SOURCE: Earth Dragon Resources Inc.

Earth Dragon Resources Inc.

February 10, 2011 07:00 ET

Earth Dragon Resources Provides Additional Assay Results From Ghana Gold Project

TOKYO--(Marketwire - February 10, 2011) - Earth Dragon Resources, Inc. (OTCBB: EARH) ("Earth Dragon," or the "Company") today wishes to announce additional assay data recently acquired from joint venture partner Netas Mining Company Limited ("Netas Mining") in regards to the Nkwanta gold mining project in Ghana.

As previously announced, a total of 309 grab and channel samples and 290 auger samples mostly from within or near to the historic workings at the Golden Arrow, Chief, D10, Little D10, Scorpion and Ankobra quartz veins were collected during 2010 and sent for fire assay analysis at Intertek Laboratory in Tarkwa, Ghana. Initial results from the Golden Arrow vein were reported in a Company release on February 8th as very favorable and results from the Chief and D10 veins have now also proven encouraging with the added data enlarging the area of known mineralization confirmed prospective for gold.

The Chief vein is about 150 meters long and trends and dips in the same directions as the Golden Arrow although is somewhat smaller in width (averaging 0.40 meters). Its pinches and swells along strike with gold values from the grab samples (a total of 86 samples taken) offering up to 163.56 ppm (163.56 g/t) and with a number of samples ranging from 6ppm to 30 ppm.

Highlighted Samples:

Sample  Vein Au ppm
D14 Chief 6.720
D16 Chief 25.215
D23 Chief 11.335
D26 Chief 33.625
D28 Chief 8.665
D55 Chief 6.650
D59 Chief 6.000
D66 Chief 12.785
D71 Chief 14.290
D72 Chief 28.930
D73 Chief 12.980
D109 Chief 15.970
D110 Chief 5.590
D112 Chief 16.870
D113 Chief 42.170
D151 Chief 163.560

The D10 vein has the same characteristics as the Chief vein though is shorter in length at about 60 meters. Gold values from the grab samples (a total of 131 taken) resulted in a number of samples ranging from 10 to 30 ppm and include a sample of 110.79 ppm Au (110.79 g/t).

Highlighted Samples:

Sample  Vein Au ppm
D10 D10 23.945
D11 D10 10.610
D53 D10 55.395
D77 D10 20.930
D79 D10 7.810
D80 D10 7.460
D86 D10 27.000
D87 D10 13.710
D99 D10 15.765
D102 D10 10.560
D131 D10 11.950
D132 D10 11.810
D133 D10 20.330
D134 D10 9.705
D136 D10 11.380
141518 D10 15.740
141522 D10 27.070
141525 D10 10.800
141528 D10 36.550
141535 D10 110.790
141539 D10 11.460
141540 D10 18.300
141541 D10 10.710
141542 D10 11.600
141543 D10 17.400
141544 D10 14.730
141545 D10 13.680
141546 D10 15.080
141547 D10 10.130
141548 D10 11.290
141549 D10 10.510
141552 D10 14.860
141561 D10 9.690
141564 D10 12.620
167400 D10 South 25.420
167836 D10 South 65.880
167841 D10 South 10.830

The Nkwanta concession is located in the Tarkwa-Nsuaem Municipality in the Western Region of Ghana and was historically explored and exploited for gold in a limited manner over the past 80 years. New efforts commenced in late 2009 and included re-cutting of the previous geochemical soil gridlines for ground geophysical surveys plus drilling and sampling of abandoned underground workings and pits. The current development program is aimed at extending exploratory knowledge of the underlying geology in order to position the project for eventual commercial production.

Additional details regarding the Company, its business and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

ABOUT EARTH DRAGON RESOURCES, INC. (OTCBB: EARH)
Earth Dragon Resources is a mineral exploration company with a strategic focus on the purchase and development of high quality production-stage gold projects in Africa. The Company is currently developing highly prospective gold deposits in the Ashanti Gold Belt of Ghana and the Lupa Goldfield in the Chunya Mining District of Tanzania with plans to expand ongoing exploration and mapping efforts to include pilot plant production. For more information visit: www.earthdragonresources.com.

Notice Regarding Forward-Looking Statements
Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD

Earth Dragon Resources, Inc.
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Thomas W. Herdman, President & CEO

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