Exhibit 99.65
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 |
| |
| July 14, 2011. |
| |
3. | Press Release |
| |
| The Press Release dated July 14, 2011 was disseminated via Marketwire. |
| |
4. | Summary of Material Change |
| |
| Timmins Gold Corp. announced results of 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 |
| |
| July 14, 2011. |
SCHEDULE “A”
TIMMINS GOLD CORP. |
Suite 1900 - 570 Granville Street |
Vancouver, BC, V6C 3P1 |
Tel.: (604) 682-4002 |
Fax: (604) 682-4003 |
July 14, 2011 | TSX: TMM |
NEWS RELEASE |
Timmins Gold intersects Gold below the Open Pit
and along strike at San Francisco Gold Project
Intersects 11.93 grams per tonne gold over 4.57 metres
Timmins Gold Corp. (TMM, TSX) is pleased to announce that its ongoing drill program continues to extend, expand and deepen the mineralization at the San Francisco Gold Mine, located in the State of Sonora, Mexico.
During the four months from March to the end of June, 2011, the Company completed 38,623 metres of reverse circulation drilling in 268 holes and 10,015 metres of core drilling in 26 holes. The ongoing drill program is focused around the existing pit in a zone 2 kilometres E-W by 1 km N-S, and also beneath the presently planned pit depth of 240 metres. Drilling has also started around the La Chicharra pit 2 kilometres to the west of the San Francisco pit. Significant gold values have been intersected in all directions around the San Francisco pit including beneath the planned San Francisco pit bottom.
As a result of the success of the ongoing program the Company has expanded the drill program and has on site 6 reverse circulation drill rigs and 3 core drill rigs, one of which is capable of drilling to depths of 1,000 metres. 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 15, 2011.
Significant mineral intercepts from the program around the San Francisco pit are as follows: 4.57 metres of 11.932 gpt gold and 39.62 metres of 1.613 gpt gold in Hole TF-1280, 6.09 metres of 4.27 gpt gold in hole TF-1099; 10.67 metres of 1.62 gpt gold and 6.09 metres of 1.43 gpt gold, both in hole TF-1100; 7.62 metres of 1.52 gpt gold in hole TF-1117; 6.10 metres of 2.28 gpt gold in hole TF-1119. Hole TF-1168 had multiple mineral intercepts including 6.10 metres of 1.65 gpt gold, 7.62 metres of 1.43 gpt gold and 4.57 metres of 8.31 gpt gold including an interval of 1.53 metres of 24.63 gpt gold. Hole TF-1196 intercepted three mineralized zones including, 4.57 metres of 3.25 gpt gold. Hole TF-1234 intersected
6.09 metres of 3.41 gpt gold and 6.10 metres of 1.082 gpt gold. Hole TF-1240 intersected multiple zones including 12.19 metres of 2.0 gpt gold, 3.05 metres of 8.294 gpt gold, 3.05 metres of 1.12 gpt gold and 7.62 metres of 1.40 gpt gold.
The drill program has included exploring below the currently planned pit bottom of 240 metres using reverse circulation drilling and core drilling for holes deeper than 250 metres. The returned assays indicate the mineralization is extending in parallel mineral bodies up to 40 metres in width below the currently planned pit bottom and has shown mineralized zones at depths of 100 metres below the currently planned pit bottom.
Results from deep core drilling underneath the planned pit bottom were very encouraging. The previously stated Hole TF-1280 intersected 4.57 metres of 11.932 gpt gold and 39.62 metres of 1.613 gpt gold. Hole TFD-90 intersected 4.50 metres of 2.219 gpt gold at a depth of 385 metres and Hole TFD-80 intersected 1.50 metres of 3.097 gpt gold at a depth of 421.50 metres. Directly underneath the planned pit bottom hole TF-1246 intersected 12.19 metres of 1.031 gpt gold and hole TF-1279 intersected several intervals including 4.57 metres of 1.036 gpt gold, 4.57 metres of 1.89 gpt gold and 6.09 metres of 2.48 gpt gold.
