STARCORE INTERNATIONAL MINES LTD. TSX:SAM

Transcription

1 STARCORE INTERNATIONAL MINES LTD. TSX:SAM

2 DISCLAIMER The data contained herein is provided for information purposes only. Certain information has been compiled from sources believed to be reliable. No information in this presentation is to be construed as an offer to buy or sell securities. Some statements contained in this presentation are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include among other things, comments regarding mining and milling operations, mineral resource statements and exploration program performance. They may also include statements with respect to the Company's mineral discoveries, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information. Factors that could cause actual results to differ materially include, but are not limited to, metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production, the ability to raise sufficient capital to fund exploration, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities, and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. The Company disclaims any intention or obligation to update or revise forwardlooking information, whether as a result of new information, future events or otherwise. The reader agrees to hold the Company and its subsidiaries, and their respective officers, employees and agents harmless against any claims for damages or cost or any loss of any kind arising out of the access to or use of this presentation or any information contained in or obtained through this presentation. Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: These tables use the terms "Measured", "Indicated" and "Inferred" Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable. David Gunning, P.Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person on the project as required under NI and has prepared the technical information contained in this presentation. TSX:SAM FK:V4J 2

3 Our Vision: Identify, acquire and develop high quality properties in North America that position the company for sustainable growth. Focus on Mexico and Production of the San Martin Mine Gold Mine. Remain a Leader in Corporate Sustainable Responsibility. 3

4 OUR VISION IS BUILT UPON A THREE PILLAR PHILOSOPHY: Sustainability in our community and business practices Operational Excellence and effective capital allocation Profitability through cash flow growth and a strong balance sheet TSX:SAM FK:V4J TSX:SAM 4

5 A Strategic Blend of Management Board of Directors Robert Eadie, CEO & President David Gunning, COO, San Martin Richard Kern, MSc. P. Geo, Toiyabe Project Antonio Berlanger, P. Eng, Altiplano Plant Gary Wood, P. Geo, Exploration Manager San Martin Mine Dave Visagie, Qualified Person, NI , El Creston Project TSX:SAM FK:V4J 5

6 Starcore International Mines Ltd. COMPANY ASSETS Production Processing OPERATING MINE SAN MARTIN: QUERETARO, MEX. Exploration EXPLORATION TOIYABE PROPERTY: NEV., USA LONE RANCH PROPERTY: WASH., USA AJAX PROPERTY: ALICE ARMS, BC PROCESSING ALTIPLANO PLANT: MATEHUALA, MEX. MOLYBROOK PROJECT: GREY RIVER, ND EL CRESTON: SONORA, MEX. TSX:SAM FK:V4J 6

7 SHARE STRUCTURE Issued and Outstanding: 180,614,397 Options: 11,385,000 Warrants: 557,135 Fully Diluted: 208,529,342 Subscription Receipts: 15,972,810 The share structure indicated is as of September 3 rd, TSX:SAM FK:V4J 7

8 STRONG GROWTH-ORIENTATION STRATEGIC ACQUISITIONS IN 2014 Acquisition of American Consolidated (TSX.V:AJC) Acquisition of Creston Moly Project (TSX.V:ML) Proposed takeover of Cortez Gold (TXS.V:CUT) TSX:SAM FK:V4J 8

9 BUILDING SUSTAINABLE VALUE

10 ENVIRONMENTAL SENSITIVITY REFORESTATION AND COMMUNITY INITIATIVES INCREASE OUR SUSTAINABILITY Trees planted by children of Starcore employees totaled 90 plants Nursery for plants of the region totals 10,000 plants per year Trees planted on top of dry tailings between May July total an estimated 7,500 plants PRESA DE JALES NURSERY PRODUCTION Tomatoes kg Cabbage 36 pieces Chili Peppers 68.6 kg Swiss Chard 19.3 kg Heads of Lettuce 488 pieces Peas 3.5 kg TSX:SAM FK:V4J 10

11 ENVIRONMENTAL SENSITIVITY TSX:SAM FK:V4J 11

12 CORPORATE SOCIAL RESPONSIBILITY

13 CHARITY DAY POST-OPERATION HOSPICE FOR CHILDREN Held a charity event to provide hospice with food and supplies for children who have undergone major surgery Provided post-operation care, including medial services for people coming from the poorest states, such as: Guerro, Oaxaca, and Michoacan

