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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 mikenovakon Jul 10, 2004 1:13pm
219 Views
Post# 7695364

Silver property from Wheaton!

Silver property from Wheaton!The property SAM.V has aquired from Wheaton River is in Mexico and within months will be a producing silver mine with substantial grades of lead/zinc. I know the property's previous owners(prior to Wheaton) had a prefeasibility study prepared by Pincock, Allen & Holt out of Colorado. I'm not sure this will be 43-101 compliant, however the property hasn't changed since the favorable report was completed in the late 80's. I like the company Pres/Geo. Bob Sibthorpe, experienced on the finance side and was senior mgnt with Ivanhoe. I think 11M shares out on Starcore.
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