Monday, June 18, 2007

Silver Dragon Discovers New Mineralized Chimney At Cerro Las Minitas Silver Project, Durango, Mexico...

TORONTO, June 18, 2007 (PRIME NEWSWIRE) -- Silver Dragon Resources Inc. (OTCBB:SDRG) is pleased to announce the discovery of a new mineralized chimney at Cerro Las Minitas, the Company's Silver Project in Durango, Mexico. The new chimney discovery, which has been named Esperanza, has been cut by three diamond drill holes, LM-17, LM-18, and LM-20.


Drill Holes LM-17 and LM-18 intersected margins of the chimney body returning 17.85 and 15 meter intersections, respectively, containing lead (Pb) and zinc (Zn) mineral sulfides. Based on information from these drill holes, a third drill hole, LM-20, was drilled to intercept the estimated center of the chimney body. Accordingly, drill hole LM-20 intercepted 100 meters of mineralization, including 70 meters of continuous lead (Pb) and zinc (Zn) sulfides.

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