Stroud Resources Ltd
1090 Don Mills Rd, Suite 404, Toronto, Ontario, Canada | Base Metals
Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada
The Company entered a difficult period following the steady decline in base metal prices during 2013 and the sudden and unexpected passing of George Coburn, its Founder and CEO, in December of 2013. Over the next three years, the Board of Directors stabilized the Company and reaffirmed the vision to move its Santo Domingo Project towards production.
Today, the Company is excited to unearth the potential of this epithermal silver-gold property located in Jalisco, Mexico. Two mineral rich belts occur on the east and west sides of the Sierra Madre Mountains in Mexico. Stroud’s Santo Domingo project is in the Western Silver-Gold Belt. 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 ounces.
Previous 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.
Company Details | |
---|---|
Company Name | Stroud Resources Ltd |
Business Category | Base Metals |
Address | 1090 Don Mills Rd, Suite 404 Toronto Ontario Canada ZIP: M3C 3R6 |
President | Howard J. Atkinson |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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