2. 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$.
Forward Looking Statements
2
3. 3
Company Highlights
Advancing 100% Owned Altan Nar Gold Discovery
- Early in exploration phase with significant upside
Alliance with Teck Resources in 2013
- Establishing drill targets on copper porphyry target
Experienced Management Team
- A leading Mongolia metals exploration team since mid 1990’s
Project Pipeline Includes Very Large 43-101 Molybdenum Deposit
- Adjacent to world’s largest molybdenum consumer
Improving Investment Environment in Mongolia
- Favourable new Foreign Investment Law and reduction in gold royalty
4. 4
Tian Shan Belt, Well Endowed with Giant Orogenic, Mesothermal, Porphyry
and Epithermal Gold Deposits (Muruntau, Kumtor, Axi, Xitan, Oyu
Tolgoi)
The Tian Shan Gold Belt
Some of the Largest Economic Accumulations of Gold in the World
7. 7
Altan Nar - Located at a Break in Deep Seated Regional
Structure within a Paleozoic Subduction Arc Setting
Altan Nar
Zuun Mod -
Khuvyn Khar
20 km Bouguer Gravity Anomaly
Deep Seated Structures & Tectonic Boundary Reorganizations: Dominant Relationship in
Major Gold Deposits of the Tian Shan
8. 8
Tsenkher Nomin (Altan Nar) Discovery
Satellite Imagery, Regional Geochemical Survey and Prospecting Leads to Initial Discovery
2 km
2011 Drilling:
4m of 3g/t
and 0.9% Cu
Historic Workings
9. 9
Tsenkher Nomin (Altan Nar) Discovery
Expanded Geochemical Survey Leads to Altan Nar Discovery
2 km
ZINC -2012
10. 10
Rock chip sample
2 km
41 g/t Au
11 % Pb
1% Zn
0.35% Mo
11 g/t Au
19 g/t Au
12 % Pb
3.8 g/t Au
3.2 % Pb
3.2 g/t Au
2.2% Cu
5.2 g/t Au
3.2% Cu
14% Cu
2.6% Cu
1.7% Cu
Tsenkher Nomin (Altan Nar) Discovery
Expanded Geochemical Survey Leads to Altan Nar Discovery
11. 11
Priority Targets
1 Discovery Zone: most advanced target; 450m
strike & open; high-grade of >3 g/t gold, up to 35
m wide zones including 32m @ 3.6g/t gold
2 Union North: 1.2km NW of DZ; high-grade, near
surface mineralization over 150m strike length
including 19m @ 8.9g/t gold in trenches
3 Maggie: 500m2 target with high-grade trenching
results; coincident chargeability high under cover
4 Northbow: intense phyllic alteration & breccia
zone over 400m strike; most intense gold-moly
anomaly at Altan Nar
5 Junction: very intense, widespread gold-lead-
zinc soil anomalism; rock samples returning up
to 11.2 g/t gold; coincident geophysical targets
6 Southbow: most intense chargeability anomaly
at Altan Nar; 600m long buried target
Altan Nar Gold Project
Multiple, Large, Gold and Base Metal Mineralized Targets
12. Altan Nar Gold Project
Discovery Zone – Drill & Trench Highlights
Intensely Mineralized, Near Surface, Open to the North and at Depth
12
7m @ 3.4g/t Au,
47g/t Ag, & 0.4% Pb-Zn
(within 21m @ 1.2g/t Au)
46m @ 1.2g/t Au
& 7.6 g/t Ag, Incl 15m @
3.0 g/t Au & 19.6 g/t Ag
6m @ 4.7g/t Au,
8.5g/t Ag, & 1.3% Pb-Zn
8m @ 3.9g/t Au,
17.4g/t Ag & 0.6% Pb-Zn
(within 23m @ 2.1g/t Au)
11m @ 9.1g/t Au,
22.7g/t Ag, & 0.9% Pb-Zn
(within 29m @ 4.3g/t Au)
50m @ 1.1g/t Au
& 5.4 g/t Ag, Incl 15m @
2.4 g/t Au & 8.0 g/t Ag
8m @ 4.5g/t Au,
25.4g/t Ag, & 2.3% Pb-Zn
(within 28m @ 1.8g/t Au)
31m @ 1.0g/t Au,
10.1g/t Ag, & 1.2% Pb-Zn
(within 123m @ 0.5g/t Au)
(end of hole, 200m)
44m @ 1.1g/t Au
& 11.3 g/t Ag, Incl 11m @
3.0 g/t Au & 33.7 g/t Ag
6m @ 7.5g/t Au,
40g/t Ag, & 1.2% Pb-Zn
(within 21m @ 3.2g/t Au)
5m @ 17.7g/t Au,
69g/t Ag, & 4.6% Pb-Zn
(within 19m @ 5.8g/t Au)
Trench result
Drill result
15. ?
