Starcore International Mines Ltd T.SAM

Alternate Symbol(s): SHVLF

Metals & Mining Gold

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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Post by handyrandy321on Aug 12, 2020 7:38pm

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Post# 31400846

Production up costs down sounds right direction

San Martin Production	Q1 2021	Q4 2020	Q/Q Change	YTD 2021
Ore Milled (Tonnes)	59,099	56,596	4%	59,099
Gold Equivalent Ounces	3,259	2,925	11%	3,259
Gold Grade (Grams/Ton)	1.70	1.65	3%	1.70
Silver Grade (Grams/Ton)	29.17	25.32	15%	29.17
Gold Recovery (%)	88.77	88.72	0%	88.77
Silver Recovery (%)	56.53	55.77	1%	56.53
Gold: Silver Ratio	97.22	102.59		97.22

"The operational excellence programs and strict cost control have proven successful with higher productivity, better grade and a total cost reduction" said Salvador Garcia, COO of the Company. "We are continuing to produce profitable ounces and taking advantage of the current gold and silver price environment.

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