- Starcore International Mines (SAM) announced Q3 production results at San Martin Mine in Queretaro, Mexico
- The company reported stable production as the mine produced profitable ounces
- The production is supported by the ongoing cost control measures and positive gold and silver prices
- The company is preparing to mine a previously unexplored area of the San Martin vein
- Starcore is engaged in precious metals production with focus and experience in Mexico
- Starcore International Mines (SAM) is up 6.12 per cent at 26 cents, at 10:15 AM EST
Starcore International Mines (SAM) announced Q3 production results at the San Martin Mine in Queretaro, Mexico.
The company reported stable production as the mine continues to produce profitable ounces.
The production is supported by the ongoing cost control measures and positive gold and silver prices
Starcore identified the DDH (Diamond Drill Hole) intersect economic ore in a previously unexplored area of the San Martin vein. The company is preparing to begin mining in this area, while it expects ore production by the fourth quarter.
“In this last quarter, we completed development to the next ore body, Cuerpo 33, and have begun the preparation to mine additional ore from this area, providing further production stability to our mine,” stated Salvador Garcia, Chief Operating Officer of the company.
Last month, Starcore appointed Pierre Alarie as President and director of the company.
Starcore is engaged in precious metals production with a focus in Mexico.
Starcore International Mines (SAM) is up 6.12 per cent at 26 cents, at 10:15 AM EST.