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STARCORE INTL MINES LTD - $SHVLF STOCK NEWS

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Starcore International Mines Ltd. (TSX: SAM) has completed the field component of the 2023 exploration program at the 100%-owned Ajax Property located in northwestern B.C. The results generated several targets for continued exploration and detailed geological mapping. The property hosts the large Ajax porphyry molybdenum developed prospect that has been tested by 48 drill holes, and the secure drill core from previous drilling programs will be assayed for additional elements. Results are expected to be released in January, 2024.
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Starcore International Mines Ltd. (TSX: SAM) announces production results for the second fiscal quarter ended October 2023 at its San Martin Mine in Queretaro, Mexico. The mine returned to the level of monthly production planned for the 2023 - 2024 fiscal year, with additional ounces over budgeted amounts. The results reflect stable production, efficient processing, and plans to increase reserves and the Life of Mine.
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Starcore International Mines Ltd. reports results of annual general meeting
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Starcore International Mines Ltd. reports Q1 results with cash on hand of $5.7 million and working capital of $6.2 million. Gold and silver sales totaled $6.23 million. Loss from mining operations was $0.75 million. Loss per share was $0.03. EBITDA loss was ($0.8) million. Production highlights include equivalent gold production of 1,918 ounces and mine operating cash cost of US$2,158/EqOz.
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Starcore International Mines Ltd. begins exploration program on Ajax Property, generating several targets for follow-up. Property acquired in 2015, drill core to be resampled and assayed for additional elements. Located near other mineralized systems in Golden Triangle.
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STARCORE INTL MINES LTD

OTC:SHVLF

SHVLF Rankings

SHVLF Stock Data

6.86M
56.95M
28.22%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Vancouver

About SHVLF

at starcore we are a growth-oriented producing mining company focused on the acquisition and development of high quality gold and silver properties. our goal is to impact the mexican mining community through strategic exploration and sustainable business plans. currently starcore operates the san martin gold and silver mine. san martin has excellent potential for exploration, both on active mining properties as well as on exploration holdings. the san martin project is located 50 km east of the city of querétaro in querétaro state, and about 250km northwest of mexico city. high grade mineralization was discovered at san martin in the 18th century, and is reported to have been mined over a period of 40 years; however, no production records exist. between 1900 and 1924, an estimated 250,000 tonnes grading 15 g au/t and 100 g ag/t was reportedly mined.