Starcore International Mines Ltd T.SAM

Alternate Symbol(s): SHVLF

Metals & Mining Industrial Metals & Minerals

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.

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Starcore International Mines Ltd

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Comment by elmoreno68on Jul 07, 2016 7:18am

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Post# 25030599

RE:RE:RE:RE:SAM mines high grade gold including 51 gms/ ton over 9 m!

2j3kl wrote: Your numbers are way too low.

51 gms per Ton is 1.7 oz per ton of gold and nearly 4 oz per ton of silver.

3000 tons of this would mean about 5000 oz of gold and 12,000 oz of silver for a total value of about
$9 million.

The 3000 tons being mined don't have the 51g/t, due to the dilution, they only have 9-11.5 g/t. They drifted along the drill hole.

I am waiting for real production numbers in the quarterlies.

elmoreno

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