Asian Dragon Group Provides Update on Major Chinese Silver/Lead Project, Luoning

The infrastructure at the FGLW Property is exceptional and ready for fullexploration and production as there are good roads, electricity, and water.The FGLW Property includes a current 1.75km2 Mining License covering anortheast-southwest trend with a series of long veins. There are currently 10tunnels on the FGLW Property with 7 tunnels producing similar grades andminerals (including pockets of the galena type of deposits sold directly tosmelters) to the nearby Silvercorp and TLP Mines. It is expected that onceexploration and production commence on the FGLW Property, the market value ofAsian Dragon will rival that of Silvercorp. There are several 100 t/dconcentration mills operating nearby, ready to process ore from the FGLWProperty.

Asian Dragon's partner, FMDC, has taken control of the property and begunclearing out any illegal mining activities within the license permit area anda Chinese Government certified Geological Team has been commissioned to beginpreparing a full review of the property. The Geological Team has startedmapping the tunnels and compiling the technical data into a report. Thisreport will form the basis for the initial work program recommended by AsianDragon's Independent Qualified Person, Mr. Christian Derosier, P. Geo, as wellas the NI 43-101 compliant report also being prepared by Mr. Derosier.

Mr. Derosier visited and obtained grab samples from the FGLW Propertywhich were sampled and assayed at the CMA-Luoyang laboratory. Initial resultsfrom these samples are as follows:

        Au         Ag        Cu        Pb        Zn        g/T        g/T        %         %        %       0.38       1300.00     0.040     0.620     0.13       0.30       1665.00     0.200    13.820     0.18       0.12        108.00     0.470    14.310     0.45       0.13          90.1     0.022      1.06     0.27       0.06          90.2     0.084      10.5     0.21       0.23         322.0     0.029      17.7     0.31       0.13          44.9       0.35          41.6     0.110      6.11     1.22    

About Asian Dragon

Asian Dragon was established to focus on China's explosive precious andbase metals reserves and markets and to become one of China's largest foreignmetals producers through a series of joint ventures and mine and propertyacquisitions.

Long-standing relationships with the Gold Bureau and other ChinesePartners have provided Asian Dragon with the exclusive opportunity to commencedue-diligence on several advanced Chinese Mining Projects in one of theCountry's most well-known and prolific mineral production regions, theXiaoqinling Region.

Safe Harbor Statement under the Private Securities Litigation Reform Actof 1995: The statements contained herein which are not historical areforward-looking statements that are subject to risks and uncertainties thatcould cause actual results to differ materially from those expressed in theforward-looking statements, including, but not limited to, certain delaysbeyond the company's control with respect to market acceptance of newtechnologies or products, delays in testing and evaluation of products, andother risks detailed from time to time in the Company's filings with theSecurities and Exchange Commission.

For further information

Asian Dragon Group Inc. Investor Relations: MaxSioson, 604-338-6281