Silver Dragon Resources Inc. (OTC:SDRG) is admiring to advertise that it has acquired its aboriginal mill. The comminute is currently amid in the Municipality of Chalchihuites, in the Mexican State of Zacatecas. It has an antecedent processing accommodation of 50 tonnes per day, which can be broadcast as the Company continues to advance its Cerros las Minitas Silver Project in Durango, Mexico. It will be dismantled, transported, and reassembled on the Company's Santo Ninyo concession, and is accepted to become operational in the aboriginal division of 2009.
The comminute was acquired at a amount of US$245,000, including about US$20,000 for accumulation and assembly. Silver Dragon paid US$25,000 aloft signing, with the antithesis due in 6 months. Silver Dragon and its aggregation of engineers performed due activity on the mill, and bent that all above pieces of accouterment were in accomplished condition. The comminute was originally complete in 2005, but never went into production. Management confused bound to access this comminute at a favorable amount if it became available.
Marc Hazout, President and CEO of Silver Dragon Resources Inc., commented, "The acquirement of this comminute will accredit the Company to abbreviate its expenditures in Mexico and abide its three-phase analysis affairs to accompany the Cerros las Minitas polymetallic acreage to a abounding achievability stage, in a appropriate address and with beneath basic expenditure."
Pictures of the floatation comminute will be accessible on our Website at www.silverdragonresources.com.
About Cerro las Minitas
Cerro las Minitas is comprised of 15 concessions accoutrement 1,413 Hectares. It is amid 68 kilometers northeast of the city-limits of Durango, Mexico and comprises the Cerro las Minitas mining district, allotment of the abounding argent belt of the Sierra Madre Occidental. Silver Dragon Resources Inc. through its wholly endemic Mexican Subsidiary Silver Dragon Mining de Mexico S.A. De C.V. acquired the analysis and mining rights to the acreage in March 2006.
About Silver Dragon Resources Inc.
Silver Dragon Resources Inc. (OTCBB:SDRG) is a mining and metal aggregation focused on the acquisition, exploration, development and operation of argent mines in accurate argent districts alone in China and Mexico. Silver Dragon's cold is to access argent mining assets that accommodate able analysis targets, and/or bearing backdrop with cogent beginning analysis potential. It is management's cold to abound Silver Dragon into a cogent argent ambassador by developing Cerros las Minitas in Mexico and the nine Erbahuo backdrop in China. With operations in Mexico, the world's arch ambassador of silver, and in China, the world's better chump of silver, Silver Dragon is able to participate in China's accretion appeal for silver. For added information, amuse appointment the Company's website.
Safe Harbor Statement beneath the Private Securities Litigation Reform Act of 1995
The statements absolute herein which are not historical, such as statements apropos the analysis and development of the Cerro las Minitas Silver Project, aftereffect and timing for the achievement of added assays and metal amounts in fractional appraisal results, are advanced statements. Forward analytic statements are statements that are not actual facts and are generally, but not always, articular by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and agnate expressions, or that contest or altitude "will," "would," "may," "can," "could" or "should" occur. Information accepted from the estimation of appraisal after-effects and advice apropos mineralization zones may aswell be accounted to be advanced analytic statements, as it constitutes a anticipation of what ability be begin to be present if and if a activity is in actuality developed. Forward-looking statements are accountable to risks and uncertainties that could could cause absolute after-effects to alter materially from those bidding in the advanced statements, including, but not bound to, assertive delays above the company's ascendancy with account to approaching appraisal results, delays in testing and appraisal of assays, and added risks abundant from time to time in the Company's filings with the Securities and Exchange Commission.
Silver Dragon Resources Inc.
(OTCBB:SDRG)
5160 Yonge Street
Suite 803
Toronto, Ontario
Canada M2N 6L9
Phone: 416-223-8500
info@silverdragonresources.com
www.silverdragonresources.com
Marc Hazout, President
Investor Relations:
Alex Motta
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