St Andrew Goldfields Ord STADF

SDR

[moe4]

STROUD RESOURCES LTD Stroud Intersects 7.01 (g/t) Gold Over 2.6 Metres at the Hislop Project 8/2/2007 TORONTO, ONTARIO, Aug 02, 2007 (MARKET WIRE via COMTEX News Network) -- Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud" or the "Company") is pleased to report the assay results of the final holes drilled in its recently completed 8,000 metre drilling programme at its 100% owned Hislop project near Timmins, Ontario. Drill hole 278 intersected 7.01 (g/t) gold over 2.6 metres. This drill hole correlates with drill hole 82, which is 150 metres "up dip" (toward the surface). Drill hole 277 intersected 7.87 (g/t) gold over 1.34 metres and can be correlated with drill hole 13 which is 250 "up dip" and East of the Diabase dyke. Drill holes 271 to 275 were drilled to test the mineralization East of the Diabase dyke. The results of the current drilling program will be evaluated to determine the next step in advancing the Hislop Project. -----------------------------------------------------------------------Section Hole Depth from (m) Depth to (m) Length (m) Gold (g/t)-----------------------------------------------------------------------3800 271 153.35 154.65 1.3 1.75-----------------------------------------------------------------------3855 272 22.6 23.5 0.9 5.82----------------------------------------------------------------------- 25.93 26.7 0.77 3.13-----------------------------------------------------------------------3800 273 N.S.A(i)-----------------------------------------------------------------------3880 274 195.0 197.05 2.5 2.03-----------------------------------------------------------------------3880 275 111.5 112.08 0.58 2.58-----------------------------------------------------------------------3800 276 N.S.A(i)-----------------------------------------------------------------------3750 277 259.3 260.64 1.34 7.87-----------------------------------------------------------------------3724 278 291.4 294.0 2.6 7.01----------------------------------------------------------------------- Incl. 291.4 292.6 1.2 11.55-----------------------------------------------------------------------The widths above are drill intercepts and not true widths.(i)N.S.A. equals No significant assays The recent drilling program discovered new gold zones and a number of deep mineralized intersections on the Hislop Property (greater than 400 metres of depth).A recalculation of the resources is required using data from the current drilling program and historical data. While it is uncertain that future exploration will result in additional resources being discovered the continuity of the gold zones located on the Hislop Property indicates that it is likely that a number of these gold zones will continue at depth. To view a copy of the "Hislop Gold Project", please visit the link below: https://www.ccnmatthews.com/docs/sdrmap802.pdf The drill core sampling program includes the use of 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 50g fire assay with a gravimetric finish. George Coburn P.Geo., President and CEO of Stroud Resources Ltd. is the qualified person within the meaning of National Instrument 43-101 for the project and has verified the data contained in this news release, including sampling, analytical and test data. Analytical work is performed by ALS Chemex (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 recently acquired an option on the Santa Cruz Silver Gold property in Mexico containing high grade silver, (view June 14, 2007 press release for details). Stroud also generates cash flow from a 3.75% interest in six natural gas and natural gas condensate wells in central Alberta. Stroud's corporate goal is to create a mineral based company with projects that are characterized as world-class in status and with the potential for near-term production. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Contacts: Stroud Resources Ltd. Mr. George Coburn President and CEO [phone] Email: [e-mail] Stroud Resources Ltd. Mr. Paul Coburn Investor Relations [phone] Email: [e-mail] Website: www.stroudresourcesltd.com SOURCE: Stroud Resources Ltd. mailto:[e-mail] mailto:[e-mail] https://www.stroudresourcesltd.com Copyright 2007 Market Wire, All rights reserved.