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.
Gold Firms as Fed’s Powell Calms Rate-hike F…
The fed has linked inflationary control to interest rates. The news has calmed the gold world, but many continue to keep a watchful eye.
Minera Alamos has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in Zacatecas state, Mexico. Using a gold price of $1,600/oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.
Fabled Silver Gold Corp. continues to find success in a high quality and high-yield project in Parral, Mexico. The Santa Maria project is uncovering samples in all directions of drilling. Recommended Read Fabled Increase Mineralized Diorite Dike To +1,000 Meters in Strike Length and To -400 Meters Vertically, Remains Open in All Directions Fabled Silver Gold […]
Canadian gold exploration firm Tarachi Gold has signed a binding letter of agreement to divest its Magistral Project in Durango, Mexico, to mining company Compañia Minera de Atocha SA de CV (Atocha) for approximately $5,700,000.