Avino Samples Up to 13.95 g/t Au, 842 g/t Ag at San Gonzalo
November 09 2010 - 12:32PM
Marketwired Canada
Avino Silver & Gold Mines (Avino) (TSX
VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is pleased to report on
progress from its bulk sampling program at the San Gonzalo mine northeast of
Durango, Mexico.
As Avino reported in its October 13th news release, two raises were driven to
connect the lower level 2 (2260m elevation) with the upper level 1 (2306m
elevation). The assays from initial sampling in the eastern raise have now been
retrieved. Location of these channel samples can be viewed on Avino's website.
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Width Gold Silver Lead Zinc Copper
Line (m) g/t g/t g/t g/t g/t
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1 0.75 1.112 227 4012 1772 930
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2 1.10 3.621 508 7007 4295 657
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3 1.05 2.243 384 4817 718 1263
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4 1.25 6.120 216 2563 1206 2398
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(Includes): 0.80 1.715 222.2 1828 1014 292
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0.45 13.95 203.7 3870 1548 6141
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5 1.15 2.221 380 5712 1330 1689
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(Includes): 0.65 1.899 93.4 182 266 153
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0.50 2.639 752.2 12900 2714 3685
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6 1.25 1.436 260 3921 1925 852
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7 1.30 1.391 727 5667 1305 448
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(includes): 0.75 1.608 728.9 2122 1384 538
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0.55 1.095 724.9 10500 1198 326
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8 1.15 0.670 313 1656 1339 667
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9 1.10 1.413 344 4322 904 1394
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10 1.25 2.078 276 12255 1762 891
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11 1.60 1.077 315 2339 482 815
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12 1.30 3.642 514 5893 698 745
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(includes): 0.60 2.74 672.6 10600 1120 1352
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0.70 4.416 378.5 1859 337 225
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13 1.35 1.698 707 3323 610 372
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14 1.65 1.493 422 4202 896 258
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(includes): 0.60 2.644 242.6 8349 1267 411
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0.50 1.181 842.1 2328 862 214
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0.55 0.52 234.7 1382 522 132
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15 1.10 1.518 588 2304 610 173
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(includes): 0.55 1.895 845.7 3570 914 253
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0.55 1.14 329.9 1037 306 93
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16 1.60 1.122 366 3234 824 334
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17 1.30 4.030 171 10609 633 509
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(includes): 0.65 6.852 98.6 20000 855 845
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0.65 1.207 243.2 1218 410 172
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18 1.25 1.769 224 12334 1161 1091
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Average: 1.25 2.135 389 5313 1197 831
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(The full sampling results can be viewed on Avino's website)
Samples are from channels cut across the San Gonzalo 1 vein. The samples were
assayed by Inspectorate Labs. Samples were crushed and ground in Durango with
pulps assayed in Richmond BC using fire assay and AA finish for gold, four acid
digestion and AA for most silver with fire assay and gravimetric finish for very
high silver, Aqua Regia digestion and ICP for base metals.
Avino's mine staff report that approximately 2000 tonnes of mineralized vein
rock have been broken from stope 2-140 so far, which is calculated to grade
1.9g/t gold and 340 g/t silver.
This compares well with the originally inferred resource (Orequest August 31,
2009 43101 compliant report) which estimated 444,250 tonnes at San Gonzalo
grading 2.61 g/t gold, 322 g/t silver, 1% lead and 1.5% zinc.
Avino's mill has now completed processing the stockpiled copper ore from the
original mining operation on the ET zone and will now undergo a two week
maintenance upgrade prior to starting milling of the San Gonzalo material.
Founded in 1968, Avino has established a long record of mining and exploration
in Mexico. The Company's focus is to bring the property to production. Avino
remains well funded.
For more information on the San Gonzalo project, visit the Company's website at
www.avino.com.
ON BEHALF OF THE BOARD
David Wolfin, President & CEO
This release contains statements that are forward-looking statements and are
subject to various risks and uncertainties concerning the specific factors
disclosed under the heading "Risk Factors" and elsewhere in the Company's
periodic filings with Canadian securities regulators. Such information contained
herein represents management's best judgment as of the date hereof based on
information currently available. The Company does not assume the obligation to
update any forward-looking statement.
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