Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Erdene Extends Altan Nar Gold Discovery Zone: Multiple Gold Targets Confirmed

HALIFAX, NOVA SCOTIA -- (Marketwire) -- 11/13/12 -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD), is pleased to announce it has received additional assays from the reconnaissance drill program that began October 7 at the Company's 100% owned Altan Nar (Golden Sun) gold-polymetallic project in southwest Mongolia.

The Altan Nar prospect includes multiple epithermal gold discoveries over a five kilometre strike length. The initial target was drilled in October 2011 and resulted in the on-going definition drilling of the Discovery Zone ("DZ") and testing of regional targets. The recently completed drill program consisted of 17 holes that totalled 2,465 metres, including 11 wide-spaced reconnaissance holes and six holes to test the lateral and down dip extension of the DZ. Complete assay results have been returned for 11 of the 17 holes (TND-42 to 52). Remaining assay results for TND-53 to TND-58 are expected to be received during the fourth quarter of 2012.

Highlights - 4th Quarter 2012 Drill Program

- Three new gold zones intersected: 100 metres (TND-49), 1.1 kilometres (TND-45) and 1.3 kilometres (TND-46) from DZ

- DZ gold zone extended 50 metres north

- North-end of DZ drilling ends in 4.5 metres of 2.4 g/t gold, 19 g/t silver, 2.8% lead and 0.9% zinc

- Broad polymetallic zone outlined in northern portion of DZ; 94 metres of 0.45 g/t gold, 6 g/t silver, 0.51% lead and 0.42% zinc

Discovery Zone Gold Trend

Two 50-metre step-out holes were completed at the northeast and southwest ends of the DZ. Hole TND-50, located 50 metres to the northeast of the DZ, intersected a broad zone of gold-polymetallic mineralization over a 94 metre interval. This zone averaged 0.45 g/t gold and was bounded by higher grade gold zones, including a five metre interval averaging 2.7 g/t gold (111 to 116 metres) and a 4.5 metre interval at the bottom of the hole (200 to 204.5 metres) that averaged 2.4 g/t gold, 18.8 g/t silver, 2.8% lead and 0.86% zinc. Previous drilling at the northeastern end (TND-40) of the DZ intersected a broad mineralized zone that included 27 metres of 1.8 g/t gold, 11 g/t silver, 0.47% lead and 0.62% zinc and higher grade zones including four metres of 4.5 g/t gold, 56 g/t silver, 2.5% lead and 1.2% zinc.

Previous results from the southwestern end of the DZ included 29 metres averaging 4.3 g/t gold and 24.1 g/t silver from hole TND-19 which was drilled 50 metres below the mineralization intersected in TND-09 that averaged 1.02 g/t gold and 12 g/t silver over 55 metres. The southwestern end of the DZ appears to be structurally displaced or pinched out, as confirmed by the results from TND-43 in the table below. The DZ remains open at depth and to the northeast. A map portraying the drill results projected to surface and the location of drill holes can be viewed on the Erdene website at www.erdene.com. Table one presents assay results for the DZ extension holes, TND-43 and TND-50:

Table 1


----------------------------------------------------------------------------
Hole No         From (m)  To (m)  Interval (m)  Au g/t  Ag g/t   Pb %   Zn %
----------------------------------------------------------------------------
TND-43               46      48             2     0.53     5.5   0.92   2.58
----------------------------------------------------------------------------
And                  70      72             2     0.59     2.5   0.14   0.22
----------------------------------------------------------------------------
And                  82      84             2     0.60     0.5   0.10   1.74
----------------------------------------------------------------------------
TND-50              111   204.5          93.5     0.45     5.9   0.51   0.42
----------------------------------------------------------------------------
Including           111     116             5     2.70    10.0   0.62   0.37
----------------------------------------------------------------------------
  Including         111     113             2     5.80    21.0   1.50   0.62
----------------------------------------------------------------------------
Including           193   204.5          11.5     1.10     9.3   1.30   0.43
----------------------------------------------------------------------------
  Including         200   204.5           4.5     2.40    18.8   2.80   0.86
----------------------------------------------------------------------------
(i)Note: TND holes were drilled at approximately 45 to 60 degree dip and    
intersected zones are interpreted to be steeply-dipping to vertical.        
Additional information is required to determine true widths.                

Regional Reconnaissance Targets

Assays have been received for nine of the 11 reconnaissance holes and seven of these holes returned intervals (1 to 19 metres) of 0.5 g/t gold or higher (up to 4.4 g/t over 9 metres). Results for two holes located 1.3 kilometres northwest of the DZ (TND-45 and 46) were previously reported in a press release dated October 29, 2012. TND-46 contains multiple higher grade gold zones separated by post-mineralization dykes which, when included in the overall zone results, yielded an average grade of 1.3 g/t gold over 47 metres. TND-49, 100 metres to the west, has intersected a parallel zone to the DZ with multiple gold-bearing zones ranging from one to four metres in width and from 0.51 to 2.7 g/t gold.

Table two presents the results to date for the nine reconnaissance holes from the recent drilling program.

