VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sep 27, 2012) - Timmins Gold Corp. (TMM.TO)(NYSE MKT:TGD)(NYSE Amex:TGD) is pleased to announce the addition of Mr. Taj Singh to its management team in the role of Vice President of Business Development.
Mr. Singh is a Professional Engineer (P.Eng.) and was formerly a Mining Analyst at Macquarie Capital Markets in Toronto, covering precious metals producers and developers. Additionally, he has over ten years experience working in the mining industry at Inco Limited and CVRD/Vale. His industry experience includes operations and development projects in Canada, Indonesia, New Caledonia and Brazil. He holds a Bachelor of Applied Science and Engineering (Metallurgy) from the University of Toronto and a Master of Engineering (Metallurgy) from McMaster University. Mr. Singh is a member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and a member of the Society of Management Accountants of Canada (CMA).
Bruce Bragagnolo, CEO and Director comments: "We are extremely pleased with the addition of Taj Singh to the team. It''s rare to find his combination of technical expertise and finance experience. Timmins Gold will benefit from his addition as we look to grow the Company."
Mr. Singh''s appointment complements the recent addition of Keith Peck as an independent member of the Board of Directors.
Mr. Peck is Chairman and CEO of Lincoln Peck Financial Inc., a financial advisory firm focused on the resource sector. He has over 27 years investment banking experience including Vice-President and Director of RBC Dominion Securities Inc. and Vice-Chairman of Yorkton Securities Inc. Mr. Peck has a broad business background that includes mergers and acquisitions, corporate restructurings, business valuations and expert financial testimony. Mr. Peck was a founder of Centenario Copper Corporation, a Chilean copper company which was acquired by Quadra Mining Ltd. in 2009. He has a BA in Economics from Princeton University and is a Chartered Business Valuator (CBV).
Bruce Bragagnolo, CEO and Director comments: "The addition of Keith Peck to our Board of Directors will provide invaluable insight into corporate valuation and mergers and acquisitions. He brings vast capital market expertise to the Company."
About Timmins Gold
Focused solely in Mexico, Timmins Gold Corp. is in commercial gold production at its wholly owned San Francisco gold mine in Sonora, Mexico. The mine is an open pit heap leach operation. Timmins Gold has forecast production at a rate in excess of 100,000 ounces of gold per year. (Micon International NI 43-101F1 Technical Report dated November, 2011).
On behalf of the Board:
Bruce Bragagnolo, LLB, CEO and Director
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