Earth Dragon Resources Inc. EARH Archives

ThursdayMar 24, 2011 12:23 pm

Earth Dragon Resources, Inc. (EARH) to Potentially Measure Gold by the Ton in Tanzania

It’s hard to imagine a more classic representative of Africa, once called the mysterious continent, than Tanzania. Located on Africa’s southeast shore of the Indian Ocean, Tanzania is the home of Mount Kilimanjaro and Lake Victoria, the long sought source of the Nile River. The country has long been known for magnificent scenery and for having one of the largest concentrations of wild animals in the world, but it is now becoming known for something else. Tanzania is one of the world’s fastest emerging gold producers, and is already the third largest producer of gold in all of Africa. For…

FridayMar 18, 2011 11:22 am

Earth Dragon Resources (EARH) Finds Gold in Ghana

For decades, the word “gold” has pointed to one country, South Africa. It wasn’t only the biggest gold producer in Africa, it was the biggest gold producer in the world. There was a time not that long ago when as much as 2/3 of the world’s gold came from South Africa. No more. South African gold production has plummeted to less than a quarter of what it was in 1970, and world output is now spread among many countries. Even on its home continent, South Africa’s golden crown is being challenged. The main contender is now Ghana, where gold production…

MondayMar 14, 2011 9:03 am

Uncertain Times Boost Earth Dragon Resources (EARH)

The recent catastrophe in Japan has again brought home the critical role of gold in the global economy. Historically, no single investment has played the role of safe haven in uncertain times more than gold, and uncertainty is, to one degree or another, ever-present. Gold has been seen as an especially powerful hedge since 2001. In the past 10 years, gold prices have roughly quadrupled, and the addition of events in Japan to the already volatile world political and economic situation assures continued upward pressure. Investing in gold exploration and mining companies has been seen as an inexpensive way of…

TuesdayMar 08, 2011 4:49 pm

Earth Dragon Resources, Inc. (EARH) to Issue 3:1 Stock Dividend

Today after the closing bell, Earth Dragon Resources, Inc. announced that its Board of Directors have approved a 3:1 stock dividend of the Company's common stock following the results of an encouraging fiscal 3rd quarter. Shareholders of EARH stock on the closing date of April 8th are entitled to the dividend payment. The Company has set a payable date of April 15th, 2011. Earth Dragon Resources, Inc. is an exploration stage company focused on acquiring, exploring and developing mining properties. Currently, the company is developing gold deposits in the Ashanti Gold Belt in Ghana and the Lupa Goldfield in Tanzania.…

TuesdayMar 08, 2011 9:30 am

Gold Prices Hit Record Highs as Ongoing Geopolitical Events Drive Rally; Earth Dragon Resources, Inc. (EARH.OB) Poised to Benefit

Gold prices have risen to record heights for the third time in a week, supporting Earth Dragon Resources, Inc. belief that the ceiling is potentially much higher yet. Gold futures for April delivery settled at US$1,434.50 at 1:32 p.m. on the Comex in New York yesterday. Last week, the metal climbed 1.4 percent, extending the rally to six weeks, the longest since September 2007. Because the Earth Dragon's economic model was predicated on gold prices in the US$1200/oz range, the company is in an increasingly advantageous position to capitalize on the record high prices. The company's ability and motivation to…

MondayMar 07, 2011 12:53 pm

Earth Dragon Resources (EARH.OB) Set to Turn Gold Into Earnings

The stated mission of Earth Dragon Resources is to purchase, develop, and produce high quality end-stage gold projects. Its current focus is in Africa, where it aims to progress from advanced exploration to early stage production of gold properties it already has in Ghana and Tanzania. Africa is the world’s largest source of gold, with South Africa being the continent’s leading producer. Ghana is the second largest gold producing nation in Africa, with Tanzania, one of the fastest emerging gold producers, now the third. In Ghana, Earth Dragon has identified an area of mineralized quartz veins averaging 1 meter in…

MondayMar 07, 2011 10:35 am

Beacon Equity Research Featured Company: Earth Dragon Resources, Inc. (EARH.OB)

Earth Dragon Resources, Inc. is an exploration stage company focused on acquiring, exploring and developing mining properties. Currently, the company is developing gold deposits in the Ashanti Gold Belt in Ghana and the Lupa Goldfield in Tanzania. Earth Dragon has significant international potential due to the robust demand from the gold market. In Ghana, the company has identified an area of mineralized quartz veins averaging 1 meter in thickness, and a shear zone as wide as 10 meters striking SW-NE for about 700m in a series of sub-parallel structures approximately 500m apart. Presently, 35 people are excavating and sampling gold…

WednesdayMar 02, 2011 8:23 am

Earth Dragon Resources, Inc. (EARH.OB) Commissions New Technical Study of Chisu Gold Project, Tanzania

Earth Dragon Resources, Inc. today provided an update to investors regarding efforts underway at the Company's Chisu Gold Project ("Chisu") in Tanzania, Africa. According to the release, the company has engaged an independent contractor to develop a current National Instrument (N.I.) 43-101 compliant engineering report for the joint venture gold property. Earth Dragon recently disclosed a previously published report commissioned by a third party in 2009 which provided invaluable data that has greatly assisted in the determination of overall viability. Containing significant and highly encouraging data, the report included details of previous regional efforts by Barrick Exploration Africa during 2000.…

TuesdayMar 01, 2011 12:40 pm

Earth Dragon Resources Inc. (EARH.OB) Finds Gold in Diversity

The seemingly insatiable global demand for gold has had the effect of bringing together people with diverse talents from around the world, all in the expanding search for the increasingly valuable yellow metal. It has also led to the diversification of locations explored. A case in point is Earth Dragon Resources, a gold exploration and development company. The company is based in Tokyo, but is currently looking for gold in Africa, specifically in Ghana and Tanzania. In addition, the management of the company comes from both Japan and the U.S. Still more diversity is seen in the varied backgrounds of…

FridayFeb 25, 2011 8:39 am

Earth Dragon Resources, Inc. (EARH.OB) is “One to Watch”

Earth Dragon Resources, Inc. (EARH) is an exploration stage company focused on acquiring, exploring and developing mining properties. Currently, the company is developing gold deposits in the Ashanti Gold Belt in Ghana and the Lupa Goldfield in Tanzania. Earth Dragon has significant international potential due to the robust demand from the gold market. In Ghana, the company has identified an area of mineralized quartz veins averaging 1 meter in thickness, and a shear zone as wide as 10 meters striking SW-NE for about 700m in a series of sub-parallel structures approximately 500m apart. Presently, 35 people are excavating and sampling…

Site Search

Company Search

Tag: Earth Dragon Resources Inc. EARH