- Business
- Stroud Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration, and development of precious metal properties in Mexico and Canada. The company operates in two segments, mineral exploration and oil and gas exploration and development; it primarily explores for silver and gold deposits, holding 100% interests in the Santo Domingo epithermal silver-gold project comprising 135 hectares of mineral and surface rights in Jalisco State, Mexico, as well as net smelter royalties of 0.5% on the Hislop Gold project and 1.0% on the Leckie Gold project, both in Ontario; it also maintains a 3.75% interest in six natural gas producing properties in central Alberta. Founded in 1983 and headquartered in Toronto, Ontario, Stroud conducts operations through its wholly owned Mexican subsidiary, Compañia Minera San Diego y La Espanola S.A. de C.V., targeting prolific mining districts along the Sierra Madre silver-gold belts with historical production exceeding hundreds of millions of ounces. Recent developments include the appointment of Conor O'Brien as an independent non-executive director in September 2025 to bolster capital markets expertise, alongside ongoing advancement of the Santo Domingo project through planned drilling programs and a new NI 43-101 technical report confirming significant deposits, with no major acquisitions, funding rounds, or partnerships announced in the past 1-2 years.