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Timmins Gold Corp Provides Ops Update, Says Gold Recoveries "Improving" at San Fran Mine

Timmins Gold Corp. (TMM.TO), which rose 2 cents yesterday, provided an operational update, saying gold recoveries were "improving" this quarter at its San Francisco Mine.

It said improvements have been realized in gold recoveries for the months of October and November, 2011. Gold placed on the heap leach pads for October was 11,966 ounces (464,007 tonnes at a grade of 0.802 grams per tonne) and 6,618 ounces were extracted from the leach pads. Gold placed on the heap leach pads for November was 9,972 ounces (413,165 tonnes at a grade of 0.751 grams per tonne) and 6,990 ounces were extracted from the leach pads.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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