Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “Company”) provides an update on the measures that the company is taking in response to the global COVIDCOVID-19 pandemic.
 
“The current COVID-19 pandemic has presented the global community with some immediate and unprecedented challenges,” reports Robert Eadie, CEO and president of the company. “These challenges will impact our professional and personal lives, but as previous crises have come and gone, this too will pass, and hopefully that will be sooner than later. As always, we are prepared to do what’s necessary for the health of our stakeholders and the longevity of shareholder value. Our focus is steadfast.”
 
Our corporate and administrative offices have implemented a work-from-home policy within the framework of the local and national health authorities in Canada and proactively in Mexico. The company has reduced in-person meetings, transitioned to teleconferencing where possible, and suspended non-essential global travel and upcoming conferences.
 
At the San Martin mine which has recently undergone operational excellence programs, we saw a reduction in overall staff, improvements to health, safety and culture programs and a transition to a lower tonnage, more profitable ounce scenario (as reflected in our third quarter financials). The drilling program at Santa Elena is currently underway and results will be made public when available.
 
As the outbreak in Mexico continues to develop, the company continues to monitor the scenario closely and comply with legal and health authorities in the best practices where possible.
 
The company will continue to provide updates to shareholders and respond to daily inquiries as part of our transparent and shareholder focused investor relations strategy.
 
 
About Starcore
Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This base of producing assets is complemented by exploration and development projects throughout North America. The company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.
 
 
ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.

Signed “Robert Eadie”                                                 
Robert Eadie, Chief Executive Officer
 
FOR FURTHER INFORMATION PLEASE CONTACT:

EVAN EADIE
Investor Relations
Telephone: (416)- 640-1936 x 203
Toll Free:   1-866-602-4935 
Email: [email protected]
 
The Toronto Stock Exchange has not reviewed, nor does it accept responsibility for the adequacy or accuracy of this update.