2
The current exploration below the planned pit bottom supports the theory from the Company’s geological team, that the mineralized system may extend to greater depths. This is consistent in “Mesothermal” systems, which have significant depth extent, and have the potential to yield high grade feeder systems at depth.
Core drilling continuing along strike in a zone 600 metres to the east of the pit returned values as high as 25.5 metres of 1.908 gpt gold in hole TFD-71. Results of holes in this new zone are confirming the continuity of the gold mineralization at least 600 metres to the East of the current pit limit. The Company has extended the core drill program in order to cover the next 400 metres to the east to determine whether the mineralization extends at least 1 kilometer to the east of the SF pit.
The table below highlights the better intercepts from the last four months of drilling:
Reverse Circulation Drilling
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
TF-1092 | 1.52 | 9.14 | 7.62 | 1.602 |
Includes | 1.52 | 3.05 | 1.53 | 5.257 |
Includes | 7.62 | 9.14 | 1.52 | 2.455 |
TF-1099 | 105.16 | 111.25 | 6.09 | 4.270 |
Includes | 108.20 | 109.73 | 1.53 | 5.820 |
Includes | 109.73 | 111.25 | 1.52 | 10.810 |
TF-1100 | 47.24 | 57.91 | 10.67 | 1.620 |
Includes | 50.29 | 56.34 | 6.10 | 2.621 |
And | 64.01 | 70.10 | 6.09 | 1.430 |
Includes | 64.01 | 68.58 | 4.57 | 1.839 |
TF-1107 | 62.48 | 70.10 | 7.62 | 0.571 |
Include | 62.48 | 65.53 | 3.05 | 1.274 |
And | 102.11 | 103.63 | 1.52 | 2.724 |
TF-1109 | 94.49 | 103.63 | 9.14 | 0.859 |
Includes | 100.58 | 103.63 | 3.05 | 2.362 |
TF-1114 | 80.77 | 86.87 | 6.10 | 1.613 |
Includes | 80.77 | 82.30 | 1.53 | 5.556 |
TF-1116 | 160.02 | 176.78 | 16.76 | 1.832 |
Includes | 160.02 | 164.59 | 4.57 | 1.571 |
Includes | 169.16 | 170.69 | 1.52 | 14.250 |
TF-1117 | 143.26 | 150.88 | 7.62 | 1.516 |
Includes | 146.30 | 149.35 | 3.05 | 3.449 |
TF-1119 | 33.53 | 39.62 | 6.09 | 0.941 |
Includes | 33.53 | 36.58 | 1.53 | 1.499 |
And | 83.82 | 89.92 | 6.10 | 2.283 |
Includes | 85.34 | 86.87 | 1.52 | 7.777 |
TF-1122 | 73.15 | 79.25 | 6.10 | 1.503 |
Includes | 76.20 | 77.72 | 1.52 | 5.212 |
And | 100.58 | 109.73 | 9.15 | 0.771 |
Includes | 100.58 | 102.11 | 1.53 | 3.020 |
Includes | 106.68 | 108.20 | 1.52 | 1.125 |
TF-1127 | 74.68 | 82.30 | 9.14 | 1.412 |
Includes | 77.72 | 80.77 | 3.05 | 3.075 |
TF-1129 | 45.72 | 48.77 | 3.05 | 1.143 |
3
