Timmins Gold Corp TSX:TMM announced an updated NI 43-101 resource estimate for its San Francisco gold project in Sonora State, Mexico. From the project’s San Francisco and La Chicharra pits it has resources of 1.58 million ounces gold measured and indicated, and 1.35 million ounces inferred.
CEO Bruce Bragagnolo remarked, “This is another important milestone for the company as the updated resources continue to show that the San Francisco mine life will most certainly expand again beyond its current level. Based on the success of this drill program, the company has restarted the drill program at San Francisco and La Chicharra, and anticipates completing an additional 100,000 metres of drilling in this program.”
by Ted Niles