Starcore Reports Q3 Results
Starcore Reports Q3 Results
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2023) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") has filed the results for the third quarter ended January 31, 2023 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at , or SEDAR at . All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年3月17日)-星芯國際礦業有限公司多倫多證券交易所股票代碼：SAM)(以下簡稱“Starcore”或“公司”)已提交了截至2023年1月31日的公司及其位於墨西哥Queretaro的採礦業務的第三季度業績。公司的財務報表和管理層的討論和分析的完整版本可以在公司的網站上查看，或在SEDAR上查看。除非另有說明，所有財務資訊都是根據“國際財務報告準則”編制的，所有美元金額都以數千加元表示。
"As reported in our production news release last month, we expect the new geological model to define the exploration targets that we will use to continue underground exploration. While we are currently showing positive cash flow from mining operations, we continue to implement cost reductions in all areas of mine and administration, including management, to compensate for lower production," reported Robert Eadie, CEO of the Company.
“正如我們在上個月發佈的生產新聞中所報道的那樣，我們預計新的地質模型將定義我們將用來繼續地下勘探的勘探目標。雖然我們目前顯示來自採礦作業的正現金流，但我們繼續在採礦和行政的所有領域實施成本削減，包括管理，以彌補產量下降的影響。”該公司首席執行官羅伯特·伊迪報告說。
Financial Highlights for the three-month period ended January 31, 2023 (unaudited):
截至2023年1月31日的三個月財務摘要(未經審計)：
- Cash and short-term investments on hand is $7.1 million at January 31, 2023;
- Gold and silver sales of $6.2 million;
- Loss from mining operations of $0.6 million;
- Loss of $1.9 million, or ($0.03) per share;
- EBITDA(1) of ($1.4) million for the nine month period ended January 31, 2023.
- 截至2023年1月31日，手頭的現金和短期投資為710萬美元；
- 黃金和白銀銷售額為620萬美元；
- 採礦業務損失60萬美元；
- 虧損190萬美元，或每股虧損0.03美元；
- EBITDA(1)截至2023年1月31日的9個月期間為(140萬美元)。
The following table contains selected highlights from the Company's unaudited consolidated statement of operations for the three and nine months ended January 31, 2023 and 2022:
下表摘自公司截至2023年1月31日和2022年1月31日的三個月和九個月的未經審計的綜合經營報表：
| (in thousands of Canadian dollars) (Unaudited) |
Three Months ended January 31, |
Nine Months ended January 31, |
||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||
| Revenues | $ | 6,162 | $ | 5,387 | $ | 17,724 | $ | 18,220 | ||||
| Cost of Sales | (6,715 | ) | (4,967 | ) | (17,362 | ) | (14,870 | ) | ||||
| Earnings from mining operations | (553 | ) | 420 | 362 | 3,350 | |||||||
| Administrative expenses, interest and foreign exchange | (1,520 | ) | (880 | ) | (4,290 | ) | (2,630 | ) | ||||
| Unrealized loss on investment | (41 | ) | (41 | ) | (164 | ) | (246 | ) | ||||
| Loss on sale of Toiyabe | - | (1 | ) | - | (40 | ) | ||||||
| Income tax - (expense) recovery | 252 | 111 | (202 | ) | (208 | ) | ||||||
| Net income (Loss) | $ | (1,862 | ) | $ | (391 | ) | $ | (4,294 | ) | $ | 226 | |
| (i) Income (Loss) per share – basic | $ | (0.03 | ) | $ | (0.01 | ) | $ | (0.08 | ) | $ | 0.00 | |
| (ii) Income (Loss) per share – diluted | $ | (0.03 | ) | $ | (0.01 | ) | $ | (0.08 | ) | $ | 0.00 | |
| (單位：千加元) (未經審計) |
截至三個月 1月31日， |
九個月結束 1月31日， |
||||||||||
| 2023年 | 2022年 | 2023年 | 2022年 | |||||||||
| 收入 | $ | 6162 | $ | 5387 | $ | 17,724 | $ | 18,220 | ||||
| 銷售成本 | (6715 | ) | (4967 | ) | (17,362 | ) | (14,870) | ) | ||||
| 採礦業務收益 | (553 | ) | 四百二十 | 三百六十二 | 3350 | |||||||
| 行政費用、利息和外匯 | (1,520 | ) | (880) | ) | (4,290 | ) | (2630 | ) | ||||
| 投資未實現虧損 | (41) | ) | (41) | ) | (164) | ) | (246 | ) | ||||
| Toiyabe的銷售虧損 | - | (1) | ) | - | (40) | ) | ||||||
| 所得稅--(費用)回收 | 二百五十二 | 111 | (202) | ) | (208) | ) | ||||||
| 淨收益(虧損) | $ | (1,862 | ) | $ | (391 | ) | $ | (4,294 | ) | $ | 226 | |
| (I)每股收益(虧損)--基本 | $ | (0.03 | ) | $ | (0.01 | ) | $ | (0.08 | ) | $ | 0.00 | |
| (二)每股收益(虧損)--攤薄 | $ | (0.03 | ) | $ | (0.01 | ) | $ | (0.08 | ) | $ | 0.00 | |
| Reconciliation of Net income to EBITDA(1) | |||||||
| For the nine months ended January 31, | 2023 | 2022 | |||||
| Net income (loss) | $ | (4,294 | ) | $ | 226 | ||
| Loss on sale of exploration property | - | 40 | |||||
| Unrealized loss on investment | 164 | 246 | |||||
| Income tax expense (recovery) | (242 | ) | 208 | ||||
| Depreciation and depletion | 2,929 | 2,515 | |||||
| EBITDA | $ | (1,443 | ) | $ | 3,235 | ||
| EBITDA MARGIN(2) | (8.1% | ) | 17.8% | ||||
| 淨收益與EBITDA的對賬(1) | |||||||
| 截至1月31日的9個月， | 2023年 | 2022年 | |||||
| 淨收益(虧損) | $ | (4,294 | ) | $ | 226 | ||
| 出售勘探財產的損失 | - | 40歲 | |||||
| 投資未實現虧損 | 一百六十四 | 二百四十六 | |||||
| 所得稅支出(回收) | (242) | ) | 208 | ||||
| 折舊和損耗 | 2929 | 2515 | |||||
| EBITDA | $ | (1,443 | ) | $ | 3235 | ||
| EBITDA利潤率(2) | (8.1%) | ) | 17.8% | ||||
(1) EBITDA ("Earnings before Interest, Taxes, Depreciation and Amortization") is a non-GAAP financial performance measure with no standard definition under IFRS. It is therefore possible that this measure could not be comparable with a similar measure of another Corporation. The Corporation uses this non-GAAP measure which can also be helpful to investors as it provides a result which can be compared with the Corporation's market share price.
(2) EBITDA MARGIN is a measurement of a company's operating profitability calculated as EBITDA divided by total revenue. EBITDA MARGIN is a non-GAAP financial performance measure with no standard definition under IFRS. It is therefore possible that this measure could not be comparable with a similar measure of another Corporation. The Corporation uses this non-GAAP measure which can also be helpful to investors as it provides a result which can be compared with the Corporation's market share price.
(1)EBITDA(“扣除利息、稅項、折舊和攤銷前的收益”)是一項非公認會計準則的財務業績衡量標準，在“國際財務報告準則”中沒有標準定義。因此，這一措施可能無法與另一家公司的類似措施相提並論。本公司採用這一非公認會計準則計量方法，由於其提供的結果可與本公司的市場份額價格進行比較，因此也可能對投資者有所幫助。
(2)EBITDA利潤率是用EBITDA除以總收入來衡量一家公司的經營盈利能力。EBITDA利潤率是一項非公認會計準則財務業績指標，在國際財務報告準則下沒有標準定義。因此，這一措施可能無法與另一家公司的類似措施相提並論。本公司採用這一非公認會計準則計量方法，由於其提供的結果可與本公司的市場份額價格進行比較，因此也可能對投資者有所幫助。
Production Highlights for the three month period ended January 31, 2023:
截至2023年1月31日的三個月的生產要點：
- Equivalent gold production of 2,182 ounces;
- Mine operating cash cost of US$1,793/EqOz;
- All-in sustaining costs of US$1,866/EqOz for the nine months ended January 31, 2023.
