6-K

STARCORE INTERNATIONAL MINES LTD. (SHVLF)

6-K 2022-05-09 For: 2022-05-09
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2022

Commission File Number 000-50922

STARCORE INTERNATIONAL MINES LTD.

(Translation of registrant’s name into English)

Suite 750 – 580 Hornby Street, Vancouver, B.C., Canada V6C 3B6

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X] Form 40-F [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [  ]

EXHIBITS

Exhibit No. Description
99.1 News Release dated May 9, 2022

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

STARCORE INTERNATIONAL MINES LTD.

Date: May 9, 2022

By:

/s/ Gary Arca Gary Arca Chief Financial Officer

sam-ex991_6.htm

May 9, 2022TSX: SAM

STARCORE ANNOUNCES

4^th^ Quarter Production Results

Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or “the Company”) announces production results for the fourth fiscal quarter ended April 30, 2022, at its San Martin Mine (“San Martin”) in Queretaro, Mexico. “This quarter’s production was higher than previous quarters, but more importantly, we have achieved more stable production due to the consolidation of the exploration carried out during the year resulting in new higher-grade reserves” stated Salvador Garcia, Chief Operating Officer of the Company. “This has further entrenched our main objective of producing profitable ounces in all areas of the mine.”

An important contributor to the good results this quarter was the unexplored area of the San Martin vein, mentioned in the Q3 Production Results press release of February 17, 2022. Preparation and development of this vein during this quarter allowed us to commence exploitation which found that the ore grade was better than we expected. Further development is ongoing.

“Another important area of the mine is the east part of the mine where we drilled positive holes last year. The development to this area has finally been completed to begin the preparation and exploitation of the vein”, further commented Salvador Garcia.

San Martin Production Q4 2022 Q3 2022 Q/Q Change YTD 2022 YTD 2021 Y/Y Change
Ore Milled (Tonnes) 55,378 56,712 -2% 224,438 225,504 0%
Gold Equivalent Ounces 2,900 2,588 12% 11,165 11,797 -5%
Gold Grade (Grams/Ton) 1.65 1.46 13% 1.58 1.63 -3%
Silver Grade (Grams/Ton) 27.15 21.13 28% 22.99 24.71 -7%
Gold Recovery (%) 88.64 88.07 1% 88.22 88.39 0%
Silver Recovery (%) 52.26 45.83 14% 51.37 56.09 -10%
Gold: Silver Ratio 78.23 77.92 75.04 78.28

Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company’s qualified person on the project as required under NI 43-101and has prepared the technical information contained in this press release.

Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6

Telephone:  (604) 602-4935   Fax:  (604) 602-4936    e-mail: investor@starcore.com    website:  www.starcore.com

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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:

Robert Eadie Telephone: (604) 602-4935 ext. 205 Toll Free:   1-866-602-4935   Email: readie@starcore.com

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