Starcore Completes Review Period on Santa Fe Project
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Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6
Telephone: (604) 602-4935 e-mail. [email protected] website: www.starcore.com
June 11, 2018 TSX: SAM
Starcore Completes Review Period on Santa Fe Project
Vancouver, B.C. - Starcore International Mines Ltd. (TSX:SAM) ( “Starcore” or the “ Company”) announces that it has
completed its due diligence and review of the Santa Fe Project in Sinaloa, Mexico and will not be proceeding with the
proposed acquisition, subject of the Letter of Intent entered into in November, 201 7 (see press releases of November
21, 2017, January 11, 2018 and March 26, 2018). The Company has given notice to the property owners of its
disengagement from the project and Starcore has no further obligations on Santa Fe.
“We would like to thank the Santa Fe team for their exceptional cooperation while c onducting our due diligence and
review of this project,” said Robert Eadie, President & CEO of the Company. “ We remain open to looking at any
opportunities they may bring to us from time to time that are synergistic with Starcore’s goals.”
Starcore remains focused on its production oriented assets in Mexico which are its building blocks for future growth.
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 and Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
EVAN EADIE
Investor Relations
Telephone: (604) 602-4935 ext. 230
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.