Eine Fördermaschine für Kohle (Symbolbild).
Dienstag, 25.04.2017 14:05 von | Aufrufe: 92

Avino announces further results from its current exploration drill programs (between the San Luis workings and Elena Tolosa workings, and to the west of San Luis) at the Avino Mine

Eine Fördermaschine für Kohle (Symbolbild). pixabay.com

PR Newswire

NYSE-MKT: ASM
TSX-V: ASM
FSE: GV6

VANCOUVER, April 25, 2017 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: TSX.V, ASM; "Avino" or the "Company") is pleased to announce the following results from a further ten holes of its originally planned 18-hole  drill program (3,000 metres) at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico. The results from the first eight holes of the drill program were released on December 21, 2016 and are available on our website at the following link: http://www.avino.com/s/news.asp?ReportID=774072.

The objective of the foregoing drill program which commenced in September, 2016 was to explore the area of the Avino Vein System between the San Luis workings and the Elena Tolosa ("ET") current production area. This new area is close to surface and accessible from the existing Avino Mine underground workings.  The area was identified as a target of interest and may have been overlooked in the past given that on surface and at shallow depths, the Avino Vein system splits into hanging wall and foot wall structures.

The 18-hole drill program was completed with Hole ET-17-11 in mid March, and in order to fully evaluate the tonnage and the grade of the new zone, Avino decided to extend the program with an expected additional 20 drill holes. The drill is currently completing Hole ET-17-17 (the sixth hole of the extended 20-hole program).

In addition to the foregoing drilling  there were five holes (17-01 to 17-05) drilled west of the San Luis workings the results of which are attached in a separate table.

The Avino Vein (Epithermal) has been followed longitudinally for more than 1,300 metres and vertically for more than 600 metres. It strikes north 66° east with an east-west splay, and dips to the south and southeast at 60° to 70°. Steeply dipping, high grade zones within the vein and stock-work zones (See Avino stockwork photos linked here) are frequently found throughout the vein, as well as at its intersections with a number of lateral veins. The new zone is approximately 240 metres of strike length by 130 metres in depth, and an average of 15 metres in thickness.  The Avino vein remains open at depth.

There are two longitudinal section maps linked to this release, 1) showing the full longitudinal section, (to view click here) and 2) a close up of the area of drilling between the San Luis and the Elena Tolosa workings, (to view click here) which will also be available on our website at www.avino.com. The central area workings area is referred to as Elena Tolosa.


ARIVA.DE Börsen-Geflüster

Kurse

"We are very encouraged with the overall results of the initial exploration drill program between the San Luis workings and Elena Tolosa, and due to the success of the program, we are pleased to have extended it.  The results support the continuation of the extensive Avino Vein system, and continue to demonstrate that this is a new gold rich area that has been untouched in the past." 

David Wolfin – President & CEO Avino Silver & Gold Mines Ltd.

Drill intersections are spaced 25 metres apart in order to add greater certainty to the new mineralized block.  This tonnage is included in the inferred category of mineral resources in the most recent resource estimate dated September 26, 2016. Two access levels between San Luis and ET have been channel sampled thus providing more certainty. An evaluation of the zone is being carried out by company engineers and geologists, with the expectation of converting a portion of the inferred resources to the indicated resource category.

The results of the remaining ten holes are as follows:

Hole Number

Zone

Intersection

(m)

Length

(m)

Au (g/t)

Ag

(g/t)

Cu (%)

ET-16-09 Infill

Hanging Wall Breccia Zone

55.55 – 57.1

1.55

2.16

110

0.09


Including

56.25 – 57.1

0.85

3.71

140

0.06


Hanging Wall Breccia Footwall Zone

62.45 – 67.35

4.90

5.36

26

0.07


Including

62.45 – 63.75

1.30

1.95

10

0.02



64.85 -66.17

1.32

7.04

50

0.14



66.17 – 67.35

1.18

11.95

28

0.10


Avino Vein Hanging Wall Zone

165.45- 169.0

3.55

0.50

75

0.18


Avino Vein Intermediate Zone

174.08 – 182.85

8.77

1.17

45

0.21


Including

175.5 – 176.5

1.0

2.99

153

0.21



176.5 – 176.9

0.40

1.58

104

0.69


Avino Vein Footwall Zone)

195.3 – 214.5

19.20

0.39

51

0.38


Including

202.4 – 214.3

11.90

0.45

57

0.54

ET-16-10 Infill

Veins on Hanging Wall

155.70 – 161.45

5.75

1.03

13

0.05


Including

Werbung

Mehr Nachrichten zur Avino Silver & Gold Mines Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News