Avino Silver & Gold Mines (nyse-mkt:ASM)(nyse-mkt:ASM)(nyse-mkt:Avino or the Company) is pleased to announce the drill results from the remaining eleven holes of the extended 22-hole drill program at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico.
The 22-hole program, comprising approximately 3,374 metres, was extended from the original 18-hole program to fully evaluate the tonnage and the grade of the new area of the Avino Vein System between the San Luis workings and the Elena Tolosa (ET) current production area.
David Wolfin, President & CEO Avino Silver & Gold Mines, said:
We are very pleased with the success of this drill program which began in September, 2016. These remaining results support the continuation of the extensive Avino Vein system, and provide further confidence that should allow us to go underground to develop this area for mining.
We are also encouraged by the notable assays that demonstrate that this is a new gold rich area that has been untouched in the past. Furthermore, we are excited to have commenced drilling on three additional areas of mineralization at the Avino property, where there may be potential to expand the resources.