Silver Dragon Resources - Guardians of Hidden Treasures
Toronto, Ontario, Canada (PRWEB) June 08, 2011
Silver Dragon Resources, Inc. (SDRG.OB) “is moving rapidly forward towards larger goals and growing from a small company to a medium size player in the industry by more than doubling our resources from last year” states Alessandro Motta, Vice President, Investor Relations. The graduating process from exploration to production is evident in the tremendous strides taken in the Erbahuo operation in Northern China, which is close to Mongolia, 800k north of Beijing starting this July 2011. Even greater news and excitement is with the additional 11.5M oz. Silver, 93.9M lbs. Lead and 132.8M lbs. Zinc at Dadi that targets mine development in 2012 as reported in BEIJING, February 23, 2011 (PRIME NEWSWIRE). The Dadi Ag-Pb-Zn-Cd Property is Silver Dragon’s most prominent project in China, located near the Dadi village of Keshiketeng County, Inner Mongolia, China. The Dadi site is expected to yield over 40 million ounces of real silver in addition to lead and zinc credits and cadmium. At current market value of silver the estimated value of the site is over U$1.4billion dollars.
Silver Dragon Resources, Inc. is one of only three Western companies permitted and licensed to do silver mining and exploration in China.
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.
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
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