Starcore International Mines Ltd.
TSX : SAM

Starcore International Mines Ltd.

March 25, 2008 09:00 ET

Starcore International Mines Ltd.: New Zone Discovered at San Martin Gold Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2008) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) is pleased to announce that a new vein structure was recently encountered at the Company's San Martin Gold Mine in Queretaro, Mexico, while advancing the main decline. This new structure has been named the Guadalupe vein.

Where first intersected in the San Martin Ramp, cross-cuts were driven over the full width of the vein and in both directions. In one direction, a fault was encountered within a short distance, but the vein is otherwise open along strike. The mini-bulk sample resulting from the cross cuts tested 20 meters of strike length and produced 620 tonnes grading 3.42 g/t Au and 33 g/t Ag, at an average true width of 3.0 meters. There was approximately 10% dilution in this sample.

Nine underground diamond drill holes (LYSM-16 to 24) have tested the down dip and strike extension of the structure. Five of the holes intersected the vein, with the best intersections in holes LYSM-16, at 50m below the existing workings, LYSM-20, 200m northeast of LYSM-16, and hole LYSM-22 which was completed between the hole LYSM-16 and LYSM-20, the results from these holes are tabulated below.



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Au Ag Length (mts) true width
----------- ------------- ----------
DDH Number g/t from to mts
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LYSM-16 intersection 1 7.9 38 122.2 126.9 3.2
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LYSM-16 intersection 2 2.3 11 138.8 142.7 2.3
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LYSM-17 intersection 1 8.5 182 152.0 152.8 0.4
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LYSM-17 intersection 2 2.5 47 156.1 158.1 1.1
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LYSM-18 intersection 1 0.5 4 89.3 95.7 6.6
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LYSM-18 intersection 2 0.4 4 101.1 104.3 3.1
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LYSM-19 .58 62 188.4 190.55 1.40
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LYSM-20 7.94 100 199.5 204.4 2.10
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LYSM-21 .51 4 204.8 209.25 1.80
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LYSM-22 3.20 3 240.45 252.25 3.10
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After intersecting the structure in the ramp, holes 16 and 17 tested the down dip projections of the vein, while hole 18 tested the up projection of the Guadalupe vein.

Diamond drill hole LYSM-19 was located to investigate the structure some 200 meters northeast of the initial intersections. The hole was designed to intersect the structure at the same elevation as it was exposed in the ramp 7-012. Hole LYSM-19 failed to intersect the projection of the new structure, in this location the contact between the vein hosting limestone and a carbonaceous limestone horizon was intercepted. This contact could be a limit for the new structure but further work will be needed to determine the significance of this hole.

Hole LYSM-20 was located to intercept the structure 75 meters below hole 19 with excellent results of 2.1m (true thickness) grading 7.94 gpt Au and 100 gpt Ag. The entire 200m strike length represents a significant target for future reserve definition not previously known.

Hole LYSM-22 intersected the structure between the holes LYSM-16 and LYSM-20, at an even greater depth, 75m below the LYSM-20 intersection. This result helps to confirm both longitudinal continuity and potential depth continuity of the structure. In addition the structure remains open to the northeast and to even greater depths.

Holes DCSM-23 and 24 have tested the structure an additional 100m northeast of drillhole LYSM-20 projection. These two holes intersected the structure without economical values.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release (other than statements of historical facts), that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Starcore expects or that are projected to occur in the future, are forward-looking statements. Although Starcore believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements, and positive drill results do not necessarily equate to positive production results. For more information on Starcore, investors should review Starcore's Annual Information Form and annual Management Discussion & Analysis in Canada available on the SEDAR website at www.sedar.com. Starcore does not undertake any obligation to release publicly any revisions to any "forward-looking statement" to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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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