Our cardinal gold sell objective is to construct a multi-million ounce-per-year silver manufacturer
Avino Silver and Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE Amex:ASM)(OTCBB:ASGMF)(FRANKFURT:GV6)(BERLIN:GV6) (the "Business enterprise" or "Avino") is contented to supply the tracking up-date of performances at its Avinos mine operation positioned near Durango, Mexico.SALE OF Focus
Avino is contented to proclaim the sale of all its remaining copper focus manufactured in 2011 from stockpiles of material left from prior mining of the Avino Vein situated on Avino's property near Durango, Mexico. The focus levels approximately kg/t silver and 25 g/t gold.
Shipping and delivery of the copper focus began last week and the remainder 7 or 8 van heaps are required to be shipped and delivered to TMC's warehouse in Manzanillo before the finale of the month. The provisional monthly bill for this lot shipping and delivery is predicted in late Dec or early Jan with the finale monthly bill when the assays have been finalized. Avino uses bonded carriers to boat its focus and has the needful assurance in place.
The Business enterprise is nowdays within the final phases of negotiating an covenant for the sale of the remainder San Gonzalo bulk focus. Shipping and delivery of the focus 're going to commence when the sale covenant has been concluded.
OPERATIONAL Up-date
Milling operations are continuing with the processing of the old Avino vein stockpiles at the ratio of around A hundred and eighty tpd. The feed levels are highly multi-ply relying on the spot of the material. Typical silver feed level series from 60 to 120 g/t and gold from to g/t.
The Business enterprise is additionally contented to report the construction of the electricity queue from a current substations serving the mill and Avino mine to the San Gonzalo entrance is 60% complete. The approximate distance of the electricity queue once complete would be 2 kilometre. The duty was functioned by a neighborhood contractor with administration from our workforce and once complete 're going to cut back consumption of diesel petrol, thus saving costs.
With regards to the mine development operate on San Gonzalo, the Business enterprise is contented to report the ramp to grade 3 has been reached and work on the crosscut to the vein is nowdays in progress. As well as that work on the ramp to grade 4 will remain just as well.
Mechanic info within this press release has buy cheap rs gold been reviewed and accepted by Jasman Yee, P. Eng, the business's Certified Person as outlined by NI 43-101. Assays of mill commodities were functioned by SGS Labs in Durango, Mexico. Focus shipping and delivery assays buy wow gold cheap were functioned by ERSA and checked at ALS Vitamins in Vancouver, BC.
Founded in 1968, Avino's task is to formulate shareholder value through beneficial organic maturation at the historic Avino property near Durango, Mexico. We are committed to supervising all enterprise performances in an ecologically responsible and reasonably cheap demeanour, whilst contributing to the well-being of the community during which we perform.
. Our distinctive goals are to attain full time commercial production asap, enlarge bounty, reserves and the mines outflow as well as to detect, explore and improve new targets on the property.
Avino remnants in a respectable fiscal position; is account balance free and well-funded to continue its development plans.
For more info visit our web site at .
On the part of the Board
David Wolfin, President
This divulge includes statements that appears to be forward-looking statements and are topic to various hazards and questions involving the distinctive factors revealed beneath the head line "Jeopardy Factors" and any place else within the Firm’s in season filings with Canadian securities government bodies. Such info included herein depicts management's best verdict as of the date hereof based on info now available. The Firm doesn't assume the liability to upgrade any forward-looking announcement.
Neither TSX Cooperation Transfer nor its Legislation Services Seller (as which term is outlined within the rules of the TSX Cooperation Transfer) accepts duty for the adequacy or accuracy of this divulge.
Contacts:
Avino Silver & Gold Mines Ltd.
David Wolfin
President
.3701
.3600 (FAX)
