Stroud Resources Ltd. provided a summary of its 2021-2022 drilling program, completed at its Santo Domingo Silver Property ("Santo Domingo or the "Property"), located in the municipality of Hostotipaquillo, State of Jalisco, Mexico. The 2021-2022 exploration drilling program consisted of approximately 9,936 m in 32 diamond drill holes and selected results from this drilling are provided in Table 2. The drilling program was designed to explore the extent of known epithermal vein-hosted silver mineralization on the Property and to begin to define additional silver- mineralized zones and vein systems which were anticipated to run parallel to the existing La Raya and Guadalupe silver vein systems. To date, the Santo Domingo Project has approximately 85 drill holes totaling 18,184 metres. Highlights: Discovery of third silver-vein system (Zopilote Zone) parallel to the Guadalupe and La Raya zones.

SD-21-49: 625 g/t AgEq1 over 1.55 m (Guadalupe East Zone). SD-21-74: 680 g/t AgEq over 1.65 m (Guadalupe East zone). SD-21-50: 230 g/t AgEQ over 10.35 m (La Raya Zone).

SD-21-71: 159 g/t AgEq Over 36.80 m (La Raya Zone); SD-21-75: 152 g/t AgEqover 34.70 m (La Raya Zone), SD-21-52: 196 g/t AgEq under 15.10 m and 233 g/t AgEq across 6.45 m (La Raya Zone"). SD-21-58: 173 g/t AgEq for 1.05 m (Zopilote Zone). SD-21-81: 147 g/t AgEq within 32.15 m (Zopilote zone).

(1 AgEq is calculated using a silver to gold ratio of 75:1, USD 1,500/oz gold, USD 20/oz silver, and recoveries of 100%.)Figure 1 shows the new Zopilote vein system that is west and parallel to the La Raya and Guadelupe zones. The La Raya vein system is approximately 35 m wide by 300 m down-dip and over 700 m along strike. The Guadalupe vein system is typically 15 to 30 m wide.

Hostotipaquillo Region, Mexico The Hostotipaquillo region has seen extensive drilling over the last three years.