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Project: | Avino | |
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Deposit: | Chirumbo, Guadelupe, San Juventino | |
Location: | Mexico | |
Commodities: | Gold-Silver-Copper | |
Date: | 2/6/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 6-2-2018: Avino Silver & Gold Mines Ltd. announces an Exploration/Drilling Update report for its Chirumbo, Guadelupe, San Juventino deposit at the Avino project. Drilling results incl. 5.5m @ 5.18g/t Au, 6.73g/t Ag, 0.12% Cu from 108.15m. Avino Silver & G | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Michael O'Brien, Jasman Yee (Internal) | |
ABSTRACT: | Avino Silver & Gold Mines Ltd. (ASM:TSX/NYSE American, GV6: FSE, “Avino” or “the Company”) is pleased to announce the following results from nineteen holes of its planned drill programs on the Chirumbo, Guadelupe, and San Juventino areas at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico. The objective of this drill program was to explore these three targets which were outside of the active mining areas to assess their potential. “We are very pleased with the drill results from the Chirumbo area to the east of the Elena Tolosa mine as they show grade continuity and further extension of the main Avino vein to the northeast. The results from Guadalupe and San Juventino demonstrate additional mineralization between the current mining areas at Elena Tolosa and the San Gonzalo mines. These are longer-term targets that warrant further investigation and drilling.” David Wolfin, President and Chief Executive Officer The first area is in the historical El Chirumbo mining area, which is located at the east end of the Avino vein, and will consist of 10 holes for a planned total of 2,000 metres of NQ drilling, (seven of the ten holes have been drilled). This area was partially mined prior to 1940 and is characterized by gold-rich mineralization in narrow vein (1 metre in width) and the Company believes there is potential to extend the mineralization. | |
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