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Mots clés associés :   Timmins Gold |

intersects gold belo

intersects gold belo

Timmins Gold intersects Gold below the Open Pit and along strike
San Francisco Gold Project

Intersects 11.93 grams per tonne gold over 4.57 metres

T


Timmins Gold Corp. (TMM, TSX) is pleased to announce that its ongoing drill program continues to extend, expand and deepen the mineralization at the San Francisco Gold Mine, located in the State of Sonora, Mexico.

During the four months from March to the end of June, 2011, the Company completed 38,623 metres of reverse circulation drilling in 268 holes and 10,015 metres of core drilling in 26 holes. The ongoing drill program is focused around the existing pit in a zone 2 kilometres E-W by 1 km N-S, and also beneath the presently planned pit depth of 240 metres. Drilling has also started around the La Chicharra pit 2 kilometres to the west of the San Francisco pit. Significant gold values have been intersected in all directions around the San Francisco pit including beneath the planned San Francisco pit bottom.

As a result of the success of the ongoing program the Company has expanded the drill program and has on site 6 reverse circulation drill rigs and 3 core drill rigs, one of which is capable of drilling to depths of 1,000 metres. The Company has engaged independent consulting firm Micon International Inc. of Toronto to provide an updated NI 43-101 Reserve and Resource Estimate which will incorporate assay results obtained from over 85,000 metres of drilling conducted from June 30, 2010 to July 15, 2011.

Significant mineral intercepts from the program around the San Francisco pit are as follows: 4.57 metres of 11.932 gpt gold and 39.62 metres of 1.613 gpt gold in Hole TF-1280, 6.09 metres of 4.27 gpt gold in hole TF-1099; 10.67 metres of 1.62 gpt gold and 6.09 metres of 1.43 gpt gold, both in hole TF-1100; 7.62 metres of 1.52 gpt gold in hole TF-1117; 6.10 metres of 2.28 gpt gold in hole TF-1119. Hole TF-1168 had multiple mineral intercepts including 6.10 metres of 1.65 gpt gold, 7.62 metres of 1.43 gpt gold and 4.57 metres of 8.31 gpt gold including an interval of 1.53 metres of 24.63 gpt gold. Hole TF-1196 intercepted three mineralized zones including, 4.57 metres of 3.25 gpt gold. Hole TF-1234 intersected 6.09 metres of 3.41 gpt gold and 6.10 metres of 1.082 gpt gold. Hole TF-1240 intersected multiple zones including 12.19 metres of 2.0 gpt gold, 3.05 metres of 8.294 gpt gold, 3.05 metres of 1.12 gpt gold and 7.62 metres of 1.40 gpt gold.

The drill program has included exploring below the currently planned pit bottom of 240 metres using reverse circulation drilling and core drilling for holes deeper than 250 metres. The returned assays indicate the mineralization is extending in parallel mineral bodies up to 40 metres in width below the currently planned pit bottom and has shown mineralized zones at depths of 100 metres below the currently planned pit bottom.

Results from deep core drilling underneath the planned pit bottom were very encouraging. The previously stated Hole TF-1280 intersected 4.57 metres of 11.932 gpt gold and 39.62 metres of 1.613 gpt gold. Hole TFD-90 intersected 4.50 metres of 2.219 gpt gold at a depth of 385 metres and Hole TFD-80 intersected 1.50 metres of 3.097 gpt gold at a depth of 421.50 metres. Directly underneath the planned pit bottom hole TF-1246 intersected 12.19 metres of 1.031 gpt gold and hole TF-1279 intersected several intervals including 4.57 metres of 1.036 gpt gold, 4.57 metres of 1.89 gpt gold and 6.09 metres of 2.48 gpt gold.

The current exploration below the planned pit bottom supports the theory from the Company's geological team, that the mineralized system may extend to greater depths. This is consistent in "Mesothermal" systems, which have significant depth extent, and have the potential to yield high grade feeder systems at depth.

Core drilling continuing along strike in a zone 600 metres to the east of the pit returned values as high as 25.5 metres of 1.908 gpt gold in hole TFD-71. Results of holes in this new zone are confirming the continuity of the gold mineralization at least 600 metres to the East of the current pit limit. The Company has extended the core drill program in order to cover the next 400 metres to the east to determine whether the mineralization extends at least 1 kilometer to the east of the SF pit.

