Timmins Gold Corp. (TSX:TMM,NYSEMKT:TGD) released preliminary production results for Q1 2016, commenting that during the period it produced 25,120 ounces of gold.
Arturo Bonillas, president of Timmins, commented:
Gold production this quarter was strong mainly due to higher grades and lower waste stripping. Grades were 17% higher and strip was 18% lower than the same quarter last year. We remain on track to achieve our objectives for 2016.