Gold Production in Mexico

Targeting 2013 annual production of 118,000 ounces of gold

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Message: Shares of Timmins Gold Commence Trading on Toronto Stock Exchange



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VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2011) -
Timmins Gold Corp. (TSX:TMM) is pleased to announce that effective at the opening of trading today its common shares were listed for trading on the Toronto Stock Exchange ("TSX") and delisted from the TSX Venture Exchange. Timmins Gold will continue to use the stock symbol TMM for trading in its shares on the TSX. Timmins Gold CEO Bruce Bragagnolo and President Arturo Bonillas thank both the TSX, for working together with the company to facilitate the listing on Canada's senior stock exchange, and also the shareholders for their continued support of the company throughout the TSX listing process. As noted in an earlier news release, the listing marks another milestone reflecting the rapid growth of Timmins Gold over the last few years and provides access to larger pools of growth capital and creates greater liquidity.



Important Information



This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. This press release relates to a business combination transaction with Capital Gold proposed by Timmins Gold. This material is not a substitute for the prospectus/offer to exchange Timmins Gold has filed with the SEC regarding the exchange offer and will send or give to Capital Gold shareholders when the exchange offer is commenced or for any other document which Timmins Gold may file with the SEC and Canadian securities regulators and send to Timmins Gold or Capital Gold shareholders in connection with the exchange offer. INVESTORS AND SECURITY HOLDERS OF TIMMINS GOLD AND CAPITAL GOLD ARE URGED TO READ THE PROSPECTUS/OFFER TO EXCHANGE AND ANY OTHER DOCUMENTS FILED WITH THE SEC AND CANADIAN SECURITIES REGULATORS CAREFULLY IN THEIR ENTIRETY, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE EXCHANGE OFFER. Such documents, as well as solicitation statements relating to the Consent Solicitation and the Proxy Solicitation, are available free of charge through the web site maintained by the SEC at >www.sedar.com, or by directing a request to Timmins Gold at Suite 520-609 Granville Street, Vancouver, BC, Canada V7Y-1G5 or at



About Timmins Gold



Focused in Mexico, Timmins Gold Corp. became a gold producer in April 2010 with the commencement of commercial production at its wholly owned San Francisco Mine in Sonora, Mexico. In addition, the Company has an extensive portfolio of gold projects in Mexico.




FOR FURTHER INFORMATION PLEASE CONTACT: Bruce Bragagnolo
Timmins Gold Corp.
CEO and Director
604-638-8980
bruce@timminsgold.com
http://www.timminsgold.com/">www.timminsgold.com

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