Timmins Gold

On site at present, Timmins Gold's mining and crushing operations are continuing with the available Komatsu shovel and six Caterpillar 100 ton trucks until the full mining fleet arrives. Over 100,000 metric tonnes of ore have been stacked on the heap leach pads and gold leaching has begun.

about 8 years ago

Reserves Estimate for San Francisco Gold Mine

2016-08-23 06:38:00 AM ET (MT Newswires)

06:38 AM EDT, 08/23/2016 (MT Newswires) -- Timmins Gold (TGD) reported an updated mineral resource and reserves estimate for its San Francisco Gold Mine in Mexico.

Reserves after mining recovery and dilution were 574,000 gold ounces grading 0.56 g/t (gram per tonne) at $1,250 per gold ounce. On the other hand, measured and indicated resources were 1.0 million gold ounces grading 0.58 g/t at $1,350 per gold ounce.

Life-of-mine production is also estimated to be between 450,000 and 500,000 gold ounces.

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