Timmins Gold Corp TSX:TMM announced results from La Chicharra Open Pit in Sonora State, Mexico. Highlights include 0.57 g/t gold over 68.6 metres, 0.82 g/t over 36.6 metres, 0.53 g/t over 54.9 metres, 0.91 g/t over 29 metres, 0.77 g/t over 30.5 metres and 0.79 g/t over 32 metres.
La Chicharra is two kilometres from the company’s producing San Francisco Open Pit Gold Mine. A 2010 preliminary feasibility study projects San Francisco will produce 100,000 gold ounces a year at a life-of-mine cost of $489 an ounce.
View Company Profile
by Greg Klein