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Avino Silver & Gold Mines Ltd. (TSE:ASM) reports results of the 10,000 tonne bulk sample program at the San Gonzalo deposit.
The press release is quoted as saying:
The net proceeds of the bulk sample program yielded a significant profit of $1.3 million based on concentrate sold to date. This is a positive result and demonstrates the viability of the San Gonzalo Project. On the basis of this result, Avino is proceeding with their mine plan to develop the 3rd, 4th and 5th levels and to provide mill feed at the rate of 250tpd on a sustained basis In the meantime, Avino is in discussions with Wardrop, A Tetra Tech Company, on a possible scoping study with the aim of improving and optimizing the project. There are many opportunities available such as the expansion of daily throughput, improving metallurgical recoveries, and areas where operating costs can be reduced.
Click here to access the entire press release.
Click here to access Avino’s company profile.(TSX:ASM)