Avino Silver & Gold Mines, a silver mining company operating in Mexico, has achieved a significant milestone by securing a land-use agreement for its La Preciosa project in Durango, Mexico. This agreement is crucial for the development of La Preciosa, which ranks as one of Mexico’s major undeveloped silver resources. The project’s location, close to Avino’s existing operations, including a mill processing facility, is advantageous for the company.
David Wolfin, President and CEO of Avino, has expressed excitement about this progress, viewing it as a critical step toward starting production at La Preciosa. Following the agreement, the company plans to begin processing existing surface stockpiles at the mill. Future plans include applying for an environmental permit for underground operations and, pending regulatory approval, commencing the development of an access ramp to the high-grade Gloria vein. La Preciosa is anticipated to significantly contribute to Avino’s expansion, with its considerable silver and gold resources.
Company’s Vision and Community Engagement
Avino is committed to enhancing shareholder value through its operational growth at the historic Avino Property and the strategic acquisition of La Preciosa in early 2022. Managing a sizeable land package, the company’s mineral resources total 368 million silver equivalent ounces. Avino maintains a strong commitment to safety, environmental stewardship, and community engagement. Stakeholders are encouraged to follow the company’s updates and activities on social media platforms.