AVINO REPORTS FATAL ACCIDENT AT PROPERTY
Avino Silver & Gold Mines Ltd. (NYSE: ASM) reports a tragic workplace incident resulting in the loss of a contractor's employee at the Avino Mine in Durango, Mexico, as announced on April 5, 2023.
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Rhea-AI Summary
Avino Silver & Gold Mines Ltd. (NYSE: ASM) reports a tragic workplace incident resulting in the loss of a contractor's employee at the Avino Mine in Durango, Mexico, as announced on April 5, 2023. The company's CEO, David Wolfin, expressed condolences to the deceased's family and colleagues. Despite this tragic event, Avino does not expect any disruption to production at the mine. Avino remains committed to supporting the Mexican authorities in their investigation. The company continues to focus on creating shareholder value through profitable growth and controls significant mineral resources totaling 368 million silver equivalent ounces. Operations remain environmentally responsible and cost-effective, ensuring the well-being of surrounding communities.
Positive
- The company controls significant mineral resources totaling 368 million silver equivalent ounces.
- Production at the Avino Mine is expected to remain unaffected by the accident.
Negative
- Tragic loss of a contractor's employee raises concerns about workplace safety.
Details
News Market Reaction – ASM
The recorded move for ASM in the trading session of this news was +3.01%.
Data tracked by StockTitan Argus. Session date unavailable.
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"On behalf of Avino, we extend our sincerest sympathies and support to the families, friends and colleagues of the deceased," stated
Avino's management and staff are supporting the Mexican authorities with their investigation and currently Avino does not expect the accident to affect production from the
Avino is a silver producer from its wholly owned
On Behalf of the Board
"David Wolfin"
________________________________
President & CEO
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
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