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 AlfTanneron Nov 15, 2021 10:16am

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Post# 34126854

Solid Q2, but earnings will be lower

This was a solid Q2, but gold only averaged around $1781 in Q2, and production was a little lower than in Q1. I do not expect the blow out quarter of US$0.7M that we saw in Q1. I am expecting somewhere in the range of breakeven to US$0.4M in Q2.

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