# Starcore Reports on Its Silver Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/starcore-reports-on-its-silver-project--edf75718-5841-482c-bb82-5a0dd71efe52 Original source: https://money.tmx.com/en/quote/SAM/news/4720454770276356/starcore-reports-on-its-silver-project Publisher: tmx Original announcement: 2025-07-14T06:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Starcore International Mines Ltd. - Ticker: SAM - Exchange: TSX - Region: Queretaro, Mexico - Primary commodity: Silver - Secondary commodities: Gold, Copper, Lead, Zinc, Selenium, Iron ore - Document categories: Metallurgy - Extracted: 2026-08-21 07:49:23 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Starcore reports metallurgical test results for its Tortilla Project in Mexico, demonstrating that CIL processing significantly enhances recoveries. After 72 hours, silver recovery reached 84.75% and gold recovery reached 79.85% using granular activated carbon. Reasoning: Metallurgical testing demonstrates that adding granular activated carbon \(CIL\) significantly improves both gold and silver recoveries, validating a viable processing route for the high-grade silver project. - Positive factor: Significant recovery improvement with CIL process - Positive factor: High silver head grade - Positive factor: Qualified Person sign-off - Negative factor: Standard leaching recoveries are relatively low Facts used in scoring: 4 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The company demonstrates that the mineral can be effectively processed using the CIL \(carbon-in-leach\) process. Evidence · text > demonstrates that the mineral can be effectively processed using the CIL \(carbon-in-leach\) process. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Salvador Garcia, B. Eng., is named as the qualified person on the project. Evidence · text > Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Metallurgical Results (4) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/starcore-reports-on-its-silver-project--edf75718-5841-482c-bb82-5a0dd71efe52#fact-metallurgical-facts-0) gold #### Identity - Commodity: gold - Ticker: SAM #### Test Work - Processing Route: cyanidation with granular activated carbon \(CIL\) - Sample: Metallurgical test head grade - Leach Time: 72 hours #### Recovery - Recovery: 79.85 % - Recovery Basis: actual\_test - Head Grade: 2.15 - Head Grade Unit: gr/ton #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-14T00:00:00.000Z Reasoning: 79.85% recovery at 72 hours using CIL is a strong result for gold. - Positive factor: High recovery for CIL route Evidence · text > Leaching with granular activated carbon significantly enhanced gold recoveries, increasing to 79.85% ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/starcore-reports-on-its-silver-project--edf75718-5841-482c-bb82-5a0dd71efe52#fact-metallurgical-facts-1) silver #### Identity - Commodity: silver - Ticker: SAM #### Test Work - Processing Route: cyanidation with granular activated carbon \(CIL\) - Sample: Metallurgical test head grade - Leach Time: 72 hours #### Recovery - Recovery: 84.75 % - Recovery Basis: actual\_test - Head Grade: 968.33 - Head Grade Unit: gr/ton #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-14T00:00:00.000Z Reasoning: 84.75% silver recovery at 72 hours using CIL is a strong result. - Positive factor: High silver recovery Evidence · text > while silver recoveries rose to 84.75% ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/starcore-reports-on-its-silver-project--edf75718-5841-482c-bb82-5a0dd71efe52#fact-metallurgical-facts-2) gold #### Identity - Commodity: gold - Ticker: SAM #### Test Work - Processing Route: Standard Leaching - Sample: Standard Leaching \(no carbon\) - 72 hours - Leach Time: 72 hours #### Recovery - Recovery: 56.25 % - Recovery Basis: actual\_test - Head Grade: 2.15 - Head Grade Unit: gr/ton #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-14T00:00:00.000Z Reasoning: 56.25% recovery is relatively low for gold, highlighting the necessity of the CIL process. - Negative factor: Low recovery without carbon Evidence · text > indicated a recovery of 56.25% for gold ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/starcore-reports-on-its-silver-project--edf75718-5841-482c-bb82-5a0dd71efe52#fact-metallurgical-facts-3) silver #### Identity - Commodity: silver - Ticker: SAM #### Test Work - Processing Route: Standard Leaching - Sample: Standard Leaching \(no carbon\) - 72 hours - Leach Time: 72 hours #### Recovery - Recovery: 78.23 % - Recovery Basis: actual\_test - Head Grade: 968.33 - Head Grade Unit: gr/ton #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-14T00:00:00.000Z Reasoning: 78.23% recovery is moderate for silver without carbon. Evidence · text > and 78.23% for silver. ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.