# Starcore Finalizes Silver Mine Lease Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/starcore-finalizes-silver-mine-lease--72082c48-8c06-432f-a2ff-33d764e1bb6a Original source: https://money.tmx.com/en/quote/SAM/news/4987759465327427/starcore-finalizes-silver-mine-lease Publisher: tmx Original announcement: 2025-10-15T21:14:00.000Z 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 - Document categories: Metallurgy, Agreement transaction - Extracted: 2026-09-12 23:14:23 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Starcore International Mines has finalized a ten-year lease for the Tortilla Project in Queretaro, Mexico, involving a historical silver mine. Preliminary metallurgical flotation tests on the sulfide zone showed 91.49% silver recovery and 48.25% gold recovery. Reasoning: The company secured a long-term lease on a high-grade silver project with promising preliminary metallurgical results. - Positive factor: Secured 10-year lease on historical silver mine - Positive factor: High-grade silver intercepts in both oxide and sulfide zones - Positive factor: Favorable preliminary metallurgical flotation results - Positive factor: Qualified Person sign-off provided - Negative factor: No historical production records available - Negative factor: Sampling widths represent gallery width, not full structure Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release identifies Salvador Garcia, B. Eng., as the Qualified Person \(QP\) for the technical information. Evidence · text > Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person on the project **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Silver recovery of 91.49% meets the exceptional threshold for silver flotation. Evidence · text > silver recovery: 91.49% **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Metallurgical Results (2) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/starcore-finalizes-silver-mine-lease--72082c48-8c06-432f-a2ff-33d764e1bb6a#fact-metallurgical-facts-0) Tortilla Project · silver #### Identity - Project: Tortilla Project - Commodity: silver - Region: mexico - Reported Region: Queretaro, Mexico - Ticker: SAM #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation - Sample: representative samples from the sulfide zone #### Recovery - Recovery: 91.49 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: 91.49% silver recovery via flotation is a strong result. - Positive factor: Recovery is in the strong/exceptional band for silver flotation Evidence · text > silver recovery: 91.49% #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 91.49% is at or above the exceptional band \(90%\) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/starcore-finalizes-silver-mine-lease--72082c48-8c06-432f-a2ff-33d764e1bb6a#fact-metallurgical-facts-1) Tortilla Project · gold #### Identity - Project: Tortilla Project - Commodity: gold - Region: mexico - Reported Region: Queretaro, Mexico - Ticker: SAM #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: flotation - Sample: representative samples from the sulfide zone #### Recovery - Recovery: 48.25 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: 48.25% gold recovery is below typical commercial expectations for gold flotation. - Negative factor: Gold recovery is relatively low Evidence · text > gold recovery: 48.25% #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 48.25% is below the weak band \(80%\) ## 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.