Vancouver, B.C. - Starcore International Mines Ltd. (the “Company”) is pleased to announce the appointment of Ralf Kleine as President of the Company, with overall responsibility for the day-to-day operations at the San Martin Mine in Queretaro, Mexico. As Executive Chairman and CEO, Robert Eadie will continue to be responsible for providing strategic leadership and forging new pathways to solidify and expand the Company’s asset base.
Prior to his appointment, Mr. Kleine served as Starcore’s technical consultant at San Martin, and a member of the Technical Advisory Board. Formerly President of Asamera Minerals Inc., his strong background and over 40 years of extensive experience in developing and bringing 13 mines to production in Canada, the USA, Mexico, and Latin America are the cornerstones of Kleine’s career. Ralf Kleine received his early education in Germany and came to Canada in 1956 where he started his mining career in the Red Lake Camp of Ontario. After completing Engineering and Management courses, he was granted registration as a Professional Mining Engineer in Ontario and Alberta. He has since published several technical mining papers in the CIMM Bulletin, the Canadian Mining Journal and the Engineering and Mining Journal.
Kleine is a life-time member of the CIM and resides in Mexico.
“Ralf will have a singular purpose as President of the Company,” said CEO Robert Eadie, “and that is, to consolidate and execute our programs to elevate our mine performance at San Martin and increase the efficiency and profitability of our operations.”
In conjunction with his appointment, Mr. Kleine has been granted incentive stock options to acquire 750,000 shares in the Company at a price of $0.15 per share, and subject to the Company’s stock option plan and vesting provisions.
For more information on the Company visit our website at www.starcore.com.
ON BEHALF OF STARCORE INTERNATIONAL
Signed “Robert Eadie”
Robert Eadie, President
FOR FURTHER INFORMATION PLEASE CONTACT: Robert Eadie
Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936
The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.