September 14, 2005 08:49 ET

Stroud Announces Drilling Update/Extension to Warrant Expiration Date

TORONTO, CANADA--(CCNMatthews - Sept. 14, 2005) - Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud") Stroud announced today it has received the approval of the TSX Venture Exchange to extend the expiry date of 6,116,705 outstanding common share purchase warrants for approximately an additional three months to December 20, 2005. Each warrant currently entitles the holder to purchase one common share of Stroud at a price of $0.25 per share until September 29, 2005.

Drilling progress has been slower than anticipated due to delays caused by drill rig break downs and interruption of the water supply to the drill rig. These delays have been largely solved.

Drilling conditions are difficult with rubble zones (cave zones) and clay seams encountered in the holes. Casing advance techniques (where the casing follows close behind the drill bit) and nested drill rods (a technique enabling the contractor to drill inside a larger diameter drill rod and the larger diameter drill rod acts as casing) as well as mud and cement are being utilized to complete the holes.

Stroud is a debt-free exploration company focused on the discovery and exploration of silver and gold deposits in Mexico and Ontario. In addition to the Santo Domingo project in Jalisco, Mexico, 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 condensate wells in central Alberta.

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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