Avino Silver & Gold Mines Ltd.(TSX:ASM) announced further drill results from its planned programs on the El Chirumbo area of the Avino vein system, as well as the Guadalupe area near the San Gonzalo mine. Both of these areas are located on the Avino property, situated 80 kilometres northeast of Durango, Mexico. The objective of this drill program, which commenced in August, 2017, was to explore targets outside of the current active mining areas in order to assess their potential.
As quoted in the press release:
Three drill holes from the historical El Chirumbo mining area, located at the east end of the Avino vein. This area is characterized by narrow veins approximately 1 metre in thickness.
These drill results are encouraging as the presence of mineralized material in the Guadalupe Vein has been shown to extend along a strike distance of 800 metres and to a depth of 250 metres from surface. The continuity of the mineralization will need to be verified by infill drilling and the vein is open to depth.
The company is also in the planning stages of a new drill program targeting the Aguila Mexicana vein located approximately 400 metres to the Northeast of the San Gonzalo Mine. The main purpose of this drill program is to explore the potential continuity of mineralization along the vein which was the subject of drilling in 2007/2008.
Aguila Mexicana is a north-northwest trending low temperature vein system, with significant widths and similar continuity across the property as the main Avino vein system. The Avino and Aguila Mexicana veins are considered to be the two strongest and widest structures on the property.
Hole Number
Zone
Intersection (m)
Length (m)
Au (g/t)
Ag (g/t)
Cu (%)
ET-17-30
Avino Vein Stockwork
182.3 – 197.70
15.4
0.20
129
0.64
Including
185.70 – 195.45
9.75
0.25
182
0.64
Foot Wall Breccia-Stockwork
233.7 – 276.45
42.75
0.45
46
0.44
Including
235.8 – 261.5
25.70
0.67
63
0.48
ET-18-01
Avino Vein Fault
32.65 – 48.50
15.85
4.13
20
0.07
Avino Vein Stockwork
59.15 – 83.50
24.35
0.12
27
0.20
Including
76.65 – 83.50
6.85
0.18
37
0.33
Intermediate Breccia
84.0 – 91.35
7.35
0.36
47
0.33
Including
84.0 – 86.0
2.00
0.90
93
0.73
ET-18-02
Avino Vein Stockwork
200.60 – 204.65
4.05
0.06
73
0.31
Avino Vein
206.05 – 211.45
5.40
0.07
18
0.17
Avino Andesite Stockwork
211.45 – 213.65
2.20
0.03
3
0.71
Intermediate Breccia
250.25 – 252.85
2.60
0.31
62
0.16
Footwall Breccia – Stockwork
273.6 – 299.30
25.70
0.11
61
0.63
Including
293.30 – 299.30
6.00
0.09
202
0.64
Hole Number
Zone
Intersection (m)
Length (m)
Au (g/t)
Ag (g/t)
Cu (%)
GPE-17-08
Guadalupe Vein
169.45 – 170.05
0.60
1.38
90
0.76
GPE-17-09
Guadalupe Vein
97.35 – 98.85
1.50
4.79
11
0.05
Including
97.35 – 98.0
0.65
10.53
22
0.11
GPE 17-10
Guadalupe Vein
193.50 – 194.85
1.35
0.03
6
0.05
GPE-18-01
Guadalupe Vein
154.65 – 158.40
3.75
0.32
171
0.10
Including
154.65 – 156.85
2.20
0.44
284
0.10
GPE-18-02
Guadalupe Vein
85.60 – 87.20
1.60
0.23
84
0.28
GPE-18-03
No significant values
GPE-18-04
Guadalupe Vein
78.75 – 83.95
5.20
0.07
26
0.34
GPE-18-05
Guadalupe Vein
127.05 – 130.95
3.90
0.33
129
0.75
GPE-18-06
Quartz Breccia
165.85 – 166.90
1.05
0.11
17
0.16
Including
274.60 – 279.20
4.60
0.02
1.53
0.05
GPE-18-07
Guadalupe Vein
183.0 – 185.55
2.55
0.16
35
0.08
GPE-18-08
Guadalupe Vein
257.30 – 259.55
2.25
0.59
30
0.06
Including
257.3 – 259.05
1.75
0.74
38
0.07
David Wolfin, president and CEO, commented:
We are pleased with the success of the results from the El Chirumbo area and the Guadalupe Vein, which is a longer-term target and provides further confidence to continue exploration. There is untapped potential on the property, and we are eager to plan further exploration and drill programs.
Click here to read the full Avino Silver & Gold Mines Ltd.(TSX:ASM) press release.
The post Avino Reports Drill Results from El Chirumbo and Guadalupe appeared first on Investing News Network.
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