Stroud Resources Commences Phase 2 Drilling Program, Santo Domingo Project, Mexico

TORONTO, February 24, 2022 – Stroud Resources Ltd. (TSXV:SDR) (“Stroud” or the “Company”) is pleased to announce that it has begun its Phase 2 diamond drilling program on its Santo Domingo Silver Property (“Santo Domingo” or the “Property”), located in Hostotipaquillo Region of Jalisco, Mexico. A 3,500 m program is planned for this phase of drilling, targeting the newly discovered Zopilote Vein (previously “New Vein”), the Guadalupe Vein and the La Raya Vein on which there is a current National Instrument 43-101 mineral resource estimate (see Stroud news releases dated 20 November 2017).

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