Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 tovitekovichon Sep 22, 2022 11:19am
110 Views
Post# 34979045

DEEP VALUE OF STARCORE INTERNATIONAL MINES - READ THIS

DEEP VALUE OF STARCORE INTERNATIONAL MINES - READ THIS

Starcore International Mines Highlights

FINANCIALS

Current marketcap: $8,350,000 CAD

Current cash position: $8,000,000 CAD

Current Debt: Nil

Outstanding shares fully diluted: 58,646,851

 

PROPERTIES AND LANDHOLDINGS

Total landholdings: 29160 hectare or 112.58 square miles

 

SAN MARTIN PROPERTY

Landholding: 12991 hectare

Current status: Producing

Metals: Gold & Silver

Production numbers: 11,000+ equivalent gold ounces / year & 80,000+ equivalent silver ounces/ year

Potential: Production + Exploration upside

 

EL CRESTON PROPERTY / OPODEPE PROJECT

Landholding: 14,451 hectare

Current status: Exploration

Metals: Molbdenum, Copper, Gold & Silver

Exploration numbers: 335+ million pounds of molybdenum and 280+ million pounds of copper in the measured and indicated category

Potential: Exploration upside.  Copper porphry at depth + Gold & Silver potential on the property

 

AJAX PROPERTY

Landholding: 1718 hectare

Current status: Exploration

Metals: Molybdenum

Exploration numbers: 98+ million pounds of molybdenum in the indicated category and 649+ million pounds in the inferred category

Potential: Exploration upside. During a recent field work program rock samples assayed up to 4.1 g/t silver, 0.23% copper, greater than 100 g/t tungsten and 794 g/t cobalt.

 

OTHER

Starcore has an significant shareholding in an external exploration company 4,100,000 shares or 8.85% of the company which is currently valued at $328,000 CAD

<< Previous
Bullboard Posts
Next >>