04.09.2014, mining exploration project, mr. peter akerley

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Erdene Resource Development Corp. The Altan Nar Gold Project Exploring for the Next Giant Ore Deposit of the Tian Shan August 2014

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Page 1: 04.09.2014, Mining exploration project, Mr. Peter Akerley

Erdene ResourceDevelopment Corp.

The Altan Nar Gold ProjectExploring for the Next Giant Ore Deposit of the Tian ShanAugust 2014

Page 2: 04.09.2014, Mining exploration project, Mr. Peter Akerley

Certain information regarding Erdene ("the Company") contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements

may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that

future events and results may vary substantially from what the Company currently foresees. Factors that could cause actual results to differ materially from those in forward-looking

statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions.

The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and

subject to change after that date.Unless otherwise indicated, all dollar values herein are in C$.

Forward Looking Statements

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Company Highlights

Advancing 100% Owned Altan Nar Gold Discovery- Early in exploration phase with significant upside

Alliance with Teck Resources in 2013- Establishing drill targets on copper porphyry target

Experienced Management Team- A leading Mongolia metals exploration team since mid 1990’s

Project Pipeline Includes Very Large 43-101 Molybdenum Deposit- Adjacent to world’s largest molybdenum consumer

Improving Investment Environment in Mongolia- Favourable new Foreign Investment Law and reduction in gold royalty

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Tian Shan Belt, Well Endowed with Giant Orogenic, Mesothermal, Porphyry and Epithermal Gold Deposits (Muruntau, Kumtor, Axi, Xitan, Oyu

Tolgoi)

The Tian Shan Gold Belt Some of the Largest Economic Accumulations of Gold in the World

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Trans-Altai Regional ExplorationMultiple Epithermal & Porphyry Targets

EXPLORATION WORK ~4 MILLION HECTARE AREA

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Altan Nar - Located at a Break in Deep Seated Regional Structure within a Paleozoic Subduction Arc Setting

Altan Nar

Zuun Mod -Khuvyn Khar

20 km Bouguer Gravity Anomaly

Deep Seated Structures & Tectonic Boundary Reorganizations: Dominant Relationship in Major Gold Deposits of the Tian Shan

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Tsenkher Nomin (Altan Nar) DiscoverySatellite Imagery, Regional Geochemical Survey and Prospecting Leads to Initial Discovery

2 km

2011 Drilling: 4m of 3g/t and 0.9% Cu

Historic Workings

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Tsenkher Nomin (Altan Nar) DiscoveryExpanded Geochemical Survey Leads to Altan Nar Discovery

2 km

Z I N C - 2 0 1 2

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Rock chip sample

2 km

41 g/t Au11 % Pb1% Zn0.35% Mo

11 g/t Au

19 g/t Au12 % Pb

3.8 g/t Au3.2 % Pb

3.2 g/t Au2.2% Cu

5.2 g/t Au3.2% Cu

14% Cu

2.6% Cu

1.7% Cu

Tsenkher Nomin (Altan Nar) DiscoveryExpanded Geochemical Survey Leads to Altan Nar Discovery

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Priority Targets1 Discovery Zone: most advanced target; 450m

strike & open; high-grade of >3 g/t gold, up to 35 m wide zones including 32m @ 3.6g/t gold

2 Union North: 1.2km NW of DZ; high-grade, near surface mineralization over 150m strike length including 19m @ 8.9g/t gold in trenches

3 Maggie: 500m2 target with high-grade trenching results; coincident chargeability high under cover

4 Northbow: intense phyllic alteration & breccia zone over 400m strike; most intense gold-moly anomaly at Altan Nar

5 Junction: very intense, widespread gold-lead-zinc soil anomalism; rock samples returning up to 11.2 g/t gold; coincident geophysical targets

6 Southbow: most intense chargeability anomaly at Altan Nar; 600m long buried target

Altan Nar Gold ProjectMultiple, Large, Gold and Base Metal Mineralized Targets

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Altan Nar Gold ProjectDiscovery Zone – Drill & Trench Highlights

Intensely Mineralized, Near Surface, Open to the North and at Depth

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7m @ 3.4g/t Au,47g/t Ag, & 0.4% Pb-Zn(within 21m @ 1.2g/t Au)

46m @ 1.2g/t Au & 7.6 g/t Ag, Incl 15m @ 3.0 g/t Au & 19.6 g/t Ag

6m @ 4.7g/t Au,8.5g/t Ag, & 1.3% Pb-Zn

8m @ 3.9g/t Au,17.4g/t Ag & 0.6% Pb-Zn(within 23m @ 2.1g/t Au)

11m @ 9.1g/t Au,22.7g/t Ag, & 0.9% Pb-Zn(within 29m @ 4.3g/t Au)

50m @ 1.1g/t Au & 5.4 g/t Ag, Incl 15m @

2.4 g/t Au & 8.0 g/t Ag

8m @ 4.5g/t Au,25.4g/t Ag, & 2.3% Pb-Zn(within 28m @ 1.8g/t Au)

