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Longevity
We're in our 39th year of operation. In that time, we have:
- Operated the Avino mine under partnership for 27 years.
- Acquired control of the mine in 2006.
- Recently initiated a four-pronged strategy to bring the Avino mine back into production.
- Made a number of significant discoveries in both Canada and Mexico.
Mexico
Large areas of the Avino mine remain undeveloped. We're now examining at least a dozen targets identified by mining giant LuisMin S.A. de C.V. Recent drilling has encountered significant, high-grade silver in the San Gonzalo zone, and we're drilling a number of other zones. There is also at least US$40 million worth of metal in the mine tailings with an estimated recoverable net value of US$31 million (Wardrop Engineering Study, 2006, based on US$8.00 silver).
Canada
Recent drilling at our Minto property in British Columbia encountered significant gold mineralization as well as zinc. Further drilling is planned for 2007. We're continually examining new opportunities amongst precious and base metals projects throughout Canada and the United States.
Expertise
Our team consists of successful mine-builders, geologists and financiers. Collectively we have over 150 years' experience in the industry. We have built long-standing, valuable relationships in Mexico, and these connections will greatly assist our continuing development in a land of great mining opportunity.
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