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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

Post by tovitekovichon May 27, 2021 8:29pm
87 Views
Post# 33283584

Starcore International Mines - daily overview - 05-28-2021

Starcore International Mines - daily overview - 05-28-2021

Closing price: $0,23 with a total volume for today of 16,200 shares which represents 0.03% of the total fully diluted supply (53,000,000)

TSX volume: 11,200

Change: - 4.17%

Marketcap: $11,419,000

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Starcore International Mines:

Producing gold and silver mine San Martin with a production of 11,797 oz AuEq in fiscal 2021

100% interest in a advanced exploration project El Creston with a NPV of $500,000,000+ at a molybdenum price of $15/lbs and a copper price of $2,60/lbs, the project containing molybdenum, copper and gold (goldportion not drilled yet)

100% interest in the Ajax molybdenum project (molybdenum deposit with indicated resources of 98,900,000 lbs and inferred 649,800,000 lbs both at a cutoff of 0.04%

$4,000,000+ in cash

Debt free mining company

Shareholding in IM Exploration with 4,100,000 shares

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