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Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company also maintains a diversified pipeline of gold and base metals exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine, which is on care and maintenance. The Company also holds 100% interest in Proyectos Mineros La Preciosa S.A. de C.V. (La Preciosa), a Mexican corporation, which owns the La Preciosa Property. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada. The Company’s mineral claims in Mexico are divided into two groups: Avino Mine area property and Gomez Palacio/Ana Maria property. La Preciosa is a development stage mineral property located in the state of Durango, Mexico. Its other properties include Eagle, Minto, and Olympic, among others.


TSX:ASM - Post by User

Comment by Oil_investoron Feb 28, 2012 10:53am
354 Views
Post# 19597471

RE: New 20 Year Royalty Agreement Completed to Re-

RE: New 20 Year Royalty Agreement Completed to Re-

Very great news! Avino up 18% and finally broke 2 dollars. This stock have a perfect environment going forward. They will start producing silver with low cash costs, and will soon release a new resource estimate. All this with an increasingly silver price, will lead to an interesting year.

Keep in mind, if the global economy goes well. Silver will probably be the precious metal that will witness the biggest gains!  

 

Oil Investor

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