SAM.TO · 2018-05-22 12:00:00

STARCORE Files Updated 43-101 for the Toiyabe Gold Project in Nevada

Corporate Updates

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

May 22, 2018 TSX: SAM

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

announced today that the Company has filed an updated National Instrument 43-101 (“NI 43-101”)

Technical Report for the Toiyabe Gold Project in Lander County, Nevada.

Highlights from the Technical Report include:

 Summary results from three drilling programs completed since the last report (2009, 2010, 2016)

 In all three drilling campaigns since the 2009 report and resource estimate, the near-surface

‘Courtney’ resource was expanded and enhanced.

 Drilling since the previous report has focused largely on structurally controlled, deeper and

higher-grade mineralization not included in the 2009 resource estimate.

 Wider spread drilling, outside known resource areas has allowed a better understanding of the

structural setting of the project.

The Technical Report can be found on the Company’s website here. This filing can also be found under the

Company’s profile on www.sedar.com.

Paul Noland, CPG, is the Company’s qualified pe rson 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 e xploration and development projects throughout North

America. The Company is a leader in Corporate Soci al Responsibility and advocates value driven decisions

that will increase long term shareholder value. The website is 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

EVAN EADIE

Investor Relations

Telephone: (604) 602-4935 ext. 230

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.