Starcore Engages Financial Advisor

* Reuters is not responsible for the content in this press release.

Thu Nov 12, 2009 9:03am EST 

  VANCOUVER, BRITISH COLUMBIA, Nov 12 (MARKET WIRE) -- 
Starcore International Mines Ltd. (the "Company") (TSX: SAM) is pleased
to announce that it has engaged Jordan Capital Markets Inc. ("Jordan
Capital") as its financial advisor. Jordan Capital will advise Starcore
with respect to corporate and strategic alternatives and will include the
provision by Jordan of financial analysis and advice to the Company
regarding any potential merger, acquisition, substantial asset purchase
or sale, or other such transactions contemplated by the Company, or in
responding to any offers for such transactions with the Company that may
be made by one or more parties.

    Should a transaction of a nature as described in the foregoing be
completed, the agreement with Jordan Capital contemplates the payment of
success-based fees by Starcore.

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

    ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

    Robert Eadie, President & CEO

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

Contacts:
Starcore International Mines Ltd.
Robert Eadie
1-604-602-4935 or Toll Free: 1-866-602-4935
1-604-602-4936 (FAX)
www.starcore.com

Copyright 2009, Market Wire, All rights reserved.

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