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.
Mexico is the top mining jurisdiction for precious…
Mexico is the top mining jurisdiction for precious metals like silver, and although output in the country decreased by roughly 4 percent to 5.6 thousand metric tons in 2020, the country still remains, by far, the largest silver producer in the world.
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Discovery Silver has closed its marketed public offering of common shares of the company. The offering consisted of the sale of 43 million shares at a price of $1.20 per share.
Even as gold and silver continue to move upward due to inflation, COVID-19 threatens to put constraints on mining across the globe. Cases at locations such as Gold Resource Corporations Mexican mining holdings have begun to spike. Vaccination rates remain lower than in the US and Canada as well, further threatening the risk of exposure. […]