 |
| |
| | Mon Nov 24, 2008
Avino San Gonzalo Drilling Intersects 758 Gpt Ag, 3.22 Gpt Au Over 0.85 Meters
|
| | Avino Silver & Gold Mines Ltd. (the "Company") is pleased to announce results from drilling programs at its San Gonzalo Deposit and ET Zone (Main Avino Vein) on the Avino property north east of Durango, Mexico.
At San Gonzalo results of the first 2008 diamond drill holes, SG-08-01 and02 were released September 17, 2008. The Company is now pleased to release results of the remaining four holes drilled at San Gonzalo this year. Hole locations are shown on Avino's website www.avino.com.
(All lengths are down hole distances.)
Hole SG-08-03 intersected San Gonzalo vein 322.20-325.7m (3.7m) 0.41 g/t gold 119 g/t silver which includes 322.00-323.70 m (1.7m) 0.2 g/t gold 74.7 g/t silver and 323.70 -- 325.7m (2.0m)
0.58 g/t gold 156 g/t silver.
Detailed intersections:
From |
To |
Length |
Description |
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
321.40 |
322.00 |
0.60 |
|
0.016 |
1.6 |
33 |
126 |
423 |
322.00 |
322.85 |
0.65 |
Andesite volcanic with quartz veins |
0.215 |
74.1 |
409 |
11500 |
2725 |
322.85 |
323.70 |
0.85 |
|
0.195 |
75.2 |
389 |
2665 |
3405 |
323.70 |
324.10 |
0.40 |
|
0.109 |
221.0 |
3668 |
65000 |
3569 |
324.10 |
324.90 |
0.80 |
|
0.925 |
55.0 |
264 |
6449 |
3610 |
324.90 |
325.70 |
0.80 |
San Gonzalo vein with quartz breccia |
0.457 |
223.5 |
729 |
15500 |
4012 |
325.70 |
327.00 |
1.30 |
|
0.288 |
31.8 |
483 |
2241 |
2408 |
Hole SG-08-04 intersected San Gonzalo vein 261.25-264.6m (3.35m) 0.5 g/t gold 59 g/t silver.
Detailed intersections as follows:
From |
To |
Length |
Description |
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
261.25 |
261.75 |
0.50 |
|
0.802 |
81.0 |
145 |
754 |
1251 |
261.75 |
262.75 |
1.00 |
|
0.331 |
61.4 |
234 |
1014 |
2002 |
262.75 |
263.15 |
0.40 |
San Gonzalo Vein |
0.040 |
11.2 |
39 |
109 |
353 |
263.15 |
263.70 |
0.55 |
|
0.990 |
85.0 |
119 |
396 |
794 |
263.70 |
264.60 |
0.90 |
|
0.424 |
49.7 |
208 |
440 |
702 |
Hole SG-08-05 did not intersect the San Gonzalo vein but hit a breccia zone which may be part of the vein system. Values were low:
From |
To |
Length |
Description |
g/t |
|
ppm |
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
437.75 |
438.50 |
0.75 |
|
0.030 |
0.1 |
5 |
33 |
32 |
438.50 |
438.90 |
0.40 |
Breccia Zone |
<0.005 |
<0.1 |
6 |
22 |
76 |
438.90 |
439.55 |
0.65 |
|
0.015 |
<0.1 |
7 |
18 |
65 |
439.55 |
440.35 |
0.80 |
|
0.010 |
<0.1 |
8 |
14 |
30 |
Hole SG-08-06 intersected San Gonzalo 214.05 -- 219.70m (5.65m) 0.88 g/t gold, 235 g/t silver.
Details as follows:
From |
To |
Length |
Description |
|
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
|
Ag |
Cu |
Pb |
Zn |
214.05 |
214.85 |
0.80 |
|
0.729 |
|
204.0 |
2944 |
21400 |
17600 |
214.85 |
215.95 |
1.10 |
San Gonzalo vein with Sulphide |
0.523 |
|
95.0 |
1189 |
5264 |
6417 |
215.95 |
216.80 |
0.65 |
Minerals |
0.335 |
|
47.5 |
398 |
1486 |
2918 |
216.80 |
218.00 |
1.20 |
|
0.360 |
|
87.3 |
1960 |
5342 |
7772 |
218.00 |
218.85 |
0.85 |
|
3.228 |
|
758.9 |
3731 |
18500 |
19000 |
218.85 |
219.70 |
0.85 |
|
0.402 |
|
316.1 |
7094 |
17500 |
14800 |
Avino also drilled eight core holes totalling 2,183m on the ET (Elena-Tolosa) Zone on the main Avino vein in 2008, below the area where the Company ceased production in November 2001 due to low metal prices.
