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West Timmins Mining Inc.

Publié le 07 janvier 2008

Plans an Active 2008

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Mots clés associés :   Canada | Cœur D'alene | Copper | G Mexico | Zinc |
January 7, 2008

West Timmins Mining Plans an Active 2008

(Vancouver, January 7, 2008) West Timmins Mining Inc. (TSX: WTM) will resume drilling on three important new discoveries with five drills on four properties in Canada and Mexico within the next two weeks. Follow-up and step out drilling campaigns on these discoveries highlight WTM's exploration plans for 2008. The Company provides the following updates and summary of its exploration activities:

New Discoveries


Canada

Thunder Creek Property (Gold), West Timmins Gold Project, Timmins, Ontario

  • Target: High-grade mesothermal gold deposits
  • Highlights: 24.61 g/t gold over 7.0 metres in hole TC07-36 (NR07-41, December 4, 2007) and 12.01 g/t gold over 3.10 metres in hole TC07-30 (NR07-28, September 6, 2007)
  • Activity: 2 drills to resume drilling mid-January
  • Pending Results: 5 holes pending
  • Ownership: Joint Venture - �40% West Timmins Mining, 60% Lake Shore Gold (TSX: LSG)

Mexico

La Dura West Zone (Zinc-Copper-Gold-Silver), Monta�a de Oro Project, Sonora
  • Target: High-grade zinc-copper-gold-silver deposits; disseminated gold(+/-copper) deposits
  • Highlights: 6.05% zinc, 0.94% copper, 51.48 g/t silver and 0.80 g/t gold over 31.16 metres grading in hole LD07-15 (NR 07-39, November 28, 2007)
  • Activity: Drill testing extensions of this near surface discovery
  • Pending Results: 8 holes pending from La Dura West Area
  • Ownership: 100% West Timmins Mining

La Dura East Zone (Zinc-Lead-Silver), Monta�a de Oro Project, Sonora

  • Target: Bulk tonnage zinc-lead-silver skarn/breccia deposits
  • Highlights: 3 kilometre long mineralized trend with drill intercepts including� 2.51% combined lead + zinc, 8.81 g/t silver over 95.75 metres in hole LD07-01 starting at surface (NR07-16, May 29, 2007)
  • Activity: Ongoing drill testing includes follow-up holes in discovery area and northern extension of La Dura East trend
  • Pending Results: 8 holes pending
  • Ownership: 100% West Timmins Mining

West Timmins Mining holds large land positions in both Canada and Mexico that surround these new discoveries with multiple targets, many of which have initial drill intercepts identified for active follow-up. The Company controls large project positions, including former producing high-grade gold-silver mines which are being prepared for modern exploration and drill testing in 2008.


Canadian Exploration Projects


West Timmins Gold Project (Gold), Ontario, Canada

The West Timmins Gold Project covers 114 square kilometres of the western extension of North America's number one gold producing camp - the 70 million ounce Timmins Gold Camp. The West Timmins Gold Project is comprised of ten individual properties which completely surround the Timmins Camp's latest million ounce gold discovery. WTM's land holdings host 35 known zones of gold mineralization, including the new Thunder Creek gold discovery and the Golden River Zone.

Thunder Creek Property (Gold) - see New Discoveries

Thorne Property (Gold)

  • Target: High-grade and bulk tonnage mesothermal gold deposits
  • Highlights: 5.0 kilometre long Golden River Zone which hosts a near-surface NI43-101 compliant inferred gold resource of 400,000 ounces (4.0 mT @ 3.0 g/t; Band-Ore Resources, 1998)
  • Status: Results pending from recent testing of the high-grade Pond, No.14 and bulk tonnage West Zones
  • Pending Results: 16 holes pending
  • Ownership: 100% West Timmins Mining

Hwy 144 Property (Gold)

  • Target: High-grade mesothermal gold deposits
  • Highlights: 8.0 metres grading 1.05 g/t gold discovered in setting similar to Thunder Creek and Timmins West gold discoveries (NR07-01, January 18, 2007)
  • Status: Currently drill testing western extension of this discovery
  • Pending Results: 2 holes pending
  • Ownership: 100% West Timmins Mining

Mexican Exploration Projects


Monta�a de Oro Project (Gold-Silver-Copper-Zinc), Sonora, Mexico

This 100% owned property position was won at auction from the Mexican Government in 2004 after being held in the country's national mineral reserve for more than 20 years.� The 585 square kilometre Monta�a de Oro Project is located in the heart of the Sierra Madre Belt, one of the world's most active exploration regions. Located 15 kilometres south of the Coeur d'Alene Mines' Palmarejo silver-gold deposit and 50 kilometres east of Goldcorp's El Sauzal gold-silver mine, the Monta�a de Oro Project hosts a number of zones of gold-silver and polymetallic mineralization. The Project area also covers the source region for one of the largest and richest placer gold districts in Mexico.

La Dura East (Zinc-Copper-Silver-Gold) - see New Discoveries

La Dura West (Zinc-Lead-Silver) - see New Discoveries

Zataque Zone (Gold-Silver)

  • Target�: Bulk tonnage gold-silver deposits
  • Highlights: Surface gold and silver anomalies associated with a 1600 metre long by 1000 metre wide induced polarization anomaly
  • Activity: Currently drill testing
  • Pending Results: 2 holes pending
  • Ownership: 100% West Timmins Mining

La Violetta/Don Pancho Zone (Gold-Silver)

  • Target�: Epithermal gold-silver vein deposits
  • Highlights: 7.36 g/t gold, 563 g/t silver over 6.0 metres in underground sampling on main Violetta vein (NR07-35, November 8, 2007) and 35.60 g/t gold , 93 g/t silver over 1.45 metres in hole DP07-06 from Don Pancho (NR07-30, September 25, 2007)
  • Activity: Mapping in preparation for further drill testing in first quarter 2008
  • Pending Results: No results pending
  • Ownership:� La Violetta - West Timmins Mining has an option to earn 70% from MacMillan Gold (TSXV: MMG); Don Pancho - 100% West Timmins Mining

El Rodeo (Gold-Silver)

  • Target:� Epithermal gold-silver breccia/vein deposits
  • Highlights: Breccia system traced for over 1,000 metres; hole ER06-01 returned 4.58 metres grading 9.58 g/t gold, 122 g/t silver (NR07-15, April 26, 2007)
  • Activity: Additional drill testing planned for second quarter 2008
  • Pending Results: 17 holes pending
  • Ownership: 100% West Timmins Mining

Lluvia de Oro Project (Gold-Silver), Chihuahua, Mexico

Purchased from the Mexican National Mineral Reserve in 2007, the Lluvia de Oro Project hosts one of the highest grade historic producing gold-silver systems in Mexico. Historically reported average production grades are 95 g/t gold and 865 g/t silver. Shallow underground production was from 3-20 metre wide veins and mantos. Sampling by the Mexican Geological Survey indicates mineralized widths of up to 30 metres with grades of 3-5 g/t gold, 25-50 g/t silver in silicified haloes around the main production veins.

  • Target: High-grade epithermal gold-silver deposit; bulk tonnage gold-silver deposit
  • Highlights include: Historic production grades of 95 g/t gold and 865 g/t silver (NR07-23, July 18, 2007)
  • Activity: Detailed mapping, sampling and trenching to commence January 2008 in preparation for initial drill testing
  • Pending Results: Results of stream sediment sampling and prospecting pending
  • Ownership: 100% West Timmins Mining

Universo Gold Project (Gold), San Luis Potosi, Mexico

The Universo Gold Project covers a 28 kilometre long trend of jasperoid-hosted gold occurrences in a setting strongly analogous to the deposits of the world-class Carlin Trend in Nevada, U.S.A. Over 70 gold mineralized occurrences are known along this trend and large areas of the project are covered by shallow pediment.

  • Target: Disseminated Carlin-type gold deposits
  • Highlights: 28 kilometre long mineralized trend, over 70 gold occurrences, multiple new gold discoveries
  • Activity: Surface mapping, sampling and soil/talus sampling underway to define initial drill targets in 2008
  • Pending Results: Over 100 surface sample results pending
  • Ownership: 100% West Timmins Mining

Guerrero Gold Project (Gold), Guerrero, Mexico

The Guerrero Gold Project is focused on gold skarn targets similar to Goldcorp's nearby 6 million ounce Los Filos deposit which recently entered into production. The project covers 440 square kilometres along the southern extension of the Guerrero Gold Belt, the fastest growing gold district in Mexico.

  • Target: Gold skarn deposits similar to the Los Filos deposit
  • Highlights: Multiple mineralized zones identified as part of ongoing reconnaissance program
  • Activity: Mapping and surface sampling continues
  • Pending Results: Surface and geochemical sampling results are pending
  • Ownership: West Timmins Mining has an option to earn a 100% interest

La Bufa Project (Copper-Gold-Silver), Chihuahua, Mexico

The La Bufa Project consists of a 250 square kilometre land package adjoining the historic Batopilas mining camp. It hosts the former producing Carmen copper-gold-silver deposit (historic reported production approximately 1 mT @ 2.50% Cu, 2.90 g/t gold, 2.80 g/t silver) and several other copper-gold-silver vein systems.

  • Target: Copper-gold-silver vein/breccia deposits; porphyry copper deposits
  • Highlights: Historic Carmen high-grade copper-gold deposit; new vein discovery which returned 7.20% copper, 1,470 g/t silver (NR07-32, October 17, 2007)
  • Activity: Mapping and sampling of new discoveries and historic Carmen Mine commencing in 2008
  • Pending Results: Stream sediment samples and surface sampling results pending
  • Ownership: 50% West Timmins Mining; �50% interest optioned to Trelawney Resources Inc. (TSX.V: TRR)

Yoquivo Project (Gold-Silver), Chihuahua, Mexico

The Yoquivo Gold-Silver Project covers the entirety of the historic Yoquivo gold-silver mining district which reports historic production grades of 10.9 g/t gold and 1,120 g/t silver. Initial drill testing has confirmed the presence of multiple epithermal vein systems on the property. The property is located less than 35 kilometres from and shares a number of geological similarities with Agnico-Eagle's Pinos Altos gold-silver project.

  • Target: Epithermal gold-silver vein deposits
  • Highlights: 3.01 g/t gold and 566 g/t silver over 1.0 metre in hole 03, surface grab� from recent El Indio Discovery returned 33.30 g/t gold and 3,230 g/t silver (NR07-17, June 12, 2007)
  • Activity: Phase 2 drilling program currently planned for early 2008
  • Pending Results: No results pending
  • Ownership: 50% West Timmins Mining; GoldMountain Exploration (OTC: GMEX) holds an option to earn an initial 50% interest

The Company continues to be well financed and will drive into 2008 following the same aggressive exploration strategy which has resulted in a number of significant new discoveries on its projects in 2007. The information contained herein has been previously released. The reader is referred to the Company's website at www.westtimminsmining.com and the Company's public fillings at www.sedar.com for additional information.

Quality Control and Assurance

Geochemical results reported herein are from halved drill core and surface grab samples collected from the Company's� projects in Canada and Mexico or collected by government personnel deemed to be reliable by the QP. Core sampling was conducted on site by trained personnel and sealed samples are transported to ALS-Chemex's preparation facilities in Hermosillo and Chihuahua, Mexico and Timmins, Ontario by employees of the Company and consulting firm Minera Cascabel S.A. de C. V. �in Mexico. Samples were assayed for gold by standard fire assay- ICP finish with a 30 gram charge. Samples additionally underwent 34 element ICP-MS analysis. Silver, zinc, copper and lead values in excess of 100 ppm, 1%, 1% and 1% respectively were re-analyzed by fire assay. The remaining half of the drill core is stored in secure facilities on the project sites. For quality control purposes blank and analytical control standards were inserted into the sample sequence at regular intervals. Minor analytical discrepancies have been previously reported but have been resolved to the satisfaction of the Company and the qualified person. Mr. Darin Wagner (M.Sc., P.Geo), the Company's President, has acted as qualified person for this news release. The qualified person has visited the project sites, examined the drill core and sampling procedures and verified the quality control results from the projects.

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

West Timmins is focussed on the exploration and development of district-scale gold and related base metal projects in the major gold camps of North America. Both the Management and Board of West Timmins Mining include members of the same team that founded MAG Silver (TSX: MAG) and Platinum Group Metals Ltd (TSX: PTM). 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:


Darin W. Wagner, President & CEO
West Timmins Mining Inc., Vancouver
Tel: (604) 685-8311
Toll Free: (866) 685-8311
E-mail: info@westtimminsmining.com

Jordann Nettles, Manager Investor Relations
West Timmins Mining Inc., Vancouver
Tel: (604) 685-8311
Toll Free: (866) 685-8311
E-mail: 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 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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TORONTO (WTM.TO)OTHER OTC (WTMNF)
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