Erdene Resource Development Corp. provided drilling results for the first four holes of the 15-hole fourth quarter 2014 exploration program at the company's wholly-owned Altan Nar gold-polymetallic project in southwest Mongolia. The drill program was completed in December 2014 on Erdene's wholly owned Altan Nar gold- polymetallic license, located within the Tian Shan Gold Belt in southwest Mongolia.

Fifteen drill holes, totaling 1,855 m, were completed in the three most advanced target areas; DZN, DZS, and Union North. Since discovering Altan Nar in late 2011, Erdene has identified 18 mineralized gold, silver, lead and zinc target areas within a 5.6 by 1.5 km mineralized corridor. Two of the early discoveries, the Discovery Zone and UN, have been the subject of recent detailed work and were the focus of the fourth quarter of 2014 resource drilling program.

These two intensely mineralized zones have undergone previous drilling and trenching programs that have confirmed the presence of a high-grade and near- surface mineralized system. The program, together with previous exploration drilling, focused on defining these zones to a depth amenable to open pit mining, and providing sufficient data to calculate a NI 43-101 compliant mineral resource estimate. Samples from the remaining holes completed as part of the resource delineation program are currently being analyzed at the SGS laboratory in Mongolia.