Avino Silver & Gold Mines Ltd (ASM)

[NYBob]

Avino Silver's Acquisition Of Bralorne Gold Mines -
Sep. 7, 2014 12:15 PM ET | About: Avino Silver & Gold Mines Ltd (ASM)
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Disclosure: The author is long ASM. (More...)

http://seekingalpha.com/article/2475905-making-sense-of-avino-silvers-acquisition-of-bralorne-gold-mines



God Bless

[RobertJames]

Avino Silver & Gold Mines Ltd. Enters Into Option Agreement With Endeavour Silver Corp.



VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2012) -Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE Amex:ASM)(NYSE MKT:ASM)(BERLIN:GV6)(FRANKFURT:GV6) ("Avino" or "the Company"), is pleased to announce that it has entered into an option and joint venture agreement with Endeavour Silver Corp. ("Endeavour"), whereby Endeavour was granted the option to acquire up to a 75% interest in the Laberinto Property ("the Property"), Durango State, Mexico, consisting of approximately 91.7 hectares. In order to exercise the option, Endeavour must pay up to US $200,000 in annual installments over 4 years to Avino in option payments, and incur up to US$3 million in exploration work on the Property over the next 4 years.

Upon Endeavour acquiring its 75% interest, a joint venture will be formed, under which if any party does not contribute its proportionate share of costs, its participating interest will be diluted on a pro rata basis according to the contributions of all parties. If any party's participating interest is reduced to 10% or less, then its interest will be automatically converted into a 2.5% net smelter returns royalty.

The El Laberinto property is situated 60 km's NE of Durango, Mexico and 25 km west of Avino's main mine. It occurs in the Sierra La Silla (hills) which form part of a large volcanic caldera which also contains Avino's main holdings. The Sierra La Silla area contains many silver, gold, lead, zinc and copper veins similar to those at Avino which are also situated in the lower volcanic Andesite sequence.

El Laberinto is a small property today and is a remnant of a much larger land package in the area once controlled by Avino.

During 1995 Avino mapped the La Silla area and sampled the principal veins. Avino had assembled the land package in the district in search of another Avino main vein. (Report August 1995)

Avino drove an adit on the Veta Grande ("Big Vein") in late 1995. Values of silver and gold were sub economic. The adit was stopped at approximately 300 meters length before it reached the main shoot described in the 1995 report. Three holes were drilled below the adit, assays are unavailable.

Avino does not consider that the Big Vein has been adequately explored to date. Although the adit showed low values, it didn't reach the principal shoot and was likely too high on the vein structure.

The disclosure of the technical information contained in this news release has been reviewed and approved by Mr. Chris Sampson, P.Eng., and Mr. Jasman Yee, P.Eng., who are Qualified Persons as defined by NI 43-101.

ON BEHALF OF THE BOARD

David Wolfin, President & CEO

[NYBob]

Avino Silver & Gold (ASM)
1.87 ? -0.03 (-1.58%)
Volume: 31,883 @ 3:59:54 PM ET
Bid Ask Day's Range
1.77 1.97 1.86 - 1.98
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.84 ? 0.1 (3.65%)
Volume: 12,852 @ 10:25:14 AM ET
Bid Ask Day's Range
2.84 2.86 2.8 - 2.87
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.84 ? -0.01 (-0.35%)
Volume: 43,440 @ 3:59:55 PM ET

Bid Ask Day's Range
2.75 2.9 2.75 - 2.88

TSX:ASM Detailed Quote

[Leafs007]

AR 201O IS OUT!

[NYBob]

Avino Silver & Gold (ASM)
2.58 ? 0.08 (3.20%)
Volume: 47,596 @ 3:54:42 PM ET
Bid Ask Day's Range
2.58 2.64 2.49 - 2.59
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.56 ? 0.1 (4.07%)
Volume: 48,546 @ 3:59:49 PM ET
Bid Ask Day's Range
2.53 2.58 2.49 - 2.58
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
3.4 ? -0.01 (-0.29%)
Volume: 5,350 @ 10:48:26 AM ET
Bid Ask Day's Range
3.37 3.4 3.37 - 3.42
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
3.4 ? 0.11 (3.34%)
Volume: 281,175 @ 3:58:56 PM ET
Bid Ask Day's Range
3.38 3.41 3.22 - 3.4
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.86 ? -0.04 (-1.38%)
Volume: 93,795 @ 3:57:38 PM ET
Bid Ask Day's Range
2.86 2.87 2.75 - 2.89
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.55 ? 0.07 (2.82%)
Volume: 91,328 @ 3:57:45 PM ET
Bid Ask Day's Range
2.55 2.61 2.44 - 2.6
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.49 ? -0.1 (-3.86%)
Volume: 126,611 @ 3:59:08 PM ET
Bid Ask Day's Range
2.49 2.52 2.47 - 2.6
TSX:ASM Detailed Quote

