Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) is pleased to welcome Dr. Michael Gunning as a member of its Technical Advisory Board.

Dr. Gunning has more than 25 years of diverse and valuable experience in mineral exploration and geological research, and is widely recognized for his expertise in the uranium sector. Most recently, as CEO of Hathor Exploration, a Vancouver-based junior uranium explorer, he executed successive resource and PEA milestones for the Company’s Roughrider uranium deposit discovery, and he guided the Company through a hostile M&A competition to an eventual $654 million acquisition by Rio Tinto, one of the top ten deals in 2011 in the global mining sector. Prior to joining Hathor, Dr. Gunning served as President and CEO of Triex Minerals, during which term Triex raised more than $30 million for its projects, built an accomplished exploration team, and advanced a diverse project portfolio in the U.S. and Canada. Previous to Triex, Dr. Gunning was the principal Mineral Deposits Research Geologist at the Saskatchewan Geological Survey, before which, he was a Senior Project Geologist in Exploration at Teck Cominco Ltd., responsible for all aspects of various exploration programs and initiatives in the Canadian high Arctic, Brazil and Mexico. He has a Ph.D. in mineral deposits and volcanology from the University of Western Ontario, and is a past President of the Saskatchewan Geological Society and the Society of Economic Geologists Student Chapter. Dr. Gunning is currently a director of several public companies listed on the TSX Venture Exchange.

“We are fortunate to have someone of Dr. Gunning’s caliber join our Technical Advisory Board,” said Robert Eadie, CEO and Interim President of Starcore. “We believe Starcore will present him with the opportunities where he can apply his skills and exactitude to their highest levels, garnering huge benefits for the Company and its shareholders.”

ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.

Signed “Robert Eadie”
Robert Eadie, Executive Chairman, Interim President and
Chief Executive Officer