Timmins Gold Corp.: Drill Program Completed on Tequila Project
Posted on: Tuesday, 8 July 2008, 09:00 CDT
Timmins Gold Corp. (TSX VENTURE: TMM) ("Timmins Gold") announces that the first phase drill program was completed on June 14, 2008 on its Tequila Project, located approximately 30 kilometres north of Tequila, Jalisco, Mexico (70 kilometres north of Guadalajara).
Timmins Gold drilled a total of 3,829 meters in 18 holes. A total of 1,225 meters in 7 drill holes were drilled north of the Santiago River and 2,604 meters in 11 drill holes were drilled south of the Santiago River using a second drill rig. All core has been processed and shipped to the assay lab and assays are expected shortly.
Pursuant to National Instrument 43-101, Darcy Krohman, P.Geo., C.A., Senior Vice-President and CFO of Timmins Gold Corp. is the Qualified Person (QP) responsible for the disclosure in this news release. Field work has been conducted by Timmins Gold Corp. employees and contractors.
On behalf of the Board of Directors
TIMMINS GOLD CORP.
BRUCE BRAGAGNOLO, CEO and Director
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. Bruce Bragagnolo, LLB. CEO (604) 638-8980 Email: Bruce@timminsgold.com Timmins Gold Corp. - Investor Relations Alex Tsakumis Corporate Development (604) 638-8976 Email: Alex@timminsgold.com Timmins Gold Corp. - Investor Relations Leighton Bocking Corporate Development (604) 638-8977 Email: Leighton@timminsgold.com
SOURCE: Timmins Gold Corp.
Source: MARKET WIRE
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