Silver Dragon Resources, Inc. (SDRG.OB) Commenced Production at Erbahou China Silver Mine

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Silver Dragon Resources, Inc. (SDRG.OB) has commenced silver mining production at one of its Chinese partnered sites in Erbahou. With the current market value of silver again approaching all time highs the excitement is driving this operation.

Silver Dragon Resources, Inc. & Silver Coins

Silver Dragon Resources - Guardians of Hidden Treasures

Silver Dragon Resources, Inc. (SDRG.OB) has commenced silver mining production at one of its Chinese partnered sites in Erbahou. With the current market value of silver again approaching all time highs the excitement is driving this operation. “We are excited to see the Erbahuo mine has formally commenced production with the assistance of our strategic partner,” commented Marc Hazout, President and CEO of Silver Dragon Resources. “With strong partnerships and silver prices at historical highs, we are confident the Erbahuo mine will be a successful operation with revenues reflected in our financial reporting this year.”

Silver Dragon Resources outlines more specifics in this official release dated 12 July 2011 from REUTERS. The Erbahou site may yield as much as US$ 190,000,000.00 in revenues over the life of the mine as stated in the release Silver Dragon Starts to Dig Out covered by American Banking and Market News recently.

To add to the excitement of this project initial reports show the prospects of additional resources available in Erbahou. "I am very pleased with our mine operator's efficiency and quality of work and look forward to good profits," stated Guoqiang Hao, director of Silver Dragon and Huaguan Industrial Corp. ("HIC"). "Moreover, the current mining operation has also revealed some new ore-finding clues that may lead to additional resources, which may significantly boost the profitability of our Erbahuo project."

Silver Dragon Resources is a uniquely structured company of the future in the way it has put together global resources to maximize profitability in the new world economy as covered by CBS Money Watch in the story Silver Dragon Resources Structuring For A New Global Market.

Silver Dragon Resources Inc. is a mining and metals company focused on the acquisition, exploration, development and operation of silver mines in proven silver districts exclusively in China and Mexico.

Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly-leveraged, out-of-the-money silver deposits, and/or producing properties with significant untapped exploration potential. It is management's objective to grow Silver Dragon into a significant silver producer by acquiring properties in Mexico and developing its seven Erbahuo properties in China. Silver Dragon is preparing to participate in China’s increasing demand for silver.

Silver Dragon Resources, Inc. is one of only three Western companies permitted and licensed to conduct silver exploration and mining in China.

For more information or an interview with Silver Dragon Resources, Inc. (SDRG.OB) please email or call for scheduling:
Marc Hazout, President & CEO
Alessandro Motta, Vice President, Investor Relations
Toll Free (North America): 1-866-512-SDRG (7374)
416-223-8500 outside the US/Canada

Silver Dragon Resources, Inc. (SDRG.OB) Silver Dragon Resources - Guardians of Hidden Treasures
Copyright © 2011 All rights reserved.

Safe Harbor Statement
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company’s current expectations.
Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events.

Factors that could cause the Company’s results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company’s products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company’s control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of the MyC3 initiative and other cost-containment strategies, and the Company’s success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company’s filing with The Securities and Exchange Commission. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

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Marc Hazout

Alessandro Motta
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