2m 1g/t
Gold Eq.
20m 0.7g/t
gold with
2m 2.9g/t
Gold Eq.
23m 2.1g/t
Gold Eq.
14m 4.0g/t
Gold Eq.
21m 2.3g/t
Gold Eq.
6m 5.7g/t
Gold Eq.
Altan Nar Gold Project
Discovery Zone – Expansion
(Gold Eq. includes Au, Ag, Pb, Zn @ current metal prices)
16. 121m of 1.1g/t gold
equivalent (current
metal prices, Cu
excluded) or 0.64%
Cu Equiv.
?
Altan Nar Gold Project
Discovery Zone Extension - Broad Mineralized Zone at Depth
High Grade Gold-Copper Zone
CBM Gold Zone
Copper Zone
17. 17
Priority Targets
1 Discovery Zone: most advanced target; 450m
strike & open; high-grade of >3 g/t gold, up to 35
m wide zones including 32m @ 3.6g/t gold
2 Union North: 1.2km NW of DZ; high-grade, near
surface mineralization over 150m strike length
including 19m @ 8.9g/t gold in trenches
3 Maggie: 500m2 target with high-grade trenching
results; coincident chargeability high under cover
4 Northbow: intense phyllic alteration & breccia
zone over 400m strike; most intense gold-moly
anomaly at Altan Nar
5 Junction: very intense, widespread gold-lead-
zinc soil anomalism; rock samples returning up
to 11.2 g/t gold; coincident geophysical targets
6 Southbow: most intense chargeability anomaly
at Altan Nar; 600m long buried target
Altan Nar Gold Project
Multiple, Large, Gold and Base Metal Mineralized Targets
19. Altan Nar Gold Project
Recent Drill Results - Union North
19
Cross Section - June 2014 Drill Program
12m of 4.0 g/t gold,
10 g/t silver and
2.5% combined
lead-zinc
19m @ 8.9 g/t
gold, 66 g/t silver,
10.2% combined
lead-zinc
24m of 2.9g/t
Gold Equiv.
20. Altan Nar Gold Project
Recent Drill Results - Union North
20
IP Chargeability Cross Section - June 2014 Drill Program
12m of 4.0 g/t gold,
10 g/t silver and
2.5% combined
lead-zinc
19m @ 8.9 g/t gold,
66 g/t silver,
10.2% combined
lead-zinc
21. 21
Priority Targets
1 Discovery Zone: most advanced target; 450m
strike & open; high-grade of >3 g/t gold, up to 35
m wide zones including 32m @ 3.6g/t gold
2 Union North: 1.2km NW of DZ; high-grade, near
surface mineralization over 150m strike length
including 19m @ 8.9g/t gold in trenches
3 Maggie: 500m2 target with high-grade trenching
results; coincident chargeability high under cover
4 Northbow: intense phyllic alteration & breccia
zone over 400m strike; most intense gold-moly
anomaly at Altan Nar
5 Junction: very intense, widespread gold-lead-
zinc soil anomalism; rock samples returning up
to 11.2 g/t gold; coincident geophysical targets
6 Southbow: most intense chargeability anomaly
at Altan Nar; 600m long buried target
Altan Nar Gold Project
Multiple, Large, Gold and Base Metal Mineralized Targets
22. Altan Nar Gold Project
Priority Targets
22
Target Area 3 – Maggie - Geologic Map with Geochemical Results
Trench - 17 m of 3.4 g/t gold, 4.9 g/t
silver and 1.41% combined lead-zinc
23. Altan Nar Gold Project
Priority Targets
23
Maggie: Drilling in Q2 2014
11m of 1.6g/t
Gold Equiv.
