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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 nickgeoon May 01, 2012 3:31pm
232 Views
Post# 19858093

RE: Technical appointments

RE: Technical appointments

Hi,

From the company website:

"As a growth-oriented mining company, Starcore is focused on continued mineral production and development at our San Martin Mine, while aiming to identify, acquire, and develop additional high-quality gold and silver properties." 

With a significant cash flow after January 2013, they plan to pay a dividend and expand their mine and/or make a strategic acquisition.

Take care,

Nick

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