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
And | 96.01 | 100.58 | 4.57 | 4.541 |
Includes | 96.01 | 97.54 | 1.53 | 10.985 |
TF-1152 | 15.24 | 24.38 | 9.14 | 4.368 |
Includes | 21.34 | 24.38 | 3.04 | 12.760 |
TF-1158 | 47.24 | 53.34 | 6.10 | 1.829 |
Includes | 48.77 | 53.34 | 4.57 | 2.176 |
TF-1159 | 100.58 | 108.20 | 7.62 | 1.035 |
Includes | 105.16 | 106.68 | 1.52 | 3.269 |
TF-1162 | 138.68 | 147.83 | 9.15 | 0.938 |
Includes | 140.21 | 141.73 | 1.52 | 2.713 |
Includes | 144.78 | 146.30 | 1.52 | 1.200 |
And | 155.45 | 163.07 | 7.62 | 1.430 |
Includes | 156.97 | 158.50 | 1.53 | 6.052 |
TF-1168 | 0.00 | 6.10 | 6.10 | 1.649 |
Includes | 4.57 | 6.10 | 1.53 | 4.818 |
And | 18.29 | 25.91 | 7.62 | 1.492 |
Includes | 21.34 | 24.38 | 3.04 | 2.940 |
And | 103.63 | 108.20 | 4.57 | 8.308 |
Includes | 103.63 | 105.16 | 1.53 | 24.633 |
And | 138.68 | 150.88 | 14.20 | 0.470 |
Includes | 140.21 | 141.73 | 1.52 | 0.928 |
Includes | 149.35 | 150.88 | 1.53 | 1.165 |
TF-1170 | 24.38 | 33.53 | 9.15 | 1.631 |
Includes | 25.91 | 28.96 | 3.05 | 3.907 |
TF-1186 | 35.05 | 38.10 | 3.05 | 4.372 |
Includes | 35.05 | 36.58 | 1.53 | 8.501 |
TF-1188 | 13.72 | 18.29 | 4.57 | 0.913 |
Includes | 15.24 | 16.76 | 1.52 | 2.466 |
TF-1196 | 4.57 | 13.72 | 9.15 | 0.695 |
Includes | 7.62 | 9.14 | 1.52 | 2.696 |
And | 103.63 | 108.20 | 4.57 | 3.253 |
Includes | 103.63 | 105.16 | 1.53 | 8.547 |
And | 135.64 | 143.26 | 7.62 | 0.682 |
Includes | 135.64 | 138.68 | 3.04 | 1.199 |
TF-1204 | 112.78 | 118.87 | 6.09 | 1.175 |
Includes | 117.35 | 118.87 | 1.52 | 2.991 |
TF-1207 | 73.15 | 79.25 | 6.10 | 1.381 |
Includes | 77.72 | 79.25 | 1.53 | 4.836 |
TF-1209 | 9.14 | 13.72 | 4.58 | 1.159 |
And | 120.40 | 126.49 | 6.09 | 1.008 |
TF-1210 | 36.58 | 41.15 | 4.57 | 1.184 |
TF-1216 | 128.02 | 132.59 | 4.57 | 2.935 |
Includes | 128.02 | 129.54 | 1.52 | 8.285 |
And | 149.35 | 152.40 | 3.04 | 0.877 |
TF-1220 | 128.02 | 149.35 | 21.33 | 1.063 |
Includes | 141.73 | 144.78 | 3.05 | 3.669 |
TF-1222 | 126.49 | 141.73 | 15.24 | 0.477 |
Includes | 126.49 | 128.02 | 1.52 | 1.223 |
Includes | 134.11 | 135.64 | 1.53 | 1.338 |
4
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
TF-1234 | 36.58 | 42.67 | 6.09 | 3.410 |
And | 62.48 | 68.58 | 6.10 | 1.082 |
And | 74.68 | 97.54 | 22.86 | 0.586 |
Includes | 79.25 | 83.20 | 3.95 | 1.442 |
TF-1236 | 47.24 | 53.34 | 6.10 | 1.253 |
Includes | 48.77 | 51.82 | 3.05 | 2.338 |
TF-1240 | 50.29 | 62.48 | 12.19 | 2.001 |