The eight holes in 2008 were mostly positioned in order to define the western and eastern edges of the ET ore shoot, locations are shown in plan and section on the Company's web site.
Hole ET-08-01 drilled on the eastern side of the ET shoot below level 9. The hole intersected the Avino vein but gold and silver values are low.
Avino vein 196.90 -- 213.40m (16.5m).
Details:
Hole ET-08-02 drilled on west side of ET shoot 50 m west of workings on level 10.
From |
To |
Length |
Description |
g/t |
|
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
196.90 |
198.40 |
1.50 |
|
0.322 |
3.6 |
259 |
149 |
719 |
198.40 |
199.90 |
1.50 |
|
0.020 |
7.8 |
97 |
68 |
554 |
199.90 |
201.40 |
1.50 |
|
0.054 |
5.2 |
331 |
180 |
665 |
201.40 |
202.90 |
1.50 |
|
<0.005 |
2.4 |
306 |
45 |
2079 |
202.90 |
204.40 |
1.50 |
Avino Vein |
0.090 |
1.6 |
271 |
54 |
5950 |
204.40 |
205.90 |
1.50 |
|
0.005 |
0.6 |
456 |
25 |
2784 |
205.90 |
207.40 |
1.50 |
|
<0.005 |
0.8 |
168 |
16 |
4381 |
207.40 |
208.90 |
1.50 |
|
<0.005 |
0.8 |
229 |
18 |
2361 |
208.90 |
210.40 |
1.50 |
|
0.040 |
1.3 |
178 |
34 |
3494 |
210.40 |
211.90 |
1.50 |
|
0.015 |
0.3 |
320 |
23 |
2502 |
211.90 |
213.40 |
1.50 |
|
0.005 |
3.0 |
621 |
29 |
3957 |
The hole intersected gold values in the hanging wall of the main Avino vein, 189.75 -- 194.25m (4.50m) 2.66 g/t gold 19.7 g/t silver. The overall vein was intersected 189.75 -- 213.50m (23.75m).
Detailed values as follows:
From |
To |
Length |
Description |
g/t |
|
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
189.75 |
191.25 |
1.50 |
|
2.635 |
19.4 |
692 |
724 |
817 |
191.25 |
192.75 |
1.50 |
|
3.225 |
12.0 |
113 |
95 |
612 |
192.75 |
194.25 |
1.50 |
|
2.080 |
27.7 |
224 |
125 |
595 |
194.25 |
195.75 |
1.50 |
|
<0.005 |
40.5 |
1734 |
454 |
847 |
195.75 |
197.25 |
1.50 |
Avino Vein |
<0.005 |
3.4 |
28 |
184 |
1074 |
197.25 |
198.75 |
1.50 |
|
<0.005 |
4.0 |
42 |
168 |
690 |
198.75 |
200.25 |
1.50 |
|
<0.005 |
4.9 |
201 |
352 |
1042 |
200.25 |
201.75 |
1.50 |
|
<0.005 |
10.6 |
276 |
162 |
670 |
201.75 |
203.25 |
1.50 |
|
0.035 |
20.3 |
68 |
320 |
1091 |
203.25 |
204.75 |
1.50 |
|
<0.005 |
12.7 |
228 |
413 |
871 |
204.75 |
206.25 |
1.50 |
|
<0.005 |
32.2 |
751 |
317 |
530 |
206.25 |
207.75 |
1.50 |
|
<0.005 |
8.5 |
1200 |
83 |
410 |
207.75 |
209.25 |
1.50 |
|
<0.005 |
10.3 |
957 |
134 |
660 |
209.25 |
210.75 |
1.50 |
|
<0.005 |
25.5 |
1180 |
185 |
522 |
210.75 |
212.25 |
1.50 |
|
<0.005 |
22.9 |
2220 |
423 |
3806 |
212.25 |
213.50 |
1.25 |
|
<0.005 |
36.9 |
400 |
473 |
2021 |
Hole ET-08-03 Also drilled on the west side of ET workings approximately 50m beyond end of level 11 ½. Intersected a mineralized breccia in the hanging wall rock 80.40 -- 84.50m (4.1m) 3.82 g/t gold, 103 g/t silver. The main vein was intersected 214.55 -- 257.85m (43.3m) 0.52 g/t gold, 43 g/t silver.
