Starcore Reports Mineral Reserves and Resources of 175,652 Ounces of Gold Equivalent. Underground Exploration Continues

Vancouver, British Columbia –Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “Company”) today released its updated NI 43-101 reserve and resource estimates to April 30, 2022 for its San Martin Mine, located in Queretaro State, Mexico. The report has been filed on SEDAR and is also available on the Company’s website www.starcore.com.

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