Erdene Resource
Development Corp.
The Altan Nar
Gold-Silver-Lead-Zinc Project
Exploring for the Next Giant Ore Deposit of the Tian Shan
October 2014
Forward Looking Statements
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$.
2
Corporate Snapshot
CAPITAL STRUCTURE (6-10-2014)
MANAGEMENT
Trading Info
TSX: ERD
Share Price
$0.145
52 Wk Range
$0.06-0.26
Shares O/S
76.7 M
Shares F/D
89.1 M
Mike MacDonald, Director Exploration
Market Cap
$11 M
Mike Gillis, Director Operations
SHAREHOLDER REGISTRY
Chris Cowan, VP Asia, Director
Ken MacDonald, VP Bus.Dvpmt, CFO
BOARD OF DIRECTORS
William Burton, Former President &
Teck
CEO of MagIndustries Corp.
12%
ERD Mgmt &
12% Directors
Retail
Peter C. Akerley, President & CEO, Director
John Byrne, President of Petroleum
Corp. of Canada Exploration Ltd.
51%
25%
Institutional
Phillip Webster, President of Imperial
Windsor Group Inc.
3
Company Highlights
Altan Nar Gold Discovery
Advancing 100% Owned Altan Nar Gold Project
Commencing resource drilling with tremendous upside
Alliance with Teck Resources in 2013
Khuvyn Khar Copper Porphyry Target
Establishing drill targets on copper porphyry target
Large 43-101 Molybdenum-Copper Deposit
Adjacent to world’s largest molybdenum consumer
Zuun Mod Molybdenum Deposit
Experienced Management Team
Principles Working in Mongolia Since Late 1990s
Exploring Mongolia Since 1997
Improving Mongolia Investment Environment
Favourable new Investment Law & reduction in gold royalty
4
Major Gold Terranes & Deposits
The Prolific Tian Shan Gold Belt
Includes some of the largest economic gold accumulations in the world
Second only to Witwatersrand in South Africa for known gold resources
5
The Prolific Tian Shan Gold Belt
Tian Shan belt well endowed with giant orogenic, mesothermal,
porphyry and epithermal gold deposits
(Muruntau, Kumtor, Axi, Xitan, Oyu Tolgoi)
6
Emerging Mining Region
Improving Accessibility and Infrastructure
7
Mongolia Metals Projects - 2014
Includes One of the World's Largest Gold Mines
 Oyu Tolgoi Copper – Gold Project

Top 6 gold deposit in world, 700,000 ounces of gold in 2014

$7 billion invested to date, 4 years from Feasibility Study to 1st ore

15 banks signed: IMF, EBRD, IFC and US Export-Import Bank

Phase II funding expected in 2014, additional $5 billion
 Kharmagtai Copper – Gold Project

ASX listed Xanadu Mines share price up 200% since July on Cu-Au drill results
 Boroo Gold Mine, Gatsuurt Gold Deposit, ATO Gold Prospect

TSX listed Centerra Gold’s top three Mongolia gold projects
 Bayan Airag Gold Mine

