Timmins Gold Achieves Record Gold Production for Q1 2012

Gold Investing

Timmins Gold Corp. (TSX:TMM,AMEX:TGD) announced that its gold production for the first quarter of 2012 reached a record high of 21,532 ounces. Its recovery ratio was 69 percent.

Timmins Gold Corp. (TSX:TMM,AMEX:TGD) announced that its gold production for the first quarter of 2012 reached a record high of 21,532 ounces. Its recovery ratio was 69 percent.

As quoted in the press release:

The increased production was achieved despite approximately four days of downtime associated with the completion of the first part of a three stage capacity improvement program. The first stage was the replacement in March of an existing tertiary crusher for a higher capacity unit as well as improvements in blasting process at the pit. Also, the addition of increased pumping capacity has allowed a higher rate of solutions flow to the leach pads to fully leach the newly stacked ore.

Click here to read the full Timmins Gold Corp. (TSX:TMM,AMEX:TGD) press release.

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