SOURCE: Earth Dragon Resources, Inc.

Earth Dragon Resources, Inc.

February 14, 2011 06:00 ET

Earth Dragon Resources Reviews Balance of Nkwanta Gold Project, Ghana

TOKYO--(Marketwire - February 14, 2011) - Earth Dragon Resources, Inc. (OTCBB: EARH) ("Earth Dragon," or the "Company") is pleased to provide additional information regarding a series of assay results recently provided by Netas Mining Company Limited ("Netas Mining") in regards to the Nkwanta joint venture gold mining project in Ghana.

As previously announced, underground workings at the concession were examined with a total of 309 grab and channel samples and 290 auger samples collected during 2010. The previously announced results from the Golden Arrow, Chief and D10 veins have proven highly favorable with numerous selected gold assays ranging from 50-200 ppm and with at least one instance reaching 1,579 ppm (1,579 g/t). Preliminary information regarding the lesser veins on the concession has now been reviewed and made available for public disclosure.

The Little D10 prospect offers similar characteristics to the Chief vein, but is shorter in length with gold values from the grab samples (5 samples taken) returning results ranging from 0.50 ppm to 11.215 ppm (0.50 g/t to 11.215 g/t). The Scorpion vein is not currently well defined and out of a total of 9 grab samples returned values ranging from less than 0.01 ppm to 2.54 ppm ( < 0.01 g/t to 2.54 g/t). Lastly, the Ankobra vein returned grab samples (5 samples taken) with results ranging from less than 0.01 ppm to 1.49 ppm Au (0.01 g/t to 1.49 g/t).

Selected Key Samples:

Sample    Vein   Au ppm
D141   Little D 10   11.215
D142   Little D 10   3.350
D143   Little D 10   4.500
D144   Little D 10   0.500
D145   Little D 10   3.550
D49   Scorpion   2.540
D93   Scorpion   0.050
D5   Ankobra   0.030
D6   Ankobra   0.120
D8   Ankobra   1.490

While the gold values from these three veins are lower than those found elsewhere on the concession, they are surface samples and significant in that they provide excellent data and trend indicators that require further study and exploration in order to determine the size and nature of area mineralization. Given the high values found elsewhere on the concession, a drill program is under serious consideration for 2011.

Company President & CEO Thomas Herdman comments, "This survey examined some very interesting surface anomalies that are markedly prospective for gold. Given their near proximity and possible relationship to the other higher grade veins on the concession, a drilling program is clearly warranted and we believe could well lead to further significant discoveries."

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 the current development program is aimed at extending exploratory knowledge of the underlying geology in order to position the project for the near term construction of a pilot production facility aimed at the eventual development of commercial mining.

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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