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West Timmins Mining Inc.

Publié le 11 juillet 2007

Gold Project Exploration Update

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Mots clés associés :   Canada | G Mexico |
July�11,�2007

West Timmins Gold Project Exploration Update


(Vancouver, July 11, 2007) West Timmins Mining Inc. (TSX: WTM) herein provides an update on exploration activities on its West Timmins Gold Project. Highlights include:
  • Average 16% increase in gold grade associated with gravimetric fire assay of previously reported results from the Thorne Property
  • Signing of a Formal Option Agreement on the Northshore Property
  • Intersection of a 26.85 metre zone of anomalous gold mineralization on the Beach Property
  • Amending of Terms of the Beach Property Option Agreement
  • Vesting of a 100% interest in the Bank, Overbank, Wood and Marsh Properties

Thorne Property

Gravimetric fire assays results have now been received for a number of gold mineralized intervals from the 4800 Zone on the Thorne Property, part of the Company's West Timmins Gold Project. The gravimetric assays have resulted in an average 16% increase in the gold grade for the intervals previously reported (see Table below: NR07-11, March 28, 2007).

The results from 5 additional drill holes testing geophysical anomalies on the Thorne Property have now been received. Holes GS07-20, -21 and -22 intersected graphitic sediments along the eastern margin of the property and returned no anomalous gold mineralization. Holes GS07-23 and GS07-24 tested I.P. anomalies 450 and 250 metres south of the Golden River Zone respectively. Hole GS07-23 intersected two intervals of anomalous gold mineralization over narrow widths.�

An additional four holes have now been completed on the Thorne Property for which results are pending.

Northshore Propert

West Timmins Mining and a private company have now signed a formal option agreement, pursuant to the letter agreement initially announced September 7, 2005 (Sydney Resource Corp. news release 05-12), whereby WTM can earn up to a 70% interest in the gold exploration and development rights to the Northshore Property. The Northshore Property sits immediately north of Lake Shore Gold's 1.3 million ounce (3.3 mT @ 12.3 g/t) Timmins West gold deposit. Shafted sinking as part of an advanced underground exploration program at Timmins West is currently underway.

Under the terms of the formal option agreement West Timmins may earn an initial 50% interest in the Northshore Property by incurring $3,000,000 (minus expenditures to date) in exploration expenditures on the property prior to May 11, 2010. All other conditions originally announced on September 7, 2005 have now been met. Upon earning the initial 50% interest West Timmins may elect to earn a further 20% interest in the Property by completing a National Instrument 43-101 compliant resource statement showing a minimum resource of 750,000 ounces of gold or gold equivalent and preparing an industry standard feasibility study within an additional 5 year period.

Exploration drilling on the Northshore Property is expected to resume within the next two months.

Beach Property

West Timmins Mining and Probe Mines Ltd. (TSXV: PRB) announce that the terms of the Beach Property option agreement, originally announced November 8, 2005 (See Sydney Resource Corp. news release 05-22), whereby the Company can earn up to a 70% interest in the Beach Property, have been amended as a result of due diligence investigations by WTM. The Beach Property is located immediately northeast of the Timmins West project and adjacent to the Northshore Property.

Under the revised terms of the Beach Property option agreement WTM may earn an initial 55% interest in the Beach Property by making a single cash payment of $25,000 (a decrease of $30,000), issuing 325,000 common shares of the Company (a decrease of 75,000 shares) and completing $1,000,000 in exploration expenditures on the property (a decrease of $1,000,000) prior to June 30, 2010. The terms and conditions of the Second Option, to earn an additional 15% interest, remain unchanged.

Ten drill holes have been completed to date on the Beach Property testing geological and geophysical targets. Hole BE-05, drilled in proximity to the sediment-volcanic contact along strike from the Timmins West discovery, intersected a broad zone of anomalous gold mineralization returning 26.85 metres grading 0.23 g/t gold between 123.3-150.15 metres. This intercept is interpreted to represent 115% of true thickness. No other significant assays were returned from the drilling on the property. Drilling is expected to resume on the Beach Property within the next two weeks.

