Stroud Resources (TSX-V:SRD)
Stroud Resource’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. The Company entered a difficult period following the steady decline in base metal prices during 2013 and the sudden and unexpected passing of George Coburn, its Founder and CEO, in December of 2013. Over the next three years, the Board of Directors stabilized the Company and reaffirmed the vision to move its Mexican Santo Domingo Silver Project towards production. Today, the Company is excited to unearth the potential of this epithermal silver-gold property located in Jalisco, Mexico. Previous workings, sampling and drilling done on the property give preliminary indications that Santo Domingo is a very large silver target. A new NI 43-101 Technical Report and Mineral Resource Estimation has confirmed a significant deposit on the property. The potential for high grade silver to be found at depth seems highly likely considering the property has never been explored beyond 150 metre depths using modern technology. The Santo Domingo Silver Property in Mexico is 100% owned by Stroud, and Net Smelter Return Royalties are less than US$3,500,000.
Cordillera Gold Ltd. (Private)
Cordillera Gold (CGL) is a private mineral exploration company with several gold projects located in Colombia. The Company holds two Mining Licenses located immediately northeast (Matuna) and southwest (Rigo) of Gran Colombia Gold’s (TSX-V:GCM) mining operations in the Frontino Mining Camp, where high-grade gold production has been active for over 150 years. Plans for 2018 include a diamond drilling program targeting known high-grade gold vein systems that extend from GCM’s Sandra K Mine operations into the Matuna Property. Further work is also also planned for the Rigo Property, targeting parallel vein systems that mirror those at GCM’s Las Verticales.
Back to … COMPANIES