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Starcore International Mines Ltd SHVLF


Primary Symbol: T.SAM

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 tovitekovichon Dec 22, 2022 1:55pm
154 Views
Post# 35187620

RE:RE:AJAX RESULTS TO GRAMS PER TONNE

RE:RE:AJAX RESULTS TO GRAMS PER TONNE

Ajax was part of the creston land packages, which was once valued over 200 million dollars based on the molybdenum resources, while we still have potential to find more molybdenum mineralization as well as copper, the interesting part is the noteable cobalt findings as well for the zinc and lead because there where is zinc and lead you have a high chance for silver.

Very interesting property overall.

I cannot say often enough that we as a company are greatly diversified, producing gold and silver mine with all the exploration potential, decent cash position, strong share structure, well defined molybdenum/copper resources including big landpackages that we can explore as well for other metals including gold and silver and other metals like cobalt, tungsten etc.

Molybdenum is also trading for days above $25/lbs which is underlying value for our company, also molybdenum is not only important for the battery space, but if the world would turn to nuclear power, molybdenum is a very important metal for the entire sector because of its properties as a metal. The usecases for it are endless.

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