Stroud Resources (SDR-V, SDURF-o) is posting solid results from La Rayas, one of two mineralized zones, at its 100%-owned Santo Domingo silver-gold project, 90 km northwest of Guadalajara in central Mexico.
Results so far suggest that La Rayas is 35 metres wide, 300 metres deep and longer than 700 metres. (The other mineralized zone, Guadalupe, is sub-parallel to La Rayas and lies about 125 metres southeast.)
The latest assays illustrate that the Rayas zone, which remains open to the south and north, may be continuous for more than 500 metres.
The most recent results include hole 28, which intercepted a number of mineralized zones. Drilled on the same section as hole 27, it intersected 32.6 metres of 42.06 grams silver per tonne and 0.12 gram gold, and 3.1 metres of 98.11 grams silver and 0.03 gram gold for a silver-equivalent 100.15 grams per tonne.
The same hole also struck 15.3 metres of 73.06 grams silver and 0.48 gram gold for a silver-equivalent 105.2 grams per tonne, plus 4.6 metres of 55.76 grams silver and 0.31 gram gold for a silver-equivalent 76.84 grams.
Hole 29a assayed 61.38 grams silver and 0.16 gram gold over 80.8 metres for a silver equivalent of 72.26 grams, including 59.4 metres of 75.76 grams silver and 0.17 gram gold for a silver-equivalent 87.32 grams. It also hit 27.5 metres of 89.16 grams silver and 0.26 gram gold for a silver- equivalent 106.84 grams per tonne, and 9.2 metres of 134.28 grams silver and 0.54 gram gold for a silver-equivalent 171 grams.
Hole 30, 150 metres south of hole 29, intersected 10.7 metres of 111.69 grams silver and 0.43 gram gold for a silver equivalent of 140.93 grams per tonne and 7.6 metres of 69.93 grams silver and 0.38 gram gold for a silver-equivalent 95.77 grams per tonne.
Mineralization at Santo Domingo occurs in a series of banded and breccia-style epithermal quartz-carbonate veins, typically made up of silver and gold with less than 2% copper and lead, the company states.
The mineralization is contained in faulted 20-million-year-old volcanic rocks. After these rocks were mineralized, they were overlain by basalt lavas. Santo Domingo and other epithermal vein-type deposits in the area are associated with extensive fracture systems.
In addition to Santo Domingo, Stroud holds a 100% interest in the Hislop and Leckie gold properties in Ontario, located near Timmins and North Bay, respectively.
Stroud also receives cash flow from a 3.75% interest in six natural gas and natural gas condensate wells in central Alberta.
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