Bank, Overbank, Wash and Marsh Properties

West Timmins Mining has now successfully vested a 100% interest in each of these four properties which form part of the West Timmins Gold Project.

Quality Control and Assurance

Geochemical results reported herein are from halved drill core samples collected from the Company's West Timmins Gold project. Drill results reported were collected by the Company and are subject to the Company's quality control program. For quality control purposes blank, duplicate and analytical control standards were inserted into the sample sequence at irregular intervals. Sampling of the drill core was conducted on site at the Company's Timmins exploration office by trained personnel and sealed samples were transported to the analytical facilities of Accurassay in Thunder Bay, Ontario. Samples were assayed for gold by standard fire assay-ICP finish with a 50 gram charge. Gold values in excess of 3.00 g/t have been re-submitted for fire assay with gravimetric finish as part of the Company's quality control program. The remaining half of the drill core is stored on-site at the Company's Timmins exploration office. Mr. Darin Wagner (M.Sc., P.Geo), the Company's President, has acted as qualified person for this news release. The qualified person has examined the drill core from the holes reported and has reviewed the sampling and quality control procedures.

About West Timmins Mining Inc. - (www.westtimminsmining.com)

West Timmins currently has four active drill programs, completing a total of 35,000 metres, on its gold and related base metal exploration projects in the Sierra Madre Belt of Mexico and in the Timmins Gold Camp of Northern Ontario. West Timmins is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.

-30-

On behalf of the Board of West Timmins Mining Inc.

"Darin W. Wagner"�������������������������������������������������������������

Darin W. Wagner, �P. Geo.

President and Chief Executive Officer

For Further Information: Contact Elaine Einarson, Manager, Corporate Development, Toll Free at 1.866.685.8311 or by e-mail at info@westtimminsmining.com.

The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

For further detail on West Timmins Mining Inc.� please refer to prior disclosure at www.SEDAR.com.

The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and such securities may not be offered or sold in the United States absent an exemption from such registration requirements.

This press release contains forward looking statements within the meaning of applicable under Canadian and U.S. securities regulation, including statements regarding the future activities of the Company.� Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly.� The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com.� Investors are cautioned not to place undue reliance upon forward looking statements.

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

West Timmins Mining Inc.

CODE : WTM.TO
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West Timmins est une société d’exploration minière basée au Canada.

West Timmins est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 422,2 millions CA$ (404,2 millions US$, 269,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 28 novembre 2008 à 0,13 CA$, et son plus haut niveau récent le 13 novembre 2009 à 3,18 CA$.

West Timmins possède 140 255 000 actions en circulation.

