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SDR Stroud Resources Ltd

0.105
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stroud Resources Ltd TSXV:SDR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.105 0.075 0.09 0 19:52:36

Stroud Intersects 220.24(g/t) Silver, 0.63(g/t) Gold and 1.77% Zinc Over 15.0 Metres

07/04/2008 1:16pm

Marketwired Canada


Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud") is pleased to announce
results from three additional drill holes in its current drill program at the
Santo Domingo project in Central Mexico.


DDH-17 intersected a mineralized zone grading 140.13(g/t) silver, 0.54(g/t)
gold, 0.57% lead and 0.93% zinc over 38.11 metres, including 24.39 metres of
172.95(g/t) silver, 0.50(g/t) gold, 0.8% lead and 1.18% zinc and 15.0 metres of
220.24(g/t) silver and 0.63(g/t) gold with 1.11% lead and 1.77% zinc, for a
silver equivalent(1) of 253.25(g/t).


DDH-18 intersected a rich gold zone that assayed 11.82(g/t) gold over 3.05
metres and 74.11(g/t) silver with 2.42% zinc and 0.311% lead, for a silver
equivalent of 693.36(g/t).


DDH-19 intersected a mineralized zone grading 151.25(g/t) silver and 0.62(g/t)
gold, 0.62% zinc and 0.51% lead over 19.80 metres for a silver equivalent of
183.73(g/t). Included in the intersection was 9.10 metres of 227.19(g/t) silver
and 1.17(g/t) gold with 1.09 % zinc and 0.99% lead, for a silver equivalent of
288.49(g/t).




----------------------------------------------------------------------------
          Hole   Depth  Depth  Length  Silver   Gold     Pb   Zn     Silver
                  from     to      (m)   (g/t)  (g/t)     %    % Equivalent
                    (m)    (m)                                         (g/t)
----------------------------------------------------------------------------
Guadalupe DDH-17 59.91  89.02   38.11  140.13   0.54   0.57 0.93     168.42
structure
----------------------------------------------------------------------------
         (incl)  61.58  85.97   24.39  172.95   0.50   0.80 1.18     199.15
----------------------------------------------------------------------------
         (incl)  66.40  81.40    15.0  220.24   0.63   1.11 1.77     253.25
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Rayas
structure DDH-18 14.33  17.38    3.05   74.11  11.82  0.311 2.42     693.36
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Rayas
structure DDH-19  5.20   25.0   19.80  151.25   0.62   0.51 0.62     183.73
----------------------------------------------------------------------------
         (incl)   5.20   14.3    9.10  227.19   1.17   0.98 1.09     288.49
----------------------------------------------------------------------------
(1) Only silver and gold metal prices were used to calculate the silver
    equivalent. The following prices were used; Silver USD17.18 an ounce,
    gold USD900 an ounce. The widths above are drill intercepts and not true
    widths. True widths to be determined.



Drilling continues to intersect wide structures that contain good silver and
gold values. Within these mineralized structures some zones contain greater than
2% combined lead zinc. Stroud is currently waiting for assays on six additional
drill holes.


A map of the Santo Domingo-Mexico Silver-Gold Property is available at the
following web link: http://media3.marketwire.com/docs/sdr0407fig1.pdf.


The drill core sampling program includes the use of tamper proof sample bags,
10% blanks and certified standard reference samples. The drill core is sawed in
half, with one half sent out for assay and the other half stored in Stroud's
secure facility. The samples are subjected to full sample preparation followed
by a 30 g fire assay with a gravimetric finish. George Coburn PGeo., President
and CEO of Stroud Resources Ltd. is the qualified person within the meaning of
National Instrument 43-101 for the project, and has prepared or supervised the
preparation of all scientific and technical data contained in this news release,
including sampling, analytical and test data. Analytical work is performed by
ALS Chemex of Vancouver, BC, (ISO 9001 Certified assayer).


Stroud is a debt-free exploration company focused on the discovery and
exploration of silver and gold deposits in Mexico and Ontario. Stroud owns a
100% interest in the Santo Domingo epithermal silver-gold project in central
Mexico. In addition to the Santo Domingo project, Stroud's assets include 100%
interests in the Hislop gold property, near Timmins, Ontario and the Leckie gold
property, near North Bay, Ontario. Stroud also generates cash flow from a 3.75%
interest in six natural gas, and natural gas condensate wells in central
Alberta.


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