TORONTO, ONTARIO--(Marketwire - July 23, 2008) - Stroud Resources Ltd. (TSX VENTURE:SDR)("Stroud") today announced more encouraging results from its current drill program at the Santo Domingo project in central Mexico. The latest two drill holes have further extended to the northwest the wide mineralized zone encountered on the Rayas structure.

Drill hole #27 encountered the widest mineralized section reported by the company to date. A 50-metre step out hole was drilled to the northwest from the last holes reported on June 20th 2008.

Drill hole #26, drilled on section 5582 North, intersected a number of excellent grade mineralized zones. DDH-26 was drilled on the same section as DDH-23, DDH-24 and DDH-25, and intersected 12.2 metres of 281.2 g/t silver and 0.80 g/t gold which translates to a silver equivalent(1) of 322.8 g/t, including 7.65 metres of 356.09 g/t silver and 1.09 g/t gold, for a 412.72 g/t silver equivalent(1). This same hole also intersected 641.0 g/t silver and 1.55 g/t gold over 1.55 metres, for a 658.16 g/t silver equivalent(1); and 4.5 metres of 122.41 g/t silver and 0.92 g/t gold, for a silver equivalent(1) of 170.25 g/t.

Drill hole #27 intersected a very wide zone of mineralization that assayed 158.83 g/t silver and 0.49 g/t gold over 97.6 metres, for a silver equivalent(1) of 184.31 g/t, including 61.0 metres of 220.27 g/t silver and 0.64 g/t gold for a silver equivalent(1) 253.55 g/t, and 1,521.20 g/t silver and 1.15 g/t gold over 4.6 metres, for a silver equivalent(1) of 1581.0 g/t.

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Structure    Hole    Depth   Depth  Length   Silver  Gold   Pb   Zn  Silver
                   from (m)  to (m)     (m)    (g/t) (g/t)   %    %  Equiv.
                                                                      (g/t)
                                                                        (1)
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---------------------------------------------------------------------------
Rayas
 structure DDH-26     31.1    43.3    12.2   281.20  0.80 0.40 0.54  322.80
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(section   (incl.)
 5583)                32.6   40.25    7.65   356.09  1.09 0.51 0.54  412.77
---------------------------------------------------------------------------
(-87
 degrees)            61.55   63.10    1.55   641.00  0.33 0.30 0.31  658.16
---------------------------------------------------------------------------
                    194.20  198.70    4.50   122.41  0.92 0.05 0.08  170.25
---------------------------------------------------------------------------


---------------------------------------------------------------------------
Rayas
 structure DDH-27      8.2   105.8    97.6   158.83  0.49 0.07 0.17  184.31
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(section
 5631)     (incl.)     8.2    69.2    61.0   220.27  0.64 0.09 0.21  253.55
---------------------------------------------------------------------------
(-45
 degrees). (incl.)   41.75   46.35     4.6  1521.20  1.15 0.18 0.21 1581.00
---------------------------------------------------------------------------


(1) The silver to gold ratio used for the Silver Equivalent calculations 
    is 52:1(Silver US$17.13 oz, goldUS$884.70/oz). Silver equivalent 
    represents gold and silver values only.
(2) The widths above are not true widths. True widths to be determined.

To view a map of the Santo Domingo-Mexico Silver-Gold Property, please visit the link below:

http://media3.marketwire.com/docs/sdr723.pdf

QA/QC

The drill core sampling program includes onsite supervision of sampling by Dr. Derek McBride, 10% blanks and certified standard reference samples. The drill core is sawed in half, with one half sent out for assay and the other half stored in Stroud's secure facility. The samples are subjected to full sample preparation followed by a 30 g fire assay with a gravimetric finish. George Coburn, P.Geo., President and CEO of Stroud Resources Ltd., is the Qualified Person within the meaning of National Instrument 43-101 for the project, and has prepared or supervised the preparation of all scientific and technical data contained in this news release, including sampling, analytical and test data. Analytical work is performed by ALS Chemex of Vancouver, BC, (ISO 9001 Certified assayer).

About Stroud Resources Ltd.

Stroud is a debt-free exploration company focused on the discovery and exploration of silver and gold deposits in Mexico and Ontario. Stroud owns a 100% interest in the Santo Domingo epithermal silver-gold project in central Mexico. 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 six natural gas and natural gas condensate wells in central Alberta.

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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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