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Rapports annuels de West Timmins Mining Inc.
Annual Report 2008
2008 Annual Report
Financements de West Timmins Mining Inc.
12/08/2009Receives $7.83 Million Through Exercise of Warrants
04/06/2009ANNOUNCES CLOSING OF $11.5 MILLION BOUGHT DEAL PRIVATE PLACE...
21/05/2009Announces Increase in Size of Bought Deal Private Placement ...
21/05/2009Announces $9 Million Bought Deal Private Placement
05/02/2009Announces Final Closing of Brokered Private Placement
03/02/2009WTM Announces Non-Brokered Private Placement
13/01/2009Announces $2 Million Private Placement
13/08/2008COMPLETES $1,950,000 NON-BROKERED, FLOW-THROUGH PRIVATE PLAC...
07/08/2008ANNOUNCES NON-BROKERED, FLOW-THROUGH PRIVATE PLACEMENT TO RA...
06/08/2008TO GRANT 12 MONTH EXTENSION TO AUGUST 9, 2008 WARRANTS
09/08/2007Closes $13 Million Private Placement Financing
23/07/2007Receives $2,217,547 From Early Exercise of Warrants
20/07/2007Announces $13 Million Private Placement Financing
Nominations de West Timmins Mining Inc.
17/09/2008Message from WTM's Investor Relations Manager
22/11/2007Appoints Manager, Investor Relations
Projets de West Timmins Mining Inc.
14/02/2011Melkior to Resume Drilling at Carscallen Gold Project in Wes...
04/11/2009 Intersects 118.20 Metres Grading 1.03 g/t Gold at Golden Ri...
28/10/2009Drilling Extends North Zone Gold System, Returns Multiple Hi...
06/07/2009(Thorne Property)Intersects 11.15 g/t (0.33 oz/t) Gold Over 7.30 Metres (23.9...
25/06/2009(Thunder Creek)Red Pine Exploration Updates Location Map of Costello Proper...
24/06/2009(Thunder Creek)Intersects 83,40 metres grading 12,75 g/t
09/06/2009(West Timmins)Third and Fourth Drills Added onWTM's Thunder Creek Gold Pro...
10/03/2009WTM INTERSECTS 60.50 METRES GRADING 1.03 g/t GOLD IN EXPANSI...
21/01/2009(West Timmins)DRILLING PROGRAM ACCELERATED ONWTM?S THUNDER CREEK GOLD PROP...
02/12/2008WTM REPORTS NEW HIGH GRADE INTERCEPTS FROM THE GOLDEN RIVER ...
27/11/2008(La Bufa)WTM To Seek New Partner for La Bufa Gold-Copper-Silver Proje...
24/11/2008(Allerston)WTM VESTS 51% INTEREST IN ALLERSTON GOLD PROPERTY,TIMMINS, O...
19/11/2008High Grade Rusk Gold Discovery in 3D - New Video on The Webs...
03/11/2008(Montaña De Oro)WTM VESTS 100% INTEREST INMONTA=D1ADE ORO PROJECT, SONORA, M...
09/09/2008(Lluvia De Oro)UNDERGROUND SAMPLING RETURNS AVERAGE GRADE OF 4.65 g/t GOLD,...
25/08/2008(Montaña De Oro)INTERSECTS MULTIPLE GOLD-SILVER ZONES? LA VIOLETTA OPTION=2C...
05/08/2008(Thunder Creek)22,000 Metre Diamond Drill Program Commences On WTM's Thunde...
28/05/2008(Montaña De Oro)INTERSECTS COPPER MINERALIZATION OVER 267 METRES AT MONTAÑA ...
13/05/2008(Montaña De Oro) Secures Surface Rights and Access for Exploration and Futur...
15/04/2008(Yoquivo) Retain 100% Interest in Yoquivo Gold-Silver Project
31/03/2008(Thunder Creek)Reports 8.57 g/t Gold Over 9.00 Metres from Follow-Up Drilli...
03/03/2008(La Dura West) Intersects 21.23 metres grading 1.03 g/t Gold at La Dura We...
14/02/2008(La Dura West) Intersects Additional Porphyry-style Copper-Gold-Silver Min...
13/02/2008(La Dura West)Intersects 16.64 Metres Grading 5.87% Zinc, 0.58% Copper, 20...
29/01/2008(La Dura West) Extends La Dura East Mineralized System to Three Kilometres
09/01/2008(Montaña De Oro)Drilling Returns 44.60% Zinc from WestTimmins? La Dura West ...
28/11/2007(La Dura West)Reports Highest Grade, Widest Intercepts to Date From La Dur...
18/10/2007(La Dura West) Intersects Zinc-Rich Massive Sulphide Mineralization at La ...
17/10/2007Identifies High Grade Copper-Silver Vein System at La Bufa; ...
