May 12, 2010 (FinancialWire) — Silver Dragon Resources Inc. (OTCBB: SDRG) said that the Mexican Federal Environmental Agency (SEMARNAT) has approved the environmental impact manifest for the company's Cerros las Minitas Silver Project in Durango, Mexico.

This approval enables the company to begin construction at the Cerros las Minitas silver mine.

"This is an important milestone for our Cerros las Minitas project us," said Marc Hazout, president and CEO of Silver Dragon Resources. "The approval of the MIA proves the project is environmentally feasible."

Cerros las Minitas is comprised of 15 concessions covering 1,413 Hectares. It is located 68 kilometers northeast of Durango, Mexico, and comprises the Cerros las Minitas mining district, part of the prolific silver belt of the Sierra Madre Occidental. Silver Dragon Resources Inc., through its wholly-owned Mexican Subsidiary Silver Dragon Mining de Mexico S.A. De C.V., acquired the exploration and mining rights to the property in March 2006.

Silver Dragon Resources Inc. (OTCBB: SDRG) is a mining company focused on the acquisition, exploration, development, and operation of silver mines in proven silver districts in China and Mexico.

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