Timmins Gold Corp. (CVE:TMM) announced that it has staked an additional 95,000 hectares along the highly prospective Sonora-Mojave Megashear structural province of northern Sonora, Mexico.
Timmins Gold Corp. (CVE:TMM) announced results of a first phase reverse circulation drill program on the Norma gold-silver property in Sonora, Mexico.
Investors will know it best for its production of silver, with over 10 billion ounces mined; however, Mexico is also abundant in quantities of gold, copper, lead and zinc. Mexico’s ever-expanding gold mining industry is well positioned for a strong year in 2010, with output expected to increase by an additional 880,000 ounces to nearly 2.5 million ounces, representing an approximately 50 percent increase over 2009’s projected figures.
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