Dear Eric,
BEIJING, April 10, 2012 (PRIME NEWSWIRE) - Silver Dragon Resources Inc. (OTCBB: SDRG) ("the Company") is pleased to announce that it has completed a geological report on the results from the 2011 exploration program at its Laopandao silver-copper-tin polymetallic project in Inner Mongolia, Northern China.
After five years of exploration, Laopandao has evolved into an advanced exploration project with a completed initial NI 43-101 compliant resource estimate, and a metallurgical analysis in progress. An extensive underground tunnel system has been constructed and a drilling, trenching & tunneling program is well underway with a total of 7,174 meters of surface trenching, 14,632 meters of Diamond drilling, and 2,822 meters of underground exploration-development (tunneling) completed to date. Some of the highlights from the report are as follows:
About Silver Dragon Resources Inc.
Silver Dragon Resources Inc. (OTC:SDRG) is a mining company focused on the acquisition, exploration, development and operation of silver mines in proven silver districts in China and Mexico. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, 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 the Company's seven Erbahuo properties in China. With operations in Mexico, the world's leading producer of silver, and in China, the world's largest consumer of silver, Silver Dragon is prepared to participate in China's increasing demand for silver.
Thank you for your interest in Silver Dragon Resources Inc.
Silver Dragon is based in Canada.
Silver Dragon holds various exploration projects in China.
Its main asset in production is ERBAHUO in China and its main exploration properties are CERRO LAS MINITAS in Mexico and LAOPANDAO BEIHOU, DADI, LIANGDI, SAIHANAOBAO, AOBAOTUGOUNAO, YUANLINZI, SHIDIDONGGOU and ZHUANXINHU in China.