VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 17, 2014) – Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) is pleased to report preliminary production results for the Company's third quarter ended September 30, 2014. The Company produced 27,013 gold equivalent ounces during the quarter. Production for the first three quarters of 2014 was 97,687 gold equivalent ounces. Production during the quarter was impacted by record storms and rainfall in September which restricted access to the pit. This resulted in the Company processing lower grade ore from stockpiles and also caused dilution of gold in the leaching solutions, which reduced the recovered ounces. Despite the disruptions caused by the storms, including power outages, the operating team managed to maintain average crushing throughput in excess of 24,000 tpd. Operations are now back to normal. Management maintains production and cost guidance for the year and expects to reach the higher range of production guidance of 115,000 to 125,000 ounces of gold equivalent.

Arturo Bonillas, President of Timmins Gold stated, "The San Francisco Mine has been operating steadily at designed capacity for several quarters. We continue to look for ways to decrease costs and increase production. Despite the worst rainfall in over 20 years we have managed to come very close to our production target for the quarter. The exploration drill program on our high priority regional targets is continuing and we expect to provide initial drill results shortly."

About Timmins Gold

Timmins Gold is in commercial gold production at its wholly owned San Francisco Gold Property in Sonora, Mexico. The mine is an open pit heap leach operation from which Timmins Gold has projected production of 115,000 to 125,000 ounces of gold equivalent in 2014 with cash costs of approximately $800 per ounce.

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