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Avino reports new power line energized and final permits received for new tailings storage facility
Avino reports new power line energized and final permits received for new tailings storage...
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\nAvino reports new power line energized and final permits received for new tailings storage facility\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\n\nAvino reports new power line energized and final permits received for new tailings storage facility\nCanada NewsWire\nVANCOUVER, June 13, 2016\n\n\n\nNYSE - MKT: ASMTSX-V: ASMFSE: GV6\n\n\n\nVANCOUVER, June 13, 2016 /CNW/ - Avino Silver & Gold Mines Ltd. (ASM: TSX.V, ASM: NYSE - MKT; \"Avino\" or \"the Company\") announces the following updates from its Avino property in Durango, Mexico.\n\nAvino is pleased to report that the newly constructed dedicated power line to the mine site was energized and tested on June 8th during management's visit. The test was successful and the line is now fully functional at the design capacity of 5 megawatts (\"MW\"). Current power consumption at the mine is approximately 2MW, leaving sufficient additional power for near-term expansion projects that are currently being organized, such as the Oxide Tailings Heap Leach/Merril-Crowe Precipitation Project (which would require 1 MW) and a possible expansion of the processing plant, which would require a further 1 MW. Additionally, the existing power line will be left in place to service local communities and provide backup power for the mine.\n\n\"We are thrilled to have the ability to continue expanding our operations in these rising metals markets. The new powerline provides enough energy to power our existing operations, the future oxide tailings resource operation, as well as another near-term expansion at the mill, leaving 1 MW of excess capacity for further expansion\". \n\n- David Wolfin, President, CEO & Director\n\nIn addition, the Company has received all necessary permits to build the new tailings storage facility (\"TSF\"), and construction planning with the contractor is underway. A new tailings storage facility is necessary to allow the existing TSF to be decommissioned, which will enable Avino to begin assessing the upper sulphide bench as well as the lower oxide bench in areas that are...