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Timmins Gold Corp achieves record 94,444 ounces of gold in 2012.

M2 EQUITYBITES-January 14, 2013-Timmins Gold Corp achieves record 94,444 ounces of gold in 2012(C)2013 M2 COMMUNICATIONS

Gold company Timmins Gold Corp (TSX:TMM.TO) (NYSE MKT:TGD) declared on Friday its record production of 94,444 ounces of gold in 2012 versus 74,241 ounces in 2011..

This production included 24,556 ounces of gold for its Q4 2012 fiscal quarter ended 31 December 2012.

The company said it has produced 56,252 ounces of silver during the year 2012, including 16,203 ounces of silver during the quarter.

In addition, the company has announced the completion of Stage 2 of the crusher expansion to increase crusher throughput by 8,000 t/d; the replacement of existing conveyors with larger ones to meet increased crushing and stacking capacity; the arrival of a second stacker; the installation of a second carbon strip column to increase carbon strip capacity; modifications to ADR columns to increase efficiency; the expansion of the electrowinning circuit; installation of larger tertiary crusher in main crushing circuit; and installation of new screen in main crushing circuit.

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Publication:M2 EquityBites (EQB)
Date:Jan 14, 2013
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