Mr. Robert Eadie reports

STARCORE ANNOUNCES FOURTH QUARTER PRODUCTION RESULTS

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

This quarter, Starcore achieved a significant milestone in commissioning the new processing circuit, including the ADR (adsorption, desorption and recovery) plant, for carbonaceous ore treatment. To date, the plant has milled 5,000 tonnes of stockpiled ore grading 2.1 grams per tonne of gold and 26 grams per tonne of silver in the start-up phase. Recoveries were 80 per cent for gold and 76 per cent for silver, as expected based on metallurgical investigations, with a dore production of 180 gold equivalent ounces. The mine has ramped up development and mining activity as planned, producing 140 tonnes per day of carbonaceous ore, and the company has engaged a contractor for the necessary additional works.

Other operations continue as normal, exploring and developing a new area in the southern part of the mine, where the San Martin mine began 30 years ago as an open-pit operation and is now focused on the depths of that area called the San Jose mine.

"We are very excited about the success of the new carbonaceous ore process as it represents an extension of the mine life," stated Salvador Garcia, the company's chief operating officer. "This paves the way for continuing to explore the great potential we have at San Martin in oxides and carbonaceous ore."

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 grams per tonne 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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