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Starcore International Mines Ltd SHVLF


Primary Symbol: T.SAM

Starcore International Mines Ltd. is a Canada-based company, which is engaged in exploring, extracting, and processing gold and silver. The Company through its wholly owned subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. (Bernal), which owns the San Martin mine in Queretaro, Mexico. It is also engaged in acquiring mining related operating assets and exploration assets in North America. Its San Martin mine is located approximately 50 kilometers (km) east of the City of Queretaro, Mexico, and consists of mining concessions covering approximately 13,077 hectares (ha), which includes seven underground mining units and four units under exploration. Its Ajax Molybdenum property, approximately 1,718 hectares in size, hosts the Ajax Porphyry Molybdenum Deposit. Its Opodepe project consists of the Teocuitla and El Creston properties. Its El Creston molybdenum property is located in the State of Sonora, Mexico. Its Toiyabe Gold Project is located in Lander County, Nevada, United States.


TSX:SAM - Post by User

Comment by tovitekovichon Dec 22, 2022 1:55pm
134 Views
Post# 35187620

RE:RE:AJAX RESULTS TO GRAMS PER TONNE

RE:RE:AJAX RESULTS TO GRAMS PER TONNE

Ajax was part of the creston land packages, which was once valued over 200 million dollars based on the molybdenum resources, while we still have potential to find more molybdenum mineralization as well as copper, the interesting part is the noteable cobalt findings as well for the zinc and lead because there where is zinc and lead you have a high chance for silver.

Very interesting property overall.

I cannot say often enough that we as a company are greatly diversified, producing gold and silver mine with all the exploration potential, decent cash position, strong share structure, well defined molybdenum/copper resources including big landpackages that we can explore as well for other metals including gold and silver and other metals like cobalt, tungsten etc.

Molybdenum is also trading for days above $25/lbs which is underlying value for our company, also molybdenum is not only important for the battery space, but if the world would turn to nuclear power, molybdenum is a very important metal for the entire sector because of its properties as a metal. The usecases for it are endless.

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