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CHAT LIVE in the only dedicated CHAT ROOM for (OTCBB:ASGMF) Avino Silver & Gold Mines Ltd. shareholders!

Publication: M2 Presswire
Publication Date: 27-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-27 May 2008-Stockwire.com: CHAT LIVE in the only dedicated CHAT ROOM for (OTCBB:ASGMF) Avino Silver & Gold Mines Ltd. shareholders!(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:27052008

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(OTCBB:ASGMF) Avino Silver & Gold Mines Ltd.

Monday May 26, 8:30 am ET VANCOUVER, BRITISH COLUMBIA- - Avino Silver & Gold Mines Ltd. is pleased to present an update on its progress at the Avino Mine property near Durango in north-central Mexico. As one of the few Canadian mining companies that have been active in Mexico since the 1970s, we understand the importance of a long term outlook. Avino is currently planning to re-establish small scale production at our mine on a test basis. This represents a very exciting time for the Company and we have been working on many fronts as part of our commitment to re-establish full commercial production.

Last year we reported on the success of exploration efforts at the San Gonzalo discovery area where a significant high grade mineralization was outlined. We believe that this discovery area has the potential to support profitable mining under the current market conditions. We have initiated a plan to test this potential and are working towards commencing a 10,000 tonne bulk sampling program at San Gonzalo. A number of permits are required before this operation can commence and we have submitted applications to gain all permitting approvals. We anticipate that these permits will be granted.

We will hire a contractor for the underground development work, and for extraction and transportation of the bulk sample material. We are reviewing a number of qualified mining contractors and will be selecting a company that we believe can operate...

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