- 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 which 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 to, 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.
- Stroud has a 3.75% interest in six Canadian natural gas condensate long- life wells. These wells provide annual revenue in excess of $100,000.