May 24, 2011
Vancouver, British Columbia… Starcore International Mines Ltd.
(“Starcore” or the “Company”) is pleased to report that it has received
a favourable review from the Mexican environmental authorities on
extending the life of the tailings dam at the San Martin Mine in
Queretaro, Mexico. In order to increase the life expectancy of the
Company’s tailings dam, the Company commissioned a study with a plan to
increase the capacity of the tailings dam. This was submitted to the
Ministry of Environmental and Natural Resources, SEMARNAT (Secretaria de
Medio Ambiente y Recuersos Naturales). SEMARNAT regulates all mining
activities in Mexico and is responsible for granting all environmental
and drilling permits through its deputy office, Dirección General de
Riezgo Ambiental (General Deputy for Environmental Control).
Starcore has now received full authorization from SEMARNAT to work its
tailings dam as planned and proposed for the San Martin Mine. This
authorization effectively increases the life of Starcore’s tailings dam
for 16 more years, supporting the mine’s gold and silver production for
that extended period of time.
For more information on the Company visit our website at www.starcore.com
ON BEHALF OF STARCORE INTERNATIONAL
Signed “Robert Eadie”
Robert Eadie, Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936
The Toronto Stock Exchange has not reviewed nor
does it accept responsibility for the adequacy or accuracy of this press
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