Key facts
| Company | Erdene Resource Development (TSX: ERD) |
|---|---|
| Commodity | Molybdenum |
| Location | Canada |
| Stage | Early exploration |
About Zuun Mod
Zuun Mod – Molybdenum and Copper Project:One of Asia’s largest undeveloped molybdenum projects and located within 200 kilometers of the world’s largest molybdenum consumer (China) and 35 kilometers east of the Company’s Bayan Khundii gold project. The 100% Erdene-owned Zuun Mod porphyry complex measures 16 kilometers in circumference and hosts broad zones of molybdenum and copper mineralization. The deposit is located within a Mining License, which is valid for an initial 30-year term with provision to renew the license for two additional 20-year terms.
News releases6 on file
Erdene Announces Preliminary Economic Assessment Results for Zuun Mod Molybdenum-Copper Project
A preliminary economic assessment for the wholly-owned Zuun Mod Molybdenum-Copper Project in southwest Mongolia outlines an after-tax NPV8% of US$745 million and a 16.1% IRR at US$25.00/lb molybdenum and US$5.00/lb copper, rising to US$2.0 billion and 27.8% at spot prices of US$33.00/lb and US$6.50/lb. The 34-year, 25 Mtpa open-pit plan would recover 672 million lb molybdenum and 947 million lb co
Study resultsErdene to Announce Zuun Mod Molybdenum-Copper Project Preliminary Economic Assessment Results on October 14, 2026
Results of the Preliminary Economic Assessment for the Zuun Mod Molybdenum-Copper Project in Mongolia will be released on October 14, 2026, after market hours. Management will host a conference call and webcast to discuss the results on Thursday, October 15, 2026, at 9:00 AM Eastern Time, with dial-in numbers 1 800 717 1738 (North America toll free) and 1 289 514 5100 (Toronto/overseas). A webcast
Study resultsErdene Expands Mineralization at Zuun Mod Molybdenum-Copper Project
A 3,362-metre, 24-hole Q4 2025 drill program at the wholly owned Zuun Mod molybdenum-copper deposit in southwestern Mongolia returned near-surface intersections including 112 metres of 0.072% MoEq in ZMD-156 and 86 metres of 0.066% MoEq in ZMD-151, in areas previously modelled as low or no mineralization. Extension hole ZMD-98 returned 374 metres (76 to 450 metres) of 0.066% MoEq and ended in mine
Drill resultsZuun Mod – Mineral Resource Estimation Technical Report
Resource updateErdene Files Updated Resource for the Zuun Mod Molybdenum-Copper Project
The NI 43-101 Technical Report titled "Zuun Mod Molybdenum-Copper Project, Mongolia," with an effective date of September 1, 2025, has been filed, following the October 2, 2025 announcement of an updated mineral resource estimate for the 100%-owned Zuun Mod molybdenum-copper porphyry project in the Khundii Minerals District of southwestern Mongolia. Oyunbat Bat-Ochir (MAIG) of SLR Consulting Austr
Resource update