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Gold/Mining/Energy : Silver prices
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To: Casey who wrote (646)2/6/1998 3:36:00 PM
From: CuriousGeorge   of 8010
 
Avino Silver & Gold ASM-V 4,099,997 shares issued

from the Gold Stock Advisory - October 1, 1997

Operations at Avino's silver mine in Mexico are both open-pit and underground. I examined the reserves and interpolated the tonnage into silver ounces as follows: 28-million ounces proven; 50-million ounces probable and 27 million ounces possible.

Current costs of silver production at the Avino Mine in Mexico are under $3 an ounce. It is not too far-fetched to envision a doubling of annual silver production at the Avino Mine, from 1-to-2-million silver ounces a year during the next 12-months.

avino.com
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