Mr. Robert Eadie reports

STARCORE REPORTS SECOND QUARTER PRODUCTION RESULTS

Starcore International Mines Ltd. has released production results for the second fiscal quarter ended October, 2025, at its San Martin mine in Queretaro, Mexico.

The company's metal production was lower again this quarter due to two main issues. The first was the presence of clay in the ore, which caused what is known as a preg-robbing effect, where the clay traps some of the gold, reducing recovery. The second issue was that fine particles of activated carbon (called carbon fines) mixed with the pulp sent to the desorption process (adsorption, desorption and recovery). These carbon fines absorbed gold and silver from the ore, which further lowered overall recovery rates.

To address the clay-related issue, Starcore optimized the use of the CIL (carbon-in-leach) plant to improve gold recovery. For the carbon fines problem, the company installed two filter presses -- one at the discharge of the ADR process and another in the thickener tank, where the solution is recycled for reuse.

In addition, to prevent any contamination between the two processing circuits, Starcore is fully separating them. The company is also installing a cyanide destruction module, which will allow the carbonaceous ore process to use a cyanide-free solution during grinding.

With these improvements and the construction of the cyanide destruction module, the company expects to restart processing the stockpiled carbonaceous ore at the mine this month.

"We will have multiple sources of ore requiring different processing methods so as to continue to produce profitable ounces," stated Salvador Garcia, the company's chief operating officer.

Salvador Garcia, BEng, a director of the company and chief operating officer, is the company's qualified person on the project as required under National Instrument 43-101 and has prepared the technical information contained in this press release.

About Starcore International Mines Ltd.

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. While this base of producing assets is complemented by exploration and development projects throughout North America, Starcore has expanded its reach internationally with the project in Ivory Coast. The company is a leader in corporate social responsibility and advocates value-driven decisions that will increase long-term shareholder value.

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