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Avino Silver & Gold Mines Ltd.
Summary
| Project: | Avino | |
|---|---|---|
| Deposit: | Avino, San Gonzalo | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 9/26/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-9-2016: Avino Silver & Gold Mines Ltd. announces a Resource Estimation report for its Avino, San Gonzalo deposit at the Avino project. Updated mineral resource estimate for project. Avino Silver & Gold Mines Ltd. (Avino) is a Canada-based mining and ex | |
| Resources: | (Resource, M+I): 3.27Mt @ 109g/t Ag, 0.54g/t Au, 0.29% Cu at property total | |
| CP/QP: | [Resources]: Michael O’Brien (QG Australia Pty Ltd.) | |
| ABSTRACT: | Avino Silver & Gold Mines Ltd. (Avino) is a Canada-based mining and exploration company listed on the Toronto Stock Exchange Venture Exchange (TSXV) and the New York Stock Exchange (NYSE) with precious metal properties in Mexico and Canada. The Avino Mine (the Property or the Project), near Durango, Mexico, is Avino’s principal asset and is the subject of this technical report, which includes a current resource estimate for the Avino Veins, San Gonzalo Veins and for the oxide tailings deposit. The relative positions of the three deposits and the existing processing plant are shown in Figure 1-2. Avino holds a 99.67% interest in the Property through its subsidiary company called Compañía Minera Mexicana de Avino (CMMA). Avino commenced development, including drilling and bulk sampling, on the San Gonzalo Vein in 2010 and this work is ongoing. This marks the resumption of activity on the Property since 2001, when low metal prices and the closure of a key smelter caused the mine to close after having been in operation continuously for 27 years. Between 1976 and 2001, the mine produced approximately 497 t of silver, 3 t of gold, and 11,000 t of copper (Slim 2005) as well as an undocumented amount of lead. The majority of the information has been sourced from data provided by Avino, Avino internal reports, Tetra Tech (2013), Slim (2005d), and Gunning (2009). The majority of the information was provided in English, but some information was written in Spanish and subsequently translated into English. | |
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