![](https://jksfinancial.info/wp-content/uploads/2020/02/homepage-image-4.jpg)
- February 7, 2020
- 881
- Investing
-
Gold investment benefits and Starcore gold producer
Gold producer in Mexico and gold investment benefits: Speaking of gold, it is easily the oldest form of currency in use on earth. It was used by our ancestors centuries ago and is still used today, its mention can even be found in the epics of Hindu mythology which highlights the position that gold holds in the Indian and especially Hindu culture. It is considered as a carrier of good luck and thus is gifted to the new brides and other important milestones of life as well. Therefore, one of the tools which are popular for this purpose is the financial investment which allows a person to multiply his savings by investing it into one of the multiple options available like mutual funds, real estate, gold etc.
Starcore International Mining and El Creston Property development news: The Red Hill West Zone is located immediately adjacent to the western boundary of the Red Hill Zone. The zone refers to a 500 metre wide by 500 metre long zone of quartz vein stockwork, hosted by Creston Granite, in which appreciable, >100 ppm, values of molybdenum occur. The host rock is typically oxidized and variably sericitized. Chip sample results include 3 metres averaging 0.083% Mo and a 12 metre composite averaging 0.043% molybdenum. Copper values are negligible. The zone has not been drilled. Discover more details at Undervalued gold company.
Since 2006, Golden Oasis (later ACM) has conducted an intensive program of geologic mapping, geophysical surveys, compilation and drilling. This work has increased the knowledge of the mineralized system, identified a drill defined resource, and helped define at least five viable targets for further exploration. ACM had anticipated continuing exploration of the Courtney target. To date ACM’s work has identified the favorable stratigraphy and potential feeder faults sufficiently that deeper drilling of Pipeline style targets is recommended. A single 1,500 feet long angle core hole is recommended in order to test favorable host rocks adjacent to one of the more favorable north-northwest feeder faults.
The flagship property of Starcore International Mines is the San Martin gold and silver mine. The mine has been in operation since 1993 at 350tpd and currently operates at 850tpd. The mine was acquired by Starcore in February of 2008 from Goldcorp who had acquired the asset through the takeover of Wheaton River. The mine is an underground epithermal deposit with gold quartz based limestone and has an average gold grade of 2.31 grams and 18 grams of silver ( NI 43-101 2014 Dave Gunning, Joe Campbell). The historical production of the mine is over half a million ounces and the mine sits on 100% owned claim package of 12,992 hectares, which offers the upside of exploration and the possibility of discovering the source of the current mineralization. Find more details at https://starcore.com/.