[NYBob]

Avino Silver & Gold (ASM)
2.2 ? 0.03 (1.38%)
Volume: 97,136 @ 3:59:31 PM ET
Bid Ask Day's Range
2.19 2.2 2.16 - 2.2
Full TSX:ASM Quote

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (USD) $1.29
Change ? 0.07 (5.74%)
Bid 1.20
Ask 1.32
Volume 33,394
Days Range 1.20 - 1.34
Last Trade 10/8/2010 3:42:53 PM
Detailed ASM Stock Quote

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (USD) $1.03
Change ? 0.13 (14.44%)
Bid 0.96
Ask 1.05
Volume 49,788
Days Range 0.9 - 1.03
Last Trade 9/8/2010 12:37:09 PM
Click for detailed quote page

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (USD) $0.81
Change ? 0.01 (1.25%)
Bid 0.8
Ask 0.81
Volume 3,300
Days Range 0.81 - 0.82
Last Trade 6/9/2010 11:59:26 AM
Click for detailed quote page

[NYBob]

Avino Silver & Gold Mines Lt (ASM)
$ 0.81 ?0.02 (2.53%)
Volume: 18,100

[NYBob]

Avino Silver and Gold Mines Ltd.: San Gonzalo Bulk Sampling Program Update
Thu Mar 4, 8:00 AM

http://ca.news.finance.yahoo.com/s/04032010/28/link-f-ccnmatthews-avino-silver-gold-mines-ltd-san-gonzalo-bulk.html

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2010) - Avino Silver & Gold Mines Ltd. (TSX VENTURE: ASM.V)(OTCBB: ASGMF.OB)(BERLIN:GV6)(FRANKFURT:GV6) ("Avino") is pleased to provide the following update on the San Gonzalo Bulk Sampling Program. Since January 15 of this year, the mining contractor (DMG) has advanced a total of 119 metres of the 4m x 4m decline with about 111 metres to go before reaching the San Gonzalo vein. At the current rate of advance, it is expected the decline will be completed by late March to early April. The mining method selected for the bulk sample is shrinkage/stope with drifts heading East and West from the point of the decline intersection with the vein.

It is interesting to note during the advance of the decline, a small vein was intersected on February 4. Mineralization and rusty brown staining of the vein material were noted. This is encouraging and suggests that there could be other potential unknown parallel veins or structures that could be encountered while driving the ramp.

Construction of the mine surface facilities near the entrance to the decline is making good progress, the fuel storage tank with its containment is nearly complete and foundations for the mechanic shop and mine office have been poured with roof and cladding to be installed.

At the process plant, the issues with the power company (CFE) have been resolved and commissioning of the new jaw crusher has been completed with no major mechanical or electrical deficiencies. The 41/4ft Symons cone crusher with all new bushings and socket liner is slated for testing this week together with the 8x6 ball mill.

Laboratory supplies are currently being purchased in preparation for putting the mine laboratory facilities back into service with the hiring of the assayer. The new AA machine is now on site and commissioning, training and testing is scheduled to begin once a suitable date with the supplier can be arranged.

Metallurgical testing of stockpile material has been completed by SGS Labs in Durango. The results show a reasonable copper concentrate of about 18% copper can be generated with approximate recoveries of 78%, 72% and 60% for copper, silver and gold respectively.

Discussions are underway with potential buyers of this copper concentrate product together with the product expected from the San Gonzalo bulk sample. Economics can then be updated to confirm those used previously.

According to the mine records, there are approximately 30,000 tons of older stockpile materials grading 0.41% Cu, 90g Ag/t and 1.1g Au/t that are available for tuning up the refurbished 250tpd plant circuit.

Founded in 1968, Avino has established a long record of mining and exploration in Mexico. The Company's focus is to bring the property to production. Avino remains well funded.

ON BEHALF OF THE BOARD

David Wolfin, President

This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

David Wolfin
Avino Silver & Gold Mines Ltd.
President
604.682.3701
604.682.3600 (FAX)
[e-mail]
www.avino.com

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (CAD)
$ 0.83
Change
? 0.13 (18.57%)
Bid 0.75
Ask 0.85
Volume 19,600
Day's Range 0.75 - 0.83
Last Trade 3:59:03 PM EST
Click for Detailed Quote Page

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (CAD)
$ 0.63
Change
▼ -0.02 (-3.08%)
Bid 0.64
Ask 0.72
Volume 8,500
Day's Range 0.63 - 0.64
Last Trade 12:30:51 PM EDT
Click for Detailed Quote Page

[NYBob]

