Erdene Gold 's Profile

high growth exploration & near-production assets Mongolian, coal, copper/molybdenum & North American industrial mineral and coal projects

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Erdene Resource Development Corp., (TSX: ERD) provides investors with a stable platform for investment in the mineral exploration sector by combining near-term cash flow projects with diversified, high growth exploration opportunities.

ERD is a diversified resource development company with multiple projects at various stages of development from exploration to production all focused on high-growth commodities.

These projects include the:

Zuun Mod molybdenum project in Mongolia;
a 25:75 joint venture with Xstrata Coal Canada Ltd. on the Donkin Coal Project in eastern Canada which is currently being evaluated for phase I development;
an Alliance Agreement with Xstrata whereby they fully fund ERD's coal exploration and development program in Mongolia with the right to acquire a 75% interest in any coal project submitted to them by ERD;
ownership of multiple kaolin deposits and a construction materials deposit in Georgia, USA, some currently in production under royalty agreement and others in the development stage.

ERD has a working capital position of approximately $18.1 million with 89,230,877 common shares issued and outstanding and a fully diluted share position of 98,445,852 common shares.

High Growth, Diversified Exploration Opportunities

Diversified portfolio of quality exploration projects in Mongolia
Strategically located adjacent to China
Interests in high-growth commodities: base metals, precious metals and energy

Stable Platform of Near-Term Cash Flow Projects

Industrial minerals and coal projects in North America
Minority and royalty interests with projects being developed and managed by partners who are industry leaders in their respective fields
Assets are advanced stage or producing to provide near-term cash flow

Strategic Alliances and Joint Ventures with Experienced Operators

Partners are industry leaders including Xstrata Coal, JM Huber Corporation and Ready Mix USA.
Reduces risk for Erdene investors at early stage of operations
Maximizes potential for success through access to experience and funding

Erdene is a diversified mineral exploration and development company with projects focused on high-growth commodities that provide significant upside potential for our shareholders.

100% owned Zuun Mod molybdenum/copper project in Mongolia
25% interest in the Donkin Coal Alliance with Xstrata Coal Canada Limited (Xstrata Coal) in Nova Scotia, Canada.

In addition, Erdene has royalty agreements with JM Huber Corporation and Ready Mix USA as operators and developers in the southeast U.S. for the Company's kaolin clay and aggregate projects.

Erdene continues to actively explore for additional industrial minerals opportunities in North America that are located to provide strategic market advantage to the growth areas of the eastern seaboard of the U.S.

The company's Mongolian exploration properties are focused on base metals (molybdenum and copper) led by the Zuun Mod molybdenum project, precious metals (gold) and energy (coal). Erdene has also established strategic alliances and joint ventures with industry leaders such as Xstrata Coal who are fully funding the Company's Mongolia coal projects through to feasibility.

The base and precious metal projects are operated by the company's experienced exploration team.

Last changed at 10-Feb-2009 06:03PM by Highgrader

Management & Directors

Managemenrt

& Directors

Peter C. Akerley
President, Chief Executive Officer and Director

Peter C. Akerley has held the position of President and Chief Executive Officer since March 2003. Mr. Akerley has been a director of the company since February 2003.
Mr. Akerley previously provided exploration and managerial services for projects in Canada, the U.S.. Mexico, Guyana, the Philippines and Mongolia to junior and senior exploration and mining companies. Between 1996 and 1998, he was co-manager of a major exploration program in Mongolia with J. C. (Chris) Cowan.
Mr. Akerley has also been President of BRM Exploration Ltd., a mineral exploration consulting company that provided geologic exploration and managerial services to the industry internationally, since 1996. He holds a BSc (Geology) from Saint Mary's University in Halifax.

