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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 LiquidForumon Dec 05, 2018 5:13pm
200 Views
Post# 29071923

RE:News

RE:News
HeyyourSpecial wrote:

Avino Announces Drill Results 

Makes sense but reeks of desperation.  Bleeding cash on every ounce milled. They could be close to closing shop or trying to limp through to higher metal prices. God damn silver price is stuck in the mud and I'm stuck a bit too.  Rumor of new Mexican president moving the goal posts hasn't helped the industry either. They already take a huge bite of taxes. What a mess . Ramp up tonnage just in time to loose on all the extra ounces. Silver needs to make a move with in a month or this gets very ugly.
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