TORONTO, Sept. 28, 2010 (GLOBE NEWSWIRE) -- Silver Dragon Resources Inc. (OTCBB:SDRG) is pleased to announce the appointment of Charles L. McAlpine to the Company's Board of Directors, as an independent member in accordance with U.S. and Canadian corporate governance and securities requirements.
Mr. McAlpine is a Chartered Accountant and a seasoned veteran with nearly 50 years experience at executive-level positions in the mining industry, most notably as a director of Hecla Mining, a major U.S. silver producer, from 1989 to 2007.
"Charles' appointment to the Board of Directors continues the Company's strategy of expanding its management experience and depth through the appointment of accomplished industry veterans," commented Marc Hazout, President and Chief Executive Officer of Silver Dragon Resources Inc. "This appointment represents an additional validation of the quality of Silver Dragon's assets, and a further step toward its goal of attaining a Toronto Stock Exchange listing."
Following this appointment, Silver Dragon's Board of Directors is made up of five directors. Mr. McAlpine is one of two independent directors.
About Silver Dragon
Silver Dragon Resources Inc. is a mining and metals company focused on the exploration, acquisition, development and operation of silver mines in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly leveraged, out-of-the-money silver deposits, or are producing properties with significant untapped exploration potential. Management's objective is to grow Silver Dragon into a significant silver producer by developing the Cerro las Minitas and Erbahuo projects in Mexico and China, respectively. For more information, please visit the Company's website at: .
The Silver Dragon Resources Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4242
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: general economic conditions and financial markets, changes in market prices of silver and other metals, technological and operational risks, and other risks set out in the Company's most recent Form 10-K available at .
CONTACT: Silver Dragon Resources Inc. Marc Hazout, President Alessandro Motta, Investor Relations (416) 223-8500 1-866-512-SDRG info@silverdragonresources.com