Announcement Date: 2023-05-23
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Avino Silver & Gold Mines Ltd.
Project name: Avino
Location: Mexico
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 51.25m at 0.08g/t Au, 45g/t Ag, 0.55% Cu from 435.70m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE, “Avino” or “the Company”) releases the results of ten drill holes from below Level 17, the current deepest workings of the mine. The current drill campaign has extended our knowledge of the continuity of the Avino Vein to a distance of 500 meters downdip of the lowest mining level. The exploration program is designed to test the continuity and to improve our understanding of the potential for deeper mineralization. The extent of the Avino Vein has been established to be at least 1,100 metres downdip from surface outcrop. Additionally, a previously undiscovered breccia vein was intersected approximately 15 to 30 metres below the Avino Vein in the footwall intrusive rocks. This unit has revealed three good intercepts (labelled INT-BX in Table 1) including a 35 cm intercept in ET-23-05 yielding 1,165 AgEq g/t. These intercepts warrant further follow-up to see if it can be correlated with historic intercepts in the footwall of the Avino Vein to determine potential continuity.
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