Includes | 57.91 | 60.96 | 3.05 | 8.294 |
And | 82.30 | 85.35 | 3.05 | 3.117 |
And | 88.39 | 94.49 | 6.10 | 0.449 |
Include | 89.92 | 91.44 | 1.52 | 1.296 |
And | 105.16 | 112.78 | 7.62 | 1.398 |
Includes | 111.25 | 112.78 | 1.53 | 4.836 |
TF-1251 | 83.82 | 88.39 | 4.57 | 1.537 |
Includes | 85.34 | 86.87 | 1.53 | 4.148 |
TF-1254 | 30.48 | 45.72 | 15.24 | 0.726 |
Includes | 30.48 | 32.00 | 1.52 | 2.653 |
Includes | 44.20 | 45.72 | 1.52 | 1.174 |
And | 100.58 | 114.30 | 13.72 | 0.710 |
Includes | 109.73 | 112.78 | 3.05 | 2.932 |
And | 137.16 | 140.21 | 3.05 | 0.973 |
Includes | 138.68 | 140.21 | 1.53 | 1.828 |
TF-1259 | 54.86 | 65.53 | 10.67 | 1.150 |
Includes | 57.91 | 60.96 | 3.05 | 2.667 |
TF-1270 | 3.05 | 6.10 | 3.05 | 5.693 |
And | 18.29 | 19.81 | 1.52 | 3.305 |
And | 59.44 | 62.48 | 3.04 | 0.620 |
And | 68.58 | 77.72 | 9.14 | 0.521 |
Includes | 73.15 | 76.2 | 3.05 | 1.194 |
And | 132.59 | 134.11 | 1.52 | 0.237 |
TF-1278 | 21.34 | 48.77 | 27.43 | 1.401 |
Includes | 21.34 | 24.38 | 3.04 | 2.958 |
Includes | 28.96 | 39.62 | 10.66 | 1.909 |
And | 57.91 | 70.10 | 12.19 | 1.637 |
Includes | 60.96 | 67.06 | 6.10 | 2.773 |
And | 83.82 | 88.39 | 4.57 | 0.446 |
Includes | 83.82 | 85.34 | 1.52 | 1.101 |
And | 102.11 | 103.63 | 1.52 | 0.266 |
And | 106.68 | 108.2 | 1.52 | 0.214 |
And | 124.97 | 146.3 | 21.33 | 0.393 |
Includes | 128.02 | 129.54 | 1.52 | 1.218 |
TF-1279 | 0.00 | 18.29 | 18.29 | 0.536 |
Includes | 6.10 | 10.67 | 4.57 | 1.036 |
And | 24.38 | 27.43 | 3.05 | 0.233 |
And | 33.53 | 36.58 | 3.05 | 0.296 |
And | 51.82 | 56.39 | 4.57 | 1.899 |
Includes | 51.82 | 54.86 | 3.04 | 2.775 |
And | 60.96 | 64.01 | 3.05 | 1.084 |
Includes | 60.96 | 62.48 | 1.52 | 1.777 |
And | 68.58 | 76.20 | 7.62 | 0.565 |
Includes | 71.63 | 73.15 | 1.52 | 2.140 |
And | 80.77 | 83.82 | 3.05 | 0.214 |
5
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
And | 89.92 | 96.01 | 6.09 | 2.48 |
Includes | 89.92 | 94.49 | 4.57 | 3.259 |
And | 111.25 | 115.82 | 4.57 | 2.336 |
TF-1280 | 15.24 | 30.48 | 15.24 | 1.431 |
Includes | 25.91 | 27.43 | 1.52 | 9.798 |
And | 33.53 | 42.67 | 9.14 | 0.762 |
Includes | 33.53 | 36.58 | 3.05 | 1.799 |
And | 56.39 | 68.58 | 12.19 | 0.647 |
Includes | 56.39 | 57.91 | 1.52 | 1.683 |
And | 73.15 | 76.20 | 3.05 | 0.226 |
And | 88.39 | 92.96 | 4.57 | 11.932 |
Includes | 88.39 | 91.44 | 3.05 | 17.57 |
Includes | 89.92 | 91.44 | 1.52 | 25.674 |
And | 106.68 | 141.73 | 35.05 | 1.807 |
Includes | 109.73 | 118.87 | 9.14 | 4.456 |
