Mr. Greg Waller reports

TECK ANNOUNCES SUBSCRIPTION TO ERDENE PLACEMENT

Teck Resources Ltd. has acquired an aggregate of 3,897,739 additional common shares of Erdene Resource Development Corp. Teck subscribed for 2,826,310 common shares from Erdene in a private placement at a purchase price of 13.9 cents per common share, and acquired the remaining 1,071,429 common shares through the exercise of share purchase warrants at an exercise price of 10 cents per warrant.

As a result of these transactions, Teck holds 13,040,596 Erdene common shares, representing approximately 15.1 per cent of Erdene's issued and outstanding common shares. Erdene is a mining company focused on the acquisition, exploration, and development of base and precious metals in Mongolia.

The subscription was made for investment purposes and to satisfy certain financing commitments under a private placement agreement entered into with Erdene in April, 2013. Teck may otherwise determine to increase or decrease its investment in Erdene, depending on market conditions and any other relevant factors. This release is required to be issued under the early warning requirements of applicable securities laws. A copy of the early warning report may be obtained from Greg Waller, vice-president of investor relations and strategic analysis at 604-699-4014, and Chris Stannell, senior communications specialist, at 604-699-4368.