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Bullboard - Stock Discussion Forum
Starcore International Mines Ltd
SHVLF
Primary Symbol:
T.SAM
Metals & Mining
Gold
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.
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TSX:SAM - Post Discussion
Starcore International Mines Ltd
> Starcore Announces 4th Quarter Production Results
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Betteryear2
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Post by
Betteryear2
on May 09, 2022 6:38am
Starcore Announces 4th Quarter Production Results
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2022) -
Starcore International Mines Ltd.
(TSX: SAM) ("Starcore" or "the Company") announces production results for the fourth fiscal quarter ended April 30, 2022, at its San Martin Mine ("San Martin") in Queretaro, Mexico. "This quarter's production was higher than previous quarters, but more importantly, we have achieved more stable production due to the consolidation of the exploration carried out during the year resulting in new higher-grade reserves," stated Salvador Garcia, Chief Operating Officer of the Company. "This has further entrenched our main objective of producing profitable ounces in all areas of the mine."
Starcore Announces 4th Quarter Production Results
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AlfTanner
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Comment by
AlfTanner
on May 09, 2022 10:22am
Great production results in Q4! Based on my calculations, Starcore is back to profitablility! I am expecting a profit of $200k to $800k in Q4. This is based on an average gold price of $1918.
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