Headquartered in Vancouver, British Columbia -- Starcore International Mines is a gold and silver producer in Mexico and listed on the TSX under the symbol SAM.
The San Martin Gold mine was acquired January 2007 from Goldcorp Inc. It is located about 50 km east of the City of Querétaro in Querétaro State, a few hours drive from Mexico City.
San Martin has excellent potential for exploration, both on active mining properties as well as on exploration holdings, to expand the reserve base to both support and expand operations. Currently exploration is able to maintain approximately three years reserves replacing new reserves with those mined.
The company currently retains an 80 to 20 joint venture agreement with Goldcorp. Inc. in the development of the Cerro Dolores, El Transito Deposit 190 km south - southwest of Mexico City. The El Transito Deposit is a silver-lead-zinc replacement orebody defined by over $US 2 million in development expenditures.
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| Date: | 27-Aug-08 |
| Time: | 05:27 PM
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| Last: | $0.16 |
| Volume: | 35290 |
| Change: | -0.01 |
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| Jun 13, 2008: Starcore Reports Profit for Third Quarter of 2008 (more) | | | | May 05, 2008: Union Contract Signed at Starcore's San Martin Min... (more) | | | | Apr 29, 2008: Starcore's CEO Selected for Elite Ivey Program (more) | | |
| Nov 19, 2007: After Two Quarters of Production (more) | | |
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