Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Asian Dragon Group Inc. is Excited to Release Technical Report on the Shizhaigou Gold Mine as Its Project Luogold Surges Forward.


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 excited to release the Technical Report on its Shizhaigou Gold Mine. The Technical Report was prepared in accordance with National Instrument 43-101, and SEC Industry Guide No. 7 by C.D.G.C. Inc., a world renowned geology and mining company, based in Quebec, Canada.

The Technical Report highlights 17 known and evaluated heavily 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.
 veins on the property and indicates many more veins are expected to be discovered as exploration activity increases. In addition to excellent gold numbers, the veins also contain other valuable metals such as Silver, Copper, Lead and Zinc.

Testing on eight of the veins already indicate 8,056,250 tonnes of ore with an average gold grade of 6.35 g/T for gold totaling over 51 tonnes. More detail can be found on the table listed below:
[TABLE OMITTED]


Mr. Christian Derosier, P.Geo, President of C.D.G.C. Inc. and independent qualified person, is very impressed with the property. In the Technical Report, Mr. Derosier notes the property has merit for two primary reasons. One, the property has been in intermittent operations and mined profitably for many years. And two, the veins already discovered on the property show great potential as results demonstrate economical gold values from within the S-1 through S-17 veins.

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.

Longstanding relationships with the Gold Bureau have provided Asian Dragon with the exclusive opportunity to commence due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 29, 2007
Words:396
Previous Article:The First Episode of Showtime's Newest Original Series, The Tudors, is Now Available for Free Download from HandHeld Entertainment at ZVUE.com.
Next Article:CompleteAuto Forms Affiliate Partnership with Capital One Auto Finance. Compensation Agreement to Increase Revenues.
Topics:



Related Articles
Olympus Receives Mining Licence For Second Gold Mine At Phuoc Son.
Pearl Asian Mining Industries ''Operation Gold Finger'' April, 2005 Reports: XYZ Gold Project Showed an Estimated Ore Reserve of over 2.4 Million...
Manufacturing Of Gold Mining Equipment Completed and Shipped From China Today to Cagayan De Oro, Pearl Asian Mining Announces.
Pearl Asian Mining Reports That Gold Processing Equipment Has Arrived; Stockpiles of Gold Ores Ready for Processing and Road Development Continues.
Asian Dragon Signs New Agreement to Expand Its Presence in China's Gold Mining Industry.
Asian Dragon Group Inc., Reports on Mining and Exploration Operations at the Jinjishan Gold Mine.
Asian Dragon Group Inc. Continues to Expand Its Presence in China's Gold Mining Industry by Signing a New Agreement for Project Luogold.
312 Grams (10 Troy Ounces) Produced for the Month of January 2007, With Total Gold Inventory Now at 396 Grams (13 Ounces), Pearl Asian Mining...
Asian Dragon Group Inc.'s Project Luogold Receives 23 New Gold Projects and Full Endorsement by China Luoyang Gold Bureau.
Pearl Asian Mining Getting Nearer to Clinching an Agreement for a Rich Gold Prospect Adjacent to the Atlas Mining Company in Aroroy Gold Rush Area,...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles