Avino Samples Up to 13.95 g/t Au, 842 g/t Ag at San Gonzalo
Avino Silver and Gold Mines continuous to bring us good news. We bought Avino in July 2009 at $US0,63 using today’s intra-day high of US$2,08 this means a 230,1% gain.
Avino Press Release:
Avino Silver and Gold Mines (Avino) 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 received. Location of these channel samples can be viewed on Avino’s website
Line Width(m) AU AG Lead Zinc Copper (g/T) (g/t) (g/t) (g/t) (g/t) 1 0.75 1.112 227 4012 1772 930 2 1.10 3.621 508 7007 4295 657 3 1.05 2.243 384 4817 718 1263 4 1.25 6.120 216 2563 1206 2398 (Inc.): 0.80 1.715 222.2 1828 1014 292 0.45 13.95 203.7 3870 1548 6141 5 1.15 2.221 380 5712 1330 1689 (Inc.): 0.65 1.899 93.4 182 266 153 0.50 2.639 752.2 12900 2714 3685 6 1.25 1.436 260 3921 1925 852 7 1.30 1.391 727 5667 1305 448 (inc.): 0.75 1.608 728.9 2122 1384 538 0.55 1.095 724.9 10500 1198 326 8 1.15 0.670 313 1656 1339 667 9 1.10 1.413 344 4322 904 1394 10 1.25 2.078 276 12255 1762 891 11 1.60 1.077 315 2339 482 815 12 1.30 3.642 514 5893 698 745 (inc.): 0.60 2.74 672.6 10600 1120 1352 0.70 4.416 378.5 1859 337 225 13 1.35 1.698 707 3323 610 372 14 1.65 1.493 422 4202 896 258 (inc.): 0.60 2.644 242.6 8349 1267 411 0.50 1.181 842.1 2328 862 214 0.55 0.52 234.7 1382 522 132 15 1.10 1.518 588 2304 610 173 (inc.): 0.55 1.895 845.7 3570 914 253 0.55 1.14 329.9 1037 306 93 16 1.60 1.122 366 3234 824 334 17 1.30 4.030 171 10609 633 509 (inc.): 0.65 6.852 98.6 20000 855 845 0.65 1.207 243.2 1218 410 172 18 1.25 1.769 224 12334 1161 1091 Avg: 1.25 2.135 389 5313 1197 831
(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”
______________________________
David Wolfin
President & CEO