Stroud Intersects 220.24(g/t) Silver, 0.63(g/t) Gold and 1.77% Zinc Over 15.0 Metres
07 April 2008 - 10:16PM
Marketwired
TORONTO, ONTARIO ("Stroud") is pleased to announce results from
three additional drill holes in its current drill program at the
Santo Domingo project in Central Mexico.
DDH-17 intersected a mineralized zone grading 140.13(g/t)
silver, 0.54(g/t) gold, 0.57% lead and 0.93% zinc over 38.11
metres, including 24.39 metres of 172.95(g/t) silver, 0.50(g/t)
gold, 0.8% lead and 1.18% zinc and 15.0 metres of 220.24(g/t)
silver and 0.63(g/t) gold with 1.11% lead and 1.77% zinc, for a
silver equivalent(1) of 253.25(g/t).
DDH-18 intersected a rich gold zone that assayed 11.82(g/t) gold
over 3.05 metres and 74.11(g/t) silver with 2.42% zinc and 0.311%
lead, for a silver equivalent of 693.36(g/t).
DDH-19 intersected a mineralized zone grading 151.25(g/t) silver
and 0.62(g/t) gold, 0.62% zinc and 0.51% lead over 19.80 metres for
a silver equivalent of 183.73(g/t). Included in the intersection
was 9.10 metres of 227.19(g/t) silver and 1.17(g/t) gold with 1.09
% zinc and 0.99% lead, for a silver equivalent of 288.49(g/t).
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Hole Depth Depth Length Silver Gold Pb Zn Silver
from to (m) (g/t) (g/t) % % Equivalent
(m) (m) (g/t)
----------------------------------------------------------------------------
Guadalupe DDH-17 59.91 89.02 38.11 140.13 0.54 0.57 0.93 168.42
structure
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(incl) 61.58 85.97 24.39 172.95 0.50 0.80 1.18 199.15
----------------------------------------------------------------------------
(incl) 66.40 81.40 15.0 220.24 0.63 1.11 1.77 253.25
----------------------------------------------------------------------------
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Rayas
structure DDH-18 14.33 17.38 3.05 74.11 11.82 0.311 2.42 693.36
----------------------------------------------------------------------------
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Rayas
structure DDH-19 5.20 25.0 19.80 151.25 0.62 0.51 0.62 183.73
----------------------------------------------------------------------------
(incl) 5.20 14.3 9.10 227.19 1.17 0.98 1.09 288.49
----------------------------------------------------------------------------
(1) Only silver and gold metal prices were used to calculate the silver
equivalent. The following prices were used; Silver USD17.18 an ounce,
gold USD900 an ounce. The widths above are drill intercepts and not true
widths. True widths to be determined.
Drilling continues to intersect wide structures that contain
good silver and gold values. Within these mineralized structures
some zones contain greater than 2% combined lead zinc. Stroud is
currently waiting for assays on six additional drill holes.
A map of the Santo Domingo-Mexico Silver-Gold Property is
available at the following web link:
http://media3.marketwire.com/docs/sdr0407fig1.pdf.
The drill core sampling program includes the use of tamper proof
sample bags, 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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