Exhibit 99.93
FORM 51-102F3
MATERIAL CHANGE REPORT
1. | Name and Address of Company |
Timmins Gold Corp. | |
Suite 1900 – 570 Granville Street | |
Vancouver, BC, V6C 3P1 | |
2. | Date of Material Change |
August 23, 2011. | |
3. | Press Release |
The Press Release dated August 23, 2011 was disseminated via Marketwire. | |
4. | Summary of Material Change |
Timmins Gold Corp. announced the interception of additional mineralized zones from the ongoing drill program at its San Francisco Gold Mine located in Sonora, Mexico. | |
5. | Full Description of Material Change |
See Schedule “A” attached. | |
6. | Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102 |
Not Applicable. | |
7. | Omitted Information |
Not Applicable. | |
8. | Executive Officer |
Bruce Bragagnolo, Chief Executive Officer (604) 638-8980 | |
9. | Date of Report |
August 23, 2011. |
SCHEDULE “A”
TIMMINS GOLD CORP.
Suite 1900 - 570 Granville Street
Vancouver, BC, V6C 3P1
Tel.: (604) 682-4002
Fax: (604) 682-4003
August 23, 2011 | TSX: TMM |
NEWS RELEASE
Timmins Gold intersects 4.57 metres grading 8.134 grams per tonne gold
Timmins Gold Corp. (TSX:TMM) is pleased to announce that additional mineralized zones were intercepted during the month of July, 2011 from the ongoing drill program at its San Francisco mine open pit gold mine in the state of Sonora, Mexico.
During July the Company completed 95 drill holes totalling 20,103 meters of drilling. Drill results have confirmed that the mineralized zones continue both beneath the currently planned pit bottom and outside the perimeter of the currently planned pit limit. A series of holes drilled on the south wall of the pit confirmed the up dip continuity of the mineralized zones recently intersected beneath the currently planned pit bottom. For example, Hole TF-1312 drilled on the south wall intersected several mineralized zones including 12.19 meters with a grade of 2.631 gpt gold.
Drilling at the La Chicharra open pit which is two kilometers from the San Francisco pit also intersected gold mineralization. Results from the La Chicharra drilling will be released shortly.
The Company is completing an aggressive 100,000 meter exploration program which commenced at the beginning of July, 2011 and is expected to be completed at the end of the calendar year.
Highlights from selected drill holes from the July results at the San Francisco mine open pit are as follows:
Mineral Drill Intersections | ||||||||||||||||||
Drill Hole | Depth | Section | ||||||||||||||||
Number | (m) | Line | From | To | True Width | Au, | ||||||||||||
(m) | (m) | (m) | g/t | |||||||||||||||
TF -1309 | 118.87 | 820 W | 38.10 | 41.15 | 3.05 | 3.409 | ||||||||||||
| includes | 38.10 | 39.62 | 1.52 | 6.275 | |||||||||||||
| and | 77.72 | 88.39 | 10.67 | 0.561 | |||||||||||||
| includes | 80.77 | 82.30 | 1.52 | 2.616 | |||||||||||||
| and | 97.54 | 106.68 | 9.14 | 0.776 | |||||||||||||
| includes | 103.63 | 105.16 | 1.52 | 3.005 | |||||||||||||
| and | 111.25 | 112.78 | 1.52 | 0.308 | |||||||||||||
TF- 1311 | 152.4 | 420 W | 89.92 | 100.58 | 10.66 | 1.980 | ||||||||||||
TF -1312 | 228.6 | 460 W | 201.17 | 213.36 | 12.19 | 2.631 | ||||||||||||
TF -1313 | 152.4 | 880 W | 1.52 | 21.34 | 19.82 | 0.638 | ||||||||||||
| and | 80.77 | 85.34 | 4.57 | 2.375 | |||||||||||||
TF- 1315 | 182.88 | 640 W | 121.92 | 126.49 | 4.57 | 0.491 |
2
| and | 131.06 | 161.54 | 30.48 | 0.600 | |||||||||||||
TF- 1317 | 234.69 | 900 W | 106.68 | 115.82 | 9.14 | 3.203 | ||||||||||||
| includes | 108.20 | 111.25 | 3.05 | 8.181 | |||||||||||||
TF- 1318 | 252.96 | 560 W | 100.58 | 114.30 | 13.72 | 3.311 | ||||||||||||
| includes | 100.58 | 105.16 | 4.57 | 8.134 | |||||||||||||
TF -1319 | 252.96 | 620 W | 128.02 | 137.16 | 9.14 | 0.981 | ||||||||||||
TF-1321 | 155.45 | 500 W | 120.40 | 129.54 | 9.14 | 0.987 | ||||||||||||
TF-1322 | 155.45 | 500 W | 106.68 | 120.40 | 13.72 | 1.078 | ||||||||||||
TF-1323 | 256.03 | 520 W | 73.15 | 85.34 | 12.19 | 1.447 | ||||||||||||
| and | 91.44 | 105.16 | 13.72 | 1.309 | |||||||||||||
| and | 124.97 | 131.06 | 6.10 | 0.738 | |||||||||||||
| and | 146.30 | 158.50 | 12.19 | 0.432 | |||||||||||||
| and | 242.32 | 249.94 | 7.62 | 0.731 | |||||||||||||
TF-1324 | 268.22 | 440 W | 164.59 | 167.64 | 3.05 | 6.110 |
Deep core drilling designed to find the main feeder system for the gold mineralization at the pit and regionally, intercepted mineralization starting at a depth of 178 meters and continuing to a depth of 835 meters.
For more detailed drill hole intersections and a drill hole plan map, please click on the following link; http://www.timminsgold.com/i/maps/2011-08-22_NR-Files2.pdf.
The size of the gold mineralization zone, its presence within large shear zones and the continuous nature of the gold within these zones form the basis of management’s expectation that the ongoing drill program could lead to a significant increase in the mineral resource at San Francisco and could potentially also lead to the discovery of additional satellite deposits within the existing land package.
The samples collected during the drilling were prepared by the Company and assayed by IPL-Inspectorate Lab using fire assay and gravimetric finish. Strict sampling and QA-QC protocol were followed to ensure the best practices in sampling and analysis of the drill samples. Duplicates, standards and blanks were inserted into the sampling stream at intervals of 25 samples.
The Company has engaged independent consulting firm Micon International Inc. of Toronto to provide an updated NI 43-101 Reserve and Resource Estimate which will incorporate assay results obtained from over 85,000 metres of drilling conducted from June 30, 2010 to July 31, 2011.