnes [14]

Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System - Reportify