June 14, 2007 08:00 ET

Stroud Acquires Option on Santa Cruz Silver Gold Property in Mexico Containing High Grade Silver

TORONTO, ONTARIO--(Marketwire - June 14, 2007) - Stroud Resources Ltd. (TSX VENTURE:SDR)("Stroud" or the "Company") announced today that it has entered into an agreement under which it may acquire a 100% interest in the 4800 hectare Santa Cruz silver gold property located 50 kilometers south of Culiacan (please refer to map). Pursuant to the agreement, Stroud can earn a 100% interest by making cash payments to the optionors of US$145,000 and by issuing to the optionors, subject to regulatory approval, 145,000 shares of Stroud over a 3 year period. The optioners will retain a 1.5% net smelter return royalty on the property of which 1.25 percent can be purchased for US$1,250,000 at any time by the Company. Stroud also has an agreement with owners of the surface rights, allowing Stroud to carry out exploration work on the property at no charge over the three year period. Numerous adits were driven into the property in the 1800's. In a 1955 report prepared for the Pacific Metals Company silver production was reported to have reached approximately 70,000 ounces a month during the late 1800's.

Historical records and onsite visits of the Santa Cruz Silver / Gold property confirm the presence of multiple vein sets. This is the same pattern as found throughout the Sierra Madre Occidental and which have shown significant new potential when evaluated using modern exploration techniques; Minefinders' Dolores and Gammon Lake's Ocampo deposits are two recent examples. In the past these veins supported a significant mining operation for some period of time.

The Santa Cruz Property has undefined potential along strike and at depth. It has never been drilled and the existing workings have penetrated only part way along each vein system. This property is fairly open forest with many old roads and nearby access to power and a major river.

The following Samples were taken on the property:

Sample Location Type of Sample Au Ag Cu Pb Zn
Number (g/t) (g/t) % % %
542513 Yesos (Santa Cruz) 1 metre 1.16 253
Vein end chip sample
542514 El Salon Vein end 1 metre 0.38 189
chip sample
542524 El Salon Vein 1 metre less less
(wall) chip sample than than
0.05 5
D-M-001 Los Yesos Dump Composite Chip 6.56 142 0.01 0.12 0.13
D-M-002 Los Yesos Dump Composite Chip 4.24 365 0.01 0.08 0.17
D-M-003 Los Angeles Dump Composite Chip 7.92 541 0.03 0.08 0.13
D-M-004 Guadalupe Dump Composite Chip 7.10 4100 0.13 0.69 0.48
D-M-005 Guadalupe NE end Chip across vein 4.76 32 less 0.01 0.02
of Vein than

The samples are subjected to full sample preparation followed by a 50g fire assay with a gravimetric finish. George Coburn P.Geo., President and CEO of Stroud is the qualified person within the meaning of National Instrument 43-101 for the project and has verified the data contained in this news release, including sampling, analytical and test data. Analytical work was performed by ALS Chemex (ISO 9001 Certified Assayer).

For a map of the Major Silver-Gold Belts in Mexico, please click on the links below:

General Geology

Mineralization in the Sierra Madre Mountains of West Central Mexico consists mainly of subvertical silver-gold veins cutting a flat lying felsic - mafic volcanic sequence. The Dolores deposit of Minefinders and and the Ocampo deposit of Gammon Lake share many characteristics with the Santa Cruz Property, but the host rocks at Santa Cruz are limestones and conglomerates, not the andesitic and felsic volcanic rocks prevelant at the other deposits. At Delores, the veins are near feeder dikes and plugs, which are part of a major volcanic centre. Similar volcanic centres have not been identified near the Santa Cruz mineralization, but may be found by more detailed investigations as volcanic rocks dominate the regional geology.

Near the Yesos adit the host rocks are moderately dipping white bedded limestones. Elsewhere the host rocks have been described as grey to dark grey limestones. According to the Mexican Government Geological Survey (CRM) the lower westerly adits lie within a conglomerate. The contact with the overlying limestone seems to dip moderately southeasterly at about 20 degrees.

Attitudes of the Yesos or Santa Cruz vein shows that it strikes northwest-southeast and dips from 45 to 65 degrees southwesterly. The vein was investigated on surface and four levels by adits; it seems to be continuous for 1500 metres. Adits have probed it from the northwest and southeast. Some of these are accessible. Old pits and adits suggest at least four parallel veins are present. Of these, El Salon and its associated veins lie some 650 metres to the northeast and seem to form a parallel system. Similarly La Pieta Vein and an associated vein were investigated 350 metres to the southwest. In the southern part of the property other veins such as the El Puerto, La Consentida, La Correlitos, Santa Rita, El Puerto and Sin Nombre have been traced on the CRM map; very little is known of their extent or mining history. Only the Correlitos was visited, and its mine openings suggest a much more significant mining history than indicated from existing maps.

This News Release may contain forward-looking statements that may involve a number of known and unknown risks and uncertainties. Actual events or results could differ materially from the Company's forward-looking statements and expectations.

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. 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.

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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