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Timmins Gold Corp.: Initial Permit Approvals Received for San Francisco Mine

Posted on: Friday, 23 May 2008, 06:00 CDT

Timmins Gold Corp. (the "Company") (TSX VENTURE: TMM) announces that its subsidiary Timmins Goldcorp Mexico has reached two key milestones in advancing its 100% owned San Francisco gold mine to production. These milestones are the approval of the Federal Mexican Environmental Protection Authorities (SERMANAT) for a Change of Land Use permit and the state authorization for the use of explosives for the San Francisco gold mine located along the main Pan American highway approximately 150 km north of Hermosillo, in the Northern Mexican State of Sonora.

The Change of Land Use approval comes after an extensive environmental study of the land on which the mine is located, as well as the surrounding community, and is the final requirement for the approval of the Environmental Impact Statement which is expected to be issued shortly.

Timmins Goldcorp Mexico is working closely with the environmental authorities to assure a safe and ecologically sound exploration and mining program, and has received recognition from the Federal authorities for its compliance with the Federal Environmental laws and its concern for the welfare of the populace and the environment in the San Francisco mine and the surrounding community.

With respect to the use of explosives, the Governor of the State of Sonora has signed the authorization permit for the use of industrial explosives in the San Francisco mine. This approval, as well as the site inspection which took place last week by military authorities, clears the way for the final approval of the use of explosives for the resumption of operations at the mine.

The San Francisco gold mine is a past producing open pit heap leach operation. A gold plant with a capacity in excess of 80,000 ounces of gold per year is on site. The mine is the subject of a pre-feasibility study dated March 31, 2008 prepared by Micon International Limited which supports the economic viability of the mine.

This News Release contains forward-looking statements. Forward looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect out current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggests herein. Except as required by applicable law the Company does not intend to update any forward-looking statements to conform these statements to actual results.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 Contacts: Timmins Gold Corp. - Hermosillo, Sonora, Mexico Arturo Bonillas, B.Sc.(Eng) President 011-52-662-262-1132 Email: arturo@timminsgold.com  Timmins Gold Corp. - Vancouver, BC, Canada Darcy Krohman, P.Geo., C.A. Executive Vice-President & CFO (604) 638-8971 Email: darcy@timmingold.com  Timmins Gold Corp. - Vancouver, BC, Canada Leighton Bocking, Corporate Development Investor Relations (604) 638-8977 Email: Leighton@timminsgold.com  Timmins Gold Corp. - Vancouver, B.C. Alex Tsakumis, Corporate Development Investor Relations (604) 638-8976 Email: alex@timminsgold.com

SOURCE: Timmins Gold Corp.

Source: MARKET WIRE

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