Starcore Extends Warrants

November 3, 2010 TSX: SAM

Starcore Extends Warrants

Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) announces that it will be making application to the Toronto Stock Exchange (the “Exchange”) to extend the expiry of outstanding warrants from the current expiry date to November 26, 2011.

The Company currently has 12,842,500 warrants outstanding, all exercisable at $0.15 per share and expiring on November 26, 2010. The Company will be requesting approval from the Exchange to extend the expiry date of the outstanding warrants, excluding 512,500 warrants that are held by insiders, which will remain unchanged and will expire on November 26, 2010.

For more information on the Company visit our website at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

Signed “Robert Eadie”

Robert Eadie, President

FOR FURTHER INFORMATION PLEASE CONTACT: Robert Eadie Telephone: 1-604-602-4935 Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936

The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone: (604) 602-4935 Fax: (604) 602-4936 e-mail. [email protected] website: www.starcore.com