Timmins Gold Corp. (TSXV: TMM) is strategically positioned for continuous growth as a gold production and development company. Focused solely in Mexico, Timmins Gold has now is now ramping up to full production at it wholly owned San Francisco Gold Mine in Sonora Mexico at a rate of 80,000 to 100,000 ounces per year. Timmins Gold’s objective is to utilize future cash flow to expand existing reserves at the San Francisco Mine, explore its other properties and to grow the Company through strategic acquisitions. The combination of production and advanced explo- ration positions Timmins Gold for future growth and increased shareholder value.

Investment Highlights

• Independent study confirms ―economic viability of the mine.
• Probable reserve on San Francisco Mine of 611,000 oz Au (22.6 million tons at 0.84 g/t Au)
• Production projected 80,000 - 100,000 oz/yr Au at a $412 oz cash cost
• Oversubscribed $15 million equity financing completed June
• Completing $15 million gold loan
• Institutional Holdings over 42%
• Experienced management and operations team with proven ability to lead and deliver results
• Proven ability to acquire assets
• Strong Corporate Structure
• Significant exploration potential on 3 other gold projects
• Mexico rated a Top Mining Juris- diction by Fraser Institute

 

Nearing Production

Principal Project—San Francisco Gold Mine, Sonora, Mexico

The San Francisco Gold Mine is a past producing open pit heap leach operation with a probable mineral reserve of 611,000 ounces of gold. Timmins Gold will be producing gold at a rate of 80,000 - 100,000 ounces per year at a cash cost of $412 per ounce. All plant and equipment necessary for production is operational includ- ing crushing, leaching and extraction facilities. With permitting and construction com- plete, Timmins Gold is anticipating the first commercial gold pour by January 2010.

 

Exploration

Timmins Gold portfolio consists of four promising gold properties currently under development and or exploration.

TIM Claims — Zacatecas 
45,000 hectare land package contiguous to Goldcorp’s Penasquito gold deposit (17m oz) and near Canplats Camino Rojo gold deposit (3.5m oz).

Tequila Project — Jalisco 
High grade system hosted within miner- alized breccias. First phase 3,827 meters drilling returned 14/18 economic gold grades.

2008 Drill Program Highlights:
BD-1: 24.3m of 5.88 g/t Au; 29.9 g/t Ag
BD-2: 13m of 2.36 g/t Au
BD-6: 1.5m of 5.6 g/t Au
BD-7: 23.35m of 1.82 g/t Au
BD-9: 4m of 4.43 g/t Au

Picacho — Sonora 
SW of San Francisco Mine along Mojava Sonora Megashear. High grade minerali- zation encountered at surface

Cocula Property — Jalisco 
Gold / silver mineralization contained in parallel quartz veins within a breccia. First phase 1,974 meter drilling con- firmed the existence of potential open pit minable deposit near surface.

2008 Drill Program Highlights:
RC-01: 37.5m of 1.30 g/t Au; 13 g/t Ag
RC-09: 54m of 0.72 g/t Au; 10 g/t A
RC-10: 37.5m of 1.20 g/t Au; 13 g/t Ag

El Capomo Property — Nayarit 
High grade gold & silver samples on this grass roots project, located in the prolific mining district—Cebadillas and El Barqueno mines

Trincheras and Patricia — Sonora 
Two claims staked to west of San Fran- cisco to secure mineralized occurrences of old mines

Management & Board of Directors 

Bruce Bragagnolo, LLB CEO/ Director
Arturo Bonillas, P.Eng President/ Director
Eugene Hodgson, B.A. CFO/ Director
Miguel Angel Soto, Geo. Eng. COO/ Director
Alfredo Barraza, B. Sc. San Francisco Mine Manager
Hallein Darby, C.A. VP, Finance
Miguel Bonillas, C.P.A. VP, Finance (Mexico)
Alex Tsakumis, B.A. VP, Corporate Development
Lawrence A. Dick, Phd. P. Geo Director
Frank Cordova, Phd., Law Director
Lee Graber, Investment Director Pacific Roads Capital, Director
Louis Rozman, Investment Director Pacific Roads Capital, Director

Company Address

520 – 609 Granville Street Vancouver, BC, V7Y 1G5, Canada

Telephone:	604.682.4002
Facsimile:	604.682.4003
Email:	info[at]timminsgold.com
Website:	http://www.timminsgold.com