News

June 21, 2016

Starcore Regrets to Report a Fatality at its San Martin Mine

Vancouver, British Columbia – Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “Company”) regrets to report the fatality of an employee that occurred yesterday at its San Martin Mine in Queretaro, Mexico.

“We are deeply saddened over the loss of our colleague, an experienced underground miner at our San Martin Mine,” said Robert Eadie, President & Chief Executive Officer of the Company, who flew to Mexico upon hearing of the fatal accident. “Work-related losses are tragic and felt grievously by Starcore and our communities, and we extend our deepest sympathies to our colleague’s family and friends. The safety of our employees is of utmost importance for Starcore and we will continue to take every measure to eliminate all workplace accidents and ensure the workplace is safe for everyone.”

The accident was an isolated incident that occurred during wall and ceiling ground support installation in a cut-and-fill stope in the mine’s San Martin area. Starcore is working with the local authorities on completing a final report on their investigation. Operations at the mine outside of this stope continue and all crews have been fully debriefed on the accident. In the meantime, the plant is operating normally.

About Starcore

Starcore is engaged in exploring, extracting and processing gold and silver through its wholly-owned subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., which owns the San Martin mine in Queretaro, Mexico. Starcore is a public reporting issuer on the TSX. Starcore is also engaged in owning, acquiring, exploiting, exploring and evaluating mineral properties, and either joint venturing or developing these properties further. Starcore has interests in properties located in Mexico, Canada and the United States. For more information concerning Starcore, see documents filed under its profile on SEDAR, or visit its website at 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: (416) 640-1936
Toll Free: 1-866-602-4935

The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

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