Starcore International Mines Ltd. is pleased to report that the Company has paid out CAD$3,000,000 of secured Bonds, plus accrued interest of CAD$235,410, ahead of the Bonds' June 18th 2020, maturity date. In addition to this debt repayment, the Company had also repaid a US$1,000,000 loan due April 25th, 2020. The payments were made from the Company's cash flow generated from mine operations and prior asset sales. "We are [...]
Starcore International Mines is pleased to report the receipt of the final payment of US$200,000 to complete the sale of its subsidiary, Altiplano Goldsilver, which owns the processing facility in Matehuala. The subsidiary was sold pursuant to a sale agreement dated July, 2019 for US$1.6 million received over 10 months to May 31, 2020. The decision to sell Altiplano was put into motion earlier in 2019, after it was [...]
Starcore International Mines Ltd. announces production results for the fourth quarter, ended April 30, 2020, at its San Martin Mine in Queretaro, Mexico. "We are continuing as planned to mine profitable ounces and focus on strict cost controls. Despite the lower than planned gold and silver grades during this quarter, new exploration has discovered better grades that we expect to reach by drifting in the next quarters [...]
Starcore International Mines Ltd. announces that effective today shares of the Company have been approved to commence trading on the OTCQB under the symbol: SHVLF. This listing on the OTCQB compliments the Company's listings on the Toronto Stock Exchange and the Frankfurt Stock Exchange. "We are pleased to upgrade to the OTCQB venture marketplace and adhere to the transparency and extra reporting that are required," said [...]
Starcore International Mines Ltd. has filed the results for the third quarter ended January 31, 2020 for the Company and its mining operations in Queretaro. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website or SEDAR. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian [...]
Starcore International Mines Ltd. announces production results for the third fiscal quarter ended January 31, 2020, at its San Martin Mine in Queretaro. "The results of our operational excellence programs at the San Martin mine are starting to gain traction and have resulted in improved production, gold grade and gold recovery quarter over quarter," reported Salvador Garcia, Chief Operating Officer of the Company. "Our [...]
Starcore International Mines Ltd. is pleased to announce that the Company has started a surface exploration drilling program of 3000 meters on the Santa Elena target , in Querétaro, Mexico. The Company is conducting an exploration program that will consist of 10 holes between 200 to 400 meters each targeting the Santa Elena vein, which is thought to be a mirror of the San Martin vein, a typical epithermal [...]
Starcore International Mines Ltd. is pleased to announce that the company has staked additional claims near its principal producing gold property, the San Martin gold mine, in Querétaro, Mexico. The geology department has completed a staking initiative that includes new claims to the west of the current mineral rights of the San Martin mine on private property, that holds exploration and development upside. The new [...]
Starcore International Mines has filed the results for the second quarter ended October 31, 2019 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar [...]
Starcore International Mines Ltd. released today its updated NI 43-101 for its San Martin Mine entitled "Reserves and Resources in the San Martin Mine, Queretaro State, Mexico as of September 30, 2019" authored by Erme Enriquez C.P.G., BSc, MSc. The Report has been filed on SEDAR and is also available on the company's website www.starcore.com. Starcore's updated mineral reserve and resource estimate for San Martin [...]
Starcore International Mines Ltd. announces production results for the second quarter of fiscal year 2019 / 2020, ended October 31, 2019, at its San Martin Mine in Queretaro, Mexico. "We are continuing with the plan to mill higher grade ore producing more profitable ounces and we believe we are on the right track. This last quarter has reflected all the measures taken to reduce costs and improve ore grade and we have [...]
Starcore International Mines Ltd. reports the results of its annual general meeting of shareholders held on November 4, 2019. Shareholders elected all directors nominated by management, as follows: Director Percentage of Votes For Gary Arca 96.74% Robert Eadie 96.66% Jordan Estra 97.90% Salvador Garcia 98.23% Cory Kent 96.90% Tanya Lutzke 98.12% Ken Sumanik 98.16% Federico Villaseñor 99.62% At the Meeting [...]