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SAM.TO ·

STARCORE ANNOUNCES 3rd Quarter Production Results

Production Results

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

February 14, 2019 TSX: SAM

STARCORE ANNOUNCES

3rd Quarter Production Results

Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) ( “Starcore” or the “Company”)

announces production results for the third quarter of fiscal 2019, ended January 31, 2019, at its San Martin

Mine (“San Martin”) in Queretaro, Mexico.

San Martin Production Q3 2019 Q2 2019 Q/Q Change YTD 2019 YTD 2018 Y/Y Change

Ore Milled(Tonnes) 71,058 81,419 -15% 229,900 197,743 16%

Gold Equivalent Ounces 3,982 4,050 -2% 12,300 8,966 37%

Gold Grade (Grams/Tonne) 1.8 1.4 23% 1.57 1.58 -1%

Silver Grade(Grams/Tonne) 33.17 43.49 -31% 42.12 14.21 196%

Gold Recovery (%) 84.2 86.9 -3% 86.32 83.37 4%

Silver Recovery (%) 59.96 58.7 2% 59.34 52.68 13%

Gold:Silver Ratio 83.74:1 82.43:1 81.64 75.43

Salvador Garcia, P. Eng., a director of the Company and Chief Operating Officer, is the Company’s qualified

person on the project as required under NI 43-101and has prepared the technical information contained in this

press release.

About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This

base of producing assets is complemented by exploration and development projects throughout North America. The

company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long

term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL

MINES LTD.

Signed “Robert Eadie”

Robert Eadie, President & Chief Executive Officer

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FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE

Telephone: (604) 602-4935

Toll Free: 1-866-602-4935

Email: [email protected]

The Toronto Stock Exchange has not reviewed, nor does it accept responsibility

for the adequacy or accuracy of this press release.