CHEAPEST MINER ON THE TSX Starcore International Mines Highlights
FINANCIALS
Current marketcap: $8,630,000 CAD
Current cash position: $8,000,000 CAD
Current Debt: Nil
Outstanding shares fully diluted: 58,646,851
PROPERTIES AND LANDHOLDINGS
Total landholdings: 29160 hectare or 112.58 square miles
SAN MARTIN PROPERTY
Landholding: 12991 hectare
Current status: Producing
Metals: Gold & Silver
Production numbers: 11,000+ equivalent gold ounces / year & 80,000+ equivalent silver ounces/ year
Potential: Production + Exploration upside
EL CRESTON PROPERTY / OPODEPE PROJECT
Landholding: 14,451 hectare
Current status: Exploration
Metals: Molbdenum, Copper, Gold & Silver
Exploration numbers: 335+ million pounds of molybdenum and 280+ million pounds of copper in the measured and indicated category
Potential: Exploration upside. Copper porphry at depth + Gold & Silver potential on the property
AJAX PROPERTY
Landholding: 1718 hectare
Current status: Exploration
Metals: Molybdenum
Exploration numbers: 98+ million pounds of molybdenum in the indicated category and 649+ million pounds in the inferred category
Potential: Exploration upside. During a recent field work program rock samples assayed up to 4.1 g/t silver, 0.23% copper, greater than 100 g/t tungsten and 794 g/t cobalt.
OTHER
Starcore has an significant shareholding in an external exploration company 4,100,000 shares or 8.85% of the company which is currently valued at $246,000 CAD