The table below highlights the better intercepts from the last four months of drilling:

Reverse Circulation Drilling

Drill
Hole

From
(m)

To
(m)

True Width
(m)

Au
(g/t)

TF-1092
Includes
Includes

1.52
1.52
7.62

9.14
3.05
9.14

7.62
1.53
1.52

1.602
5.257
2.455

TF-1099

105.16

111.25

6.09

4.270

Includes

108.20

109.73

1.53

5.820

Includes

109.73

111.25

1.52

10.810

TF-1100
Includes
And
Includes

47.24
50.29
64.01
64.01

57.91
56.34
70.10
68.58

10.67
6.10
6.09
4.57

1.620
2.621
1.430
1.839

TF-1107
Include
And

62.48
62.48
102.11

70.10
65.53
103.63

7.62
3.05
1.52

0.571
1.274
2.724

TF-1109
Includes

94.49
100.58

103.63
103.63

9.14
3.05

0.859
2.362

TF-1114
Includes

80.77
80.77

86.87
82.30

6.10
1.53

1.613
5.556

TF-1116
Includes
Includes

160.02
160.02
169.16

176.78
164.59
170.69

16.76
4.57
1.52

1.832
1.571
14.250

TF-1117
Includes

143.26
146.30

150.88
149.35

7.62
3.05

1.516
3.449

TF-1119
Includes
And
Includes

33.53
33.53
83.82
85.34

39.62
36.58
89.92
86.87

6.09
1.53
6.10
1.52

0.941
1.499
2.283
7.777

TF-1122
Includes
And
Includes
Includes

73.15
76.20
100.58
100.58
106.68

79.25
77.72
109.73
102.11
108.20

6.10
1.52
9.15
1.53
1.52

1.503
5.212
0.771
3.020
1.125

TF-1127
Includes

74.68
77.72

82.30
80.77

9.14
3.05

1.412
3.075

TF-1129
And
Includes

45.72
96.01
96.01

48.77
100.58
97.54

3.05
4.57
1.53

1.143
4.541
10.985

TF-1152
Includes

15.24
21.34

24.38
24.38

9.14
3.04

4.368
12.760

TF-1158
Includes

47.24
48.77

53.34
53.34

6.10
4.57

1.829
2.176

TF-1159
Includes

100.58
105.16

108.20
106.68

7.62
1.52

1.035
3.269

TF-1162
Includes
Includes
And
Includes

138.68
140.21
144.78
155.45
156.97

147.83
141.73
146.30
163.07
158.50

9.15
1.52
1.52
7.62
1.53

0.938
2.713
1.200
1.430
6.052

TF-1168
Includes
And
Includes
And
Includes
And
Includes
Includes

0.00
4.57
18.29
21.34
103.63
103.63
138.68
140.21
149.35

6.10
6.10
25.91
24.38
108.20
105.16
150.88
141.73
150.88

6.10
1.53
7.62
3.04
4.57
1.53
14.20
1.52
1.53

1.649
4.818
1.492
2.940
8.308
24.633
0.470
0.928
1.165

TF-1170
Includes

24.38
25.91

33.53
28.96

9.15
3.05

1.631
3.907

TF-1186
Includes

35.05
35.05

38.10
36.58

3.05
1.53

4.372
8.501

TF-1188
Includes

13.72
15.24

18.29
16.76

4.57
1.52

0.913
2.466

TF-1196
Includes
And
Includes
And
Includes

4.57
7.62
103.63
103.63
135.64
135.64

13.72
9.14
108.20
105.16
143.26
138.68

9.15
1.52
4.57
1.53
7.62
3.04

0.695
2.696
3.253
8.547
0.682
1.199

TF-1204
Includes

112.78
117.35

118.87
118.87

6.09
1.52

1.175
2.991

TF-1207
Includes

73.15
77.72

79.25
79.25

6.10
1.53

1.381
4.836

TF-1209
And

9.14
120.40

13.72
126.49

4.58
6.09

1.159
1.008

TF-1210

36.58

41.15

4.57

1.184

TF-1216
Includes
And

128.02
128.02
149.35

132.59
129.54
152.40

4.57
1.52
3.04

2.935
8.285
0.877

TF-1220
Includes

128.02
141.73

149.35
144.78

21.33
3.05

1.063
3.669

TF-1222
Includes
Includes

126.49
126.49
134.11

141.73
128.02
135.64

15.24
1.52
1.53

0.477
1.223
1.338

TF-1234
And
And
Includes

36.58
62.48
74.68
79.25

42.67
68.58
97.54
83.20/td>

6.09
6.10
22.86
3.95

3.410
1.082
0.586
1.442

TF-1236
Includes

47.24
48.77

53.34
51.82

6.10
3.05

1.253
2.338

