Mr. Robert Eadie reports

FIRST DORE BAR PRODUCED AT STARCORE'S ALTIPLANO PLANT

Starcore International Mines Ltd.'s Altiplano plant located in Matehuala, Mexico, commenced commercial production as of Feb. 15, 2016, pouring its first dore bar, weighing in at 21.131 kilograms.

"The plant is open for business," said Robert Eadie, president of the company. "This is a huge milestone for us in Mexico. With Altiplano's leaching process, we are able to offer the local miners more flexible financing options compared to what is currently being made available to them by smelters and international traders. We see the Altiplano plant as a synergistic cash-flow producing arm of the company, growing our asset base for our shareholders."

The dore bar will be shipped to a refinery and the results will be forthcoming.

Located within a historic mining district in an area that is home to numerous medium-sized mining operations, the Altiplano plant is a newly designed facility that has the best equipment and operations team to offer an accessible leaching process to miners and concentrate producers.