Gold is currently trading at over US $1600.00 and is in a bull market. Gold has out performed the equity markets in the last year and is regarded as a safe haven for investment, the continuing concerns regarding the financial situation and the economy will likely cause gold to remain in a bull market in the months ahead. Silver is also in a bull market, trading at over US $30.00 and out performing gold. Current gold to silver ratio has narrowed to 52:1 from the recent 65:1 gold to silver ratio.

Classification	Tonnes	Gold (g/t)	Silver (g/t)	Gold Ounces	Silver Ounces	Silver Equivalent Ounces
Measured	1,846,352	0.46	90	27,306	5,342,557	6,108,424
Indicated	2,501,382	0.39	88	31,364	7,077,092	7,881,531
Measured & Indicated	4,347,734	0.42	89	58,670	12,419,649	13,989,955
Inferred	3,424,622	0.33	83	36,817	9,135,864	10,013,898

Drilling on the Santo Domingo project in 2007 and 2008 outlined continuous mineralized zone over 500 metres in length. The zone is open in all directions. Stroud's Santo Domingo Mexican Silver / Gold property is 100% owned by Stroud. Stroud has drilled a total of 45 diamond drill holes to date on the project. Subject to financing Stroud intends to recommence drilling in 2012 and carry out metallurgical and environmental studies as well as update the NI-43-101 report on the project that will lead to a preliminary economic assessment of the project.

Silver-Equivalencies are calculated using a 46:1 ratio based on Gold at $1348.90/oz and Silver at $29.06/oz dated Feb.04, 2011. Recoveries were estimated at 92% for Silver and 95% for Gold. No Base metals were used for calculating Silver Equivalencies.

*Cut-off was USD $20 per tonne. This cut-off was calculated using a grade of 45 g/t of Silver Equivalent calculated at an historical ratio of 65:1 based on USD $15 per ounce of Silver and USD $975 per ounce of Gold

-A total of 28 holes were used in the NI-43-101 report.

Stroud's Hislop Gold project located in Ontario Canada is 100% owned by the company, with measured and indicated resources of 102,750 oz. of gold, and total inferred resources of 69,700 oz. of gold. An 8,000 metre drilling program was completed in 1997 by Stroud on this project. Stroud intends subject to financing carry out infill drilling, environmental and metallurgical studies as well as update the NI-43-101 report on the project. This will lead to a preliminary economic assessment of the project.

Stroud's Leckie Gold project located in Ontario Canada is 100% owned by the Company, with 80,000 oz. gold resource. Stroud is currently looking for a joint venture partner for the project.

Natural gas and natural gas condensate prices have been low recently. There is more natural gas in storage than ever before, which has driven prices down. Natural gas prices are expected to range between $2.50 to $5 per cubic meter for the near future. Currently Stroud has a 3.75% interest in six producing wells, which produce a cash flow in excess of $100,000 a year.

In conclusion there are a number of reasons to be optimistic about Stroud:

• Rising precious metal prices
• Three drill ready properties
• Revenue from natural gas and natural gas condensate
• A debt free company
• Ability to access the Capital Markets
• Experienced management team and Board of Directors

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