---

Exhibit 10.14

Agreement on Amendment to the Joint Venture Contract of
Sanhe Sino-Top Resources & Technologies, Ltd.

In accordance with the Equity Transfer Agreement dated
July 4, 2008 by and between Silver Dragon Resources Inc. and Zhou Lin, the
meeting minutes of the meeting of Board of Directors approved on July 4, 2008
and the Law of the PRC on Chinese-Foreign Cooperative Joint Ventures and
the Detailed Rules of Implementation of the Law of the PRC on Chinese-Foreign
Cooperative Joint Ventures and other relevant laws and regulations, in the
principles of equality and reciprocity and through amicable negotiations, the
Chinese shareholders and the foreign shareholder--Silver Dragon Resources Inc.
of Sanhe Sino-Top Resources & Technologies, Ltd. hereby agree as follows:

|1. | The second paragraph of Chapter One General
      Principles in the Contract shall be modified and replaced by the
      following:                                                                                                                                                                                                                                                                                                                                                                     
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   | In accordance with the Law of the PRC on
      Chinese-Foreign Cooperative Joint Venturesand other relevant laws and
      regulations, and the Equity Transfer Agreementdated July 4, 2008
      by and between Silver Dragon Resources Inc. and Zhou Lin and the meeting
      minutes of the meeting of Board of Directors approved on July 4, 2008, in
      the principles of equality and reciprocity and through amicable
      negotiations, the Parties hereby enter into and make this Contract:
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|2. | The Article 4.3 of Article 4 Registered Capital and
      Total Investment in the original contract shall be modified and replaced
      by the following:                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   | Party B has made payment of its subscribed capital
      contribution of USD 3,272,690 and the remaining capital contribution (the
      Remaining Contribution) is USD 1,727,310.                                                                                                                                                                                                                                                                                                                      
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   | The Remaining Contribution shall be made by Party B and
      Zhou Lin as follows:                                                                                                                                                                                                                                                                                                                                                                                                                        

| | (a) | Party B contributes USD 1,000,000 of the Remaining
      Contribution prior to July 30, 2009;                                                                                                      
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                    
| | (b) | In respect to the rest of the Remaining Contribution (USD
      727,310), Party B contributes USD 323,250 prior to July 30, 2009 and Zhou
      Lin contributes USD 404,060 prior to July 30, 2009.

|3. | The Article 4.4 of Article 4 Registered Capital and
      Total Investment in the original contract shall be modified and replaced
      by the following:
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                             
|   | The shareholding of the Parties in the CJV shall be as
      follows:                                                                                       
|   |                                                                                                                                                             
|   | Party A: 60%                                                                                                                                                

---

Party B: 40%

The shareholding of each member of
Party A shall be as follows:

Zhou Lin
    58.8%Shi Zhongmei
    0.4%Yang Guofu
    0.4%Zhang Hongliang
    0.2%Yang Wen
    0.2%


|4. | The Article 7.1 of Article 7 Board of Directors in
      the original contract shall be modified and replaced by the following:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|   | The board of directors is composed of 5 directors, of
      which 3 shall be appointed by major shareholders of Sino-Top (its
      definition follows), 2 by SDRI. The name list of directors is in Appendix
      7.1. In the event a member appointed by a party resigns, or is removed by
      the party that appointed him, such party shall designate his successor.
      The term of office for the directors is three years in principle; a
      director can only be removed by the appointing party. During the term of
      office, unless in cases of resignation, misfeasance, malfeasance, or other
      misconduct that prevents the director to perform, any change of the
      directors appointed by SDRI or the major shareholders of Sino-Top shall be
      made with prior consent from the other party. All parties to this Contract
      shall vote about their shareholders rights by ballots, in written form or
      other forms that are stipulated by laws and regulations or this Contract.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|5. | The Sub-Article (b) under Article 9.1 of Article 9
      Profit Distribution in the original contract shall be modified and
      replaced by the following:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

| | (b) | the remaining profits shall be, in accordance with the
      resolution of Board of Directors, distributed to Party A and Party B
      respectively in proportion of 60% and 40%, and the distribution among
      Party A (Sino-Top shareholders) shall be as follows:
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Zhou Lin
    58.8%Shi Zhongmei
    0.4%Yang Guofu
    0.4%Zhang Hongliang
    0.2%Yang Wen
    0.2%


|6. | The Sub-Article (c) under Article 13.2 of Article 13
      Dissolution of Company in the original contract shall be modified and
      replaced by the following:
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | the remainder shall be, respectively, distributed to
      Party A and Party B in proportion of 60% and 40%, and the distribution
      among Party A (Sino-Top shareholders) shall be as follows:
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

---

Zhou Lin
    58.8%Shi Zhongmei
    0.4%Yang Guofu
    0.4%Zhang Hongliang
    0.2%Yang Wen
    0.2%


Attachment: Appendix 7.1 of the original contract shall be
amended in accordance with the current situation of the company. Other
appendixes remain effective.

(The next page is the signature page.)

---

IN WITNESS WHEREOF, the Parties hereto have executed and
delivered this Agreement.

Silver Dragon Resources Inc.

By: /s/Marc HazoutMarc Hazout, President

Sino-Top Shareholders

Zhou Lin (Signature): /s/Zhou Lin

Shi Zhongmei (Signature): /s/Shi Zhongmei

Zhang Hongliang (Signature): /s/Zhang Hongliang

Yang Wen (Signature): /s/Yang Wen

Yang Guofu (Signature): /s/Yang Guofu

Execution Date: July 4, 2008

---