Starcore International Mine (TSE:SAM) has released an update.
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Starcore International Mines Ltd. has partnered with Kappes, Cassiday & Associates to initiate an environmental rehabilitation project focused on the El Oro mine tailings in Mexico, aiming to restore the environment and extract value from the remnants’ gold and silver content. The collaboration will see KCA handling technical aspects and Starcore operating the project, with profits to be shared after Starcore recovers its construction costs for the processing plant. Additionally, Starcore is raising $500,000 through a private placement to fund metallurgical testing at its San Martin Mine.
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