Stroud.

Stroud Resources Ltd.   SDR   (TSVX)

Santo Domingo II Ag-Au Property, Jalisco. Agreed to purchase 100% of Cia. Minera San Diego y La Espanola S.A. de C.V. (a private Mexican company) which owns two contiguous concessions in the State of Jalisco, Mexico for U.S.$1,190,000, payable over a three and a half year period. The two concessions are covered by exploitation licenses and are located 90 km north of Guadalajara. The infrastructure of the area is excellent. A number of significant epithermal gold-silver and silver-gold deposits are located in a similar geological environment in Mexico. There are six adits on the property. "These adits were hand dug by the Spanish 200 years ago when they selectively mined part of the epithermal veins for silver. Two of the sub-parallel veins which range in size from five m to 20 m in width appear to be approximately 750 m in length. Six grab samples taken from the veins by Mr. George E. Coburn, President of Stroud, assayed from 0.01 oz. gold per ton to 0.898 oz. gold per ton and silver assays ranged from 1.68 oz. silver per ton to 30.03 oz. silver per ton. The average ''silver equivalent" assay, was 21.19 oz. per ton. The samples were assayed in an Ontario based laboratory. TNK Resources Inc. purchased 4M units at 10 cents each to flush $400K into Stroud's treasury so they can explore and drill Santo Domingo II property in Jalisco.. Taurus Capital Markets of Toronto assisted in the transaction.

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