STROUD RESOURCES LTD.
TSX VENTURE : SDR

STROUD RESOURCES LTD.

March 22, 2006 10:26 ET

Stroud To Buy Amerix's 50% Interest In Santo Domingo Silver Project

TORONTO, ONTARIO--(CCNMatthews - March 22, 2006) - Stroud Resources Ltd. (TSX VENTURE:SDR)("Stroud") is pleased to announce that it has entered into an agreement with Amerix Precious Metals Corporation ("Amerix") for the purchase of Amerix's 50% interest in the Santo Domingo silver-gold project in Jalisco, Mexico, giving Stroud 100% ownership. The purchase price for the 50% interest is Cdn$1.8 million payable at closing. In addition, on closing Stroud will grant Amerix a royalty equal to 5% of the net proceeds from the sale of minerals from the project, to a maximum of Cdn$1.0 million. The transaction is conditional on Stroud raising a minimum of Cdn$1.5 through an equity financing by no later than June 21, 2006. Stroud has provided Amerix with a deposit of Cdn$125,000 pending completion of the transaction. The deposit is non-refundable if the transaction is not completed due to Stroud failing to complete the required financing or as a result of a default by Stroud. The transaction is subject to all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

George Coburn, President and Chief Executive Officer of Stroud stated: "We are thrilled to be able to consolidate our ownership in a project we are intimately familiar with and one which we still feel possesses tremendous potential. This transaction also allows Amerix to concentrate its efforts on its 100% owned Brazilian gold properties".

The Spanish mined soft weathered mineralization in 1600s from ten adits on the Santo Domingo project, until they were forced to stop as silicified ore was too hard to mine. Noranda did some sampling and limited drilling in 1954 and 1973 on the property. In 1994 the government agency Consejo de Recursos Minerales (C.R.M.) took 347 assays of the rock dumps on the property. The C.R.M. calculated the rock dumps contained 21,633 tons averaging 1.5 grams gold (0.044 oz Au) and 309 grams silver (9.04 oz Ag). The history of the property and prior exploration activity is detailed in an independent technical report on the property prepared by Behre Dolbear (the "Technical Report") and filed on SEDAR in June 2003. The Technical Report is available for viewing at www.sedar.com.

Stroud intersected the La Rayas mineralized zone with three drill holes in 1999 (see attached chart for highlights). The results of the 1999 drill program are detailed in the Technical Report. In 2005 Stroud with partner Amerix drilled three holes, two in the La Rayas mineralized zone and one in the Guadalupe mineralized zone, (see attached chart for highlights). The results of the 2005 drill program were previously disclosed in the company's news release dated December 23, 2005. George Coburn P.Geo., President and CEO of Stroud is the qualified person within the meaning of National Instrument 43-101 for the project.

These drill results when coupled with previous samplings and assays suggest Santo Domingo has two mineralized zones. The La Rayas zone averages 35 meters in width and 700 meters in length, the Guadalupe zone widths average 15 to 20 meters and has a strike length of approximately 750 meters.

A drill program of an additional 900 meters is planned. Stroud is currently finalizing arrangements with the drill contractor for changes to the drill rig and personnel in order to improve drilling efficiencies.



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Silver
Equiv-
Target Hole Depth Depth alent
From to Length Silver Gold (gpt)
(m) (m) (m) (gpt) (gpt) (59:1)
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Guadalupe
structure SD-06 52.8 70.2 17.4 83.35 0.4277 108.59
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(incl.) 54.21 59.35 5.14 114.7 0.5533 147.34
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Rayas
Structure SD-7 32.6 35.8 3.2 56.59 0.3763 78.8
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52.2 62.7 10.5 83.66 2.2035 213.67
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(incl.) 55 58.2 3.2 167.956 6.6407 559.76
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Rayas
Structure SD-08 35.3 66.76 31.46 77.22 0.1661 87.02
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(incl.) 35.3 45.3 10 170.98 0.2685 186.82
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(incl.) 35.3 39.5 4.2 341.71 0.4943 370.87
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(incl.) 62.76 66.76 4 103.59 0.4515 130.23
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86 88.54 2.54 80.23 0.0669 84.18
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Rayas
Structure SD-08W 157.1 163 5.9 57.34 0.5454 89.52
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Rayas
Structure SD-99-2 51.00 75.00 24.0 228.1 0.57 261.73
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(incl.) 58.00 75.00 17.0 283.5 0.72 325.98
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Rayas
Structure SD-99-3 20.70 66.00 45.3 131.6 0.39 154.61
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(incl.) 22.00 34.00 12.0 286.8 0.95 342.85
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(incl.) 59.00 66.00 7.0 224.6 0.57 258.23
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Rayas
Structure SD-99-4 50.00 74.00 24.0 79.20 0.21 91.59
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- Silver equivalent values are based on 59 grams of silver equals one gram of gold, calculated on a gold price of US$505 and silver price of US$ 8.50. The widths above are drill intercepts and not true widths.

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, 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.

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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