Asian Dragon Group Inc., Releases Consolidated Geological Results From Jinjishan and Shizhaigou Mines Indicating Over 8 Million Potential Ounces of Gold.LUOYANG, China -- Asian Dragon Group Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AADG AADG Association Amis De Georges ) (Frankfurt:P2J1) (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) :A0KE7Z) is excited to commence 2007 with local consolidated geological results from Asian Dragon's Jinjishan and Shizhaigou Mines, the first two properties in Project Luogold, which indicate over 8 million potential ounces of gold. Asian Dragon has commenced initial work programs on the Jinjishan and Shizhaigou Gold Mines, both located between the major mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. belts of Qinling and Xiaoshan, which border south Xiaoshan and the Luohe River. To date the drilling has reached numerous heavily mineralized zones and documented veins. Asian Dragon representatives have concluded meetings with local Chinese geological experts with hopes to confirm the local geological reports showing a combined +25 major gold veins with over 2.4 million proven gold ounces, 3.6 million probable ounces and over 8 million potential ounces. Samples obtained by Mr. Christian Derosier, P.Geo, President of CDGC Inc., a world renowned geology and mining consultant and Asian Dragon's recently appointed Independent Qualified Person, have been submitted to the Chemex Laboratory in North Vancouver North Vancouver, city (1991 pop. 38,436), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver, of which it is a suburb. Shipbuilding, woodworking, and the shipping of grain, lumber, and ore are the chief industries. , Canada, for further testing and results are expected soon. About Asian Dragon Asian Dragon was established to focus on China's explosive precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. reserves and markets and to become one of China's largest foreign gold and precious metals producers through a series of joint ventures and mine and property acquisitions. Key relationships in China are enabling Asian Dragon to capture business opportunities as the Chinese Government continues to privatize many of their industries, enabling local and foreign investment to fill the void left by the Government ministries. Asian Dragon takes advantage of an identified niche opportunity in the Gold Mining Industry of China, where the Chinese Government has withdrawn the military from Gold Mining and set up the Gold Bureau to continue Gold Mining on an international scale. Long standing relationships with the Gold Bureau have provided Asian Dragon with the exclusive opportunity to commence due-diligence on several advanced Chinese Gold Mining Projects in one of the Country's most well-known and prolific mineral production regions, the Xiaoqinling Region, where hundreds of small and dozens of medium to large mines are actively mining gold and various other precious metals and minerals. Earlier companies which acquired smaller advanced mining projects have since proven out positively and have succeeded in turning themselves into billion dollar market-cap opportunities. Two recent examples are Hong Kong listed Lingbao Gold Co. and Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. listed Silvercorp Metal Inc. both of which have major projects in the Xiaoqinling Region. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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