Timmins pours first gold at San Francisco mine

- Thursday, December 10, 2009

Timmins pours first gold at San Francisco mine

Vancouver's Timmins Gold (TSX-V: TMM) has made the first gold pour at its San Francisco mine in Mexico's Sonora state, the company said in a statement.

The company's first production from San Francisco was a 46kg doré bar with 77.9% gold, 19.5% silver and 2.58% other metals. By ounces the bar yielded 1,153oz gold and 288oz silver for an estimated value of about US$1.32mn.

San Francisco has 611,000oz of gold reserves and a plant with a 100,000oz/y production capacity.

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Timmins also runs the Tequila, Cocula, El Capomo, El Picacho, Trincheras and Patricia properties in Mexico.