Starcore Completes Review Period on Santa Fe Project

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Vancouver, B.C. – Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “ Company”) announces that it has completed its due diligence and review of the Santa Fe Project in Sinaloa, Mexico and will not be proceeding with the proposed acquisition, subject of the Letter of Intent entered into in November, 2017 (see press releases of November 21, 2017, January 11, 2018 and March 26, 2018). The Company has given notice to the property owners of its disengagement from the project and Starcore has no further obligations on Santa Fe.

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