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Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) announced an expansion update from the Avino mine, which is located on its Mexico-based Avino property. David Wolfin, the company’s president, CEO and director, said he is “extremely pleased” with the progress being made there.
Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) announced an expansion update from the Avino mine, which is located on its Mexico-based Avino property. David Wolfin, the company’s president, CEO and director, said he is “extremely pleased” with the progress being made there.
As quoted in the press release:
- Dewatering (93% Complete)
The Avino Mine is now dewatered down to level 10.5 with one more level to go before the area where mining ceased in 2001 is reached. At the current dewatering rate, it is anticipated that mining can commence in the 3rd Quarter or possibly sooner pending completion of dewatering.- Main Haulage Ramp Rehabilitation (85% Complete)
The ramp in general is in very good condition as the host rock is very competent; areas where sloughing has occurred are being stabilized with steel and timber sets and sprayed with shotcrete. The rehabilitation has kept pace with dewatering so once dewatering in the final level is complete the final rehabilitation will be swift.- New Underground Mining Equipment (Received)
New Oldenberg single boom jumbo and Caterpillar RG 1600 six yard scoop tram have been purchased using the Caterpillar credit facility; this equipment is in addition to a scoop tram and air compressor that were previously purchased for the rehabilitation work.- 2 New Portable Mine Offices (Received)
- 5 New Personnel Mine Diesel Trucks (Received)
Click here to read the full Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) press release.