Avino Moves Toward Early Production

VANCOUVER - David Wolfin, President of Avino Silver and Gold Mines said, "Our 2007 plan to reassess the entire Avino property, located in Durango State, Mexico, for new vein production opportunities lead to better than expected drill results on a San Gonzalo vein. The known vein shown on all the geologic maps, but it had never been explored by modern techniques in the past. With the positive San Gonzalo vein exploration drill results we see a way forward to recommission the mill for large scale metallurgical testing toward perhaps reopening the mine. It is gratifying to see a way to reopen the Avino mine which is our core asset that has been on standby since 2001 due to low metal prices. The San Gonzalo vein discovery provides a way forward toward early production and also increases the significance of our positive exploration drill results on the main Avino vein which now also requires a NI 43-101 compliant resource evaluation. With the team we have in place at the Mine who made the San Gonzalo vein discovery, we are confident going forward toward early production. Our team sees new untested discovery potential in other unexplored veins on our ground which we will continue to pursue."
From 1975 to 2001 the Avino mine produced 16 million ounces silver, 96,000 ounces gold and 24 million pounds of copper from the main Avino vein from an underground and open pit. The ore was processed by a modern 1200 tpd floatation mill. It was shut down and was put on a standby basis in 2001 due to low metal prices and closure of a key smelter.
The company's address is Suite 400, 455 Granville Street, Vancouver, BC V6C 1T1, (604) 682-3701, fax: (604) 682-3600, email:  [email protected] .