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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 TheRock07on Jul 13, 2016 7:53am
160 Views
Post# 25047356

RE:News...SAM drills Elephant Prospect in Nevada

RE:News...SAM drills Elephant Prospect in NevadaToyaibe Project is located approximately 78 miles south-southwest of Elko, Nevada and is located only six miles south from one of Barrick Gold’s 5 core mines, Cortez Hills, which hosts over 9.9 million oz1.

Other recent nearby discoveries include the ET Blue project 6 miles east and Red Hill about 10 miles east. Each of the discoveries is currently under development by Barrick, and is similar in genesis and host rocks to Toyaibe.

Approximately 175,000 oz of low grade bulk mineable resource has already been defined by historical drilling.

This drilling program will expand this resource but more importantly include deeper holes seeking to find the high grade source of the shallower mineralization.
Barrick continues to uncover these deeper sources which typically yield 0.75 oz per ton....23 gms per ton...and can be mined at very low cash costs.

Hence the elephant hunt..
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