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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

Comment by tovitekovichon May 17, 2022 8:31am
85 Views
Post# 34688606

RE:RE:POTENTIAL JOINT VENTURE INCOMING !

RE:RE:POTENTIAL JOINT VENTURE INCOMING !

They are doing a study with that 500K to confirm the presence of a copper porphry at depth, i think little holes will be drilled at this point. Also 500k maybe looks small but they need to carefully deploy the money and that is what they are doing right now in my opinion, we know now that there is gold and silver on the Creston property, if we now can confirm that there is a copper porphry at depth than it adds up, and can work from there. It is also abosolutely crucial that Starcore is holding an x percentage of cash in the bank at this point, because alot of things are happening in the world right now.

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