Asian Dragon Group Inc. Creates Asian Dragon Silver Inc. To Focus On Development of Prime Silver Properties

Asian Dragon Group Inc., (OTCBB: AADG) (Frankfurt: P2J1 WKN: A0KE7Z) is pleased to announce the creation of Asian Dragon Silver Inc., a subsidiary formed to focus solely on Asian Dragon’s XWG and FGLW silver property interests in China.

Asian Dragon Group Inc. will be issued 20.5 million common shares of Asian Dragon Silver Inc. in exchange for the transfer of rights to Asian Dragon Group Inc.’s exploration license interests in the Xiaowagou (“XWG”) and Luoning Xiayu Fanggelewan (“FGLW”) Silver Properties plus the USD $2,552,546 invested to date by Asian Dragon Group Inc. to secure those rights.

ADSI’s FGLW and XWG properties are located a mere kilometer away from and are adjacent to Silvercorp Metal’s Ying, HPG, LM and TLP properties. It is expected the mineralization found at Silvercorp’s properties is similar to that which may be found at ADSI’s FGLW and XWG properties. Silvercorp’s experience in China provides a solid roadmap which management believes ADSI can follow to explore the properties and is expected to reduce ADSI’s risk and speed the time required for ADSI to exploit the opportunities offered by these properties.

ADSI projects it will be releasing a current NI 43-101 (SEC Industry Guide 7 compliant) report on the XWG Property and a preliminary NI 43-101 (SEC Industry Guide 7 compliant) report on the FGLW Property shortly.

Chairman John Karlsson stated “The creation of Asian Dragon Silver Inc. was crucial to the success of both the subsidiary and its parent. Asian Dragon Silver now has the singular focus of completing exploration work on the two outstanding properties in order to get them into full production as soon as possible. The proximity and experience of Silvercorp gives us great confidence moving forward as their endeavours in this region have been a great success. We are convinced we too can create a winner here.”

About Asian Dragon

Asian Dragon was established to focus on China’s growing 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 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.

Contacts

Asian Dragon Group Inc.
Investor Relations:
Shams Patel
Auctus Communications Inc., 604-682-7446