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SAM.TO ·

Starcore’S Corporate Recap

Corporate Updates

July 16, 2025 TSX: SAM

FSE: V4JA

NOT FOR DISTRIBUTION IN THE UNITED STATES

STARCORE’S CORPORATE RECAP

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

achieves corporate targets with its recent announcements.

● July 8, 2025: Every Starcore shareholder will be rewarded with one share of EU Gold

Mining Inc. for every two shares of Starcore once the announced spin-out of its exploration

interests in Côte d’Ivoire, West Africa is approved.

● July 10, 2025: Starcore has accessed a historical past -producing silver mine . With a

lease agreement for ten years , Starcore has access to the minerals from this past -producing

silver mine plus additional surrounding claims in a highly prospective area to explore!

• July 14, 2025: Starcore is backed with the science of CIL (carbon-in-leach) processing.

The Company has the equipment and the technology at its plant at the San Martin Mine to

deliver the enhanced recoveries of the minerals from the silver mine as demonstrated by recent

metallurgical testing.

“The future is unfolding quickly with incredible potential,” said Robert Eadie, President & CEO of

Starcore. “The Company is focused on its strategic targets and is meeting the mark with precision. We

will follow through with patience and clarity, to deliver on our promise to increase shareholder value.”

About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in

Mexico. While this base of producing assets is 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 here: www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL

MINES LTD.

(Signed) “Robert Eadie”

Robert Eadie, President and Chief Executive Officer

2

__________________________________________________________________________

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

FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE Telephone: (604) 602-4935

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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

accordingly, readers are advised not to place undue reliance on forward -looking statements. There can be no

assurance that such s tatements will prove to be accurate, and actual results and future events could differ

materially from those anticipated in such statements . The Company assumes no obligation to update forward‐

looking statements or beliefs, opinions, projections or other factors, except as required by law.