Starcore International Mines Ltd.
TSX : SAM

Starcore International Mines Ltd.

May 24, 2011 09:00 ET

Starcore's Tailings Dam Expansion Approved for 16 More Years of Production

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 24, 2011) -Starcore International Mines Ltd. ("Starcore" or the "Company") (TSX:SAM) 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 MINES LTD.

Robert Eadie, Chief Executive Officer

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

Contact Information

  • Starcore International Mines Ltd.
    Robert Eadie
    Chief Executive Officer
    1-604-602-4935 or Toll Free: 1-866-602-4935
    1-604-602-4936 (FAX)
    info@starcore.com
    www.starcore.com