Timmins Gold Gets Environmental Approval For Ana Paula Project

Timmins Gold Corp. said pre-market Monday that it secured authorization in Mexico for its Ana Paul project located in Guerrero. The gold mining firm said Mexican regulator Semarnat outlined environmental protection programs that are required during construction of the project, which are in-line with expectations.

CEO Greg McCunn said the company expects “to publish our Pre-Feasibility Study for the project later this quarter which will substantially improve upon our confidence in the mineral resource, the metallurgy and the project economics.”

Timmins Gold also said it expects to complete permitting and feasibility study work over the next 12 moths ahead of construction that will start in Q2 2018.

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