31m @ 1.0g/t Au,10.1g/t Ag, & 1.2% Pb-Zn(within 123m @ 0.5g/t Au)

(end of hole, 200m)

44m @ 1.1g/t Au & 11.3 g/t Ag, Incl 11m @ 3.0 g/t Au & 33.7 g/t Ag

6m @ 7.5g/t Au,40g/t Ag, & 1.2% Pb-Zn(within 21m @ 3.2g/t Au)

5m @ 17.7g/t Au,69g/t Ag, & 4.6% Pb-Zn(within 19m @ 5.8g/t Au)

Trench result

Drill result

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Cross Section June 2014 Drill Program

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Altan Nar Gold ProjectRecent Drill Results - Discovery Zone North

44m @ 1.0 g/t gold, 11 g/t silver & 0.8% combined lead-zinc, Including 11m @ 3.0 g/t

gold, 34 g/t silver, & 2.1% combined lead-zinc

32m @ 3.6 g/t gold, 23 g/t silver & 1.7% combined lead-

zinc, Including 5m @ 17.7 g/t gold, 69 g/t silver, & 4.6%

combined lead-zinc

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Altan Nar Gold ProjectDiscovery Zone – Expansion

Northern Extension – Multiple Mineralized Trends

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2m 1g/t Gold Eq.

20m 0.7g/t gold with 2m 2.9g/t Gold Eq.

23m 2.1g/t Gold Eq.

14m 4.0g/t Gold Eq.

21m 2.3g/t Gold Eq.

6m 5.7g/t Gold Eq.

Altan Nar Gold ProjectDiscovery Zone – Expansion

(Gold Eq. includes Au, Ag, Pb, Zn @ current metal prices)

Page 16: 04.09.2014, Mining exploration project, Mr. Peter Akerley

121m of 1.1g/t gold equivalent (current metal prices, Cu excluded) or 0.64% Cu Equiv.

?

Altan Nar Gold ProjectDiscovery Zone Extension - Broad Mineralized Zone at Depth

High Grade Gold-Copper Zone

CBM Gold Zone

Copper Zone

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Priority Targets1 Discovery Zone: most advanced target; 450m

strike & open; high-grade of >3 g/t gold, up to 35 m wide zones including 32m @ 3.6g/t gold

2 Union North: 1.2km NW of DZ; high-grade, near surface mineralization over 150m strike length including 19m @ 8.9g/t gold in trenches

3 Maggie: 500m2 target with high-grade trenching results; coincident chargeability high under cover

4 Northbow: intense phyllic alteration & breccia zone over 400m strike; most intense gold-moly anomaly at Altan Nar

5 Junction: very intense, widespread gold-lead-zinc soil anomalism; rock samples returning up to 11.2 g/t gold; coincident geophysical targets

6 Southbow: most intense chargeability anomaly at Altan Nar; 600m long buried target

Altan Nar Gold ProjectMultiple, Large, Gold and Base Metal Mineralized Targets

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Altan Nar Gold ProjectUnion North – Drill & Trench Highlights

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Multiple Parallel Mineralized Zones, Open in all Directions

19m @ 8.9g/t Au, 66 g/t Ag,7.7% Pb, & 2.5% Zn

9m @ 4.4g/t Au, 11.6 g/t Ag, 1.0% Pb, & 0.8% Zn

22m @ 2.1g/t Au, 5.8 g/t Ag, 0.58% Pb, & 0.77% Zn

(incl. 6m @ 3.5 g/t Au)

18m @ 1.8g/t Au, 1.4 g/t Ag, 0.8% Pb, & 0.6% Zn(incl. 5m @ 6.0 g/t Au)

24m @ 2.1g/t Au, 5.8 g/t Ag, 0.59% Pb, & 0.84% Zn

(incl. 8m @ 5.0 g/t Au)

7m @ 5.0g/t Au, 7.6 g/t Ag,1.2% Pb, & 0.2% Zn

15m @ 1.0 Au, 0.4 g/t Ag, & 0.3% Zn

8m @ 4.0g/t Au, 35 g/t Ag,6.9% Pb, & 0.5% Zn

12m @ 5.3g/t Au, 2.6 g/t Ag, 1.4% Pb, & 0.4% Zn

7m @ 2.5g/t Au, 3.0 g/t Ag,0.9% Pb, & 0.8% Zn

8m @ 1.0g/t Au, 1.4 g/t Ag, 0.6% Pb, & 0.3% Zn

Trench result

Drill result

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Altan Nar Gold ProjectRecent Drill Results - Union North

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Cross Section - June 2014 Drill Program

12m of 4.0 g/t gold, 10 g/t silver and 2.5% combined

lead-zinc

19m @ 8.9 g/t gold, 66 g/t silver,10.2% combined

lead-zinc

24m of 2.9g/t Gold Equiv.