Detailed intersections as follows:
Hole ET-08-04 Hit the Avino vein 75m below the lowest working level 12 of the mine, it intersected the Avino vein from 321.00 -341.10m (20.1m) which includes 327.00 -- 330.00m 3m
From |
To |
Length |
Description |
|
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
|
Ag |
Cu |
Pb |
Zn |
79.75 |
80.40 |
0.65 |
Breccia Zone |
0.020 |
|
14.7 |
409 |
40 |
2080 |
80.40 |
81.90 |
1.50 |
|
1.396 |
|
48.0 |
2641 |
148 |
435 |
81.90 |
83.20 |
1.30 |
|
6.720 |
|
174.4 |
2456 |
327 |
21 |
83.20 |
84.50 |
1.30 |
|
3.703 |
|
96.4 |
1815 |
818 |
94 |
214.55 |
216.05 |
1.50 |
|
0.135 |
|
21.2 |
315 |
241 |
217 |
216.05 |
217.55 |
1.50 |
|
0.109 |
|
40.6 |
257 |
618 |
318 |
217.55 |
219.05 |
1.50 |
|
3.017 |
|
113.2 |
5264 |
177 |
123 |
219.05 |
220.55 |
1.50 |
|
0.096 |
|
7.9 |
1528 |
298 |
330 |
220.55 |
222.05 |
1.50 |
|
0.025 |
|
8.8 |
405 |
253 |
275 |
222.05 |
223.66 |
1.50 |
|
0.128 |
|
11.9 |
520 |
687 |
391 |
223.56 |
225.05 |
1.50 |
Main Avino Vein |
0.049 |
|
9.6 |
1592 |
5318 |
570 |
225.05 |
226.55 |
1.50 |
|
0.105 |
|
8.4 |
631 |
331 |
750 |
226.55 |
228.05 |
1.50 |
|
0.084 |
|
21.1 |
432 |
167 |
487 |
226.05 |
229.55 |
1.50 |
|
0.100 |
|
21.7 |
517 |
1910 |
584 |
229.55 |
231.05 |
1.50 |
|
0.723 |
|
82.3 |
484 |
4282 |
3006 |
231.05 |
232.55 |
1.50 |
|
1.310 |
|
94.9 |
3753 |
565 |
674 |
From |
To |
Length |
Description |
|
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
|
Ag |
Cu |
Pb |
Zn |
232.55 |
234.05 |
1.50 |
|
1.890 |
|
58.4 |
574 |
474 |
619 |
234.05 |
235.55 |
1.50 |
|
1.658 |
|
69.1 |
1117 |
412 |
687 |
235.55 |
237.05 |
1.50 |
|
2.756 |
|
53.0 |
2590 |
396 |
711 |
237.05 |
238.55 |
1.50 |
|
1.065 |
|
28.7 |
1816 |
280 |
410 |
238.55 |
240.05 |
1.50 |
|
0.219 |
|
66.5 |
1263 |
916 |
416 |
240.05 |
241.55 |
1.50 |
|
0.185 |
|
45.3 |
369 |
191 |
424 |
241.55 |
243.05 |
1.50 |
|
0.167 |
|
42.0 |
1220 |
482 |
438 |
243.05 |
244.55 |
1.50 |
|
0.382 |
|
48.1 |
8097 |
525 |
2111 |
244.55 |
246.05 |
1.50 |
Main Avino Vein |
0.648 |
|
60.7 |
1638 |
766 |
716 |
246.05 |
247.55 |
1.50 |
|
0.506 |
|
49.7 |
1311 |
549 |
415 |
247.55 |
249.05 |
1.50 |
|
0.125 |
|
39.7 |
1343 |
911 |
475 |
249.05 |
250.55 |
1.50 |
|
0.160 |
|
78.1 |
3430 |
790 |
737 |
250.55 |
252.05 |
1.50 |
|
0.135 |
|
92.9 |
3617 |
551 |
506 |
252.05 |
253.55 |
1.50 |
|
0.130 |
|
44.4 |
5739 |
351 |
603 |
253.55 |
255.05 |
1.50 |
|
0.070 |
|
42.6 |
3395 |
796 |
357 |
255.05 |
256.55 |
1.50 |
|
0.045 |
|
30.0 |
2971 |
365 |
374 |
256.55 |
257.85 |
1.30 |
|
0.025 |
|
31.4 |
5772 |
1510 |
686 |
1.17 g/t gold, 133 g/t silver.
337.50 -- 341.10m (3.6m) 0.04 g/t gold, 128 g/t silver and 327.00 -- 341.10m (14.1m) 81 g/t silver, 0.726 copper.
