Starcore Announces 1st Quarter Production Results
(firmenpresse) - Starcore Announces 1st Quarter Production Results
Vancouver, B.C. - Starcore International Mines Ltd. (TSX: SAM) (Starcore or the Company) announces production results for the first quarter of fiscal 2019, ended July 31, 2018, at its San Martin Mine (San Martin) in Queretaro, Mexico and the Altiplano Gold Silver Processing Facility (Altiplano) in Matehuala, Mexico.
We are happy with the steady improvement in production over the past year reported Salvador Garcia, Chief Operating Officer of the company. The focus continues to be moving inferred resources to the proven and probable category and improving operational culture at our principal asset, the San Martin mine.
San Martin Q1 2019 Q4 2018 Q/Q Change Q1 2018Y/Y
Production Change
Ore Milled(Tonnes)77,423 71,868 8% 69,753 11%
Gold Equivalent 4,268 4140 3% 3,888 10%
Ounces
Gold Grade (Grams/1.5 1.69 -11% 1.97 -24%
Tonne
)
Silver Grade(Grams48.97 40.64 20% 12.6 289%
/
Tonne)
Gold Recovery (%) 88.1 88.4 -0.3% 85 4%
Silver Recovery 59.6 57.4 4% 51.2 16%
(%)
Gold:Silver Ratio 78.7:1 80.2:1 74.9:1
Altiplano Production
During Q1 the Altiplano Facility received approximately 407 tonnes of concentrate containing approximately 1,249 ounces of gold and 58,115 ounces of silver. During Q1, Altiplano sold 1,219 ounces of gold and 48,197 ounces of silver.
Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Companys qualified person 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 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 & Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
EVAN EADIE
Investor Relations
Telephone: (604) 602-4935 x 230
Toll Free: 1-866-602-4935
Email: eeadie(at)starcore.com
Suite 750 - 580 Hornby Street, Box 113
Vancouver, British Columbia, Canada V6C 3B6
Telephone: (604) 602-4935
Fax: (604) 602-4936
e-mail: investor(at)starcore.com
website: www.starcore.com
The Toronto Stock Exchange has not reviewed, nor does it accept responsibility
for the adequacy or accuracy of this press release.
Leseranfragen:
Starcore konzentriert sich auf die Exploration, Gewinnung und Verarbeitung von Gold- und Silbervorkommen. Das Unternehmen besitzt, erwirbt, fördert, exploriert und bewertet Rohstoffprojekte. Die weitere Bearbeitung dieser Projekte erfolgt entweder über Joint Ventures oder durch das Unternehmen selbst. Das Unternehmen besitzt ausschließlich Beteiligungen an Konzessionsgebieten in Mexiko.
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Datum: 16.08.2018 - 22:08 Uhr
Sprache: Deutsch
News-ID 579670
Anzahl Zeichen: 3258
contact information:
Town:
Wien
Kategorie:
Business News
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