Gold Production in Mexico

Targeting 2013 annual production of 118,000 ounces of gold

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Message: Ovais Habib, Scotia Capital (2/19/13)

Ovais Habib, Scotia Capital (2/19/13) "We have initiated coverage on the common shares of Timmins Gold Corp. with a Sector Outperform rating and a one-year target price of CA$4/share. . .we believe the company has a solid production base at the San Francisco mine, where the company plans to increase gold production by continuing to expand the crushing capacity and optimize processing efficiency."

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