Starcore International Ventures Ltd is a Emerging Silver Producer focused on high value and near term production opportunities throughout North America. The company is completing the Scoping study-level program on the 80/20 joint venture with Wheaton River Minerals flagship property: Cerro Delores El Transito Deposit.

 

Starcore International Ventures Ltd.  SAM   (TSXV)

Cerro Dolores  - Transito Ag-Pb-Zn Deposit, Puebla.

El Transito Deposit This deposit was chosen for initial attention by Starcore because it has an established ore reserve and appears amenable for low-cost, fast track production. Subjected to significant exploration and underground development costing $2.4 USD million, the property also has a positive Prefeasibility Study prepared by a major independent engineering consulting firm. Of the mineral resource base of 552769 tonnes grading 11.2 oz/tonne silver, 2.6% lead, and 5.3% zinc, a large portion appears to be amenable to open pit mining methods.

Upside Potential from Further Exploration of Cerro Delores It is management's intention to re-invest a portion of any cash flow from the El Transito property toward the exploration and development of other areas at Cerro Delores. Previous work has identified mineralization over vertical and strike dimensions of 600 and 4000 meters respectively. It is believed that there is a strong possibility of developing reserves at Cerro Delores in the 3-5 million tonne range grading some 11 oz/t silver and a combined 8% lead-zinc.
 

Industrias Luismin Cerro Delores Mineral Resources El Transito Mine Category Metric tons Width (m) Silver (gpt) Lead(%) Zinc(%) Proven 130424 4.2 251 2.36 7.53 Probable 168333 4.3 2.66 3.31 7.23 Drill Indicated 254012 2.6 453 2.28 2.94 Total 552769   348 2.62 5.33 Reference: Prefeasibility Study Cerro Delores Project, Pincock Allen Holt (1988)

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