14 DELIVERING OPERATIONAL EXCELLENCE

15 SAN MARTIN MINE PROPERTY HIGHLIGHTS Located in a safe transit corridor that helps with supply-chain management. Low Training Costs: access to knowledgeable workers in a historic mining district. Host Rock: Limestone enables low drill and steel costs as well as rapid blast cycles. OPERATING RESULTS 2015 FISCAL YEAR Tonnes Milled 311,897 Recovery (Au Oz) 85.1% Production (AuEq Oz.) 19.6 Grade (Au) 2.14 g/t Recovery (Ag Oz) 53% Grade (Ag) g/t Please see the news release dated August19, 2015 as filed on SEDAR and available on the Company website The information presented has been prepared by David Gunning, P. Eng., a director of the Company, the Chief Operating Officer, and the Company s qualified person on the project as required under NI ,. TSX:SAM FK:V4J 15

16 SAN MARTIN MINE EFFICIENT COMBINATION OF EXPLORATION/PRODUCTION METHODS FOR CONTINUED GOLD PRODUCTION 30,000 25,000 20,000 15,000 10,000 5, ' 11' 12' 13' 14' 15' Au/Ag Oz Produced AVG SILVER GRADE: 35 G/T AVERAGE GOLD GRADE: 2.22 G/T Please see the news releases as filed on SEDAR and available on the Company website The San Martin Mine has been in production since 1993 and these chart used data from July 31, 2010 to July 31, TSX:SAM FK:V4J 16

17 SAN MARTIN MINE RESERVES AND RESOURCES FOR THE SAN MARTIN MINE JULY 31, 2014 Classification Reserve: San Martin Mine Tonnes (000's) Gold (g/t) Silver (g/t) Gold (000's of Oz) Silver (000's of Oz) Gold Equivalent (000's of Oz) Proven Probable Total Reserve Inferred Resources Inferred Mineral Resources are not known to the same degree of certainty as Mineral Reserves and do not have demonstrated economic viability. A 65:1 silver to gold equivalency ratio was used to calculate gold equivalent ounces. The reserves above exclude approximately 20,300 equivalent ounces of metal contained in carbonaceous limestone discussed in MD&A April 30, Dave Gunning, P. Eng is the qualified person. As of July 31, 2014, reserves and resources at San Martin as reported in RESERVES AND RESOURCES IN THE SAN MARTIN MINE, MEXICO AS OF JULY 31, 2014, dated October 6, 2014, prepared by Joseph Campbell, P. Eng.. (the Technical Report ), as filed on SEDAR and available on the Company website TSX:SAM FK:V4J 17

18 Altiplano Processing Facility

19 Altiplano Processing Facility Matehaula, Mexico The Altiplano Gold-Silver Project includes the lands in Matehuala, S.L.P., Mexico, and the buildings and equipment situated thereon (the Processing Plant ). The 50 tpd Processing Plant is designed to process: 16,500 tons per year of lead and copper concentrates. Focus on high content of gold and silver. Estimating a production of nearly 50,000 ounces of gold and 2,000,000 ounces of silver per year Ability to expand production by 100% Advantages for small miners: Lower processing costs. equal payment conditions. Possibility of delivering small lots and selling high-grade ore. TSX:SAM FK:V4J 19

20 EL CRESTON MOLY-COPPER FULL OWNERSHIP LOW COST POTENTIAL LARGE DEPOSIT LARGE HOLDINGS Located in Sonora, Mexico, the advanced stage El Creston project is 100% owned by Starcore International Mines El Creston deposit has potential to be low cost producer with excellent potential to expand the resource base El Creston/Red Hill Deposit hosts M&I resource of 215,400,000 tonnes containing Million lbs Molybdenum at 0.071% and 281 Million lbs Copper at 0.06%* Six zones of a Porphyry Molybdenum Copper mineralization in a 5.5km trend *Reported at a cut-off grade of 0.036% molybdenum-equivalent within a Whittle pit shell. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All numbers have been rounded to reflect the relative accuracy of the estimates based on technical report done by JDS Energy and Mining. Dave Visagie is the Qualified Person, P. Engineer. 20