TF-1240
Includes
And
And
Include
And
Includes

50.29
57.91
82.30
88.39
89.92
105.16
111.25

62.48
60.96
85.35
94.49
91.44
112.78
112.78

12.19
3.05
3.05
6.10
1.52
7.62
1.53

2.001
8.294
3.117
0.449
1.296
1.398
4.836

TF-1251
Includes

83.82
85.34

88.39
86.87

4.57
1.53

1.537
4.148

TF-1254
Includes
Includes
And
Includes
And
Includes

30.48
30.48
44.20
100.58
109.73
137.16
138.68

45.72
32.00
45.72
114.30
112.78
140.21
140.21

15.24
1.52
1.52
13.72
3.05
3.05
1.53

0.726
2.653
1.174
0.710
2.932
0.973
1.828

TF-1259
Includes

54.86
57.91

65.53
60.96

10.67
3.05

1.150
2.667

TF-1270
And
And
And
Includes
And

3.05
18.29
59.44
68.58
73.15
132.59

6.10
19.81
62.48
77.72
76.2
134.11

3.05
1.52
3.04
9.14
3.05
1.52

5.693
3.305
0.620
0.521
1.194
0.237

TF-1278 Includes Includes
And
Includes
And
Includes
And
And
And
Includes

21.34
21.34
28.96
57.91
60.96
83.82
83.82
102.11
106.68
124.97
128.02

48.77
24.38
39.62
70.10
67.06
88.39
85.34
103.63
108.2
146.3
129.54

27.43
3.04
10.66
12.19
6.10
4.57
1.52
1.52
1.52
21.33
1.52

1.401
2.958
1.909
1.637
2.773
0.446
1.101
0.266
0.214
0.393
1.218

TF-1279
Includes
And
And
And
Includes
And
Includes
And
Includes
And
And
Includes
And

0.00
6.10
24.38
33.53
51.82
51.82
60.96
60.96
68.58
71.63
80.77
89.92
89.92
111.25

18.29
10.67
27.43
36.58
56.39
54.86
64.01
62.48
76.20
73.15
83.82
96.01
94.49
115.82

18.29
4.57
3.05
3.05
4.57
3.04
3.05
1.52
7.62
1.52
3.05
6.09
4.57
4.57

0.536
1.036
0.233
0.296
1.899
2.775
1.084
1.777
0.565
2.140
0.214
2.48
3.259
2.336

TF-1280
Includes
And
Includes
And
Includes
And
And
Includes
Includes
And
Includes

15.24
25.91
33.53
33.53
56.39
56.39
73.15
88.39
88.39
89.92
106.68
109.73

30.48
27.43
42.67
36.58
68.58
57.91
76.20
92.96
91.44
91.44
141.73
118.87

15.24
1.52
9.14
3.05
12.19
1.52
3.05
4.57
3.05
1.52
35.05
9.14

1.431
9.798
0.762
1.799
0.647
1.683
0.226
11.932
17.57
25.674
1.807
4.456

TF-1282
Includes
And
Includes
And
And
Includes

0.00
6.10
24.38
32.00
77.72
129.54
132.59

9.14
9.14
35.05
33.53
79.25
140.21
134.11

9.14
3.04
10.67
1.52
1.52
10.67
1.52

1.982
3.659
1.778
9.013
0.356
0.343
1.039

 

 

Core Drilling

Drill
Hole

From
(m)

To
(m)

True Width
(m)

Au
(g/t)

TFD-71
Includes
Includes
Includes
And

68.00
68.00
80.00
90.50
138.50

99.50
93.50
83.00
93.00
146.00

31.50
25.50
3.00
3.00
7.50

1.570
1.908
4.740
4.696
0.602

TFD-72
And
Includes
And

36.00
49.50
51.00
181.50

39.00
54.00
54.00
184.50

3.00
4.50
3.00
3.00

0.942
1.483
2.038
0.949

TFD-75
Include
And
Includes
And
Includes
And

96.00
97.50
115.50
117.00
175.50
178.50
205.50

100.50
99.00
118.50
118.50
181.50
180.00
208.50

4.50
1.50
3.00
1.50
6.00
1.50
3.00

3.136
3.136
8.868
16.969
0.722
2.260
2.369

TFD-81
Includes

48.00
55.50

60.00
60.00

12.00
4.50

1.813
3.331

TFD-83
Includes

139.50
139.50

144.00
141.00

4.50
1.50

1.841
4.672

TFD-85
Includes

150.00
153.00

159.00
154.50

9.00
1.50

2.176
10.268

TFD-89
And
And
Includes
And

51.00
150.00
177.00
177.00
216.00

58.50
153.00
186.00
178.50
220.50

4.50
3.00
9.00
1.50
4.50

0.880
1.696
0.437
1.795
2.118

TFD-90
Includes
And
Includes
Includes
Includes
And
And
Includes
Includes
And
Includes
Includes
Includes
And
Includes

120.00
120.00
240.00
240.00
253.50
264.00
289.50
315.00
315.00
321.00
367.50
373.50
385.50
388.50
462.00
468.00

145.50
123.00
268.50
246.00
256.50
265.50
292.50
336.00
316.50
322.50
399.00
375.00
387.00
393.00
469.50
469.50

25.50
3.00
28.50
6.00
3.00
1.50
3.00
21.00
1.50
1.50
31.50
1.50
1.50
4.50
7.50
1.50

0.424
1.179
1.058
1.470
2.674
2.889
5.537
0.571
2.603
1.308
0.721
1.998
1.264
2.219
0.450
1.465


The size of the gold mineralization zone, its presence within large shear zones and the continuous nature of the gold within these zones form the basis of management's expectation that the ongoing drill program could lead to a significant increase in the mineral resource at San Francisco and could potentially also lead to the discovery of additional satellite deposits within the existing land package.

The samples collected during the drilling were prepared by The Company and assayed by Inspectorate Lab using fire assay and AA finish Gold values above 10 g/t Au are re-assayed and checked by fire assay and gravimetric finish. Strict sampling and QA-QC protocol were followed to ensure the best practices in sampling and analysis of the drill samples. Duplicates, standards and blanks were inserted into the sampling stream at intervals of 25 samples.

About Timmins Gold

Timmins Gold Corp is a gold production and development company. In April 2010, Timmins Gold commenced commercial production at its wholly owned San Francisco gold mine in Sonora, Mexico. Timmins Gold has projected production at a rate of approximately 100,000 ounces of gold per year at a life of mine cash cost of approximately $489 per ounce. (Micon International Preliminary Feasibility Study, November 2010).

This press release was reviewed and prepared by Lawrence A. Dick, Ph.D., P.Geo, a director of the Company, who is recognized as a Qualified Person under the guidelines of National Instrument 43-101 and by Miguel Soto, P. Geo., a director and the COO of the Company. For further information contact Timmins Gold Corp. at 604-682-4002 or go to the website at www.timminsgold.com.

On behalf of the Board:

Bruce Bragagnolo, LLB
Chief Executive Officer
604-638-8980
bruce@timminsgold.com

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. Such statements include estimates, forecasts and statements as to management's expectations with respect to, among other things, business and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, objectives and expectations, including with respect to production, exploration drilling, exploitation activities and events or future operations. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when, and if, a project is actually developed.

In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans, "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Timmins Gold does not intend to update any forward-looking statements to conform these statements to actual results.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release.

 

