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Starcore International Mines Ltd.

09:55 AM EST - Starcore International Mines Ltd. : filed the results for the year ended July 31, 2012, for the Company and its mining operations. The Company reports revenues of $57 million, earnings from mining operations of $21.7 million and earnings for the year of $14.34 million, which includes a net $1.33 million loss in financing costs due to net losses in gold forward sales contracts up to May 15, 2012, when the gold forward sales contracts were repurchased by the Company at a close out price averaging $1,562 U.S. per ounce. The basic and diluted income per share for the year ended July 31, 2012 was $0.11 and $0.10, respectively. Starcore International Mines Ltd.

shares T.SAM are trading down $0.05 at $0.41.