21 EL CRESTON EXPLORATION POTENTIAL Starcore Looks to Provide Project and Cost Optimizations on Initial Studies at the El Creston Property Red Hill West Red Hill Maine Zone Red Hill Deep Alejandra STARCORE S ROLE Starcore looks to provide project and cost optimizations on initial studies A-37 The technical information relating to the El Creston Project is based on the technical report entitled "Preliminary Economic Assessment, El Creston Project, Opodepe, Sonora, Mexico", dated December 16, 2010, filed under the Creston Moly Corp. issuer profile on SEDAR. Information regarding the effective date of the mineral resources, key assumptions, parameters and methods used to estimate the mineral resources, and known risks that materially affect the mineral resources can be found in the technical report. TSX:SAM FK:V4J 21

22 Strategic Exploration Projects Four projects located in the US, Canada, and Mexico

23 TOIYABE NEV., USA GOLD EXPLORATION IN NEVADA Safe and consistent country risk Battled Montaied-Eureka trend has identitfied more than 32 million ounces of gold 4,975, which equals 173,562 contained ounces at a 0.01 opt cut-off* *This estimate was prepared as at May 27, Indicated Resources consist 173,562 ounces of gold in 4,975,000 tons of rock, for a calculated average grade of ounces per ton (opt) at a 0.01 opt cut-off. See technical report entitled "Summary Report and Mineral Resource Estimate on the Toiyabe Gold Property Lander County, Nevada for American Consolidated Minerals Corporation" dated May 27, 2009 filed by American Consolidated Minerals Corporation on its SEDAR profile at prepared by Paul Noland, P. Geo., for information regarding the key assumptions, parameters and methods used to estimate the mineral resources. The technical report was reviewed by Mr. David Gunning, P. Eng, on behalf of the Company. To the Company's knowledge, information and belief, there is no new scientific or technical information that would make disclosure of the mineral resources inaccurate or misleading. TSX:SAM FK:V4J 23

24 AJAX MOLYBDENUM B.C. PROJECT HIGHLIGHTS Located and similar Geological setting as the Kitsault Moly Mine in Alice Arms, B.C., owned by Alloycorp Mining Inc., formerly Avanti Mining Inc. Large molybdenum deposit outlined and is open to expansion* 100% owned by Starcore International Mines Dave Visagie is the Qualified Person. NI (May 2008) *This comparison is based on technical information about the location and geology of the Ajax project found in the technical report, Update of Resources Estimation Ajax Property dated April 18, 2007 filed May 11, 2007 on SEDAR by the Tenajon Resources Corporation; and technical report titled NI Technical Report on Resources Kitsault Molybdenum Property dated August 4 th, 2008, filed August 5, 2008 on SEDAR by Avanti Mining Inc. TSX:SAM FK:V4J 24

25 MOLYBROOK NL PROJECT HIGHLIGHTS 100% interest in the Moly Brook property in NL 2009 Resource estimate shows indicated resources of 86 million tonnes (124.6 pounds) of Mo grading.065% High grade, in excess of 0.08% molybdenum, occurs over significant widths. Potential to host significant bulk tonnage, open pittable, molybdenum deposits Dave Visagie is the Qualified Person. NI (May 2009) TSX:SAM FK:V4J 25

26 LONE RANCH WASH., USA PROJECT HIGHLIGHTS 54 unpatented mineral claims ferry county, Washington Positive HEM survey flown in 2007 Potential for wealth creation through JV and feeding nearby Processing facilities Technical information in this news release relating to the Ajax Project is based on the NI Resource Estimate Press Release entitled "Tenajon Announces 75% Increase in Indicated Molybdenum Resources at Ajax Project", dated May 15, 2008 and the technical report entitled "Update of Resource Estimation, Ajax Property, Alice Arm, British Columbia", dated April 18, 2007, both of which are filed under the Tenajon Resources Corp. issuer profile on SEDAR. TSX:SAM FK:V4J 26

27 INVESTMENT ADVANTAGE WHY STARCORE? Strategic Assets in good jurisdictions Dedicated Management and Employees Operational Efficency Exploration Upside TSX:SAM FK:V4J 27

28 CALL INVESTOR RELATIONS NOW! Contact Information: 85 Richmond Street West, Suite 904 Toronto, Ontario, M5H 2C9 Telephone: Toll Free: Website: Trading Symbols: TSX:SAM FK:V4J TSX:SAM FK:V4J 28

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