Erdene Resource Development has released a preliminary economic assessment for its Zuun Mod molybdenum-copper project in Mongolia, outlining a $687 million development plan. The study estimates an after-tax NPV of $745 million and an IRR of 16% based on a base case scenario.
Erdene Resource announced positive Preliminary Economic Assessment (PEA) results for its Zuun Mod Molybdenum-Copper Project in Mongolia, outlining a 34-year mine life with a base case after-tax NPV8% of US$745.1 million and an IRR of 16.1%. The PEA is supported by an updated NI 43-101 compliant mineral resource estimate, including 407.1 Mt Measured+Indicated at 0.048% Mo and 0.062% Cu, and positive metallurgical testwork indicating high recoveries for both molybdenum and copper. The company plans further drilling to upgrade and expand resources.
Erdene announced positive Preliminary Economic Assessment (PEA) results for its wholly-owned Zuun Mod Molybdenum-Copper Project in Mongolia, outlining an after-tax NPV8% of US$745 million and an IRR of 16.1% over a 34-year mine life. The study, based on an updated Mineral Resource Estimate, projects significant molybdenum and copper production with an All-in Sustaining Cost of US$13.89/lb molybdenum. The PEA highlights the project's compelling economics and strategic importance as a potential major molybdenum producer.
Erdene Resource Development Corp. has filed a Technical Report for its 100% owned Zuun Mod molybdenum-copper porphyry project in Mongolia. This filing follows an updated mineral resource estimate announced on October 2, 2025.
