ASX 200 Starcore unveils San Martin mine output update

3 min read | August 19, 2025 03:29 PM AEST | By Team Kalkine Media

 

Highlights

  • Starcore International Mines (TSX:SAM) reported new production results from the San Martin operation in Mexico

  • The company fine-tuned its carbon-in-leach plant to improve processing of carbonaceous ore

  • Ore from the San Jose area is being developed and combined with San Martin output to feed the oxide plant

Starcore International Mines (TSX:SAM) released its latest operational update from the San Martin mine in Mexico, where the focus remained on gold and silver extraction. The mine has long been a contributor within the precious metals sector and continues to refine its processing methods. In the context of wider markets, references to indices such as the asx 200 highlight the relevance of global mining activities alongside broader equity performance.

San Martin mine operations

The San Martin mine has been active for decades, expanding over time to enhance daily processing capacity. In recent updates, the operation processed ore through its facilities, with a significant portion sourced from stockpiles and the San Jose mine area. These ore sources have contributed to sustaining mill feed while extending the life of the operation.

Carbon-in-leach plant performance

The company invested in refining its carbon-in-leach plant, which was established to treat carbonaceous ore that could not be processed using traditional cyanidation. Adjustments made during recent quarters aimed to optimise recovery outcomes and stabilise overall plant performance.

San Jose ore integration

Development work in the San Jose mine area, situated in the southern part of San Martin, has yielded reserves at depth. These reserves are being utilised in conjunction with the main San Martin ore to supply the oxide processing facility. While recoveries from this material have been slightly more challenging due to preg-robbing effects, the integration has added to the overall resource base.

Processing challenges

Processing of ore with higher clay content has presented difficulties. Clays within the ore tend to absorb gold and silver when exposed to cyanide solution, thereby reducing overall recovery. This challenge has been recognised, and operational teams continue to refine processing techniques to counteract such effects.

Market backdrop

While the company continues with operational improvements at San Martin, the wider gold market remains influenced by global events. Precious metals pricing has shown variability as geopolitical discussions and central banking policies drive sentiment. The San Martin results therefore sit against a backdrop where commodity prices play an important role in sector outlooks.

Starcore’s mining footprint

Starcore International Mines (TSX:SAM) has maintained its presence in Mexico’s precious metals sector for many years. The company’s expertise lies in both production and processing of gold and silver ore, with continuous development programs supporting its operations. The San Martin mine remains central to this footprint, contributing consistent throughput and output.

Frequently Asked Questions

  • What is Starcore International Mines’ primary focus?
    The company is focused on gold and silver production in Mexico.
  • Where is the San Martin mine located?
    The San Martin mine is situated in Mexico and has been operating for decades.
  • What processing method is used at San Martin?
    The operation utilises both traditional cyanidation and a carbon-in-leach plant for carbonaceous ore.

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