Timmins Gold Corp T.TMM

NEWS- TMM Extends San Francisco Mine Life to 2023

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Timmins Gold Announces Updated N.I. 43-101 Technical Report; Extends Operations at San Francisco Gold Mine Into 2023

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2016) - Timmins Gold Corp. ("Timmins Gold" or the "Company") (TSX:TMM)(NYSE MKT:TGD) is pleased to announce results of a recently completed National Instrument 43-101 Technical Report ("NI 43-101") for the San Francisco Gold Mine in Sonora State, Mexico, prepared by Micon International Limited ("Micon") of Toronto, Ontario. This news release provides details on the updated Mineral Reserves and Resources, as of July… Read More

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...Mark Backens, Interim CEO adds, "Expected cash flow from operations will comfortably fund the pre- construction work program at Ana Paula while meaningfully contributing to the Company's treasury. Gold production at San Francisco should continue well through the expected start of production at Ana Paula. Further, the cash flow from operations will be an important source of funding for