Avino Silver & Gold (TSX:ASM)
Last Price (CAD)
$ 0.55
Change
◊ 0
Bid 0.55
Ask 0.58
Volume 1,460
Day's Range 0.55 - 0.55
Last Trade 3:56:09 PM EDT
Click for Detailed Quote Page

[NYBob]

Avino Silver & Gold Mines Ltd. (Tier1) (TSX:ASM)
Last Price (CAD)
$ 0.56
Change
◊ 0
Bid 0.55
Ask 0.69
Volume 3,930
Day's Range 0.56 - 0.56
Click for Detailed Quote Page
Last Trade:15:42:21 EDT Jul-2-09

[NYBob]

Avino Silver & Gold Mines Ltd. (Tier1) (TSX:ASM)
Last Price (CAD)
$ 0.46
Change
▲ 0.01 (2.22%)
Bid 0.47
Ask 0.53
Volume 1,500
Day's Range 0.46 - 0.46
Click for Detailed Quote Page
Last Trade:15:59:04 EDT Apr-30-09

[NYBob]

Avino Silver & Gold Mines Ltd. (Tier1) (TSX:ASM)
Last Price (CAD)
$ 0.83
Change
◊ 0
Bid 0.65
Ask 0.84
Volume -
Day's Range - - -
Click for Detailed Quote Page
Last Trade:9:37:18 EST Mar-2-09

[NYBob]

Avino Silver & Gold Mines Ltd. (Tier1) (TSX:ASM)
Last Price (CAD)
$ 0.59
Change
▼ -0.12 (-16.90%)
Bid 0.52
Ask 0.72
Volume 1,500
Day's Range 0.59 - 0.59
Click for Detailed Quote Page
Last Trade:15:57:59 EST Jan-13-09

[NYBob]

Avino Reports Further High-Grade Drill Results From San Gonzalo Zone-Drills 3.0 m of 10.28 g/t Gold and 545 g/t Silver -

http://tinyurl.com/6pyff9

God Bless

[NYBob]

Avino Receives Mining Permits -

http://tinyurl.com/65xkog

God Bless

[NYBob]

Avino Silver & Gold Mines Ltd.: Mega Silver Options Eagle Vein Property, Keno Hill, Yukon -

http://tinyurl.com/5fdp49

God Bless

[NYBob]

AVINO SILVER & GOLD MINES LTD.(CDNX: ASM.V)fiat$ 0.38
Trade Time: Nov 27

God Bless

[siempre33]

One of the tightest share structures of any *producing silver miner*...I've ALWAYS liked that about Avino...

Last Updated: 20 Oct 2006
Rolling 52 Week High 4.480
Rolling 52 Week Low 1.300
Total Number of Shares 20,574,727
Shares in Escrow 0
Net Shares Outstanding 20,574,727
Float Quoted Market Value 37,034,509

the co. has over 12M$ cash for new exploration...
the latest MD&A

http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004926

*the Avino mine was in production until 2001*

[NYBob]

To 'alohamart' on 'AVINO SILVER & GOLD MINE ' -

its on firesale -

You be a LT happy camper -

the more bargains -

You be able to BUY!

God Bless
http://www.888c.com/

[alohamart]

I heard Avino is trading at only around the value of their assets (or even lower), including their mill. It seems like a great, low-risk silver play with huge upside potential from reopening the old mine, from the tailings, and from the huge prospective property.

[siempre33]

Avino Silver & Gold Mines for the long term

Avino Silver (ASM.V in Canada, ASGMF in the U.S.) is a silver and gold mining company based in Canada with top silver prospects in Mexico and Canada. Avino recently acquired the 51% of its namesake Avino Mine in Mexico that they didn't already have. Avino plans to get silver revenue from 3 different sources to provide for near-term, mid-term, and long-term revenues:

Near term: Tailings from prior production, which they plan to harvest in coming monthsMid term: The previously operating Avino mine that still has lots of silver and should be back in production within a year or twoLong term: "11,000 hectares of highly prospective land around the mine, of which no one inch has been explored by modern exploration methods." (from article linked at bottom)Avino hasn't moved up nearly as much as some other silver stocks in recent months, and remains cheap relative to the amount of silver they have and how close they are to production. We also like that it can be bought in the U.S. under ASGMF, which sometimes trades at a higher volume than ASM does in Canada.

Avino hit its high on 4/3/06 when silver was in the 11's. With silver having rallied to over $14 and Avino looking to break out of a triangle pattern in an uptrend, we believe Avino represents a great long-term investment. With silver having run up sharply recently, it may be due for a pullback soon, but we believe any pullback in Avino shares represents a good buying opportunity for the long term.The author of the Silver Stock report likes Avino because it's one of the most highly leveraged silver stocks there is: http://silverstockreport.com/email/Avino.htmlHere's a good overview of Avino from October: http://www.silverstrategies.com/story.aspx?local=1&id=1536