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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

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

Post by gpwildon May 02, 2022 11:20pm
193 Views
Post# 34649972

Weird Starcore Press release from today

Weird Starcore Press release from todayNever heard of this Summit Lake project or this Starcore subsidiary Tenajon resources. WTF?


Vancouver, British Columbia--(Newsfile Corp. - May 2, 2022) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore") and Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) ("Scottie") are pleased to announce that Scottie has acquired the 3% net smelter royalty interest ("NSR") attached to the Summit Lake Property in the Skeena Mining Division of British Columbia. Tenajon Resources Corp., Starcore's wholly-owned subsidiary, held the 3% NSR in and to certain located mineral claims and crown granted mineral claims comprising the Summit Lake Property, over which Scottie has an option to purchase a 100% interest.

Scottie acquired the NSR from Starcore's subsidiary in consideration of $1.6 million. The Summit Lake claims are contiguous with the Scottie Gold Mine property and are within the prolific Golden Triangle of Northern British Columbia.

STARCORE INTERNATIONAL
MINES LTD.

SCOTTIE RESOURCES CORP.

Signed "Robert Eadie"
Robert Eadie, President & Chief Executive Officer

Signed "Brad Rourke"
Brad Rourke, President & Chief Executive Officer

 

FOR FURTHER INFORMATION PLEASE CONTACT:

STARCORE INTERNATIONAL
MINES LTD.

Robert Eadie
Telephone: (604) 602-4935
Toll Free: 1-866-602-4935
Email: readie@starcore.com

SCOTTIE RESOURCES CORP.

Brad Rourke
President and CEO
+1 250-877-9902
brad@scottieresources.com

Gordon Robb
Business Development
+1 250-217-2321
gordon@scottieresources.com


About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This base of producing assets is complemented by exploration and development projects throughout North America. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.

About Scottie Resources

 
 

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