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15.02.2019
Starcore International Mines Announces 3rd Quarter Production Results

Starcore International Mines Announces 3rd Quarter Production Results

 

Vancouver, British Columbia–(February 14, 2019) – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “Company”) announces production results for the third quarter of fiscal 2019, ended January 31, 2019, at its San Martin Mine (“San Martin”) in Queretaro, Mexico.

 

San Martin Production

Q3 2019

Q2 2019

Q/Q Change

YTD 2019

YTD 2018

Y/Y Change

Ore Milled (Tonnes)

71,058

81,419

-15%

229,900

197,743

16%

Gold Equivalent Ounces

3,982

4,050

-2%

12,300

8,966

37%

Gold Grade (Grams/Tonne)

1.8

1.4

23%

1.57

1.58

-1%

Silver Grade (Grams/Tonne)

33.17

43.49

-31%

42.12

14.21

196%

Gold Recovery (%)

84.2

86.9

-3%

86.32

83.37

4%

Silver Recovery (%)

59.96

58.7

2%

59.34

52.68

13%

Gold:Silver Ratio

83.74:1

82.43:1

 

81.64

75.43

 

 

Salvador Garcia, P. Eng., a director of the Company and Chief Operating Officer, is the Company’s qualified person on the project as required under NI 43-101and has prepared the technical information contained in this press release.

 

About Starcore

 

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This base of producing assets is complemented by exploration and development projects throughout North America. The company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.

 

ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

 

Signed “Robert Eadie”

Robert Eadie, President & Chief Executive Officer

 

FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE

Telephone: (604) 602-4935

Toll Free: 1-866-602-4935

Email: readie@starcore.com

 

The Toronto Stock Exchange has not reviewed, nor does it accept responsibility for the adequacy or accuracy of this press release.



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