quotes from SB-2
"Cerros las Minitas is comprised of 16 concessions covering 1,423 Hectares. It is located 68 kilometers northeast of the City of Durango, Mexico, and comprises the Cerro las Minitas mining district, part of the prolific silver belt of the Sierra Madre Occidental. An initial NI 43-101 report has been completed and concluded that the exploration done by Silver Dragon Mexico during 2006 indicates that the potential resources inferred there justify the cost of further exploration and development."
In 1995, Minas de Bacis (Minas de Bacis, 1995) completed a 30-day evaluation of Cerro Las Minitas which consisted of analysis of previous data, inspection of accessible workings and analysis of surficial geology. Based on that work, Minas de Bacis reported an inferred mineral resource of 1,296,000 metric tons grading 0.12 gr/ton gold, 102 gr/ton silver, 2.86% lead, 10.36% zinc and 0.15% copper. The data upon which that estimate was based have not been found and it can only be reported as an historical estimate. ((BY MY ANALYSIS, THIS RESOURCE WOULD BE WORTH AROUND $600 MILLION!))