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.
Size still matters. And in the case of Newmont, its Penasquito mine in Mexico matters a lot. This open pit project produced 348,000 ounces of gold and 590,000 ounces of silver through the end of June 2021.
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Mexico continues to be a hot spot for gold and silver exploration. But problems are emerging in environmental compliance and the speed of permits is having an adverse effect on some operations. Recommended Read Mexican miners warn of 'major delays' from environment, water rules Mexico continues to be a hot spot for gold and silver […]
Mexican President Andres Manuel Lopez Obrador signed a decree handing over responsibility for lithium reserves to the energy ministry, after nationalizing lithium deposits last April.
Orogen Royalties Inc. is pleased to announce the closing of the transaction (previously announced June 9, 2022) with Advance Lithium Corp. whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya.