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SAM.TO ·

Starcore Appoints New Chief Operating Officer

Management Changes

August 23, 2017 TSX: SAM

Starcore Appoints New Chief Operating Officer

Vancouver, British Columbia – Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the

“Company”) is pleased to announce the appointment of Mr. Salvador Garcia as Chief Ope rating Officer

responsible for all of Starcore’s operations at the Company’s San Martin Mine in Queretaro, Mexico.

Prior to joining Starcore, Mr. Garcia was most recently Country Manager of Mexico at Fi rst Majestic Silver

Corp., after serving as First M ajestic’s Chief Operating Officer from July 2014 to March 2017. Mr. Garcia

has over 39 years of experience in the mining industry in Mexico with extensive experience in development

and production including open pit and underground operations. He served as the Vice President of

Operations and New Projects at First Majestic Silver Corp. from January 2013 until June 2014. Before

joining First Majestic, Mr. Garcia was with Luismin for a period of 20 years prior to its acquisition by

Goldcorp, where he held several positions from General Manager to Director of Operations . He was later

promoted to the senior management team of Goldcorp where he served as Vice President & General Director

for Mexico for five years.

Mr. Garcia holds a B.Sc. degree in Mining Engineering from the Guanajuato University School of Mines in

Mexico. In addition, Mr. Garcia is President of the Mining Cluster of Sonora State, a member of the

Camimex (the Mexican Mining Cha mber) Advisory Board; a member of the Mining Cluster of Zacatecas

State and a member of the Mining Advisory Board of San Luis Potosi State.

“We are proud to have Salvador join our management team as Chief Operating Officer,” said Robert Eadie,

President & CEO of Starcore. “He has distinguished himself in Mexico’s mining industry, and with his vast

experience in operating mining projects and his work with major mining companies, he adds a depth to our

management that will help us propel Starcore to a new level of asset building and growth.”

About Starcore

Starcore i s engaged in exploring, extracting and processing gold and silver through its wholly -owned

subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., which owns the San Martin mine in Queretaro,

Mexico. Through its wholly- owned subsidiary, Altiplano Goldsil ver S.A. de C.V, Starcore also owns and

operates the Altiplano concentrate processing facility for precious metals in Matehuala, Mexico. Starcore is

a public reporting issuer on the Toronto Stock Exchange. Starcore is also engaged in owning, acquiring,

exploiting, exploring and evaluating mineral properties, and either joint venturing or developing these

Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6

Suite 904 – 85 Richmond Street West, Toronto Ontario M5H 2C9

Telephone: (604) 602-4935 Fax: (604) 602-4936 e-mail. [email protected] website: www.starcore.com

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properties further. Starcore has interests in properties located in Mexico, Canada and the United States. For

more information concerning Starcore, see documents filed under its profile on SEDAR, or v isit its website

at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL

MINES LTD.

Signed “Robert Eadie”

Robert Eadie, President & Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE:

Telephone: (416) 640-1936

EVAN EADIE

Investor Relations

Telephone: (416) 640-1936

Toll Free: 1-866-602-4935

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

press release.