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Starcore International Mines Ltd.
Summary
| Project: | San Martin | |
|---|---|---|
| Deposit: | San Martin | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 7/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-7-2018: Starcore International Mines Ltd. announces a Resource Estimation report for its San Martin deposit at the San Martin project. Updated mineral resource and ore reserve estimate at the project. Vancouver, British Columbia –Starcore International | |
| Resources: | (Reserve, P+P): 1.651Mt @ 2.11g/t Au, 33g/t Ag for 154Koz AuEq contained at San Martin | |
| CP/QP: | [Resources]: Erme Enriquez (Independent) | |
| ABSTRACT: | Vancouver, British Columbia –Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “Company”) is pleased to announce it has completed an updated Technical Report in accordance with National Instrument 43-101 (“NI 43-101”) on its San Martin Gold mine in Querétaro, Mexico. The report has been filed on SEDAR and is also available on the company’s website www.starcore.com. The highlights from the Technical Report are below: The assumptions used to arrive at this mineral resource vary slightly from previous rules defined many years ago. In recent years, with the involvement of different and newly added professionals to the mine site operations, mining exploitation systems were changed due to: 1. A greater percentage of production coming from narrow to wide steeply dipping vein structures; 2. Sub-horizontal Mantos mineralized structures that were somewhat narrower than historical Mantos; and 3. Reopening and increasing the development of the footwall mineralization in old stopes where lower grade mineralization was not mined during times of lower gold and silver prices. | |
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