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Message: Intersects 1.30 g/t Gold and 13 g/t Silver Across 37.5 meters From Surface

Intersects 1.30 g/t Gold and 13 g/t Silver Across 37.5 meters From Surface

posted on Feb 17, 2009 06:55AM
February 17, 2009
Timmins Gold Intersects 1.30 g/t Gold and 13 g/t Silver Across 37.5 meters From Surface at Cocula Project, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 17, 2009) - Timmins Gold (TSX VENTURE:TMM) announces the assay results of a 26 hole, 1,974 meter reverse circulation drill program at its Cocula Project in the state of Jalisco, Mexico. Highlights of the program include Hole RCC-01 which intersected 1.30 g/t gold and 13 g/t silver across 37.5 meters from surface, including 9.40 g/t gold and 22 g/t silver across 4.5 meters. Other important intercepts include Hole RCC-02, which intersected 1.22 g/t gold and 34 g/t silver across 4.5 meters, Hole RCC-03 which intersected 0.77 g/t gold and 10 g/t silver across 13.50 meters, Hole RCC-09 which intersected 0.72 g/t gold and 8.7 g/t silver across 54 meters, Hole RCC-10 which intersected 1.20 g/t gold and 13 g/t silver across 37.50 meters from surface, Hole RCC-17 which intersected 1.41 g/t gold across 10.50 meters and Hole RCC-19 which intersected 1.10 g/t gold and 17 g/t silver across 9 meters. All widths are estimated to be true widths. Complete assay and analytical results from the above holes are shown in the table below.

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             Start     Finish   Interval        Au        Ag
HOLE #          (m)        (m)        (m)      g/t       g/t
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RCC-01        0.00      37.50      37.50      1.30      13.0
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Includes      0.00       7.50       7.50      5.80      21.0
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Includes      0.00       4.50       4.50      9.40      22.0
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------------------------------------------------------------
RCC-02        0.00      19.50      19.50      0.40      13.0
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Includes      7.50      18.00      10.50      0.70      21.0
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Includes     10.50      15.00       4.50      1.22      34.0
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RCC-03        0.00      48.00      48.00      0.37       5.0
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Includes      4.50      18.00      13.50      0.77      10.0
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Includes      7.50      15.00       7.50      1.10      14.4
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------------------------------------------------------------
RCC-09        0.00      54.00      54.00      0.72       8.9
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Includes     24.00      34.50      10.50      1.80      11.0
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Includes     39.00      52.50      13.50      1.40      17.5
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And          60.00      64.50       4.50      0.15       2.6
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RCC-10        0.00      37.50      37.50      1.20      13.0
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Includes     12.00      18.00       6.00      3.10       8.4
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Includes     24.00      36.00      12.00      2.00      27.0
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RCC-17        4.50      15.00      10.50      1.41       2.2
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Includes      4.50       9.00       4.50      3.04       2.3
------------------------------------------------------------
------------------------------------------------------------
RCC-19        0.00      25.50      25.50      0.44       6.8
------------------------------------------------------------
Includes      6.00      15.00       9.00      1.10      17.0
------------------------------------------------------------
And          36.00      40.50       4.50      0.11       1.0
------------------------------------------------------------
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The drill program confirmed the existence of an oxidized breccia cap on top of a granitic stock, which outcrops along an identified strike length of 1,600 meters and which varies in thickness from 10 to 60 meters from surface, with a width across the strike of 6 to 150 meters. The gold and silver mineralization is contained in a set of semi parallel quartz veins and veinlets within a breccia consisting of fragments of andesitic rocks affected by the system of veins and veinlets. The vein system appears to be the source of the mineralization.

Timmins Gold technical staff and management are confident that the drill program has identified a bulk tonnage target with a potential low strip ratio. The Company plans to continue with surface sampling and trenching to delineate the breccia zone, followed by further reverse circulation drilling.

Qualified Person

Pursuant to National Instrument 43-101, Lawrence A. Dick, Phd, P.Geo 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.
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Feb 23, 2009 04:00AM
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