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.
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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.
Challenges faced by mining companies operating in Mexico have increased in recent years, with higher taxes, slower permitting and rising community relations challenges weighing on the sector, geologist and mining entrepreneur Brad Cooke tells BNamericas in an email-based interview.