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Stroud Resources Ltd V.SDR

Alternate Symbol(s):  SDURF

Stroud Resources Ltd. is a Canada-based international mineral exploration company with an exploration portfolio in Canada and Mexico. The Company holds its interest in its Mexican properties through its wholly owned subsidiary, Compania Minera San Diego y La Espanola S.A. de C.V. (Compania Minera), which holds prospecting and exploration permits for the properties. Compania Minera holds rights to the Santo Domingo II and Nombre de Dios mining concessions, located approximately 80 kilometers northwest of Guadalajara, the capital city of the State of Jalisco, Mexico. It also holds a net smelter royalty of 0.5% on properties located in Hislop Township, Ontario.


TSXV:SDR - Post by User

Post by gold_strikeon Jan 29, 2021 2:28pm
177 Views
Post# 32422050

Santo Domingo

Santo Domingo For new shareholders:
 
George Coburn, the deceased former CEO of Stroud was a true believer in the 100 to 400 million high grade silver ounce potential of Santo Domingo, which is why myself and others are eagerly awaiting drilling and results this year.
 
https://www.stroudsilver.com/about-us/     
 
Mineralization at Santo Domingo is similar in geological settings to that of two major mining areas of Fresnillo and Zacatecas, each with historic silver production in excess of 400 million ouncesPrevious workings, sampling and drilling done on the property give preliminary indications that Santo Domingo is a very large silver target. A new NI 43-101 Technical Report has confirmed a significant deposit on the property. The potential for high grade silver to be found at depth seems highly likely considering the property has never been explored beyond 150 metre depths using modern technology.”
 
“The Santo Domingo Property in Mexico is 100% owned by Stroud, and Net Smelter Royalties are less than US $3,500,000.”
 
“A new drilling program has been planned to advance the property towards future production.”
 
 
Also, GoGold is Stroud’s next door neighbor
 
https://www.newswire.ca/news-releases/gogold-announces-npv-of-us-295m-for-los-ricos-south-pea-855661072.html

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