Earth Dragon Resources Announces Gold Project Joint Venture Agreement in Ghana

- January 18th, 2011

Earth Dragon Resources, Inc. (OTC:EARHD) announces the signing of a joint venture agreement with Netas Mining Company Ltd. to conduct operations on mineral concessions in Ghana

Earth Dragon Resources, Inc. (OTC:EARHD) announces the signing of a joint venture agreement with Netas Mining Company Ltd. to conduct operations on mineral concessions in Ghana.

The press release is quoted as saying:

As part of the agreement, Earth Dragon Resources shall commit a minimum of US$2 million over the next 2 years to earn a 20% ownership plus first right of refusal on all future claims to the prospect location. The prospect locations are known as the Nkwanta and Asuogya concessions and contain what is believed to be a highly prospective mineral deposit in the Ashanti Gold Belt of Ghana. The Ashanti Belt is one of the most prolific gold belts in the world with over 100 million proven ounces uncovered to-date and is host to some of the top mining companies in the industry.

Click here to access the entire press release

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