Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6), is pleased to announce that mining operations have restarted at its Avino Mine.
“We are extremely pleased to announce that mining operations have resumed at the Avino Mine,” said David Wolfin, President and CEO. “Over the last few months, our team has worked diligently as they prepared the mine-site for commencement of operational activities, which included hiring mine personnel and re-establishing the mill circuits. During operational closure, there were a number of upgrades made to improve recoveries at the mill. With the current higher metal prices, we look forward to generating positive cash flow again. As one of the main employers in the area, the restart of operations will play a critical role for the local communities, and it was important to bring a local workforce back.”
Management expects throughput at the mill will ramp-up quickly to levels prior to shut down. In addition, we are infill-drilling the oxide tailings resource that sits within our tailings storage facility, as well as continuing the previously reported exploration drill program.
Avino is primarily a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver and gold production remains unhedged. The Company’s mission and strategy is to create shareholder value through organic growth at the historic Avino Property and the strategic acquisition of mineral exploration and mining properties. We are committed to managing all business activities in a safe, environmentally responsible, and cost-effective manner, while contributing to the well-being of the communities in which we operate.
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We acknowledge the [financial] support of the Government of Canada.