San Francisco Gold Mine – Mexico

Status: Gold producer expanding resource base

In June 2008, PRRF provided funding to Timmins Gold Corp to fund the re-development of the San Francisco Gold Mine in Sonora State, Mexico.

Successfully commissioned San Francisco Mine
Steady state production commenced in April 2010
Resource base recently increased by 25% to over 1 million ounces of gold (895,000 ounces Measured and Indicated and 154,000 ounces Inferred)
Significant exploration program now underway to extend current pit and define other regional deposits