Detailed intersections:
From |
To |
Length |
Description |
|
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
|
Ag |
Cu |
Pb |
Zn |
321.00 |
322.50 |
1.50 |
|
0.501 |
|
34.2 |
2378 |
264 |
426 |
322.50 |
324.00 |
1.50 |
|
1.146 |
|
71.0 |
3147 |
421 |
496 |
324.00 |
325.50 |
1.50 |
|
0.904 |
|
55.2 |
4652 |
230 |
288 |
325.50 |
327.00 |
1.50 |
|
0.262 |
|
54.9 |
1395 |
230 |
236 |
327.00 |
328.50 |
1.50 |
|
2.174 |
|
165.0 |
8408 |
509 |
286 |
328.50 |
330.00 |
1.50 |
|
0.173 |
|
101.9 |
7194 |
8582 |
3727 |
330.00 |
331.50 |
1.50 |
|
0.053 |
|
56.0 |
4926 |
5923 |
18300 |
331.50 |
333.00 |
1.50 |
Main Avino Vein |
0.095 |
|
54.9 |
4081 |
2559 |
561 |
333.00 |
334.50 |
1.50 |
|
0.080 |
|
23.1 |
1089 |
1199 |
301 |
334.50 |
336.00 |
1.50 |
|
0.052 |
|
56.6 |
11000 |
536 |
597 |
336.00 |
337.50 |
1.50 |
|
0.030 |
|
49.7 |
10900 |
170 |
618 |
337.50 |
339.00 |
1.50 |
|
0.032 |
|
156.6 |
14700 |
395 |
853 |
339.00 |
340.00 |
1.00 |
|
0.025 |
|
48.4 |
6149 |
174 |
595 |
340.00 |
341.10 |
1.10 |
|
0.064 |
|
161.8 |
8252 |
2170 |
1765 |
Hole ET-08-05 Drilled approximately 80m east of hole ET-08-04 intersected the Avino vein 293.35 -- 302.70 (9.35m). It is well off the ET shoot and did not intersect significant gold or silver values but copper values are of interest:
From |
To |
Length |
Description |
|
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
|
Ag |
Cu |
Pb |
Zn |
290.95 |
292.30 |
1.35 |
|
0.172 |
|
16.7 |
533 |
3964 |
643 |
292.30 |
293.35 |
1.05 |
|
0.096 |
|
0.5 |
581 |
5078 |
2842 |
293.35 |
294.85 |
1.50 |
|
0.379 |
|
30.8 |
2116 |
8000 |
559 |
294.85 |
296.35 |
1.50 |
|
0.050 |
|
12.3 |
2654 |
7063 |
582 |
296.35 |
297.60 |
1.25 |
Main Avino Vein |
0.568 |
|
67.3 |
3564 |
3688 |
164 |
297.60 |
299.10 |
1.50 |
|
0.062 |
|
42.4 |
5360 |
1771 |
688 |
299.10 |
300.60 |
1.50 |
|
0.020 |
|
31.8 |
14900 |
896 |
3473 |
300.60 |
301.70 |
1.10 |
|
0.060 |
|
34.4 |
11300 |
282 |
1743 |
301.70 |
302.70 |
1.00 |
|
0.130 |
|
44.2 |
10000 |
469 |
1265 |
Hole ET-08-06 Intersects the Avino vein 60m east of final working face on level 11 ½. The Avino vein is wide: 237.60 -- 288.70m (51.10m) but gold and silver values are low although some high copper grades were intersected on the foot wall side of the vein:
From |
To |
Length |
Description |
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
237.60 |
238.25 |
0.65 |
|
0.140 |
74.2 |
3526 |
7260 |
909 |
238.25 |
239.75 |
1.50 |
|
0.065 |
22.4 |
2260 |
344 |
383 |
239.75 |
241.25 |
1.50 |
|
0.020 |
8.7 |
883 |
43 |
528 |
241.25 |
242.75 |
1.50 |
|
0.115 |
10.1 |
2249 |
374 |
1981 |
242.75 |
244.25 |
1.50 |
|
0.045 |
8.7 |
2641 |
40 |
631 |
244.25 |
245.75 |
1.50 |
|
0.105 |
14.4 |
3472 |
87 |
651 |
245.75 |
247.25 |
1.50 |
|
0.072 |
17.1 |
4780 |
41 |
876 |
247.25 |
248.75 |
1.50 |
|
0.053 |
20.5 |
6107 |
100 |
950 |
248.75 |
250.25 |
1.50 |
|
0.100 |
11.0 |
4619 |
191 |
1044 |
250.25 |
251.75 |
1.50 |
|
