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.
While bond yields are currently trading near a one…
While bond yields are currently trading near a one-year high, gold prices are finding support around their June lows. April gold futures last traded at $1,761.70, down 0.77% on the day.
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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.
Monarca Minerals, Inc. of Canada continues to aggressively add drill holes for increased capacity at its San Jose Project in Durango, Mexico. Each hole has yielded samples currently under review. The samples are undergoing rigid quality control testing and hopes are high that the findings will lead to increased production at an already prolific site. […]
As Covid-19 recedes, the political and economic aftermath of inflation and loose monetary policy make gold an inviting choice. Mining companies are poised to leverage their newfound influence as these factors heat up. Recommended Read Gold’s Place in the COVID-19 Recovery Gold’s Place in the COVID-19 Recovery ... Read More »
