Starcore Posts Third Consecutive +6,000 Ounce Quarter
18 February 2014 - 2:00AM
Marketwired
Starcore Posts Third Consecutive +6,000 Ounce Quarter
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 17, 2014) -
Starcore International Mines Ltd. (the "Company") (TSX:SAM)
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.
Robert Eadie, Executive Chairman, President & CEO
The Toronto
Stock Exchange has not reviewed nor does it accept responsibility
for the adequacy or accuracy of this press release.
Starcore International Mines Ltd.1-604-602-4935Toll Free:
1-866-602-49351-604-602-4936info@starcore.comwww.starcore.com
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