Table 2


----------------------------------------------------------------------------
Hole No         From (m)  To (m)  Interval (m)  Au g/t  Ag g/t   Pb %   Zn %
----------------------------------------------------------------------------
TND-42              112     113             1     0.73     5.0   0.03   0.30
----------------------------------------------------------------------------
TND-44               14      18             4     0.58     nil    nil   0.12
----------------------------------------------------------------------------
TND-45               19      38            19     0.46     2.2   0.40   0.57
----------------------------------------------------------------------------
TND-46               22      30             8     1.10     3.5   0.05   0.15
----------------------------------------------------------------------------
Including            28      30             2     3.60     6.0   0.12   0.26
----------------------------------------------------------------------------
And                  41      43             2     5.40    20.0   1.14   1.15
----------------------------------------------------------------------------
And                  58      67             9     4.40    11.6   0.97   0.77
----------------------------------------------------------------------------
Including            62      64             2     9.70    24.5   2.06   2.00
----------------------------------------------------------------------------
And                  98     102             4     1.03     3.0   0.23   0.47
----------------------------------------------------------------------------
TND-47          no interval greater than 0.5g/t Au                          
----------------------------------------------------------------------------
TND-48               92      93             1     1.80   115.0   0.11   0.57
----------------------------------------------------------------------------
TND-49               40      41             1     2.00     3.0   0.04   0.12
----------------------------------------------------------------------------
And                  52      54             2     2.70     4.0   0.04   0.09
----------------------------------------------------------------------------
And                  57      61             4     0.51     0.8   0.03   0.07
----------------------------------------------------------------------------
And                 122     126             4     0.55     nil   0.03   0.07
----------------------------------------------------------------------------
TND-51               36      38             2     0.48     3.0   0.18   0.31
----------------------------------------------------------------------------
TND-52          no interval greater than 0.5g/t Au                          
----------------------------------------------------------------------------
(i)Note: TND holes were drilled at approximately 45 to 60 degree dip and    
intersected zones are interpreted to be steeply-dipping to vertical.        
Additional information is required to determine true widths.                

Multiple targets with geophysical and geochemical signatures similar to the DZ remain untested across the 1.5 kilometre by 5 kilometre Altan Nar prospect. In addition, the most recent round of drilling has identified gold zones that require follow-up drilling.

Altan Nar Background

The Altan Nar gold discovery was made approximately one year ago following a large regional exploration program carried out by Erdene's technical team. This was followed by initial drilling that returned 11 metres of 9.0 g/t gold within broad zones containing up to 55 metres of over 1.0 g/t gold. The licence covers an area of 4,669 hectares and is about to enter the fourth year of a nine year term following which it can be converted to a mining licence by meeting the requirements defined by the Minerals Law of Mongolia.

Qualified Person

J.C. (Chris) Cowan, P.Eng. (Ontario) is a Qualified Person as that term is defined in National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. All samples have been assayed at SGS Laboratory in Ulaanbaatar, Mongolia. In addition to internal checks by SGS Laboratory, the company incorporates a QA/QC sample protocol utilizing prepared standards, blanks and duplicates.

About Erdene November 9, 2012, was the effective date for a Plan of Arrangement ("Arrangement") between Erdene and Morien Resources Corp. ("Morien"). Pursuant to the Arrangement, all of Erdene's North American property interests, consisting primarily of its 25% interest in the Donkin Coal Project, are now held by Morien which trades on the TSX Venture Exchange under the symbol "MOX". Erdene (TSX:ERD) is now focussed on precious and base metal exploration in Asia, primarily Mongolia. As per the Arrangement, Erdene's common shares were reduced to 47,901,451 issued and outstanding and 50,277,951 fully diluted.

Forward-Looking Statements

Certain information regarding Erdene 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 Erdene 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. Erdene cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Erdene 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 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 is subject to change after that date. The Company does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENTS OF THIS RELEASE

Contacts:
Erdene Resource Development Corp.
Peter C. Akerley, President and CEO

Ken W. MacDonald
Vice President Business Strategy and CFO
(902) 423-6419
info@erdene.com
www.erdene.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Web 2.0 Latest News
If you listen to the persistent murmur in the market surrounding the Internet of Things right now, you'd believe that it's all about sensors. Sensors and big data. Sensors that monitor everything from entertainment habits to health status to more mundane environmental data about your h...
With Octoblu emerging from stealth mode, it seemed like a good idea to talk to a couple of key people there. We were able to do just that with company co-founders Geir Ramleth and Chris Matthieu. Geir Ramleth serves as CEO. He was named to CIO Magazine's Hall of Fame in 2008, and ser...
Like most maturing industries, standards are required to achieve broad adoption and maximum value. For the cloud, in particular cloud Infrastructure as a Service (IaaS) offerings like Amazon Web Services and Rackspace Cloud, it’s time for a standard method for presenting these services...
Open Source Storage recently announced that Oracle veteran Mark Iwanowski was joining the company as its new chairman. What better time to find out what's going on there? We had a few questions for him... Cloud Computing Journal: What are your key objectives as the new Chairman? ...
The IoT is coming, as inevitably as the earth circles the sun. It's just a matter of how many laps the planet will take before we have an IoT society characterized by smart things, buildings, grids, cities, and nations. One question to ponder is which of those nations are best equip...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE