NYSE MKT: TGD • $0.48     TSX: TMM • $0.65     Gold: 1252.14

2010

11,319 Ounces of Gold Sold In Initial Quarter of Production


July 29, 2010

Vancouver, British Columbia. Timmins Gold is pleased to announce preliminary production statistics for its initial quarter of commercial production ended June 30, 2010 from its wholly owned San Francisco open pit gold mine located in northern Sonora, Mexico.

Commercial production commenced on April 1, 2010. A total of 11,319 ounces of gold were sold during the quarter with 5,068 ounces sold in June. Production is projected to increase until it stabilizes in excess of 9,000 ounces per month in December.

SAN FRANCISCO MINE
PRELIMINARY PRODUCTION
STATISTICS


  Quarter ended June 30, 2010    
  Total Material Moved   Ktonnes 4,982
  Ore Mined and Crushed   Ktonnes 905

During the 3 month period average daily production from the mine averaged over 10,000 metric tonnes. In July an additional blast drill rig was delivered to the mine which has allowed production to increase to more than 12,000 metric tonnes of ore per day. A further 3 haulage trucks, 1 shovel and a further blast drill rig will arrive in September to further increase production to up to 14,000 metric tonnes of ore per day.

The strip ratio for the quarter averaged 4.5 to 1. The 2010 annual average strip ratio is projected at 4.0 to 1. The current life of mine strip ratio is currently projected at 3.0 to 1.

Average head grade for the quarter was 0.718 g/t which is in line with expectations.

Metallurgical recoveries are on target to achieve a rate of over 70%.

There were no accidents which resulted in lost time during the quarter.


About Timmins Gold

Focused solely in Mexico, Timmins Gold Corp is now in commercial gold production at its wholly owned San Francisco gold mine in Sonora, Mexico. The mine is a past-producing open pit heap leach operation. Timmins Gold has forecast production at a rate in excess of 80,000 ounces of gold per year at a life of mine cash cost of approximately $410 per ounce. (Micon International Preliminary Feasibility Study, March 2008)


Bruce Bragagnolo, LLB
Chief Executive Officer
Vancouver, BC, Canada
Tel: 604-638-8980
bruce@timminsgold.com

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

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. 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.