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Avino Silver & Gold Mines Provides Update on its Avino Property
Avino Silver & Gold Mines Provides Update on its Avino Property Avino Silver &...
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\nAvino Silver & Gold Mines Provides Update on its Avino Property\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.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\nAvino Silver & Gold Mines Provides Update on its Avino Property\nCanada NewsWire\nVANCOUVER, May 8, 2017\n\n\n\nNYSE - MKT: ASMTSX-V: ASMFSE: GV6\n\n\n\nVANCOUVER, May 8, 2017 /CNW/ - Avino Silver & Gold Mines Ltd. (ASM: TSX.V, ASM: NYSE – MKT, GV6: FSE, \"Avino\" or \"the Company\") announces the following updates from its Avino property in Durango, Mexico.\n\nAvino is pleased to announce that the plans which were discussed in January, 2017 are progressing very well. The updates below from its Avino and San Gonzalo Mines include the ongoing plant and mine expansion to increase throughput capacity at the processing plant by approximately 70%, as well as the advancement of the Oxide Tailings Resource project with the recently announced positive Preliminary Economic Assessment.  Additionally, an optimization review of our internal operating plan was carried out which prompted discussions and studies on Tailings Storage Facility (\"TSF\") alternatives. The foregoing resulted in a recommendation to use tailings as backfill, which led to a temporary halt in construction of the new TSF in order to gain a further understanding of this possible alternative.\n\n\"We are extremely pleased with the progress being made with respect to our 2017 plans.  As I stated in January, these significant plans will support the company's growth efforts, further develop and maintain a solid production profile going forward, and continue to create long-term shareholder value. I am very proud of the dedication and efforts of our team at the Avino mine site who are working very hard to ensure the planned work is progressing on schedule.\"\n\nDavid Wolfin – President & CEO Avino Silver & Gold Mines Ltd.\n\nPlant and Mine Expansion Updates\n\nMill Expansion – Circuit #4\n\nThe addition of Circuit #4 which will have an identical throughput capacity as Circuit #3, with the same size ball mill, f...