Friday 28th October 2016

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Timmins reports Mexico Gold Assays up to 7.51 g/t over 10.7m

Timmins Gold Corp TSXV:TMM announced assays from its San Francisco Gold Mine in Sonora State, Mexico. Results include 3.49 g/t gold over 7.6 metres, 1.15 g/t over 18.3 metres, 2.14 g/t over 12.2 metres, 1.58 g/t over 13.7 metres, 2.05 g/t over 15.2 metres, 3.69 g/t over 9.1 metres, 2.44 g/t over 10.7 metres, 1.46 g/t over 13.7 metres, 1.11 g/t over 15.2 metres, 1.19 g/t over 12.2 metres, 7.51 g/t over 10.7 metres, 1.46 g/t over 21.3 metres and 1.82 g/t over 16.8 metres.

In April 2010, Timmins commenced commercial production at its wholly owned San Francisco gold mine in Sonora, Mexico. Timmins Gold has projected production at a rate of approximately 100,000 ounces of gold per year at a life of mine cash cost of approximately $489 per ounce.

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