Stroud Intercepts Wide Mineralized Zone at Santo Domingo
Published : June 02, 2011

54.0 Metres of 85.65 g/t Silver and 0.63 g/t Gold Including 12.0 Metres of 132.67 g/t Silver and 0.85 g/t Gold

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Debt | G Mexico | Gold | Market | Mexico | Natural Gas | Silver |

TORONTO, ONTARIO--(Marketwire - June 2, 2011) - Stroud Resources Ltd. (News - Market indicators) ("Stroud") today announced the latest results from its drill program at the Santo Domingo Project in central Mexico. The most recent drill holes are very encouraging and demonstrate the continuity of the mineralized zone both along strike and down dip and returned significant silver and gold values. The holes were drilled on section 5475N (previously Stroud had only one hole on this section).

Mr. George Coburn CEO of Stroud stated that he is very encouraged by the current round of drilling. Wide zones of good grade silver and gold mineralization have been encountered in these recent drill holes. Section 5475 N was originally considered to host only relatively narrow zones (10 to 12 metres) of mineralization but the current drilling demonstrates that the zone is 4 or 5 times wider than originally thought at Section 5475N.

Structure Hole Depth from Depth to Length Silver Gold
    (m) (m) (m) (g/t) (g/t)
Rayas (-70°) DDH-31 29.0 41.0 12.0 56.57 0.18
Section   51.0 105.0 54.0 85.65 0.63
5475 (incl.) 51.0 60.0 9.0 88.89 0.24
North (incl.) 69.3 74.0 4.7 263.66 0.42
  (incl.) 93.0 105.0 12.0 132.67 0.85
    116.0 121.7 5.7 93.07 0.75
 
Rayas (-29°) DDH-32 24.5 68.3 43.8 78.83 0.55
Section (incl.) 34.2 39.0 4.8 245.42 1.56
5475 (incl.) 34.2 68.3 34.1 95.88 0.67
North   88.0 94.0 6.0 140.33 0.55
 
Rayas (-2°) DDH-33 30.0 85.0 55.0 46.18 0.19
Section (incl.) 43.5 47.6 4.1 109.27 0.49
5475 (incl.) 43.5 56.0 12.5 62.99 0.29
North (incl.) 68.0 85.0 17.0 60.77 0.21
    95.0 99.0 4.0 24.30 0.14

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

Stroud is currently waiting to receive assay results from an additional three drill holes.

Note: To view the map associated with this release, please click the following link: http://media3.marketwire.com/docs/sdr0602.pdf

QA/QC

The drill core sampling program includes onsite supervision of sampling by Dr. Stew Fumerton. He has included insertion of random blanks and certified reference material. The drill core is sawed in half, with one half sent out for assay and the other half stored in Stroud's secure facility. Gold was determined by Fire Assay with an AA finish whereas silver was determined by ICP after a four acid total digestion.  About 20% of the samples have been checked by re-assaying using the more traditional Fire Assay 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 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 Minerals in Vancouver, BC (ISO 9001) Certified Assayers.

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 also owns a 100% interest in the Hislop gold property, near Timmins, Ontario and the Leckie gold property, near North Bay, Ontario. Stroud has granted St. Andrew Goldfields an option to earn up to a 60% interest in the Hislop gold property.  Stroud also generates cash flow from a 3.75% interest in six natural gas, and natural gas condensate wells in central Alberta.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Stroud Resources Ltd.
Mr. George Coburn
President and CEO
(416) 362-4126
g.coburn@stroudresourcesltd.com
www.stroudresourcesltd.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Stroud Resources Ltd

PRODUCER
CODE : SDR.V
ISIN : CA8634431073
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Stroud Res. is a gold and silver producing company based in Canada.

Stroud Res. holds various exploration projects in Canada.

Its main asset in production is SANTO DOMINGO in Mexico and its main exploration properties are LECKIE MINE, LECKIE and HISLOP in Canada.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Stroud Resources Ltd
6/10/2013Extends Private Placement
Project news of Stroud Resources Ltd
6/23/2011(Hislop)Drilling Underway on Stroud's Hislop Gold Project
4/28/2011(Hislop)Enters Into Option Agreement for Hislop Gold Property
3/2/2011(Santo Domingo)Drilling Re-Commences on Stroud's Santo Domingo Silver Proje...
Corporate news of Stroud Resources Ltd
12/31/2015Stroud Resources Announces Grant of Stock Options
8/5/2014IIROC Trading Resumption - SDR
6/24/2014IIROC Trading Halt - SDR
6/2/2011(Santo Domingo)Intercepts Wide Mineralized Zone at Santo Domingo
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (SDR.V)Other OTC (SDURF)
0.360-10.00%0.309+0.00%
TSX-V
CA$ 0.360
05/20 16:11 -0.040
-10%
Prev close Open
0.400 0.365
Low High
0.360 0.365
Year l/h YTD var.
0.245 -  0.485 28.57%
52 week l/h 52 week var.
0.245 -  0.810 -55.56%
Volume 1 month var.
10,000 -20.00%
24hGold TrendPower© : -20
Produces Gold - Silver
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2022-50.68%
202130.36%0.900.47
2020115.38%0.830.15
20195100.00%0.370.01
2018-75.00%0.030.01
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 8.24+0.92%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 3.02-1.95%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.84+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.50-3.27%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.70-4.39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.40-7.36%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.65-1.30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+1.72%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.26-7.02%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.76-2.22%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 69.92+0.59%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04-6.67%Trend Power :