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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

Starcore International Mines Ltd. is engaged in precious metals production with focus on Mexico. The Company is engaged in extracting and processing gold and silver in Mexico through the San Martin mine in Queretaro, Mexico. The San Martin mine is located about 47 about kilometers (km) in straight line, northeast of Queretaro City, Queretaro State, on local road No.100 and about 250 km northwest of Mexico City, near the towns of Bernal, Tequisquiapan and Ezequiel Montes. The San Martin mine complex consists of eight mining claims that cover 12,991.7805 hectares (ha). Its Kimourko Gold Project is located in the Lac region of central Ivory Coast, about 40 km south of the capital, Yamoussoukro. Its other projects include the El Creston Project, the Opodepe Project, and the Ajax Project. The El Creston molybdenum property is located in the State of Sonora, Mexico. The Ajax Molybdenum Property consists of about 11,718 ha and is located 13 km north of Alice Arm, British Columbia.


TSX:SAM - Post by User

Comment by princey0on Jun 18, 2009 2:42pm
309 Views
Post# 16081747

RE: RE: Production Figures

RE: RE: Production FiguresNo sorry missed that but it hasn't made that much of a difference

Gold - 14956g = 527 oz / 2 = 263.5 oz @ $900 = $237,150
263.5 oz @ $750 = $197,625
Silver - 179,630g = 6336 oz @ $15 = $95,040

Total $529,815

minus production costs etc

As before not bad for two months work for a company valued at C$6.7m
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