Kerry Holdings owned private company, initial gold production Q3 2014
8
Altan Nar Gold Project
2011 Erdene Gold Discovery (100% Owned)
4 Million Hectare Exploration Program
Deep Seated Regional Structures
Altan Nar
200 km
20 km
Initial Discovery; ancient pit
Expanded Geochemical Soil Survey
Lead
2 km
Gold
2 km
9
Discovery Zone: First Hole Return 23m of 2.1 g/t Gold
and the first hole below that 26m of 4.7 g/t Gold
10
Altan Nar Gold Project
Discovery Zone – Drill & Trench Highlights
Intensely Mineralized, Near Surface, Open to the North and at Depth
11
Altan Nar Gold Project
Discovery Zone – Drill & Trench Highlights
Intensely Mineralized, Near Surface, Open to the North and at Depth
Multiple Parallel zones to
main Discovery Zone
including 20m @ 0.7g/t gold
with 2m @ 2.9g/t Gold Eq.
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
Plunging under cover to north
with 121m @ 1.1g/t Gold Eq.
Multiple Intersections
of >20m @ >2g/t Gold
Parallel Zone, 6m of
2.1g/t Gold Eq.
Deepest Intersection at Altan
Nar 6m @ 5.7g/t Gold Eq.
Note: Gold equivalents based on current metal values (Au, Ag, Pb, Zn)
12
Altan Nar Gold Project
Multiple, Large, Gold and Base Metal Mineralized Targets
Highlights
 18 targets along 5.5 km trend
Discovery
Zone
 65 drill holes completed for
9,100 m
 88% drilling success rate
intersecting target mineralized
zones
 50% of drilling confined to
Discovery Zone
 Average drilling depth: 100m
13
Altan Nar Gold Project
Only Shallow Drilling Completed
Epithermal deposits can extend for >1,000m; Kelian 500m deep pit
Deposit comparisons: Porgera (>25 Moz), Kelian (5.7 Moz), Amatok (10
Moz), Fruta del Norte (6.7 Moz), and Rosia Montanna (17 Moz)
100m depth
14
Altan Nar Gold Project
Union North Target
Highlights
Union
North
 1.2 km NW of Discovery Zone
 High grade & near surface over
300 m strike length
 440 m of drilling & 600 m of
trenching
 Drill Highlight: 24 m @ 2.1 g/t Au,
5.8 g/t Ag, & 1.4% combined Pb-Zn
 Trench Highlight: 19m @ 8.9 g/t
Au, 66 g/t Ag, & 10.2% combined
Pb-Zn
15
Altan Nar Gold Project
Recent Drill Results - Union North
Cross Section - June 2014 Drill Program
19m @ 8.9 g/t gold,
66 g/t silver,
10.2% combined
lead-zinc
12m of 4.0 g/t gold,
10 g/t silver and
2.5% combined
lead-zinc
24m of 2.9g/t
Gold Equiv.
16
Altan Nar Gold Project
Recent Drill Results - Union North
IP Chargeability Drill Target - June 2014 Drill Program
17
Altan Nar Gold Project
Other Priority Targets
Highlights
3 Maggie: 500m2 target with coincident high
chargeability under cover; 17 m of 3.4 g/t Au,
4.9 g/t Ag & 1.4% Pb-Zn
4 Northbow: Intense alteration & breccia zone
over 400m; most intense gold-moly anomaly
at Altan Nar; 9 m of 1.3 g/t Au & 1.3%
combined Pb-Zn
5 Junction: Very intense, widespread gold-
lead-zinc soil anomalism; 4 m of 4.9%
combined Pb-Zn within 26 m of 0.8% Zn
7 Union South: 1km geophysical &
geochemical anomaly ; 600m long buried
target; 2 zones – 10 m of 2.3 & 11 m of 1.5 Au
equivalent
18
Altan Nar Gold Project
Moving Forward
Near Term Objectives
• Q2-2014: Detailed geochemical, induced
polarization & mapping program
• Q2-Q3 2014: 1,000m drilling & 2,000m
trenching program over high priority targets
to improve drill targeting & increase
confidence for resource estimation
• Q4-2014: Resource definition drilling over
Discovery Zone & Union North, along with
reconnaissance drilling to further evaluate &
prioritize remaining targets
• Q1-2015: Establish initial near surface, open
pitable resources at Discovery Zone & Union
North in late 2014/early 2015
• Q1- 2015: Complete high-level scoping &
metallurgical studies to determine options for
development & processing
19
Altan Nar Gold Project
Moving Forward
 Discovery Zone (testing 500m strike length)

Recent drilling: 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

900 m of planned resource definition drilling
 Union North (testing 300m strike length)

Recent drilling: 22 m @ 2.1 g/t gold, 5.8 g/t silver, & 1.3% combined leadzinc, and below that 12 m of 4.0 g/t gold, 10 g/t silver & 2.5% combined
lead-zinc

800 m of planned resource definition drilling
 Regional (multiple targets)

10 m of 2.3 g/t gold and 11 m of 1.5 g/t gold equivalent (Union South)

