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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

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.


TSX:SAM - Post by User

Starcore International Mines Ltd
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Comment by elmoreno68on Jul 07, 2016 7:18am
190 Views
Post# 25030599

RE:RE:RE:RE:SAM mines high grade gold including 51 gms/ ton over 9 m!

RE:RE:RE:RE:SAM mines high grade gold including 51 gms/ ton over 9 m!
2j3kl wrote: Your numbers are way too low.

51 gms per Ton is 1.7 oz per ton of gold and nearly 4 oz per ton of silver.

3000 tons of this would mean about 5000 oz of gold and 12,000 oz of silver for a total value of about 
$9 million.





The 3000 tons being mined don't have the 51g/t, due to the dilution, they only have 9-11.5 g/t. They drifted along the drill hole. 

I am waiting for real production numbers in the quarterlies.

elmoreno


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