Stroud Resources Announces 71% Increase in Measured and Indicated Resources at Santo Domingo, Mexico

TORONTO, ONTARIO--(Marketwired - Nov. 20, 2017) - Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud" or the "Company") has filed an updated, independent National Instrument 43-101 ("NI 43-101") Technical Report (the "Report") on its Santo Domingo Project (the "Property") located in the western silver-gold belt of the Sierra Madre Mountains of Mexico. The Property is located 90 km from Guadalajara in Jalisco Province; about 150 km south-west of First Majestic's San Silver Mine and 150 km south-east of Endeavour Silvers' Terronera Development Project. The Report was prepared by Derek McBride, P. Eng. using the exploration results from 16 diamond drill holes completed in 2011-2012, primarily on the La Raya and Guadalupe zones. It shows a significant increase in the measured and indicated and inferred mineral resource estimates from numbers previously reported in a 2010 Technical Report (press release of January 27, 2010).

Highlights

• Measured and Indicated resources increased to 25.74M silver equivalent ounces from 15.05M.
• Inferred Resources increased to 13.39M silver equivalent ounces from 10.68M.
• La Raya vein indicates a mineralized zone, 35 metres wide by 300 metres deep and over 700 metres along strike.
• Guadalupe vein is typically 15 to 30 metres wide.
• Five additional veins have been identified for future exploration, deeper into the hillside.

"Santo Domingo was first discovered in the 16^th century and although there have been several periods of small-scale mining over the last 400 years, little modern exploration was ever carried out on the Property," said Mirsad Jakubovic, CEO of Stroud, "We have now defined a significant silver deposit and believe we have merely scratched the surface. The strike length of the La Raya and Guadalupe zones have been drilled to a depth of approximately 150 metres, leaving considerable room to expand by drilling. With the technical sophistication available today, the opportunity exists to more sensitively and expertly extract these resources with the least amount of disruption and cost. The sites proximity to Guadalajara provides excellent access to roads and facilities, with power and water supply on-site."