1,300 m of planned exploration drilling
20
Altan Nar Gold Project
Discovery Zone Long Section (looking Northwest)
High Confidence, Near-Surface Resource Definition Drill Program
38m @ 2.0
g/t Au Eq
19m @ 3.1
g/t Au Eq
16m @ 7.1
g/t Au Eq
24m @ 6.2
g/t Au Eq
10m @ 1.8
g/t Au Eq
12m @ 1.9
g/t Au Eq
Resource Definition
Drillhole
16m @ 2.2
g/t Au Eq
25m @ 4.2
g/t Au Eq
Potential Open
Pit Boundary
37m @ 1.5
g/t Au Eq
6m @ 5.6
g/t Au Eq
21
Q4 2014 thru Q1 2015 Expenditures
Erdene Expenditures Q4 2014 thru Q1 2015
Items
Technical Program - Drilling
All in Costs (cdn)
Discovery Zone
$ 289,300
Union North
$ 264,000
Expansion Targets
$ 335,500
Subtotal
$ 888,800
Analytical
$ 82,500
Independent Studies
$ 185,000
Property Renewals, Overhead, G&A
$ 220,000
Sub-total
$ 1,376,300
Contingency/Financing costs (15%)
$ 206,445
Total
$ 1,582,745
22
Timeline and Milestones
Close of private
placement; $1.6 M
at $0.14 / share; half
warrant at $0.21
Oct
Commencement
of resource and
exploration drilling
at Altan Nar
Press Release:
Discovery Zone
drill results
Nov
Dec
Press Release:
Union North
drill results
Press Release:
Exploration
Target drill results
Jan
Press Release:
Summary of
resource drilling
program with
2015 project
plans
Press Release:
Initial resource
estimate at
Discovery Zone
& Union North
Feb
Teck Resources
Strategic Alliance
renewal date;
equity placement
Mar
Apr
Completion of
metallurgical studies
and high-level internal
scoping study
Commencement of field
programs at Altan Nar &
Khuvyn Khar copper project
23
Erdene Valuation Factors
1 Year Insider Buying; Management & Directors Hold ~12%
Altan Nar
Gold Project
Exploration
Discovery
Feas
Const
Product
1 Year Share Performance; Mongolia Metals Exploration Peers
$958
$600
$0.25
Market Cap ($USD)
Erdene +85%
$0.20
$0.15
$0.10
$0.05
$0.0003/10/2013
Oct
Market Cap Peer Comp; Precious Metals Summit Comp. HK
03/12/2013
Jan
03/02/2014
Mar
03/04/2014
May
03/06/2014
Jul
03/08/2014
Sep
$500
$400
$300
$200
$100
Erdene
Value / ~Market Cap
Development Stage of a Successful Mining Company
$0
Early Stage ------- Resource Defined ------- Production
24
Erdene Financing
 Announced – October 6th
 Current Shares Outstanding – 76.7 mln
 Current Market Cap - $11 mln
 Issue Size – 11.5 mln shares
 Issue Price – $0.14
 Warrant – ½ share at $0.21 for 24 month period
 Post Issue Shares Outstanding – 88.2 mln
 Market Cap Post Issue - $13 mln
25
Major Acquisitions in Gold Mining Sector
$3,500,000,000
$3,400,000,000
$2,400,000,000
$1,840,000,000
$1,600,000,000
$1,200,000,000
$608,000,000
$250,000,000
2007-Kinross
2007
Buys Bema
(Russia)
Kinross
Buys
Bema
(Russia)
2008-Newgold
2009-Kinross
2008
2009
Acquires
Buys Aurelian
Metallica
and
(Ecquador)
Newgold
Kinross
Peak (America's)
Acquires
Metallica
and Peak
(America's)
Buys
Aurelian
(Ecuador)
2009-Eldorado
2009
Buys Sino
(China)
Eldorado
2010-Goldcorp
2010
Buys Andean
(Argentina)
Goldcorp
Buys Sino
(China)
Buys
Andean
(Argentina)
2011-Eldorado 2012-Iamgold
2014-Agnico
2011
2012
2014
Buys European Buys Trelawney Bids for Cayden
Goldfields
(Canada)
(Mexico)
Eldorado
Iamgold Agnico
Bids
(Mediteranean)
Buys
European
Goldfields
(Europe)
Buys
Trelawney
(Canada)
for Cayden
(Mexico)
26
Altan Nar Gold Project
The Next Giant Gold Deposit of the Tian Shan?
Early-In Opportunity
 A new gold district discovery
 Early in exploration cycle
 Period of low valuations in sector
Ownership
 100% interest in licence
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
Significant Upside Potential
Location & Infrastructure
 Limited drilling to date with all targets
open for expansion
 Region receiving rapid rail & road
upgrades
 Next door to world’s largest gold
production & consumption region
27
Erdene Resource
Development
Peter C. Akerley
President & CEO, Director
Website www.erdene.com
Email
[email protected]
Twitter
@ErdeneRes
TSX: ERD