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 mining output up with sulfur growing strongly
Gold Resource Corporation confirms the potential to add higher grade resources from the Three Sisters and Marena vein systems, as well as from the south-eastern deep extension of the Soledad and Sagrario vein systems where recent drill intercepts have identified precious and base metal mineralization within 100 to 120 meters from existing workings.
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.
Delays are hampering progress in Mexico’s US$8.77bn pipeline of mining projects, as firms struggle to deliver new production amid heightened metals prices.