Press Release - Jan 27, 2010
Published on: Mar 4, 2016
Transcripts - Press Release - Jan 27, 2010
STROUD FILES NI 43-101 REPORT RESOURCE
ESTIMATE ON SANTO DOMINGO PROJECT
Toronto, Canada, January 27, 2010 - Stroud Resources Ltd. (TSXV-SDR) ("Stroud") announced
that it has filed the National Instrument 43-101 technical report on its Santo Domingo project in
Jalisco, Mexico (the “report”). The highlights of the report were disclosed in Stroud's December
16, 2009 press release. Stroud has calculated the silver equivalent ounces of the resources
disclosed in the report as outlined in the table below.
Classification Tonnes Gold Silver Gold Silver Equivalent
(g/t) (g/t) Ounces Ounces Ounces
Measured 1,846,352 0.46 90 27,306 5,342,557 6,601,298
Indicated 2,501,382 0.39 88 31,364 7,077,092 8,447,652
Measured and 4,347,734 0.42 89 58,670 12,419,649 15,048,950
Inferred 3,424,622 0.33 83 36,817 9,135,864 10,678,445
Silver-Equivalencies are calculated using a 65:1 ratio based on Gold at US$1125/oz and Silver at US$17.35/oz .based on
quoted closing prices on Kitco Gold Index Dec. 14, 2009. No base metals are used for calculating Silver-Equivalent ounces.
* Cut-off was USD$20 a tonne. The cutoff grade was calculated using a grade of 45g/t of Silver-Equivalent. Silver-
Equivalent were calculated at 65:1 ratio based on USD $15 per ounce Silver and USD $975 per ounce Gold. Silver recoveries
were estimated at 92% for silver and 95% for gold.
George Coburn, President of Stroud commented: "Going into 2010 we hope to continue to build
on these very encouraging results by drilling the deposit further, as we have only explored a small
section of it to date. In addition, with the current strong fundamentals for gold, we are also
looking to further develop our Canadian gold properties through joint venture or other
George Coburn P.Geo., President and CEO of Stroud, is the Qualified Person within the meaning
of National Instrument 43-101 for the Santo Domingo project and was responsible for preparing
the scientific and technical information contained in this news release.
For additional information please contact:
Mr. George Coburn
President and CEO
Stroud Resources Ltd.
Tel: (416) 362-4126
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’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
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.