HERMOSILLO, MEXICO–(Marketwired – July 13, 2016) – Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) is pleased to report preliminary production results for the Company’s second quarter ended June 30, 2016. The Company achieved production of 25,863 gold ounces for the quarter.
Three Months and Six Months Ended June 30, 2016
| 2Q 2016 | 2Q 2015 | 1H 2016 | 1H 2015 | |
| Ore Processed (Dry t) | 1,939,567 | 2,252,591 | 3,943,278 | 4,327,379 |
| Average Grade Processed (g/t Au) | 0.60 | 0.53 | 0.61 | 0.53 |
| Low Grade Stockpiled (t) | 0 | 47,446 | 3,966 | 159,652 |
| Average Grade Stockpiled (g/t Au) | 0.00 | 0.28 | 0.24 | 0.26 |
| Waste Mined (t) | 3,729,153 | 7,151,798 | 8,437,814 | 13,149,695 |
| Total Mined (t) | 5,577,828 | 9,270,013 | 12,285,809 | 17,354,241 |
| Strip Ratio | 2.02 | 3.38 | 2.19 | 3.13 |
| Gold Produced (oz) | 25,863 | 22,869 | 50,983 | 47,023 |
| Silver Produced (oz) | 14,884 | 13,041 | 29,555 | 28,350 |
| Gold Sold (oz) | 26,474 | 22,869 | 51,141 | 47,023 |
| Silver Sold (oz) | 14,884 | 13,041 | 29,555 | 28,350 |
| Days | 91 | 91 | 182 | 181 |
| Average Ore Processed (t/d) | 21,314 | 24,754 | 21,666 | 23,908 |
| Average Total Mined (t/d) | 61,295 | 101,868 | 67,504 | 95,880 |
| Realized Gold Price | $1,232 | $1,216 | $1,201 | $1,218 |