Stroud Intercepts Wide Mineralized Zone at Santo Domingo 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 2011-04
2011-04
Toronto, Canada, June 2nd, 2011 - Stroud Resources Ltd. (TSXV-SDR) ("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 (m) | Depth to (m) | Length (m) | Silver (g/t) | Gold (g/t) |
|---|---|---|---|---|---|---|
| Rayas (-70o) Section 5475 North | DDH-31 | 29.0 | 41.0 | 12.0 | 56.57 | 0.18 |
| 51.0 | 105.0 | 54.0 | 85.65 | 0.63 | ||
| (incl.) | 51.0 | 60.0 | 9.0 | 88.89 | 0.24 | |
| (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 (-29o) Section 5475 North | DDH-32 | 24.5 | 68.3 | 43.8 | 78.83 | 0.55 |
| (incl.) | 34.2 | 39.0 | 4.8 | 245.42 | 1.56 | |
| (incl.) | 34.2 | 68.3 | 34.1 | 95.88 | 0.67 | |
| 88.0 | 94.0 | 6.0 | 140.33 | 0.55 | ||
| Rayas (-2o) Section 5475 North | DDH-33 | 30.0 | 85.0 | 55.0 | 46.18 | 0.19 |
| (incl.) | 43.5 | 47.6 | 4.1 | 109.27 | 0.49 | |
| (incl.) | 43.5 | 56.0 | 12.5 | 62.99 | 0.29 | |
| (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.
| 2335000mN 605600mE 605800mE 606000mE 606200mE 606400mE N Stroud Resources 1000 Santo Domingo-Mex 2334800mN 0 100 200 Silver-Gold Proper 900 metres 1100 Guadalupe Mineralized 2334600mN Structure NGoumadb r2 e0 dme @ Di o 2s1 5 m S*o on cu . m Spe an nto is 1 h8790, 10 GGuuaaddaalupe Planta de Rayas PP 509 2334400mN DD small soc. on vein @ 150* DSomatonintogo N DDH-27 Tra shaft + 25 m on 1 m etre v ein Volt 22,000 GGuuaa233dd4200mNaalluuppee MMiinneerraalliizzeedd SSttrruuccttuurree 1200 prhoyzooli t aet f ginaete g orani n roeadd rock is DDDDHH--33 00,, 3311,, 3322,, 3333 2334000mN LLooss RRaayyaass MMiinneerraalliizzeedd SSttrruuccttuurree 1300 605600mE 605800mE 606000mE 1100 606200mE 606400mE | 2335000mN 606600mE 606800mE 607000mE 607200mE pu(mdapm s )ite Ltd. Rio Grande de Santiago 800 500 ico 600 2334800mN |
| ty 700 our t ank s ite i ntermediate Inclinado Los Rayas Mineralized Structure DDH-11 2334600mN (aDbDaHnd -o5ned) DDH-9 00 rhyolite v olc b reccia DDH-27, 28, 29, 29a El Cobre D HD -2H 8-29D aDHpile-ta29DDH of- fi3 ce D DD D D DH H D D- - H2 H26 v-3 -o8l 2c, rb hr2yeoclc4itiea, 25, 26M Si tn re ur ca tl uiz re ed 2334400mN DDH-25 DDH D-4 DH-30, 31, E3s2pe,r a3nz3a on Line | |
| 20 m 1D 70°D p ozHL o i no - v 2 es in4 R De DDy HDe ab -mDos H3i SvneeD 2 - a S w 3aoHn nrk 3P in- eg3d Psro e1 dro DDH-10 nsmissi DDH-30 DDH-16, 18S ,2 0a 1 c mn 9 v e ,inS 2a 0lm , 2o 1n , 22 DDH-7, 12, 13 2334200mN DDH-E 2l 1 Cobre DDH-1L3a Bonita La Esperanza DDD HD -2H 0-19 DD DD HH -- 21 28 DDH-12 DDH-6, 14, 15, 17 Mineralized 1000 900 Soc h igh up o n s econd v ein DDH-7DDH-1 D5 DH-1D 4DH-17 Structure 700 SocavoIInI DD AcaH bvoevde- a 6 S roeca I c IIould b r eh y w o oli rt ke i nv go slc b reccia possible c aved S oc. I I Socavon I 1100 DDH-16 monument i n f ront o f S oc I II Soc1 4I I I M,M @ on 3 P 3P0 °J at om e ianct.a I I, Legend 2334000mN possible c aved S oc. | |
| rhyolite v olc b reccia andesiteSInotceaarndmv es pio te oe sd n said bmlepi c o o ar vw eadt eS roc. R De ris lle hn ot le 800 606600mE 606800mE 607000mE 607200mE Revised feb5th, 2007 |
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.
For additional information please contact:
Mr. George Coburn President and CEO Stroud Resources Ltd.
Tel: (416) 362-4126 [email protected]
Or visit: www.stroudresourcesltd.com
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.