25/09/2007(Montaña De Oro)Montañade Oro Project Update, Sonora, Mexico
06/09/2007Reports New High Grade Gold Discovery at Thunder Creek Prope...
01/08/2007High-Grade Gold Intersected on WestTimmins?Thunder Creek Pro...
14/06/2007(Montaña De Oro)Reports 18.35 Metres Grading 5.15% Zinc, 0.45% Copper, 25.65...
12/06/2007Intersects Gold-Silver Mineralization at Yoquivo
29/05/2007(Montaña De Oro)Intersects Lead-Zinc Mineralization Over 95.75 Metres atMont...
26/04/2007Intersects Massive Sulphide Zone atMontañade Oro
28/03/2007Intersects High Grade Gold Mineralization from 4800 Zone, Th...
20/03/2007(Montaña De Oro)Adds Second Drill on Montaña de Oro Project, Mexico; Announc...
Communiqués de Presse de West Timmins Mining Inc.
05/11/2009Shareholders Approve Business Combination Agreement With Lak...
22/10/2009RiskMetrics Group and Glass Lewis & Co=2E
04/09/2009 Announces Record and Voting Dates for...
25/08/2009Acquires 10 Additional Properties in the West Timmins Gold D...
17/08/2009WTM Announces Approval of Shareholder Rights and Stock Optio...
29/07/2009New Link to BNN Interview
28/07/2009WTM President Interviewed on Recent Spectacular Drilling Res...
10/07/2009WTM VESTS 100% OWNERSHIP OF LLUVIA DE ORO GOLD-SILVER PROJEC...
26/06/2009Names New Director
24/06/2009Adopts Shareholder Rights Plan
11/06/2009Announces No Material Change
30/01/2009Announces First Closing of Private Placement at $2.5 Million
22/12/2008New 3-D model of Rusk Gold Zone, Thunder Creek available on ...
16/12/2008 REPORTS 11.20 g/t GOLD OVER 10.40 METRES AT THUNDER CREEK, ...
16/12/2008WTM REPORTS 11.20 g/t GOLD OVER 10.40 METRES AT THUNDER CREE...
06/11/2008WTM REPORTS 40.75 METRES GRADING 1.88 g/t GOLD, 18.29 g/t SI...
29/09/2008EXTENDS LA DURA COPPER ZONE TO OVER 1,000 METRES,MONTA=D1ADE...
22/09/2008MULTIPLE ZONES OF GOLD MINERALIZATION INTERSECTED ON WTM'S T...
05/09/2008ON THE CUTTING EDGE OF GOLD EXPLORATION RESEARCH"
04/09/2008FINALIZES SURFACE RIGHTS ACCESS AGREEMENT?LLUVIA DE ORO, MEX...
19/08/2008A PICTURE IS WORTH A THOUSAND WORDS – THUNDER CREEK
12/08/2008EXPANDS MANAGEMENT TEAM
05/08/200822,000_Metre_Diamond_Drill_Program_Commences_On_Wtm=92s_Th?=...
08/07/2008ACQUIRES 325,000 HECTARES ALONG CAMINO ROJO – PEÑASQUITO – U...
21/05/2008Warrant Exercise and Property Sale Generate $874,000
10/04/2008Intercepts Continue to Expand WTM’s La Dura Discovery
20/02/2008Prominent Gold Miner Makes Major Investment in West Timmins ...
07/02/2008Drilling Extends Pond and West Gold Zones, West Timmins Gold...
07/01/2008Plans an Active 2008
19/12/2007Vends Trout Bay Option Position
04/12/200724.61 Grams Gold Per Tonne Intersected Over 7.0 Metres on We...
04/12/2007and Trelawney Resources Expand La Bufa Copper-Gold Project, ...
15/11/2007 to Initiate Drilling on Highway 144 Gold Property, Timmins,...
15/10/2007Drilling on WTM's Yoquivo Project Continues to Intersect Sil...
20/09/2007Launches New Website on First Anniversary
13/09/2007Continues to Intersect Gold Mineralization on Thorne Propert...
18/07/2007 Acquires One ofMexico?sHighest Grade Historic Gold Producer...
11/07/2007Gold Project Exploration Update
28/06/2007Acquires Carlin Trend Analogue in Central Mexico
26/06/2007Expands La Dura East Discovery
01/05/2007- Underground Development Begins in West Timmins District
11/04/20075 Drills Turning on WTM Gold Projects
05/04/20078,000 Metre Drill Program Begins on West Timmins’ Thunder Cr...
13/03/2007Potential on Thunder Creek
06/03/2007Drilling in Canada and Mexico Continues to Intersect Gold Mi...
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