Stroud Resources Ltd V.SDR

Alternate Symbol(s): SDURF

Metals & Mining Industrial Metals & Minerals

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.

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Stroud Resources Ltd > Assays!

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Comment by StrikeGoldon Jan 12, 2022 2:41pm

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Post# 34309561

RE:Assays!

Discovery of a third mineralized trend located about 400 metres west of the Guadalupe Vein System. The “New Vein System” appears to run N-S and is about 500 metres east of the historical Santa Fe adits (Figure 1). Initial results from the New Vein System suggest it is about 10 metres wide with grades exceeding 300 g/t AgEq at the top end of the vein.
The New Vein System was intersected by hole SD-21-81 at the top end and continues for over 80 metres to hole SD-21-58, the last hole drilled in 2021. Mineralization in Hole SD-21-58 is visible over 25 metres and the Company is eagerly awaiting the assay results from this hole.
Hole SD-21-81: returned 372 g/t AgEq over 9.95 m, including 1,187 g/t AgEq over 1.0 metre.
Hole SD-21-71: drilled into the La Raya Vein System, returned strong mineralization over 20.0 m with two intercepts of 618 g/t AgEq over 1.05 metres and 575 g/t AgEq over 1.10 metres.
Several intercepts, at the south extension of La Raya Vein System, of high-grade base metals accompanied high-grade silver including hole SD-21-50 which returned 1.40 m grading 336 g/t Ag, 6.57% Zn and 2.01% Pb. Fe-poor sphalerite and galena occur within the quartz veining.