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ASM Avino Silver And Gold Mines Ltd (delisted)

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Share Name Share Symbol Market Type
Avino Silver And Gold Mines Ltd (delisted) TSXV:ASM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Avino Prepares for the 10,000 Tonne Bulk Sample

01/12/2009 5:29pm

Marketwired Canada


Avino Silver & Gold Mines Ltd. (the "Company") (TSX
VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is pleased to announce
contract terms have been finalized with Desarrollo Minero Guadalupe S.A. de C.V.
(DMG) for the mining of the 10,000 tonne bulk sample from the San Gonzalo
deposit.


Mobilization of equipment has been initiated with the arrival of a diesel
generator, scoop tram and 2 air compressors. Explosives have been ordered and
will be arriving on site later this week.


The mining contract will include collaring of the portal, driving about 1,000
meters of development consisting of a decline, crosscuts and raises and the
extraction of 10,000 tonnes of mineralized vein material. It is expected this
contract will be extended with mining operations to continue in the event the
bulk sampling program results in positive cash flow.


Discussions with the power authority (CFE) to have the required power for the
250 tpd operation reinstated have been positive. The required electrical repairs
to meet the Mexican standards and code as recommended by CFE is close to
completion. The reassembly of the cone crusher is the major outstanding item in
the completion of the 250tpd circuit.


Key personnel are being sourced and recruited as the project advances from
exploration to development of mining and milling operations.


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.


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