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Ken W. MacDonald
Vice President Business Strategy, Chief Financial Officer and Director

Ken W. MacDonald was appointed Vice President Business Strategy in September 2007. He previously held the positions of Vice President North America and Vice President Finance beginning March 2003. Mr. MacDonald is also the Chief Financial Officer of Erdene, a position he has held since March 2003. He has been a director of the company since February 2003.
From September 1992, Mr. MacDonald has also been the President and owner of Fisher Transport Limited, a specialized transport company. In addition, he was the Vice President of Finance for Kaoclay Resources Inc. from 1996 to June 2006. Prior to 1985, Mr. MacDonald, a chartered accountant, was a senior manager with one of Canada’s major accounting firms. From 1985 to September 1992, he was vice president finance with public and private corporations in the resource sector.
Mr. MacDonald graduated from St. Mary's University in 1977 with a BCom and received his chartered accountant designation in 1980.

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J. C. (Chris) Cowan
Vice President Asia and Director
J. C. (Chris) Cowan was appointed Vice President Asia in June 2006.

Mr. Cowan is a Co- Managing Director of Erdene Mongol XXK, a wholly owned Mongolian subsidiary. He has been a director of the company since February 2003.
Mr. Cowan has acted as a minerals consultant, providing services to exploration and mining companies world-wide since 1990. He previously spent 28 years with Falconbridge Limited in a variety of senior management and board positions including President and Director of New Pascalis Mines Ltd. from 1984 to 1990; Vice-President and Director of New Quebec Raglan Mines Ltd., between 1981 and 1990; Chairman of the Board of Indusmin Ltd., from 1984 to 1990; President, CEO and Director of United Keno Hill Mines Ltd., between 1981 and 1990; and President of Wesfrob Mining Division, from 1981 to 1983. Mr. Cowan has also been responsible for the technical direction of Falconbridge's worldwide surface and mining exploration as well as exploration manager in Southeast Asia and Chief Geologist for Sudbury Operations.
Mr. Cowan, holds a Masters of Science degree (Geology), and is a member of the Professional Engineer Society of Ontario. He has over 40 years of experience in mining and mineral exploration.

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Mark Davies

Vice President, Erdene Materials

Mark Davies was appointed the Vice President of Erdene Materials in September 2007 and is based in the Erdene satellite office in West Palm Beach, Florida.
Mr. Davies has over 20 years of experience in the construction aggregate business, most recently focused in the growing south-eastern U.S. market. His expertise is in the areas of exploration (both domestic and international), permitting, design, operations, contract negotiations and environmental compliance
Mr. Davies is a certified professional geologist, graduated with a BSc Geology from the University of South Carolina in 1984 and obtained his MBA from Florida Atlantic University in 2007.

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Michael Gillis
Director of Business Operations

Michael Gillis was appointed the Director of Business Operations in March 2006. Prior to this, Mr. Gillis was the Erdene's Corporate Development Manager, a position he held since joining the company in early 2004.
Mr. Gillis has over 20 years of experience in the mineral exploration industry in increasingly senior project and corporate management positions. From 1996 to 2002, he was a project geologist and Land Manager for Kaoclay Resources Inc.
Mr. Gillis obtained his BSc (Hons) in Geology from St. Francis Xavier University in 1985.

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Michael O'Keefe
Director of Finance

Michael O'Keefe has been Director of Finance since he joined the company in 2005.
Mr. O'Keefe has extensive experience in senior finance positions in both public and private companies and was part of the senior management team for one of the "50 Best Managed" private companies in Canada before joining Erdene's management team.
Mr. O'Keefe obtained his BBA (Accounting) from St Francis Xavier University in 1993, received his accounting designation (CMA) in 1997, and his MBA from Saint Mary's University in 2006.

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Suzan Frazer
Corporate Secretary

Suzan Frazer has been Corporate Secretary since March 2003.
Ms. Frazer is a partner of the Halifax office of the law firm, McInnes Cooper. She has been practicing corporate law for over 20 years and is experienced in representing public and private companies in the junior resource sector.
Ms. Frazer's experience includes public offerings and private placements under securities legislation, stock exchange listings, take-over bids, mergers, acquisitions and general compliance with the continuous disclosure and other requirements of securities legislation.