Starcore Provides 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
October 21, 2024 TSX: SAM
FSE:V4JA
NOT FOR DISTRIBUTION IN THE UNITED STATES
Starcore Provides Updates
Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “ Company”) is
pleased to announce that operations at San Martin have resumed with the mine returning to normal capacity
and productivity, following the upgrades to safety standards that were put into immediate effect by the
Company.
“We would like to thank the Secretaria del Trabajo y Prevision Social (Secretary of Labor & Social Welfare),
the Procuraduría Federal de Protecci ón al Ambiente (PROFEPA) (Federal Attorney for Environmental
Protection), the Protección Civil del Municipio de Colon, Queretaro (Civilian Protection Department of the
Municipality of Colon, Queretaro ), and the various government officials who worked diligently with us to
ensure all safety aspects were re-evaluated and elevated to the highest standards,” said Robert Eadie, President
and CEO of Starcore. “We appreciate the attention and thorough review done by the Mexican government
agencies and all the people dedicated to help ensure that San Martin is a place of safety for all our workers.”
In other corporate developments, the Company announces that Tanya Lutzke, a director since 2016, will be
stepping down from the Board due to the requirements of her professional career. The Board thanks Ms.
Lutzke for her years of service and wishes her further advancements in her chosen field of service.
Replacing Tanya will be Emiliano Vanni of Arezzo, Italy , a veteran of 20 years in the commercial gold
business. Mr. Vanni has been responsible for all aspects of precious metals buying and selling, including
regulatory requirements of various companies and jurisdictions in the world. We welcome his expertise to the
Board.
About Starcore
Starcore International Mines is engaged in precious metals production with focus and experience in Mexico.
While this base of producing assets has been complemented by exploration and development projects
throughout North America, Starcore has expanded its reach internationally with the project in Côte d’Ivoire.
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 at
www.starcore.com.
ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.
(Signed) “Robert Eadie”
Robert Eadie, President & Chief Executive Officer
- 2 -
FOR FURTHER INFORMATION PLEASE CONTACT:
ROBERT EADIE
Telephone: (604) 602-4935
The Toronto Stock Exchange has not reviewed nor does it accept responsibility
for the adequacy or accuracy of this press release.
This news release contains “forward -looking” statements and information (“forward -looking statements”). All
statements, other than statements of historical facts, included herein, including, without limitation, management’s
expectations and the potential of the Company’s projects, are forward looking statements. Forward -looking statements
are based on the beliefs of Company management , as well as assumptions made by and information currently available
to Company’s management and reflect the beliefs, opinions, and projections on the date the statements are made.
Forward-looking statements involve various risks and uncertainties and acco rdingly, readers are advised not to place
undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate,
and actual results and future events could differ materially from those anticipated in such st atements. The Company
assumes no obligation to update forward‐looking statements or beliefs, opinions, projections or other factors, except as
required by law.