HALIFAX, NOVA SCOTIA — (Marketwire) — 07/26/12 — Erdene Resource Development Corp. (TSX: ERD) ("Erdene" or "Corporation") is pleased to provide an update on the Donkin Export Coking Coal Project ("Donkin Project") located on Cape Breton Island, Nova Scotia, Canada. The Donkin Project is owned through a 75:25 joint venture between Xstrata Coal Donkin Limited ("Xstrata") and Erdene with Xstrata recently announcing their intent to sell their entire intere