6.5m of 1.8g/t
Gold Equiv.
High Base
Metal/Silver: up
to 77g/t silver,
6.4% lead and
2.5% zinc
24. Altan Nar Gold Project
Priority Targets
24
Target 4 (North Bow) and 5 (Junction) – Geology with Geochemical Results
Trench - 9 m of 1.3 g/t gold
and 1.3% combined lead
and zinc
25. Altan Nar Gold Project
Priority Targets
25
Target Areas 6 (South Bow) and 7 (Union South)
Drill - 9 m of 2.6g/t gold eq.
26. 26
Intermediate epithermal gold deposits are often base
metal rich and locally associated with porphyry
deposits
Known CBM deposits include: Porgera (>25
Moz), Kelian (5.7 Moz), Amatok (10 Moz), Misima
(4 Moz), Montana Tunnels (36 Moz silver), Fruta
del Norte (6.7 Moz), and Rosia Montanna (17 Moz)
Productive stockwork, breccia, veins can be >1km in
strike length in intermediate systems
CBM deposits can have a vertical dimension of
1,000+m; Kelian 500m deep pit; Altan Nar only
shallow drilling completed to date
18 targets identified at Altan Nar, over 5.5 km long
mineralized corridor
Altan Nar Gold Project
High-Grade, Carbonate Base Metal “CBM” Gold Vein-Breccia Deposit
27. 27
Priority Targets
1 Discovery Zone; most advanced target; 450m
strike; high-grade zones of >3 g/t Au ranging
from 2m to 35 m; including 32m @ 3.6g/t Au
2 Union North; 1.2km NW of DZ; high-grade, near
surface mineralization over 150m strike length
including 19m @ 8.9g/t Au
3 Maggie; 500m2 target with high-grade trenching
results; 50% of target is buried with coincident
chargeability high
4 Northbow; intensely altered breccia zone over
400m strike; highest moly (pathfinder for intense
gold mineralization) found on property; 0.7% Mo.
5 Junction; very intense Au-Pb-Zn soil anomalism;
rock samples returning up to 11.2 g/t Au;
coincident geophysical targets
6 Southbow; 600m long buried target hosting the
most intense chargeability anomaly at Altan Nar
Altan Nar Gold Project
Comparative Scale
Scale Comparison:
Barrick’s Pueblo Viejo mine, 30Moz
Gold (copper-silver) deposit
(one of the world’s largest gold deposits)
28. 28
Altan Nar Gold Project
Moving Forward
Near Term Objectives
Complete 3,000m trenching program over
high priority targets to improve drill
targeting and increase confidence for
resource estimation
Resource definition drilling over
Discovery Zone and Union North
Establish initial near surface, open pitable
resources at Discovery Zone and Union
North in late 2014/early 2015.
Reconnaissance drilling to further evaluate
and prioritize remaining targets
29. Altan Nar Gold Project
The Next Giant Gold Deposit of the Tian Shan?
29
Early-In Opportunity
A new gold district discovery
Early in exploration cycle
Period of low valuations in sector
Ownership
100% interest in licence
Significant Upside Potential
Limited drilling to date with all targets
open for expansion
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
Location & Infrastructure
Region receiving rapid rail & road
upgrades
Next door to world’s largest gold
production & consumption region
30. “Do not follow where the path may lead. Go instead
where there is no path and leave a trail”
Ralph Waldo Emerson