Provides Bayan Khundii Project and Drilling Update

HALIFAX, Nova Scotia, Aug. 12, 2025 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB: ERFCF) (“Erdene” or the “Company”) is pleased to announce operating and financial results for the three months ended June 30, 2025, and to provide an update on construction progress and drilling at the Bayan Khundii Gold Project (“BK” or “Project”), being developed with Mongolian Mining Corporation (“MMC”). This release should be read in conjunction with the Company’s Q2 2025 Financial Statements and MD&A, available on the Company’s website and SEDAR+. All dollars are Canadian unless otherwise noted.

Peter Akerley, Erdene’s President and CEO stated, “The team made great progress during the second quarter, substantially co

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