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Stroud Intercepts Wide Mineralized Zone at Santo Domingo 80.75 metres (265 feet) of 61.38 g/t Silver and 0.16 g/t Gold Including 9.15 metres of 134.28 g/t Silver and 0.54 g/t Gold TORONTO, ONTARIO--(MARKET WIRE)--Nov 13, 2008 -- Stroud Resources Ltd. (CDNX:SDR.V - News) ("Stroud") today announced
more encouraging results from its drill program at the Santo
Domingo project in Central Mexico. The latest drill holes
have demonstrated that the Rayas mineralized zone appears
to be continuous for more than 500 metres (the mineralized
zone is still open to the south and the north). Drill hole #28 encountered a number of mineralized zones. DDH-28 was drilled on the same section as DDH-27 and intersected 32.6 metres of 42.06 g/t silver and 0.12 g/t gold, and 3.05 metres of 98.11 g/t silver and 0.03 g/t gold for a silver equivalent(1) of 100.15 g/t. The same hole also intersected 15.25 metres of 73.06 g/t silver and 0.48 g/t gold for a silver equivalent(1) of 105.20 g/t; and 4.6 metres of 55.76 g/t silver and 0.31 g/t gold for a silver equivalent(1) of 76.84 g/t.
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Silver
Structure Hole Depth Depth Length Silver Gold Lead Zinc Equiv-
From To (m) (m) (g/t) (g/t) % % alent
(m) (g/t)(1)
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Rayas DDH-28 12.2 44.8 32.6 42.06 0.12 0.14 0.21 50.22
(-70 ---------------------------------------------------------
degrees) 93.6 96.65 3.05 98.11 0.03 0.06 0.17 100.15
(section ---------------------------------------------------------
5631) 156.05 171.3 15.25 73.06 0.48 0.02 0.04 105.70
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180.45 185.05 4.6 55.76 0.31 0.02 0.06 76.84
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Rayas DDH-29a 14.35 95.1 80.75 61.38 0.16 0.03 0.09 72.26
(-27 ---------------------------------------------------------
degrees) (incl.) 14.35 73.75 59.40 75.76 0.17 0.03 0.10 87.32
(section ---------------------------------------------------------
5631) (incl.) 15.85 43.30 27.45 89.16 0.26 0.04 0.10 106.84
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(incl.) 15.85 25.0 9.15 134.28 0.54 0.03 0.08 171.00
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(incl.) 57.95 73.75 15.80 103.17 0.18 0.05 0.12 117.93
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Rayas DDH-29 10.65 37.2 26.55 83.49 0.36 0.04 0.10 107.97
(-27 -----------------------------------------------------------------
degrees)
(section
5631)
(Partial
hole)
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Rayas DDH-30 25.0 32.6 7.6 69.93 0.38 0.01 0.08 95.77
(-45 ---------------------------------------------------------
degrees) 41.75 52.4 10.65 111.69 0.43 0.16 0.35 140.93
(section
5479)
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(1) The silver to gold ratio used for the silver equivalent calculations
is 68:1(Silver USD10.09oz, gold USD731.60/oz.)
(2) The widths above are not true widths, true widths remain to be
determined.DDH-29a encountered a wide zone of mineralization that assayed 61.38 g/t silver and 0.16 g/t gold over 80.75 metres for a silver equivalent(1) of 72.26 g/t, including 59.40 metres of 75.76 g/t silver and 0.17 g/t gold for a silver equivalent(1) of 87.32 g/t, and 27.45 metres of 89.16 g/t silver and 0.26 g/t gold for a silver equivalent(1) of 106.84 g/t, and 9.15 metres of 134.28 g/t silver and 0.54 g/t gold for a silver equivalent(1) of 171.00 g/t. DDH-29 duplicated the upper section of DDH-29a and intersected 26.55 metres of 83.49 g/t silver and 0.36 g/t gold for a silver equivalent(1) of 107.97 g/t. Both DDH-29a and DDH-29 encountered old mine workings which likely reduced the overall grade of the drill holes. DDH-30 was drilled 150 metres to the south of DDH-29 and intersected 10.65 metres of 111.69 g/t silver and 0.43 g/t gold for a silver equivalent(1) of 140.93 g/t and 7.6 metres of 69.93 g/t silver and 0.38 g/t gold for a silver equivalent(1) of 95.77 g/t. QA/QC 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, 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 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. To view the Santo Domingo-Mexico Silver-Gold Property map, please visit the following link: http://media3.marketwire.com/docs/SRLim.jpg.
Contact: Contacts:
Stroud Resources Ltd.
Mr. George Coburn
President and CEO
(416) 362-4126
Website: http://www.stroudresourcesltd.com
Source: Stroud Resources Ltd.
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