Starcore International Mines Ltd. (TSX: SAM) ('Starcore' or 'the Company') announces production results for the third fiscal quarter ended January 31, 2020, at its San Martin Mine ('San Martin') in Queretaro, Mexico.

'The results of our operational excellence programs at the San Martin mine are starting to gain traction and have resulted in improved production, gold grade and gold recovery quarter over quarter' reported Salvador Garcia, Chief Operating Officer of the Company. 'Our focus is on strict cost and dilution control measures that will result in better head grade.'

'In addition to these ongoing improvements, this is an exciting time for the Company as we explore the Santa Elena target. The exploration program is using contractors to drill surface and underground targets and, currently, we are awaiting our first assay results.'

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.

Contact:

Tel: (604) 602-4935

Email: eeadie@starcore.com

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