Starcore Commences 3000M Drilling Program ON the Santa Elena Target
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 5, 2020 TSX: SAM
STARCORE COMMENCES 3000M DRILLING PROGRAM ON THE SANTA
ELENA TARGET
Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “Company”) is pleased
to announce that the Company has started a surface exploration drilling program of 3000 meters on the Santa
Elena target (see press release January 13, 2020), in Querétaro, Mexico.
The Company is conducting an exploration program that will consist of 10 holes between 200 to 400 meters
each targeting the Santa Elena vein, which is thought to be a mirror of the San Martin vein(s) , a typical
epithermal gold-silver deposit characterized by low sulfation.
“The Santa Elena vein offers an excellent exploration target and is close to our current milling infrastructure,”
said Salvador Garcia, Chief Operating Officer of the Company.
The structure of Santa Elena is a tabular body of silicified massive breccia of quartz between the shales in the
foot wall with the limestone breached on the hanging wall. Both belong to the Soyatal Formation of the Upper
Cretaceous.
The mineralization at the San Martin mine was previously thought to be associated with a dome of rhyolitic
composition, and that the structure was repeated towards the east portion of that dome. New studies have
detected that mineralization is associated with the stratification of the rocks. The new geological model shows
the similarity of Santa Elena and the current operation area of San Martin geometrically correspond to a classic
anticline, with Santa Elena being the western part of the crease flank. Photos of the new model can be viewed
here.
Salvador G arcia, P.Eng., Chief Operating Officer, and a Qualified Person as defined by NI 43 -101, has
reviewed and approved the technical information 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.
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ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.
Signed “Salvador Garcia”
Salvador Garcia, Chief Operating Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
EVAN EADIE
Investor Relations
Telephone: (416)- 640-1936 x 203
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.