Khundii Gold District
Erdene’s Emerging Gold District
Erdene has been an active precious metals exploration company in Mongolia for over a decade, focused on the Tian Shan Gold Belt running through the southern part of the country, forming part of the Central Asian Orogeny that hosts some of the world’s largest gold deposits, including Rio Tinto’s 60 million ounce Oyu Tolgoi gold-copper deposit.
Since Q4-2015 Erdene has largely focused on its new 100%-owned high-grade Bayan Khundii gold discovery, however, the larger district is host to several other 100%-owned prospects, including the Company’s Altan Nar gold-polymetallic project, 16 km northwest of Bayan Khundii. The wider district, although still in its infancy in regards to modern exploration, is now known to host the full spectrum of arc-related base and precious metal systems, including copper-silver and molybdenum-copper porphyries, intermediate sulphidation / carbonate base metal gold deposits, and low sulphidation epithermal gold and gold-silver systems within an approximately 40 km by 60 km area.