Asian Dragon Group Inc. Finalizes First Deal on World-Renowned China Tieluping Silver and Lead Mine, Opening Door to 200,000,000 oz+ Silver Equivalent Deposit.LUOYANG, China -- Asian Dragon Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AADG AADG Association Amis De Georges ) (FWB (Fixed Wireless Broadband) See fixed wireless. :P2J1) (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) :A0KE7Z) is pleased to report that it has completed successful negotiations to joint venture on two major tunnels of the Tieluping ("TLP TLP Tension Leg Platform TLP Thread-Level Parallelism TLP Transactional License Program (Adobe software license program) TLP Transitional Living Program TLP The Learning Partnership TLP Transmission Level Point TLP Tanzania Labor Party ") Silver and Lead Mine with its local Chinese Partner. Asian Dragon has the right to acquire the leases of these producing mines receiving the immediate cash flow generated from their ongoing operations, full details to be made available shortly. The TLP Silver and Lead Mine is located in a world-renowned region for galena galena (gəlē`nə) or lead glance, lustrous, blue-gray mineral crystallizing usually in cubes, sometimes in octahedrons. It is the most important ore and the principal source of lead. high-grade silver/lead type deposits. It is located directly adjacent to TSX-Listed Silvercorp Metals Inc's successful Ying Silver Project in Henan Province. According to Chinese resource standards, the multiple rich vein deposits of the TLP Silver and Lead Mine, located between 1140m down to 700m above sea level, the first of Asian Dragon's acquisitions in the enormous TLP Deposit, claim a current indicated resource of 1061.69 tonnes of contained silver and approximately 200,000 tonnes of contained lead, with reported grades averaging 292 g/t Ag and 3% Pb. Asian Dragon is extremely excited to have acquired these producing lease sections and plans to become a major operator within the TLP property, with initial discussions ongoing to expand its presence further into the majorly ma·jor·ly adv. Slang To a great or an intense degree; extremely: got majorly depressed when she saw her test scores. untouched and key deposit zones descending from 700m to 500m above sea level. These initial and further acquisitions open the door to exclusivity on 200,000,000 oz+ of Silver equivalent deposits and are another significant step forward for Asian Dragon as it continues its growth in China's precious and base metal industries. About Asian Dragon Asian Dragon was established to focus on China's explosive precious metals 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. 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. Safe Harbor 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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