Day: November 21, 2017

The Company was made aware of an incident that happened this past weekend in the town of Atzcala, about twenty five minutes (15Km) from its El Limon Guajes Mine. During this incident, two men were killed in the course of a dispute. Torex confirms that the two men were not employees of the Company.

Mr. Carlos Espinosa, President, reports “Monarca is very pleased to sign a LOI for the San Jose Property in Chihuahua, Mexico, a friendly and familiar jurisdiction for Monarca’s team and management. After reviewing several investment opportunities, we decided to move forward and sign a LOI for San Jose, an excellent opportunity to diversify our property portfolio.”

“This project is synergistic with Starcore’s goals and presents us with a tremendous opportunity,” said Robert Eadie, President & CEO of the Company. “Not only do we have a huge concession area for expansive exploration, but the project also comes with various permits already in place, including an explosives permit and an environmental impact survey permit. The power line is already installed; social footholds have been initiated in the communities; and the project positions Starcore in another Mexican mining district with great potential for gold and silver. We’re excited!”