Timmins Gold Updates San Francisco Technical Report

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/896-tsx/tmm/18009-timmins-gold-updates-san-francisco-technical-report.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 30, 2016) – Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) (“Timmins” or the “Company”) is pleased to announce an updated National Instrument 43-101 Technical Report for its San Francisco Gold Mine in the state of Sonora, Mexico, prepared by Micon International Limited (Micon). The San Francisco Gold Mine (“the Mine”) is comprised of the San Francisco deposit (“SF”) and the La Chicharra (“LC”) deposit. The report was previously updated as of December 15, 2013. This update incorporates production depletion from the date of the last report, production / confirmation drilling and an update to the resource and reserve assumptions, primarily a lower gold price assumption (Reserves at $1,100/oz gold, Resources at $1,200/oz gold). The update also includes a maiden resource for the San Francisco underground. All figures quoted below are in US Dollars.

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