TF-1282 | 0.00 | 9.14 | 9.14 | 1.982 |
Includes | 6.10 | 9.14 | 3.04 | 3.659 |
And | 24.38 | 35.05 | 10.67 | 1.778 |
Includes | 32.00 | 33.53 | 1.52 | 9.013 |
And | 77.72 | 79.25 | 1.52 | 0.356 |
And | 129.54 | 140.21 | 10.67 | 0.343 |
Includes | 132.59 | 134.11 | 1.52 | 1.039 |
Core Drilling
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
TFD-71 | 68.00 | 99.50 | 31.50 | 1.570 |
Includes | 68.00 | 93.50 | 25.50 | 1.908 |
Includes | 80.00 | 83.00 | 3.00 | 4.740 |
Includes | 90.50 | 93.00 | 3.00 | 4.696 |
And | 138.50 | 146.00 | 7.50 | 0.602 |
TFD-72 | 36.00 | 39.00 | 3.00 | 0.942 |
And | 49.50 | 54.00 | 4.50 | 1.483 |
Includes | 51.00 | 54.00 | 3.00 | 2.038 |
And | 181.50 | 184.50 | 3.00 | 0.949 |
TFD-75 | 96.00 | 100.50 | 4.50 | 3.136 |
Include | 97.50 | 99.00 | 1.50 | 3.136 |
And | 115.50 | 118.50 | 3.00 | 8.868 |
Includes | 117.00 | 118.50 | 1.50 | 16.969 |
And | 175.50 | 181.50 | 6.00 | 0.722 |
Includes | 178.50 | 180.00 | 1.50 | 2.260 |
And | 205.50 | 208.50 | 3.00 | 2.369 |
TFD-81 | 48.00 | 60.00 | 12.00 | 1.813 |
Includes | 55.50 | 60.00 | 4.50 | 3.331 |
TFD-83 | 139.50 | 144.00 | 4.50 | 1.841 |
Includes | 139.50 | 141.00 | 1.50 | 4.672 |
TFD-85 | 150.00 | 159.00 | 9.00 | 2.176 |
Includes | 153.00 | 154.50 | 1.50 | 10.268 |
TFD-89 | 51.00 | 58.50 | 4.50 | 0.880 |
And | 150.00 | 153.00 | 3.00 | 1.696 |
6
Drill Hole Number | From (m) | To (m) | True Width (m) | Au (g/t) |
And | 177.00 | 186.00 | 9.00 | 0.437 |
Includes | 177.00 | 178.50 | 1.50 | 1.795 |
And | 216.00 | 220.50 | 4.50 | 2.118 |
TFD-90 | 120.00 | 145.50 | 25.50 | 0.424 |
Includes | 120.00 | 123.00 | 3.00 | 1.179 |
And | 240.00 | 268.50 | 28.50 | 1.058 |
Includes | 240.00 | 246.00 | 6.00 | 1.470 |
Includes | 253.50 | 256.50 | 3.00 | 2.674 |
Includes | 264.00 | 265.50 | 1.50 | 2.889 |
And | 289.50 | 292.50 | 3.00 | 5.537 |
And | 315.00 | 336.00 | 21.00 | 0.571 |
Includes | 315.00 | 316.50 | 1.50 | 2.603 |
Includes | 321.00 | 322.50 | 1.50 | 1.308 |
And | 367.50 | 399.00 | 31.50 | 0.721 |
Includes | 373.50 | 375.00 | 1.50 | 1.998 |
Includes | 385.50 | 387.00 | 1.50 | 1.264 |
Includes | 388.50 | 393.00 | 4.50 | 2.219 |
And | 462.00 | 469.50 | 7.50 | 0.450 |
Includes | 468.00 | 469.50 | 1.50 | 1.465 |
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 Inspectorate Lab using fire assay and AA finish Gold values above 10 g/t Au are re-assayed and checked by 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.