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-focused miners target growth at gold, silver assets
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.
Recommended Read Investors aren't 'stampeding' out of gold because inflation is still a threat - Axel Merk 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. ... Read More »
Higher industrial demand for commercial product applications continue to drive silver mining and expansion in exploration. Because of this, Mexico is once again among the world's top producers Recommended Read As Global Demand Increases, Mexico's Silver Production Jumped This Year Becoming One of the Top Silver Producers Higher industrial demand for commercial product applications continue […]