Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Rising Industrial Demand for Silver Has the Mexica…
In addition to its capacity as an inflationary hedge, industrial silver from uses such as green energy initiatives and development continue to drive silver forward. Mexico mining is a hotspot with many companies moving forward with current and future projects to service industrial silver needs.
Silver Tiger Metals Inc. has intersected 1,203.8 g/t silver equivalent over 0.7 meters in the Seitz Kelly Vein in Drill Hole ET-308 from 142.7 meters to 143.4 meters.
GR Silver Mining Ltd told investors that wide, high-grade silver mineralization has been confirmed below the San Marcial resource at its Plomosas silver project in Mexico, justifying another resource expansion drilling program this year.
Silver futures are looking up due to the long-term outlook for industrial silver demand. Companies such as Alexco are even updating reserve levels to take advantage of the opportunities. Recommended Read Alexco Resource Corp. Announces 22% Increase to Silver Reserves Alexco Resource Corp. Announces 22% Increase to Silver Reserves - Silver futures are looking up due […]