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Altan Nar Gold ProjectRecent Drill Results - Union North

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IP Chargeability Cross Section - June 2014 Drill Program

12m of 4.0 g/t gold, 10 g/t silver and 2.5% combined

lead-zinc

19m @ 8.9 g/t gold, 66 g/t silver,

10.2% combined lead-zinc

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Priority Targets1 Discovery Zone: most advanced target; 450m

strike & open; high-grade of >3 g/t gold, up to 35 m wide zones including 32m @ 3.6g/t gold

2 Union North: 1.2km NW of DZ; high-grade, near surface mineralization over 150m strike length including 19m @ 8.9g/t gold in trenches

3 Maggie: 500m2 target with high-grade trenching results; coincident chargeability high under cover

4 Northbow: intense phyllic alteration & breccia zone over 400m strike; most intense gold-moly anomaly at Altan Nar

5 Junction: very intense, widespread gold-lead-zinc soil anomalism; rock samples returning up to 11.2 g/t gold; coincident geophysical targets

6 Southbow: most intense chargeability anomaly at Altan Nar; 600m long buried target

Altan Nar Gold ProjectMultiple, Large, Gold and Base Metal Mineralized Targets

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Altan Nar Gold ProjectPriority Targets

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Target Area 3 – Maggie - Geologic Map with Geochemical Results

Trench - 17 m of 3.4 g/t gold, 4.9 g/t silver and 1.41% combined lead-zinc

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Altan Nar Gold ProjectPriority Targets

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Maggie: Drilling in Q2 2014

11m of 1.6g/t Gold Equiv.

6.5m of 1.8g/t Gold Equiv.

High Base Metal/Silver: up to 77g/t silver, 6.4% lead and

2.5% zinc

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Altan Nar Gold ProjectPriority Targets

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Target 4 (North Bow) and 5 (Junction) – Geology with Geochemical Results

Trench - 9 m of 1.3 g/t gold and 1.3% combined lead and zinc

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Altan Nar Gold ProjectPriority Targets

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Target Areas 6 (South Bow) and 7 (Union South)

Drill - 9 m of 2.6g/t gold eq.

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Intermediate epithermal gold deposits are often base metal rich and locally associated with porphyry deposits

Known CBM deposits include: Porgera (>25 Moz), Kelian (5.7 Moz), Amatok (10 Moz), Misima (4 Moz), Montana Tunnels (36 Moz silver), Fruta del Norte (6.7 Moz), and Rosia Montanna (17 Moz)

Productive stockwork, breccia, veins can be >1km in strike length in intermediate systems

CBM deposits can have a vertical dimension of 1,000+m; Kelian 500m deep pit; Altan Nar only shallow drilling completed to date

18 targets identified at Altan Nar, over 5.5 km long mineralized corridor

Altan Nar Gold ProjectHigh-Grade, Carbonate Base Metal “CBM” Gold Vein-Breccia Deposit

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Priority Targets1 Discovery Zone; most advanced target; 450m

strike; high-grade zones of >3 g/t Au ranging from 2m to 35 m; including 32m @ 3.6g/t Au

2 Union North; 1.2km NW of DZ; high-grade, near surface mineralization over 150m strike length including 19m @ 8.9g/t Au

3 Maggie; 500m2 target with high-grade trenching results; 50% of target is buried with coincident chargeability high

4 Northbow; intensely altered breccia zone over 400m strike; highest moly (pathfinder for intense gold mineralization) found on property; 0.7% Mo.

5 Junction; very intense Au-Pb-Zn soil anomalism; rock samples returning up to 11.2 g/t Au; coincident geophysical targets

6 Southbow; 600m long buried target hosting the most intense chargeability anomaly at Altan Nar

Altan Nar Gold ProjectComparative Scale

Scale Comparison:Barrick’s Pueblo Viejo mine, 30Moz

Gold (copper-silver) deposit(one of the world’s largest gold deposits)

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Altan Nar Gold ProjectMoving Forward

Near Term Objectives

Complete 3,000m trenching program over high priority targets to improve drill targeting and increase confidence for resource estimation

Resource definition drilling over Discovery Zone and Union North

Establish initial near surface, open pitable resources at Discovery Zone and Union North in late 2014/early 2015.

Reconnaissance drilling to further evaluate and prioritize remaining targets

Page 29: 04.09.2014, Mining exploration project, Mr. Peter Akerley

Altan Nar Gold ProjectThe Next Giant Gold Deposit of the Tian Shan?

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Early-In Opportunity A new gold district discovery Early in exploration cycle Period of low valuations in sector

Ownership 100% interest in licence

Significant Upside Potential Limited drilling to date with all targets

open for expansion

High-Grade & Near Surface Evidence of bonanza grades that have potential to improve pit economics

Very Large System 5.5 km x 1.5 km target area Potential for > 1.5 Moz

Location & Infrastructure Region receiving rapid rail & road

upgrades Next door to world’s largest gold

production & consumption region

Page 30: 04.09.2014, Mining exploration project, Mr. Peter Akerley

“Do not follow where the path may lead. Go instead where there is no path and leave a trail”

Ralph Waldo Emerson

Page 31: 04.09.2014, Mining exploration project, Mr. Peter Akerley

Erdene Resource Development

Peter C. AkerleyPresident & CEO, Director

Website www.erdene.com

Email [email protected]

Twitter @ErdeneRes

TSX: ERD