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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 359.47(g/t) Silver 1.63(g/t) Gold Over 4.55 Metres on its Santo Domingo Project in Mexico

29/04/2008 1:38pm

Marketwired Canada


Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud") is pleased to announce
results from its three most recent drill holes in its current drill programme at
the Santo Domingo Project in Central Mexico. Diamond drill hole DDH-20
intersected a mineralized zone grading 170.63(g/t) silver, 1.25(g/t) gold over
19.8 metres, for a silver equivalent(i) of 235.63(g/t) including 7.6 metres of
289.56(g/t) silver, 2.83(g/t) gold and 1.12% zinc, for a silver equivalent(i) of
436.7(g/t).


DDH-21 drilled on the same section as DDH-20 and DDH-19, intersected 13.75
metres of 143.64(g/t) silver and 0.73(g/t) gold for a silver equivalent(i) of
181.54(g/t), including 359.47(g/t) silver and 1.63(g/t) gold for a silver
equivalent(i) of 444.23(g/t).


DDH-22 was also drilled on the same section at a -6 degrees dip, and intersected
54.4 metres of 52.56(g/t) silver, 0.38(g/t) gold for a silver equivalent(i) of
72.32(g/t) including 23.4 metres of 96.73(g/t) silver and 0.63(g/t) gold, for a
silver equivalent(i) of 129.49(g/t) and including 202.91(g/t) silver and
1.32(g/t) gold over 6.8 metres for a silver equivalent(i) of 271.55(g/t).




--------------------------------------------------------------------------
Struc-  Hole   Depth   Depth  Length  Silver  Gold     Pb%    Zn%   Silver
 ture           From      To      (m)   (g/t) (g/t)                Equiva-
                  (m)     (m)                                       lent(i)
--------------------------------------------------------------------------
Rayas   DDH-     5.2    25.0    19.8  170.63  1.25   0.31   0.64    235.63
          20
--------------------------------------------------------------------------
       (incl)    5.2    12.8     7.6  289.56  2.83   0.55   1.12    436.76
--------------------------------------------------------------------------
       (incl)  20.45    25.0    4.55  220.46  0.45   0.32   0.46    243.86
--------------------------------------------------------------------------

--------------------------------------------------------------------------
Rayas   DDH-    9.75   23.50   13.75  143.64  0.73   0.18   0.37    181.54
          21
--------------------------------------------------------------------------
       (incl)  11.30   15.85    4.55  359.47  1.63   0.37   0.69    444.23
--------------------------------------------------------------------------
               47.85   49.40    1.55  142.00  2.21   0.07   0.07    256.92
--------------------------------------------------------------------------
               64.80   66.30    1.50   64.00  0.49   0.07   0.07     89.48
--------------------------------------------------------------------------

--------------------------------------------------------------------------
Rayas   DDH-     6.2    60.6    54.4   52.56  0.38   0.09   0.25     72.32
          22
--------------------------------------------------------------------------
       (incl)    6.2    29.6    23.4   96.73  0.63   0.18   0.48    129.49
--------------------------------------------------------------------------
       (incl)    6.7    13.5     6.8  202.91  1.32   0.26   0.89    271.55
--------------------------------------------------------------------------
                49.4    60.6    11.2   31.27  0.27   0.04   0.06     45.31
--------------------------------------------------------------------------

(i) Only silver and gold metal prices used to calculate silver equivalent.
    The following prices were used: silver USD$16.75 an ounce, gold USD$890
    an ounce.

    The widths above are not true widths. True widths to be determined.



The holes were drilled on section 5380 on the Rayas structure and intersected
wide zones of good grade silver mineralization and higher than normal gold
values. Mr. George Coburn President of Stroud, stated he was very pleased with
ongoing drilling results which demonstrated that the mineralized structure
showed good continuity down dip, as well as along strike (from the section
drilled further south). The Rayas system is at least 600 metres in length and
mineralized sections up to 125 metres have been encountered in drill holes to
date.


The Company is currently waiting for assays from an additional three holes.

To view the Santo Domingo-Mexico Silver-Gold Property, please visit the
following link: http://media3.marketwire.com/docs/stroudmap.pdf.


The drill core sampling program includes onsite supervision of sampling by Dr.
Derek McBride, 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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