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Recent History Avino has held the Minto Property since 1985, when the company conducted geological, geochemical and geophysical surveys as well as trenching. A number of targets were identified, and these were investigated with trenching in 1987. Due to low gold prices, subsequent work was limited until 2006-2007. Early History Minto Gold Mines Ltd. mined the property for gold, copper and lead between 1934 and 1940. Historic production was reported as 17,558 ounces of gold (0.20 opt Au recovered grade), 21,327 lbs. of copper and 124,421 lbs. of lead. Recent Diamond Drilling - Significant Gold Grades Diamond drilling in 2006 explored down dip extensions of gold bearing structures originally discovered in trench 827 on the Minto North Zone. Two of the four holes drilled intersected significant gold grades, as follows:
HOLE: MO-06-01
Intersection Au Au Zn
Sample # (Meters) (g/t) oz/t (%)
143452 23.00 - 23.30 (0.30) 5.31 0.155
143455 49.80 - 50.50 (0.70) 4.51 0.132
143456 56.60 - 56.90 (0.30) 7.58 0.221
143457 65.90 - 66.80 (0.90) 7.52 0.219
143458 71.85 - 72.50 (0.65) 2.60 0.076
143459 72.50 - 73.30 (0.80) 1.04 0.030
143460 74.90 - 75.30 (0.40) 1.77 0.052
143461 91.75 - 92.00 (0.25) 45.4 1.324
143462 92.50 - 93.30 (0.80) 3.24 0.094
143463 95.65 - 95.90 (0.25) 1.72 0.050
143465 121.30 - 121.70 (0.40) 3.50 0.102 1.74
143466 124.70 - 125.60 (0.90) 5.36 0.156 1.33
143467 127.00 - 127.50 (0.50) 4.19 0.122
143468 133.27 - 134.27 (1.0) 3.39 0.099
143472 137.2 - 137.55 (0.35) 2.39 0.070
HOLE: MO-06-04
Intersection Au Au
Sample # (Meters) (g/t) oz/t
143480 48.15 - 48.70 (0.55) 2.02 0.059
143482 56.77 - 57.50 (0.73) 5.93 0.173
143486 60.5 - 61.50 (1.00) 1.92 0.056
143487 61.5 - 62.50 (1.00) 9.04 0.264
143489 63.5 - 64.50 (1.00) 1.38 0.040
143491 66.7 - 67.70 (1.00) 2.99 0.087
143492 72.6 - 73.50 (0.90) 1.08 0.031
143495 74.8 - 75.80 (1.00) 9.47 0.276
143496 81.5 - 82.30 (0.80) 2.62 0.076
143499 92.9 - 93.57 (0.67) 9.54 0.278
143500 101.1 - 101.80 (0.70) 1.39 0.041
Samples were collected under supervision of Chris J. Sampson, P. Eng., a qualified person under NI 43-101. Samples were assayed at Eco-Tech Laboratory Ltd., Kamloops, B.C., a certified assayer by fire assay with A.A. finish.
For further details on the 2006 exploration program, see Avino News Releases dated December 15, and December 18, 2006. | | |||||||||
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