Guardians of Gold Inc. ("GOG") (FRANKFURT:QGD) is pleased to announce that it
has acquired one million two hundred and fifty thousand (1,250,000) warrants of
Silver Dragon Resources Inc. ("SDRG")(OTCBB:SDRG) as of May 27, 2011. Each
warrant entitles GOG to purchase one common share of SDRG at a price of $0.50
USD per share at anytime on or before May 27, 2013. 


The parties have had ongoing discussions on GOG participating in the development
of SDRG's Sino-Top silver properties in China and also the Erbahuo Silver Mine
in China which SDRG operates through its wholly owned subsidiary, Chifeng Silver
Dragon. 


About Guardians of Gold Inc. 

GOG is a Canadian based mining company that is focused on exploring for precious
and base metals. GOG is focused on acquiring precious metal properties with
proven reserves through strategic joint ventures and property acquisitions. For
more information, please visit GOG's website at: www.guardiansofgold.com.


About Silver Dragon Resources Inc. 

Silver Dragon Resources Inc. is a mining and metals company focused on the
exploration, acquisition, development and operation of silver mines in proven
silver districts globally. Silver Dragon's objective is to acquire silver mining
assets that contain promising exploration targets, have highly leveraged,
out-of-the-money silver deposits, and/or are producing properties with
significant untapped exploration potential. It is management's objective to grow
Silver Dragon into a significant silver producer by developing the Cerros las
Minitas project in Mexico, its six Sino-Top properties in China (particularly
Dadi and Laopandao), and its Erbahuo Silver mine (via its Chifeng Silver Dragon
subsidiary), also in China. For more information, please visit the Company's
website at: www.silverdragonresources.com (now available in Chinese).


Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays beyond
the company's control with respect to market acceptance of new technologies or
products, delays in testing and evaluation of products, and other risks detailed
from time to time in the Company's filings.


Outstanding Shares: 40,136,000
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