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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 moorageon Feb 05, 2023 3:56am
72 Views
Post# 35267392

RE:RE:MOLYBDENUM UP ANOTHER 3% FOR THE DAY

RE:RE:MOLYBDENUM UP ANOTHER 3% FOR THE DAYMolybdenum technology could replace cobalt

Increasing concern regarding the global energy crisis and environmental pollution has stimulated worldwide research of the sustainable and renewable energy storage systems. Modern battery technology moves electric cars, assists with storing emergency power, keeps satellites used for national security in orbit and powers portable electronic devices which has made nearly every aspect of life, mobile. Emerging technology is making it conceivable that airplanes and even entire cities could soon be powered by batteries and solar energy. Based on this research, molybdenum technology could replace cobalt and deliver at least 4 to 5 times more power than the cobalt-based batteries. The impact of molybdenum on the battery industry is still developing but all research is projecting favorable outcomes.

https://cumoproject.com/molybdenum/research-and-innovations/
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