0.120 |
10.4 |
4869 |
282 |
784 |
251.75 |
253.25 |
1.50 |
|
0.035 |
4.0 |
1261 |
45 |
662 |
253.25 |
254.75 |
1.50 |
|
0.163 |
14.9 |
2553 |
78 |
835 |
254.75 |
256.25 |
1.50 |
|
0.045 |
25.4 |
6483 |
95 |
734 |
256.25 |
257.75 |
1.50 |
|
0.015 |
12.0 |
5544 |
40 |
871 |
257.75 |
259.25 |
1.50 |
|
0.025 |
39.8 |
5758 |
217 |
521 |
259.25 |
260.75 |
1.50 |
|
0.025 |
20.6 |
6136 |
89 |
465 |
260.75 |
262.25 |
1.50 |
Main Avino Vein |
0.015 |
10.5 |
3202 |
74 |
327 |
262.25 |
263.75 |
1.50 |
|
0.059 |
24.0 |
3670 |
105 |
533 |
263.75 |
265.25 |
1.50 |
|
0.049 |
28.7 |
3252 |
183 |
718 |
265.25 |
266.75 |
1.50 |
|
0.053 |
14.2 |
6129 |
112 |
584 |
266.75 |
268.25 |
1.50 |
|
0.156 |
47.3 |
7192 |
217 |
399 |
268.25 |
269.75 |
1.50 |
|
0.102 |
19.8 |
3342 |
125 |
326 |
269.75 |
271.25 |
1.50 |
|
0.030 |
9.1 |
4101 |
38 |
414 |
271.25 |
272.75 |
1.50 |
|
0.010 |
9.3 |
2611 |
94 |
455 |
272.75 |
274.25 |
1.50 |
|
0.020 |
7.9 |
3355 |
41 |
391 |
274.25 |
275.75 |
1.50 |
|
0.020 |
16.5 |
4405 |
58 |
496 |
275.75 |
277.25 |
1.50 |
|
0.076 |
82.7 |
4570 |
422 |
979 |
277.25 |
278.75 |
1.50 |
|
0.084 |
58.4 |
5545 |
956 |
593 |
278.75 |
280.25 |
1.50 |
|
0.010 |
16.6 |
5749 |
74 |
659 |
280.25 |
281.75 |
1.50 |
|
0.020 |
18.7 |
4592 |
68 |
575 |
281.75 |
283.25 |
1.50 |
|
0.015 |
16.1 |
4219 |
74 |
651 |
283.25 |
284.75 |
1.50 |
|
0.038 |
23.6 |
3526 |
7260 |
909 |
284.75 |
286.25 |
1.50 |
Main Avino Vein |
<0.005 |
6.7 |
2841 |
22 |
1225 |
286.25 |
287.75 |
1.50 |
|
0.092 |
49.4 |
25700 |
44 |
2712 |
287.75 |
288.70 |
0.95 |
|
0.105 |
62.5 |
27200 |
57 |
2669 |
Hole ET-08-07 Drilled 150m east of ET-08-04 it did not intersect the Avino vein.
Hole ET-08-08 Drilled approximately 100m east of the ET-08-01 it intersected the main Avino vein 192.95 -- 203.25m (10.3m) but gold and silver values were generally low:
From |
To |
Length |
Description |
g/t |
|
ppm |
|
(m) |
(m) |
(m) |
|
Au |
Ag |
Cu |
Pb |
Zn |
192.95 |
194.45 |
1.50 |
|
1.456 |
4.6 |
318 |
57 |
508 |
194.45 |
195.95 |
1.50 |
|
0.431 |
4.4 |
329 |
256 |
502 |
195.95 |
197.10 |
1.15 |
|
0.325 |
13.5 |
1523 |
2446 |
3813 |
197.10 |
198.60 |
1.50 |
|
0.100 |
2.5 |
133 |
355 |
1688 |
198.60 |
199.70 |
1.10 |
Main Avino Vein |
0.048 |
4.4 |
101 |
36 |
1206 |
199.70 |
200.80 |
1.10 |
|
0.046 |
5.7 |
69 |
72 |
896 |
200.80 |
201.75 |
0.95 |
|
0.203 |
27.2 |
120 |
301 |
627 |
201.75 |
203.25 |
1.50 |
|
0.030 |
6.5 |
431 |
43 |
1048 |
This news release was prepared by Chris J. Sampson, P. Eng., a qualified person under NI 43-101.
Founded in 1968, Avino has established a long record of mining and exploration. The Company's focus is the acquisition and aggressive exploration of top silver prospects throughout North America. Avino remains well funded.
ON BEHALF OF THE BOARD
"David Wolfin"
David Wolfin President
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release. |
| |
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