Erdene Gold Inc. announced today that it has received a NI 43-101 compliant independent technical report (the “Technical Report”) containing the resource estimate for the Donkin coal project from McElroy Bryan Geological Services Pty. Ltd. of Sydney, Australia. The project located on the coast of Cape Breton, Nova Scotia is jointly held under special license by Erdene (25% interest) and Xstrata Coal (75% interest). The Technical Report identified an indicated resource of 227Mt (million metric tons) and an inferred resource of 254Mt of “High Volatile A Bituminous Coal” within the confines of the Donkin coal resource block. The resource is outlined in more detail in the table below. The Technical Report will be posted on SEDAR at www.sedar.com.