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CODE : TMM.TO
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05/11/2013(San Francisco)d Mine Plan for the San Francisco Gold Mine; Mine Life Incre...
30/04/2013(San Francisco)intersects 72 meters of 1.6 gpt gold, 15 meters of 4.2 gpt g...
11/01/2013Reports Record Production of 94,444 Ounces of Gold for 2012
23/11/2012(San Francisco)intersects new mineralized zone approximately 1 km to the ea...
21/11/2012(San Francisco)Reports Positive Results From Bulk Sample Leach Testing Prog...
09/10/2012Reports Record Production of 25,153 Ounces of Gold and 13,85...
10/07/2012Reports Record Production of 23,203 Ounces of Gold and 14,45...
11/04/2012Reports Record Gold Production of 21,532 Ounces of Gold and ...
10/01/2012Reports Record Production of 21,524 Gold Ounces in Final Qua...
02/12/2011(San Francisco)Operational Update - Gold Recoveries Improving This Quarter ...
23/11/2011(San Francisco)Updated Mine Plan and Increased Production Schedule for the ...
01/09/2011(La Chicharra)intersects 36.58 metres grading 0.816 grams per tonne gold a...
23/08/2011(San Francisco)intersects 4.57 metres grading 8.134 grams per tonne gold
14/07/2011(San Francisco)intersects Gold below the Open Pit and along strike at San F...
13/06/2011Announces Replacement Credit Facility with Sprott Resource L...
11/05/2011(San Francisco)sells 65,784 ounces of gold during first year of commercial...
20/03/2011(San Francisco)Intersects 19.81 meters of 5.08 gpt Gold in Ongoing Drill Pr...
02/03/2011(San Francisco)Reports Q3 Operating and Financial Results San Francisco Min...
23/02/2011(San Francisco)95,000 Hectare Claim Block Staked Between Timmins Gold's San...
18/02/2011(Norma Sonora)Announces Initial Drill Results from the Norma Gold Property
08/02/2011(San Francisco)10.67 meters of 7.51 gpt gold Intersected in Ongoing Drill P...
14/01/2011(San Francisco)d Mine Plan and Increased Production Schedule for the San Fr...
16/11/2010(San Francisco)San Francisco Mine Gold Reserves Increased by 28%
16/02/2010(San Francisco)Timmins Gold Corp.: Gold Production Continues
16/12/2008(Tequila)intersects 11.64 g/t gold across 2 meters, 6.17 g/t gold acr...
08/04/2008Pre-Feasibility Study Confirms Economic Viability of the San...
21/02/2008(Tequila)Drilling Intersects 5.88 G/T Gold And 29.9 G/T Silver Across...
11/02/2008(Las Coloradas)Drilling Commences At Timmins Gold High Grade Las Coloradas ...
28/11/2007(San Francisco)Successful Exploration and Development and Metallurgical Pro...
29/10/2007(San Francisco)Acquisition Of San Francisco Mine Property
13/06/2007(San Francisco)Diamond Drill, Geophysical And Exploration Program Commences...
Communiqués de Presse de Timmins Gold Corp.
13/01/2014Surpasses Guidance With Record Production of 120,900 AuEq oz...
05/11/2013(San Francisco)Announces Updated Reserve and Resource Estimates for the San...
29/10/2013Reports $4.8 Million in Earnings for Q3 2013
14/08/2013Announces AGM Results
14/08/2013Announces AGM Results
14/08/2013Announces AGM Results
08/08/2013Reports Results for Q2 2013
18/07/2013Reports Production of 28,024 Gold Ounces for the Second Quar...
10/04/2013Reports Record Production of 28,328 Gold Ounces for the Firs...
04/04/2013
08/11/2012Reports Record Profit From Operations of $18.3 Million for Q...
27/09/2012Strengthens Management and Board
18/09/2012(San Francisco)Intersects 9.14 Meters of 10.5 gpt Gold in Ongoing Drill Pro...
14/08/2012Reports Profit From Operations of $13.6 Million for Q2 2012
18/07/2012Announces Commencement of Drill Program on Its Zacatecas Cla...
21/06/2012Announces Extension of Credit Facility With Sprott Resource ...
16/05/2012Reports Profit From Operations of $12.7 Million for Q1 2012
23/04/2012Filing Update
14/03/2012(San Francisco)Announces Updated Resource Estimates for the San Francisco G...
02/11/2011to Commence Trading on NYSE Amex on November 4, 2011
26/10/2011Reports Second Quarter Production Results
20/09/2011(San Francisco)Announces Updated Reserve and Resource Estimates for the San...
11/08/2011Reports First Quarter Production Results Gold Sales of 17,96...
07/07/2011Announces Sale of Pacific Road Block
17/03/2011Timmins Urges Board of Capital Gold not to Postpone Capital ...
15/03/2011Increases Offer for Capital Gold by Adding US$0.25 Cash per ...
09/03/2011Mails Letter to Capital Gold Shareholders
11/02/2011Files Registration Statement to Provide Capital Gold Stockho...
10/02/2011Responds to Capital Gold's Rejection of Merger of Equals Pro...
10/12/2010Mr. Barry Fraser has been appointed as a director and the Ch...
03/12/2010Makes Final Request That Capital Gold Board Reconsider Merge...
29/05/2008$19,300,000 Financing Arranged
23/05/2008Initial Permit Approvals Received for San Francisco Mine
15/04/2008Channel Sampling On Surface Yields 2.21 G/T Gold Across 99 M...
26/03/2008 Featured in Haywood Securities Junior Mining Universe
11/03/2008"Biz Clip"
05/12/2007Drill Arrives at Tequila Project
03/12/2007Golden Hope Mines Substantially Expands Size of Timmins Gold...
30/10/2007Cocula Property Acquisition
11/10/2007Tequila Gold Project, Jalisco, Mexico
09/08/2007Retains Grandich Publications
20/06/2007Property Acquisition - Tequila Project, Jalisco, Mexico
16/05/2007Completes Acquisition of 100% Interest in Past Producing San...
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