October 6, 2022      TSX:  SAM

OTCQB: SHVLF

Starcore Announces Results of Annual General Meeting

Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “Company”) reports the results of its annual general meeting of shareholders (the “Meeting”) held on October 6, 2022.

Shareholders elected all directors nominated by management, as follows:

Director	Percentage of Votes For
Pierre Alarie	79.69%
Gary Arca	79.69%
Robert Eadie	79.69%
Jordan Estra	99.95%
Salvador Garcia	79.69%
Tanya Lutzke	99.95%
Federico Villaseñor	99.95%

Shareholders also approved all other matters presented at the Meeting, including the appointment of Davidson & Company LLP, Chartered Professional Accountants, as auditors of Starcore.

Subsequent to the Meeting, the Board of Directors appointed Robert Eadie as Executive Chairman and Chief Executive Officer, Pierre Alarie as President, Gary Arca as Chief Financial Officer, Salvador Garcia as Chief Operating Officer and Cory Kent as Corporate Secretary.

About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This base of producing assets is complemented by exploration and development projects throughout North America. The company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.

Signed “Robert Eadie”Robert Eadie, Chief Executive Officer

Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6

Telephone:  (604) 602-4935   Fax:  (604) 602-4936    e-mail. info@starcore.com    website:  www.starcore.com

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FOR FURTHER INFORMATION PLEASE CONTACT:

EVAN EADIE
Investor Relations
Telephone:  (604) 602-4935 x 230
Toll Free:   1-866-602-4935  
Email: eeadie@starcore.com

The Toronto Stock Exchange has not reviewed, nor does it accept responsibility
for the adequacy or accuracy of this press release.