VIDEO - CEO Clips Erdene: Unlocking Gold Potential in Mongolia's New Mining District

Rhea-AI Summary

Erdene Resource Development (OTCQB: ERDCF) announced it has transitioned from explorer to producer with its first gold pour in Mongolia and says cash flow has begun. The company cites a 500,000‑ounce high‑grade resource and highlights one of the world's highest open‑pit gold grades as it advances development across a broader Mongolian mining district. Management frames this milestone as the start of scaling operations and long‑term district development potential.

Positive

• First gold pour achieved, marking start of production
• Cash flow begins, indicating early revenue generation
• 500,000‑ounce high‑grade resource reported
• One of the world’s highest open‑pit gold grades cited

Negative

• None.

News Market Reaction

-7.20%

1 alert

-7.20% News Effect

On the day this news was published, ERDCF declined 7.20%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Erdene Resource Development (TSX: ERD) (OTCQB: ERDCF) - With one of the highest open-pit gold grades in the world, Erdene has transitioned from explorer to producer with its first gold pour in Mongolia. Backed by a 500,000-ounce high-grade resource and decades of exploration in the region, the company is unlocking a broader mining district with long-term development potential. As cash flow begins, Erdene is poised to scale its vision across Mongolia's emerging gold frontier.

www.b-tv.com/post/erdene-unlocking-gold-potential-in-mongolias-new-mining-district-btv-60

Erdene Resource Development (TSX: ERD) (OTCQB: ERDCF)

https://erdene.com/investor-hub/

About BTV - Business Television:

For over 25 years, BTV has been a capital markets focused TV production and Digital Marketing Agency. BTV helps companies increase their brand awareness to a national retail and institutional investor audience, combining unique content creation and major distribution services on top tier networks including Bloomberg, CNBC, FOX Business News and financial sites. The BTV suite of strategic products include: BTV- Business Television Show, CEO Clips™, TV Branding Ads, Digital, Lead Gen, Social and Direct Email Marketing Campaigns that reach investors where they research and live on-air and online.

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About CEO Clips:
CEO Clips - are short company video profiles broadcast to a large audience of investors on TV and 15+ financial sites including Reuters, Yahoo!Finance, and Wall Street Journal.
Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270400

FAQ

What did Erdene (ERDCF) announce on October 14, 2025 about production?

Erdene announced it completed its first gold pour, marking its transition from explorer to producer.

How large is the high‑grade resource Erdene (ERDCF) cites?

The company cites a 500,000‑ounce high‑grade resource in its Mongolian project area.

Does Erdene (ERDCF) report cash flow from operations yet?

Yes; the announcement says cash flow begins as production starts.

What competitive grade does Erdene (ERDCF) claim for its open‑pit deposit?

Erdene describes the deposit as having one of the highest open‑pit gold grades in the world.

What is Erdene’s (ERDCF) strategic goal after the first pour?

The company aims to scale development across a broader Mongolian mining district leveraging decades of exploration.

Where can investors find more information about Erdene (ERDCF)?

Investors can visit Erdene’s investor hub on the company website for additional details.