Erdene Resource Development Corp. reported the highest-grade gold intersection encountered to date at its 100%-owned Bayan Khundii Gold Project in southwest Mongolia. The exploration program reported on herein was developed by the Erdene technical team in conjunction with an independent expert's review to identify high priority structural targets within the Bayan Khundii project area. This included: testing the recently discovered North Midfield Zone with more detailed, closer-spaced drilling and testing structural concepts and extensions at depth; testing the Midfield area for the presence of shallower zones of mineralization; testing the continuity of broad mineralized zones in the central portion of the North Midfield target area; and testing the southeast extension of the Striker Zone. Six holes (BKD-229 to BKD-234), totaling 1,192 metres, were completed at Bayan Khundii in November and are included in this update. Three holes were completed in the Midfield Zone (BKD-229, 230, and 233), two holes were completed in the North Midfield Zone (BKD-231 and 232), and one hole was completed along the southeast end of the Striker Zone (BKD-234).