January 27, 2010 08:18 ET

Stroud Files NI 43-101 Report Resource Estimate on Santo Domingo Project

TORONTO, ONTARIO--(Marketwire - Jan. 27, 2010) - Stroud Resources Ltd. (TSX VENTURE:SDR)("Stroud") announced that it has filed the National Instrument 43-101 technical report on its Santo Domingo project in Jalisco, Mexico (the "report"). The highlights of the report were disclosed in Stroud's December 16, 2009 press release. Stroud has calculated the silver equivalent ounces of the resources disclosed in the report as outlined in the table below.

Resource Classification Tonnes Gold (g/t) Silver (g/t) Gold Ounces Silver Ounces Silver Equivalent Ounces
Measured 1,846,352 0.46 90 27,306 5,342,557 6,601,298
Indicated 2,501,382 0.39 88 31,364 7,077,092 8,447,652
Measured and Indicated 4,347,734 0.42 89 58,670 12,419,649 15,048,950
Inferred 3,424,622 0.33 83 36,817 9,135,864 10,678,445
Silver-Equivalencies are calculated using a 65:1 ratio based on Gold at US$1125/oz and Silver at US$17.35/oz .based on quoted closing prices on Kitco Gold Index Dec. 14, 2009. No base metals are used for calculating Silver-Equivalent ounces.
* Cut-off was USD$20 a tonne. The cutoff grade was calculated using a grade of 45g/t of Silver-Equivalent. Silver-Equivalent were calculated at 65:1 ratio based on USD $15 per ounce Silver and USD $975 per ounce Gold. Silver recoveries were estimated at 92% for silver and 95% for gold.

George Coburn, President of Stroud commented: "Going into 2010 we hope to continue to build on these very encouraging results by drilling the deposit further, as we have only explored a small section of it to date. In addition, with the current strong fundamentals for gold, we are also looking to further develop our Canadian gold properties through joint venture or other initiatives."

George Coburn P.Geo., President and CEO of Stroud, is the Qualified Person within the meaning of National Instrument 43-101 for the Santo Domingo project and was responsible for preparing the scientific and technical information contained in this news release.

Stroud is a debt-free exploration company focused on the discovery and exploration of silver and gold deposits in Mexico and Ontario. Stroud owns a 100% interest in the Santo Domingo epithermal silver-gold project in central Mexico. In addition to the Santo Domingo project, Stroud's assets include 100% interests in the Hislop gold property, near Timmins, Ontario and the Leckie gold property, near North Bay, Ontario. Stroud also generates cash flow from a 3.75% interest in six natural gas, and natural gas condensate wells in central Alberta

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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