Starcore Produces 5,196 Equivalent Gold Ounces in Fiscal Q1

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 16, 2015) – Starcore International Mines Ltd. (the “Company”) (TSX:SAM) announces production results for the fiscal 2016 1st quarter, ending October 31, 2015, at its San Martin Mine in Queretaro, Mexico.

During Q1, a total of 78,016 tonnes were milled at an average grade of 2.22 g/t gold and 21 g/t silver resulting in the production of 5,195 gold equivalent ounces. Mill recoveries averaged 86.6% for gold and 53.8% for silver. Equivalent gold ounce calculation is based on the actual daily average gold:silver ratio of 74.92 during the quarter.


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