Stroud Intersects 359.47(g/t) Silver 1.63(g/t) Gold Over 4.55 Metres on its Santo Domingo Project in Mexico
April 29 2008 - 7:38AM
Marketwired
TORONTO, ONTARIO ("Stroud") is pleased to announce results from
its three most recent drill holes in its current drill programme at
the Santo Domingo Project in Central Mexico. Diamond drill hole
DDH-20 intersected a mineralized zone grading 170.63(g/t) silver,
1.25(g/t) gold over 19.8 metres, for a silver equivalent(i) of
235.63(g/t) including 7.6 metres of 289.56(g/t) silver, 2.83(g/t)
gold and 1.12% zinc, for a silver equivalent(i) of 436.7(g/t).
DDH-21 drilled on the same section as DDH-20 and DDH-19,
intersected 13.75 metres of 143.64(g/t) silver and 0.73(g/t) gold
for a silver equivalent(i) of 181.54(g/t), including 359.47(g/t)
silver and 1.63(g/t) gold for a silver equivalent(i) of
444.23(g/t).
DDH-22 was also drilled on the same section at a -6 degrees dip,
and intersected 54.4 metres of 52.56(g/t) silver, 0.38(g/t) gold
for a silver equivalent(i) of 72.32(g/t) including 23.4 metres of
96.73(g/t) silver and 0.63(g/t) gold, for a silver equivalent(i) of
129.49(g/t) and including 202.91(g/t) silver and 1.32(g/t) gold
over 6.8 metres for a silver equivalent(i) of 271.55(g/t).
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Struc- Hole Depth Depth Length Silver Gold Pb% Zn% Silver
ture From To (m) (g/t) (g/t) Equiva-
(m) (m) lent(i)
--------------------------------------------------------------------------
Rayas DDH- 5.2 25.0 19.8 170.63 1.25 0.31 0.64 235.63
20
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(incl) 5.2 12.8 7.6 289.56 2.83 0.55 1.12 436.76
--------------------------------------------------------------------------
(incl) 20.45 25.0 4.55 220.46 0.45 0.32 0.46 243.86
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Rayas DDH- 9.75 23.50 13.75 143.64 0.73 0.18 0.37 181.54
21
--------------------------------------------------------------------------
(incl) 11.30 15.85 4.55 359.47 1.63 0.37 0.69 444.23
--------------------------------------------------------------------------
47.85 49.40 1.55 142.00 2.21 0.07 0.07 256.92
--------------------------------------------------------------------------
64.80 66.30 1.50 64.00 0.49 0.07 0.07 89.48
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Rayas DDH- 6.2 60.6 54.4 52.56 0.38 0.09 0.25 72.32
22
--------------------------------------------------------------------------
(incl) 6.2 29.6 23.4 96.73 0.63 0.18 0.48 129.49
--------------------------------------------------------------------------
(incl) 6.7 13.5 6.8 202.91 1.32 0.26 0.89 271.55
--------------------------------------------------------------------------
49.4 60.6 11.2 31.27 0.27 0.04 0.06 45.31
--------------------------------------------------------------------------
(i) Only silver and gold metal prices used to calculate silver equivalent.
The following prices were used: silver USD$16.75 an ounce, gold USD$890
an ounce.
The widths above are not true widths. True widths to be determined.
The holes were drilled on section 5380 on the Rayas structure
and intersected wide zones of good grade silver mineralization and
higher than normal gold values. Mr. George Coburn President of
Stroud, stated he was very pleased with ongoing drilling results
which demonstrated that the mineralized structure showed good
continuity down dip, as well as along strike (from the section
drilled further south). The Rayas system is at least 600 metres in
length and mineralized sections up to 125 metres have been
encountered in drill holes to date.
The Company is currently waiting for assays from an additional
three holes.
To view the Santo Domingo-Mexico Silver-Gold Property, please
visit the following link:
http://media3.marketwire.com/docs/stroudmap.pdf.
The drill core sampling program includes onsite supervision of
sampling by Dr. Derek McBride, 10% blanks and certified standard
reference samples. The drill core is sawed in half, with one half
sent out for assay and the other half stored in Stroud's secure
facility. The samples are subjected to full sample preparation
followed by a 30 g fire assay with a gravimetric finish. George
Coburn PGeo., 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 Chemex of Vancouver, BC (ISO 9001 Certified
assayer).
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's assets include 100% interests
in the Hislop gold property, near Timmins, Ontario and the Leckie
gold property, near North Bay, Ontario. Stroud also generates cash
flow from a 3.75% interest in six natural gas, and natural gas
condensate wells in central Alberta.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Contacts: Stroud Resources Ltd. Mr. George Coburn President and
CEO (416) 362-4126 Website: www.stroudresourcesltd.com
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