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Avino Silver & Gold Mines Ltd.
Summary
| Project: | Avino | |
|---|---|---|
| Deposit: | Avino | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 12/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-12-2016: Avino Silver & Gold Mines Ltd. announces an Exploration/Drilling Update report for its Avino deposit at the Avino project. Drilling results incl. 44.30m @ 2.08g/t Au, 29g/t Ag, 0.06% Cu from 40.20m. Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Sampson, Jasman Yee (Not stated;Internal) | |
| ABSTRACT: | Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: TSX.V, ASM; “Avino” or the “Company”) is pleased to announce the following results from the first eight holes of its current drill program at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico. The current drill program commenced in September, 2016, and comprises 18 holes in total, for a total of 2,955 metres. Eleven of the holes have been drilled to date, and eight have been assayed. The objective of this program is to explore the area of the Avino Vein System between the San Luis workings and the Elena Tolosa (“ET”) current production area. This new area is close to surface and accessible from the existing Avino Mine underground workings. The area was identified as a target of interest as it may have been overlooked in the past given that on surface and at shallow depths, the Avino Vein system splits into hanging wall and foot wall structures. The Avino Vein (Epithermal) has been followed longitudinally for more than 1,300 metres and vertically for more than 600 metres. It strikes north 66° east with an east-west splay, and dips to the south and southeast at 60° to 70°. Steeply dipping, high grade zones within the vein and stock-work zones (See Avino stockwork photos linked here) are frequently found throughout the vein, as well as at its intersections with a number of lateral veins. The new zone is approximately 240 metres of strike length by 130 metres in depth, and an average of 15 metres in thickness. The Avino vein remains open at depth. | |
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