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Avino Silver & Gold Mines Ltd.
Summary
| Project: | Avino | |
|---|---|---|
| Deposit: | Avino | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-4-2017: Avino Silver & Gold Mines Ltd. announces an Exploration/Drilling Update report for its Avino deposit at the Avino project. Drilling results incl. 20.0m @ 2.32g/t Au, 66g/t Ag, 0.08% Cu from 68.60m. Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Sampson, Jasman Yee (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 a further ten holes of its originally planned 18-hole drill program (3,000 metres) at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico. The objective of the foregoing drill program which commenced in September, 2016 was 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 and 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 18-hole drill program was completed with Hole ET-17-11 in mid March, and in order to fully evaluate the tonnage and the grade of the new zone, Avino decided to extend the program with an expected additional 20 drill holes. The drill is currently completing Hole ET-17-17 (the sixth hole of the extended 20-hole program). “We are very encouraged with the overall results of the initial exploration drill program between the San Luis workings and Elena Tolosa, and due to the success of the program, we are pleased to have extended it. The results support the continuation of the extensive Avino Vein system, and continue to demonstrate that this is a new gold rich area that has been untouched in the past.” | |
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