Re: News - Monday, February 17, 2014
Title: Starcore Posts Third Consecutive +6,000 Ounce Quarter
Vancouver, B.C. - Starcore International Mines Ltd. (the "Company") announces production results for the fiscal 2014 second quarter, ending January 31, 2014, at its San Martin Mine in Queretaro, Mexico. For the third consecutive fiscal quarter, the San Martin mine has produced more than 6,000 gold equivalent ounces.
During Q2, a total of 78,509 tonnes were milled at an average grade of 2.55 g/t gold and 21 g/t silver, resulting in the production of 6,028 gold equivalent ounces. This represents an increase in production of 21% from the same quarter in the previous year.
Mill recoveries averaged 86.8% for gold and 51.9% for silver. These recovery rates compare very favorably to Q2, 2013 when recoveries were 79.7% for gold and 55.2% for silver.
David Gunning, 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.
ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.
Signed "Robert Eadie"
Robert Eadie, Executive Chairman, President & CEO
FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-602-4935
Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936
The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.
Copyright � 2014 STARCORE INTERNATIONAL MINES LTD. (SAM) All rights reserved. For more information visit our website at
http://www.starcore.com/ or send email to
info@starcore.com ..
|
Starcore International Ventures Ltd
|
|
PRODUCER |
CODE : SAM.TO |
ISIN : CA85525T1030 |
CUSIP : 85525T103 |
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Starcore International is a gold exploration company based in Canada. Starcore International produces gold, silver and zinc in Mexico, and holds various exploration projects in Mexico. Its main asset in production is SAN MARTIN (MEXICO) in Mexico and its main exploration properties are CERRO DOLORES and EL TRANSITO in Mexico. Starcore International is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 4.9 millions as of today (US$ 3.6 millions, € 3.3 millions). Its stock quote reached its highest recent level on February 02, 2007 at CA$ 4.84, and its lowest recent point on December 05, 2019 at CA$ 0.05. Starcore International has 49 146 851 shares outstanding. |