- 當量黃金產量為2182盎司；
- 礦山運營現金成本為1,793美元/盎司；
- 截至2023年1月31日的9個月的總維持成本為1,866美元/EqOz。
The following table is a summary of mine production statistics for the San Martin mine for the three and nine months ended January 31, 2023 and for the previous year ended April 30, 2022:
下表是截至2023年1月31日的三個月和九個月以及截至2022年4月30日的前一年的聖馬丁礦生產統計數據摘要：
| Actual Results for | |||||
| Unit of measure |
3 months ended January 31, 2023 |
9 months ended January 31, 2023 |
12 months ended April 30, 2022 |
||
| Mine Production of Gold in Dore | thousand ounces | 2.1 | 7.1 | 10.0 | |
| Mine Production of Silver in Dore | thousand ounces | 8.1 | 38.1 | 85.4 | |
| Gold equivalent ounces | thousand ounces | 2.2 | 7.6 | 11.2 | |
| Silver to Gold equivalency ratio | 80.1 | 85.4 | 75.0 | ||
| Mine Gold grade | grams/tonne | 1.30 | 1.48 | 1.58 | |
| Mine Silver grade | grams/tonne | 8.8 | 14.2 | 23.0 | |
| Mine Gold recovery | percent | 85.2% | 87.4% | 88.2% | |
| Mine Silver recovery | percent | 48.9% | 48.7% | 51.4% | |
| Milled | thousands of tonnes | 58.6 | 171.0 | 224.4 | |
| Mine operating cash cost per tonne milled | US dollars/tonne | 67 | 67 | 62 | |
| Mine operating cash cost per equivalent ounce | US dollars/ounce | 1,793 | 1,511 | 1,239 | |
| 的實際結果 | |||||
| 計量單位 |
截至3個月 2023年1月31日 |
截至9個月 2023年1月31日 |
截至12個月 2022年4月30日 |
||
| 多爾的黃金礦山生產 | 1000盎司 | 2.1 | 7.1 | 10.0 | |
| 多爾的白銀礦山生產 | 1000盎司 | 8.1 | 38.1 | 85.4 | |
| 黃金當量盎司 | 1000盎司 | 2.2 | 7.6 | 11.2 | |
| 白銀與黃金當量比 | 80.1 | 85.4 | 75.0 | ||
| 礦山黃金品位 | 克/噸 | 1.30 | 1.48 | 1.58 | |
| 礦山銀品位 | 克/噸 | 8.8 | 14.2 | 23.0 | |
| 礦山黃金回收 | 百分比 | 85.2% | 87.4% | 88.2% | |
| 礦山白銀回收 | 百分比 | 48.9% | 48.7% | 51.4% | |
| 已碾磨 | 幾千噸 | 58.6 | 171.0 | 224.4 | |
| 每噸磨礦的經營現金成本 | 美元/噸 | 67 | 67 | 62 | |
| 每當量盎司的礦山運營現金成本 | 美元/盎司 | 1793 | 1511 | 1239 | |
Salvador Garcia, P. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person on the project as required under NI 43-101and has prepared the technical information contained in this press release.
董事公司董事兼首席運營官薩爾瓦多·加西亞根據NI 43-101的要求，是公司在該專案中的合格人員，並已準備好本新聞稿中包含的技術資訊。
About Starcore
關於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: .
Starcore International Mines專注於貴金屬生產，在墨西哥擁有豐富的經驗。這一生產資產基礎與整個北美的勘探和開發專案相輔相成。該公司是企業社會責任領域的領導者，倡導以價值為導向的決策，這些決策將增加長期股東價值。您可以在投資者友好網站上找到更多資訊：
ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.
Signed "Gary Arca"
Gary Arca, Chief Financial Officer and Director
代表STARCORE國際
礦業有限公司
署名“加裡·阿爾卡”
加裡·阿爾卡，董事首席財務官
FOR FURTHER INFORMATION PLEASE CONTACT:
欲瞭解更多資訊，請聯繫：
GARY ARCA
加裡·阿卡
Telephone: (604) 602-4935 ext. 214
Email: garca@starcore.com
電話：(604)602-4935分機。214
電子郵件：郵箱：garca@starcore.com
The Toronto Stock Exchange has not reviewed nor does it accept responsibility
for the adequacy or accuracy of this press release.
多倫多證券交易所尚未審查，也不承擔責任
這篇新聞稿的充分性或準確性。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。