Core Insights - Starcore International Mines Ltd. reported significant improvements in production at its San Martin Mine for the third fiscal quarter ended January 2026, following the resolution of preg-robbing issues [2][5] - The company successfully extended high-grade ore bodies in the northern part of the operation, with new mining yielding approximately 5 grams of gold and 80 grams of silver per ton [3] - Preparations for a new survey in the northern concession area are underway, focusing on anomalies identified in previous geophysical studies [4] Production Results - Ore milled increased by 1% quarter-over-quarter to 52,609 tonnes, and year-to-date production rose by 10% to 158,816 tonnes [6] - Gold equivalent ounces produced were 2,162, marking a 16% increase from the previous quarter, although year-over-year production decreased by 6% [6] - Gold grade remained stable at 1.33 grams per ton, while silver grade improved by 26% to 18.29 grams per ton compared to the previous quarter [6] - Gold recovery rates increased by 11% to 85.72%, while silver recovery rates decreased by 6% to 46.37% [6] Strategic Focus - The company aims to concentrate on higher-grade extensions to enhance metal production and profitability, aligning with its guiding principle of maximizing shareholder value [5] - The ongoing exploration and mining efforts are expected to contribute positively to the company's production and financial performance in the upcoming quarters [3][4]

Core Viewpoint - Starcore International Mines Ltd. provides an update on the geological characteristics of its Kimoukro Project, located in the Fetekro-Oumé greenstone belt in Côte d'Ivoire, highlighting its potential for gold mineralization due to favorable geological conditions [1][21]. Geological Overview - The Kimoukro Project is situated in a fully-permitted exploration area within the Fetekro-Oumé greenstone belt, known for hosting significant gold deposits, yet remains underexplored [2][21]. - The Fetekro-Oumé greenstone belt consists of Paleoproterozoic basalts, andesites, and volcano-sedimentary sequences, characterized by structural complexity and deformation from the Eburnean Orogeny [3][4]. - The local geology includes alluvial sediments, primarily clay, with gold anomalies, and a maximum thickness of 20 meters [6][7]. Structural Geology - The structural framework reflects progressive deformation from the Eburnean orogeny, with steeply dipping foliation planes and evidence of multiple tectonic events [9][10][12]. - The area has undergone significant deformation phases, with quartz veining associated with shear deformation and varying structural styles depending on the host rock [13][18]. Mineralization - Gold mineralization at Kimoukro is both primary and secondary, with primary mineralization being structurally controlled and associated with shear quartz veins and intrusion-related systems [14][21]. - Significant gold anomalies have been identified, including a 2 km x 600 m area with over 50 ppb Au and a 600 x 400 m zone with over 200 ppb Au [15][16]. - Artisanal mining activities have returned gold grades between 0.5 to 1.5 g/t Au, with peaks of 18 g/t Au near granite-tonalite contacts [16][19]. Exploration Potential - The geological characteristics and mineralization styles at Kimoukro align with key gold systems in the Fetekro-Oumé belt, indicating strong potential for further discoveries [21]. - Exploration targets include deformation and alteration halos around granite-tonalite contacts, which are considered prospective for further exploration [20].