Starcore Appoints New Director

September 25, 2012 TSX: SAM

Starcore Appoints New Director

Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) is pleased to announce that Dr. Michael Gunning has been appointed a director of the Company. Already serving as a member of Starcore’s Technical Advisory Board since April, 2012 (see press release of April 18, 2012), Dr. Gunning has been working with the Company and the other members of the technical team in reviewing and evaluating the exploration and development work at Starcore’s San Martin gold mine in Queretaro, Mexico.

“We are very fortunate to have Michael join our Board,” said Robert Eadie, President and CEO of Starcore. “With his accomplishments in mineral exploration and geological research and his proven track record in managing several successful resource companies, Michael will be a tremendous asset to Starcore.”

Dr. Gunning’s appointment to the Board follows the resignation of Arturo Prestamo as a director of the Company. The Board is thankful to Mr. Prestamo for his efforts in furthering the Company’s goals and wishes him well in his future endeavours.

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, Executive Chairman, Interim President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT: 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