December 08, 2006 09:25 ET

Full Results from Hole SD-12 Released, Stroud Hits Semi-Massive Silver, Zinc, Lead Mineralized Zone in Mexico

TORONTO, ONTARIO--(CCNMatthews - Dec. 8, 2006) - Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud" or the "Company") is pleased to report the full results of Hole SD-12 are available from its current 900 metre drill programme at the Santo Domingo Project in central Mexico.

Drill hole SD-12 intersected a semi-massive mineralized zone grading 92.00(g/t) silver, 0.84(g/t) gold, 5.73% zinc, 2.94% lead and 0.12% copper over 4.5 metres or 837.30(g/t) silver equivalent(i). The upper mineralized section of the hole assayed at 105.30(g/t) silver and 0.95(g/t) gold over 4.5 metres for a silver equivalent(i) of 148.00(g/t). The two upper sections of the hole previously not released assayed at 46.5(g/t) silver and 5.35(g/t) gold over 3.0 metres for a silver equivalent(i) of 292.60(g/t) and 65.25(g/t) silver and 0.33(g/t) gold over 6.0 metres for a silver equivalent(i) of 80.43(g/t).

Target Hole Depth Depth Length Silver Gold Cu Pb Zn Silver
From To (m) (g/t) (g/t) % % % Equivalent
(m) (g/t)
Reyes SD-12 42.50 45.50 3.00 46.50 5.35 292.60
Structure 65.00 71.00 6.00 65.25 0.33 80.43
73.50 78.00 4.50 105.30 0.95 148.00
105.00 109.50 4.50 92.00 0.84 0.12 2.94 5.73 837.30

(i) The following metal prices were used in the calculation
of silver equivalent used in this press release:
Silver USD14.05/oz, gold USD645.00/oz, copper USD3.15/lb, lead
USD0.80/lb, and zinc USD2.05/lb.

The widths above are drill intercepts and not true widths. True widths to
be determined.

The drill core sampling program includes the use of tamper proof sample bags, 10% blanks and certified standard reference samples. The drill core is sawed in half, with one half sent out for assay and the other half stored in Stroud's secure facility. The samples are subjected to full sample preparation followed by a 30g fire assay with a gravimetric finish. George Coburn P.Geo., President and CEO of Stroud Resources Ltd. is the qualified person within the meaning of National Instrument 43-101 for the project and has verified the data contained in this news releae, including sampling, analytical and test data. Analytical work is performed by ALS Chemex of Vancouver, BC, (ISO 9001 Certified assayer).

Stroud Resources Ltd.'s Annual General Meeting will be held today, Friday, December 8, 2006 at 2:00 p.m. in the Library Room of the Fairmont Royal York, 100 Front Street West, Toronto, Ontario, located on the mezzanine level. The meeting will be audio taped for playback on and will be available the week of December 11th. We encourage all shareholders and interested parties to come and meet the Board of Directors and management team on December 8th.

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 four natural gas, and natural gas condensate wells in central Alberta. Stroud's corporate goal is to create a mineral based company with projects that are characterized as world-class in status and with the potential for near-term production.

A map of the Santo Domingo-Mexico Silver-Gold Property is available at the following address:

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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