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  • Starcore International Mines (SAM) has announced a US$2 million exploration budget for 2022
  • Starcore has budgeted US$500,000 for further exploration of El Creston, a project located in Sonora Mexico
  • A budget of US$1 million has been allocated to the San Martin Mine concession
  • The balance of the exploration budget of US$500,000 will be allocated towards new joint venture opportunities
  • Starcore International Mines is engaged in precious metals production focusing on Mexico
  • Starcore International Mines Ltd. (SAM) opened trading at C$0.285 per share

Starcore International Mines (SAM) has announced a US$2 million exploration budget for 2022.

Starcore has budgeted US$500,000 for El Creston, a project located in Sonora Mexico. Starcore will invest US$500,000 to confirm the presence of a copper porphyry at depth. The program will include surveys, geophysical studies of magnetometry, and the development of new geological models from existing drillhole data.

A budget of US$1 million has been allocated for the San Martin Mine concession to search for the extension of the San Martin Breccia in the southwest and eastern part of the mine and confirm the geological potential of the north part of the concessions in the areas of Cerro Azul (North Area).

The balance of the exploration budget of US$500,000 will be allocated towards new joint venture opportunities such as the gold and silver project called California located in Durango Mexico.

Starcore is engaged in precious metals production focusing on Mexico. 

Starcore International Mines Ltd. (SAM) opened trading at C$0.285 per share.

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