Erdene Drilling Intersects Multiple High-Grade Gold Zones Including Highest Grade Result to Date With 2,200 g/t Gold Over 1 Metre at Bayan Khundii Gold Project

HALIFAX, NOVA SCOTIA–(Marketwired – Jan. 10, 2018) – Erdene Resource Development Corp. (TSX:ERD) (“Erdene” or “Company“) is pleased to report the highest-grade gold intersection encountered to date at its 100%-owned Bayan Khundii Gold Project (“Bayan Khundii”) in southwest Mongolia.