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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 StrikeGoldon May 11, 2023 11:46am
91 Views
Post# 35443307

New Zopilote vein zone

New Zopilote vein zone

It's amazing that hardly anyone on Stockhouse boards talks about news in any details other than sound bites it seems.  Not just on this board, but all of them.  10 or 15 years ago there were actual discussions.  
 
For the Zopilote zone, the company looks to have recompiled the best hole 81 from 2021 showing the results in a better format:
 
32 meters of almost 150 g/t is not a bad result for a new discovery: 
SD-21-81: 147 g/t AgEq  for  32.15 m     
 
The two holes below appear to be the best results from cores sent to the lab in 2022.  There are just a few meters separating the two reported lengths in hole 61.  If a small segment of 15 meters is taken out you get about 85 meters of around 57 g/t eq silver.    
                               
SD-22-61   340.60    388.30    47.70  lenght  of  55 g/t eq silver 
SD-22-61   406.80    442.25    35.45  lenght  of  60 g/t eq silver 
SD-22-64   189.85    220.20    30.35  lenght  of  57 g/t eq silver 
 

So there have been just 8 or so holes analyized in a new discovery zone to yeild the these results from 2021 and 2022. 

Also, drill pad permits may have limited the desired follow up drill targets in 2022:

"The 2022 drilling campaign focused on the newly discovered Zopilote silver-mineralized zone, primarily beginning to test the extension, continuity and interpretation of the Zopilote vein system.  The location of drill hole collars was limited by the previously approved drilling permit and its planned drill pads which had not accounted for the discovery of the new Zopilote Zone".

Does the market account for the limited drilling in the new zone so far in the results?   Probably not.   

 
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