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Timmins Gold Corp.
Summary
| Project: | San Francisco | |
|---|---|---|
| Deposit: | San Francisco, La Chicharra | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 11/28/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-11-2016: Timmins Gold Corp. announces a Resource Estimation report for its San Francisco, La Chicharra deposit at the San Francisco project. Amended technical report on resource and reserves for project. Timmins Gold Corp. (TSX: TMM) (TMM, or Timmins) | |
| Resources: | (Reserve, P+P): 32.109Mt @ 0.56g/t Au for 574000oz Au contained project total | |
| CP/QP: | [Resources]: William Lewis, Alan J. San Martin (Micon International Ltd.) | |
| ABSTRACT: | Timmins Gold Corp. (TSX: TMM) (TMM, or Timmins) has retained Micon International Limited (Micon) to conduct an audit of its resource and reserve estimates and prepare an update of its February, 2016 Technical Report on the San Francisco Gold Project (San Francisco Project or the Project) in the state of Sonora, Mexico. The purpose of this Technical Report is to support disclosure of the results of Micon’s resource and reserve audit and the updated mining plan, compliant with National Instrument NI 43-101 (NI 43-101) and Canadian National Instrument (NI) 43-101. Micon’s most recent Technical Report for TMM was entitled “NI 43-101 F1 Technical Report, Updated Resources and Reserves and Mine Plan for the San Francisco Gold Mine, Sonora, Mexico”, dated February 29, 2016. That Technical Report was filed by TMM on the System for Electronic Document Analysis and Retrieval (SEDAR, www.sedar.com) which is an electronic filing system developed for the Canadian Securities Administrators (CSA). Prior to this current Technical Report, Micon has written eight prior reports on the San Francisco Project for TMM since 2005. Micon does not have nor has it previously had any material interest in TMM or related entities. The relationship with TMM is solely a professional association between the client and the independent consultant. This report is prepared in return for fees based upon agreed commercial rates and the payment of these fees is in no way contingent on the results of this report. | |
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