Avino Retains Consulting Mining Engineer
August 13 2013 - 8:00AM
Marketwired
Avino Silver & Gold Mines Ltd. ("Avino" or "the Company") (TSX
VENTURE:ASM)(NYSE MKT:ASM)(FRANKFURT:GV6) today announced that it
has retained Mr. Fred Sveinson, B.A., B.Sc., P.Eng as a consulting
mining engineer. Mr. Sveinson will primarily provide input on major
strategic decisions.
Mr. Sveinson is a professional mining engineer with more than 40
years' experience in Canada and internationally in the development,
construction and operation of mines for major mining companies.
During the last 15 years Mr. Sveinson has been involved in the
junior exploration business in exploration, financing and
management. Currently Mr. Sveinson is a director of several public
exploration or development companies. He also provides consulting
services to the mining industry. Mr. Sveinson was a graduate of the
University of Saskatchewan in 1970 with a Bachelor of Science in
Mining Engineering. He is also a graduate of the University of
Waterloo with a Bachelor of Arts in General Economics.
Mr. Sveinson's appointment strengthens the operational expertise
at Avino, and will contribute valuable experience to the company's
objectives of expansion and cost reduction in order to increase
profitability. His wide-ranging experience and understanding of
mine engineering and optimization will help maximize the value of
Avino's current operations and ongoing expansion.
"Avino's operation is growing rapidly and we are happy to have
Mr. Sveinson, an experienced mining engineer, involved to
complement our existing staff. Mr. Sveinson brings a wealth of
experience that will prove valuable as we continue to implement our
expansion plans."
- David Wolfin, President, CEO & Director, Avino Silver
& Gold Mines Ltd.
About Avino
Founded in 1968, Avino's mission is to create shareholder value
through profitable organic growth at the historic Avino property
near Durango, Mexico. We are committed to managing all business
activities in an environmentally responsible and cost-effective
manner while contributing to the well-being of the community in
which we operate.
ON BEHALF OF THE BOARD
David Wolfin, President & CEO, Avino Silver & Gold Mines
Ltd.
Safe Harbor Statement - This news release contains
"forward-looking information" and "forward-looking statements"
(together, the "forward looking statements") within the meaning of
applicable securities laws and the United States Private Securities
Litigation Reform Act of 1995, including our belief as to the
extent and timing of various studies including the PEA, and
exploration results, the potential tonnage, grades and content of
deposits, timing and establishment and extent of resources
estimates. These forward-looking statements are made as of the date
of this news release and the dates of technical reports, as
applicable. Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the
future circumstances, outcomes or results anticipated in or implied
by such forward-looking statements will occur or that plans,
intentions or expectations upon which the forward-looking
statements are based will occur. While we have based these
forward-looking statements on our expectations about future events
as at the date that such statements were prepared, the statements
are not a guarantee that such future events will occur and are
subject to risks, uncertainties, assumptions and other factors
which could cause events or outcomes to differ materially from
those expressed or implied by such forward-looking statements.
Such factors and assumptions include, among others, the effects
of general economic conditions, the price of gold, silver and
copper, changing foreign exchange rates and actions by government
authorities, uncertainties associated with legal proceedings and
negotiations and misjudgments in the course of preparing
forward-looking information. In addition, there are known and
unknown risk factors which could cause our actual results,
performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Known risk factors include risks
associated with project development; the need for additional
financing; operational risks associated with mining and mineral
processing; fluctuations in metal prices; title matters;
uncertainties and risks related to carrying on business in foreign
countries; environmental liability claims and insurance; reliance
on key personnel; the potential for conflicts of interest among
certain of our officers, directors or promoters of with certain
other projects; the absence of dividends; currency fluctuations;
competition; dilution; the volatility of the our common share price
and volume; tax consequences to U.S. investors; and other risks and
uncertainties. Although we have attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There
can be no assurance that forward-looking statements will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. We are under no obligation to update or alter any
forward-looking statements except as required under applicable
securities laws.
Cautionary Note to United States Investors - The information
contained herein and incorporated by reference herein has been
prepared in accordance with the requirements of Canadian securities
laws, which differ from the requirements of United States
securities laws. In particular, the term "resource" does not equate
to the term "reserve". The Securities Exchange Commission's (the
"SEC") disclosure standards normally do not permit the inclusion of
information concerning "measured mineral resources", "indicated
mineral resources" or "inferred mineral resources" or other
descriptions of the amount of mineralization in mineral deposits
that do not constitute "reserves" by SEC standards, unless such
information is required to be disclosed by the law of the Company's
jurisdiction of incorporation or of a jurisdiction in which its
securities are traded. U.S. investors should also understand that
"inferred mineral resources" have a great amount of uncertainty as
to their existence and great uncertainty as to their economic and
legal feasibility. Disclosure of "contained ounces" is permitted
disclosure under Canadian regulations; however, the SEC normally
only permits issuers to report mineralization that does not
constitute "reserves" by SEC standards as in place tonnage and
grade without reference to unit measures.
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: Avino Silver & Gold Mines Ltd. David Wolfin
President & CEO 604.682.3701 604.682.3600 (FAX)ir@avino.com
www.avino.com
Avino Silver and Gold Mi... (AMEX:ASM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Avino Silver and Gold Mi... (AMEX:ASM)
Historical Stock Chart
From Jul 2023 to Jul 2024