Business
Continuing Exceptional Drill Results for Avino Silver & Gold Mines
VANCOUVER, BC / ACCESSWIRE / September 14, 2023 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6) ("Avino" or "the Company") releases the
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / September 14, 2023 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6) (\"Avino\" or \"the Company\") releases the results of four drill holes from below Level 17, the current deepest workings at the Elena Tolosa (\"ET\") Area of the Avino system. In July of this year, the Company reported the best drill intercept in the Company's history with a step-out drill hole in the same area. These latest deep step-out holes test the SW extent of the robust Avino vein and one infill hole was drilled to confirm local continuity. The current drilling follows the continuity of the steeply dipping mineralization and aids in understanding the deep source of the mineralization. Avino has enlisted a number of world-renowned consulting geologists to contribute to the geological understanding of the mineralization characteristics. The known depth extent to date of at least 750 metres of mineralization is significant and is unusual in comparison with most Mexican epithermal deposits. Selected Intercept Highlights: Hole ET 23-13: 0.70 % Cu, 31 Ag g/t and 0.21 Au g/t over 44.40 metres true width including 1.10 % Cu, 42 Ag g/t and 0.58 Au g/t over 9.85 metres true width Hole ET 23-10: 0.39 % Cu, 36 Ag g/t and 0.07 Au g/t over 27.15 metres true width including 0.47 % Cu, 59 Ag g/t g and 0.09 Au g/t over 13.2 metres true width Details are shown in the table and images below. \"We are excited to report that we hit substantial widths at grades well above our current cutoff grade on all four drill holes as we look to define the mineralization limits at depth,\" said David Wolfin, President and CEO. \"In addition, we have continued to define the hanging wall breccia which is an offshoot of the main Avino Vein that originates from surface. The access to this breccia is relatively easy through existing development works and we are currently evaluating a mine plan to incorporate these resources into our near to medium term plans. We were also surprised with an intersection of a stock work vein close to surface which indicates the complex and distributed nature of the stockwork system that accompanies the thick, main Avino vein. We will take these results and incorporate them into the next phase of our exploration plans.\" Avino is developing a geological model based on a \"near porphyry\" environment becau...