Vancouver, BC - Timmins Gold Corp. (TSX:TMM, NYSE MKT:TGD) is pleased to report preliminary production results for the Company's first quarter ended March 31, 2013. The Company achieved record gold production of 28,328 ounces for the quarter, an increase of 31.6% over the same period last year.
|Category||Jan-Mar 2013||Jan-Mar 2012||
|Ore Processed (Dry t)||1,787,262||1,255,477||42.4|
|Average Grade Processed (g/t Au)||0.825||0.772||6.9|
|Low Grade Stockpiled (t)||399,784||804,585||(50.3)|
|Average Grade Stockpiled (g/t Au)||0.261||0.271||(3.7)|
|Waste Mined (t)||6,375,048||3,879,662||64.3|
|Total Mined (t)||8,562,094||5,939,724||44.1|
|Gold Produced (oz)||28,328||21,532||31.6|
|Gold Sold (oz)||28,642||21,235||34.9|
|Silver Sold (oz)||14,313||11,740||21.9|
|Average Ore Processed (t/d)||19,858||13,796||43.9|
|Average Total Mined (t/d)||95,134||65,272||44.1|
"We had a record operating quarter to start 2013" stated Bruce Bragagnolo, CEO of Timmins Gold. "We continue to realize the benefit of our Stage 2 crusher expansion as seen with the record throughput and production this quarter. Gold ounces produced was up over 15% quarter-on-quarter and crusher throughput was up over 22% quarter-on-quarter. Crushing throughput is planned to increase further as we continue to optimize the existing crushing circuits and add our third crushing circuit, the equipment for which is scheduled to arrive imminently."
About Timmins Gold
Timmins Gold is in commercial gold production at its wholly owned San Francisco Gold Property in Sonora, Mexico. The mine is an open pit heap leach operation from which Timmins Gold has projected production of 125,000 to 130,000 ounces of gold in 2013.
Timmins Gold Corp.
CEO and Director
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