Vancouver, B.C. - Starcore International Mines Ltd. (the “Company”) is pleased to announce the results of its Annual General Meeting of Shareholders held on January 13, 2012.

• Shareholders voted for the re-election of the following directors:
  • Robert Eadie (Executive Chairman, CEO and Interim President)
  • Gary Arca (Chief Financial Officer)
  • David Gunning (Chief Operating Officer)
  • Cory Kent (Corporate Secretary)
  • Jordan Estra
  • Ken Sumanik
  • Federico Villaseñor
  • Arturo Préstamo
• Deloitte & Touch LLP, Chartered Accountants, were appointed as the Company’s auditors

For more information on the Company visit our website at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.

Signed “Robert Eadie”
Robert Eadie
Executive Chairman, CEO and Interim President

FOR FURTHER INFORMATION PLEASE CONTACT: Robert Eadie
Telephone: 1-604-602-4935
Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936

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