Avino Provides Progress Report for Bulk Sampling Program
April 06 2010 - 10:34AM
Marketwired
Avino Silver & Gold Mines Ltd. (TSX VENTURE: ASM)(OTCBB:
ASGMF)(BERLIN: GV6)(FRANKFURT: GV6) has reported significant
progress towards its goal of beginning a 10,000-tonne bulk sampling
program at the company's Avino Mine near Durango, Mexico.
Refurbishing of the 250 tpd processing plant is nearly complete,
all operating permits have been issued and the reclamation bond has
been posted. Construction and underground development are ongoing,
and the company expects to commission the new plant during the
second quarter of 2010.
The bulk sampling program will process material from the
high-grade San Gonzalo Zone. However, the plant will initially
process older, stockpiled materials grading 0.41% Cu, 90 g Ag/t and
1.1 g Au/t. This step will allow the company to fine tune the new
plant circuit prior to processing the San Gonzalo material.
Jasman Yee, Avino's Project Manager, has provided the following
progress report as of April 1, 2010:
Underground Development
Ramp development is ongoing with about 65m to go before
intersecting the San Gonzalo vein. Several narrow alterations rich
in pyrite have been noted and logged during the advancement of the
ramp. The 10m cut out for equipment turnaround in the ramp has been
completed.
Buildings and Power Supply
The mine office, workshop and diesel fuel storage are about 80%
complete. Design of oil spillage from the workshop and fuel storage
has been factored in according to the land use permit. DMG, the
mining contractor, has overseen the supply of the power generator
and the air compressors. The hotel, miners quarters and
telecommunications system are complete and fully functional.
Tailings and Reclaim Water Supply
The tailings reclaim water system is operational and plans are
in place to reactivate the La Caricol water system as well to
ensure milling operations will not be impacted during the balance
of the dry season.
Electrical
The entire electrical system has been upgraded in order to
comply with CFE requirements. The majority of this work has been
completed. However, there is still additional work required as more
equipment is added to the operating list.
Plant Refurbishing
The crushing circuit is currently undergoing commissioning. We
are expecting a report from Metso verifying that the cone crusher
is ready for service and the installation of the lubrication system
is within specification.
The jaw crusher, screen and various conveyor belts have been
tested and appear to be problem-free. Longer running times are
required, however, to ensure moving parts will not overheat during
operations. Additional lubrication has been ordered for this
purpose.
The 8x6 ball mill was started empty and the speed was measured
at 22rpm. At this speed, it represents a little over 80% of
critical so its capacity has been optimized. Ball charge is
expected to range from 12 to 16 tons depending on the % desired
loading.
Photographs and video of the commissioning phase can be found at
www.avino.com.
Founded in 1968, Avino has established a long record of mining
and exploration in Mexico. The Company's focus is to bring the
property to production. Avino remains well funded.
ON BEHALF OF THE BOARD
David Wolfin, President
This release contains statements that are forward-looking
statements and are subject to various risks and uncertainties
concerning the specific factors disclosed under the heading "Risk
Factors" and elsewhere in the Company's periodic filings with
Canadian securities regulators. Such information contained herein
represents management's best judgment as of the date hereof based
on information currently available. The Company does not assume the
obligation to update any forward-looking statement.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Avino Silver & Gold Mines Ltd. David Wolfin
President 604.682.3701 604.682.3600 (FAX) www.avino.com
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