SAM Starcore International Mines Ltd

Starcore International Mines Ltd. (the "Company") (TSX:SAM) announces production
results for the third quarter of the fiscal year ending April 30, 2013, at its
San Martin Mine in Queretaro, Mexico. 


Over the 3 months of production, we milled 75,643 tonnes of ore at an average
grade of 2.37 g/t gold and 23 g/t silver resulting in the production of 5,126
gold equivalent ounces. This production represents an increase in production of
282 equivalent ounces from the previous quarter. 


Mill recoveries remained constant from last quarter and averaged 79.25% for gold
and 55.6% for silver during Q3. Silver grades are improving; however, the
contribution to equivalent ounces of gold is reduced due to the rising
gold-to-silver ratio. 


Historically, Q3 is a difficult production period because of the lowest number
of operating days of any quarter and the occurrence of important holidays in
Mexico that generally require the milling of surface stockpiles. The creation of
these stockpiles results in minimizing overtime payments.


"Production results in the third quarter of fiscal 2012-2013 show that the
operation has stabilized and that we are exceeding our production targets. We
continue to see positive cash flows from mine operations every month despite the
recent drop in the price of gold," said Robert Eadie, President & CEO of the
Company. 


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 43-101 and
has prepared the technical information contained in this press release.


ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

Robert Eadie, Executive Chairman, Interim President and Chief Executive Officer 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Starcore International Mines Ltd.
1-604-602-4935, or Toll Free: 1-866-602-4935
1-604-602-4936 (FAX)
info@starcore.com
www.starcore.com

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