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.
Wednesday, February 23, 2011