EX-99.1 2 ex99_1.htm PRESS RELEASE ex99_1.htm
Avino Silver & Gold Mines Ltd.
Suite 400 – 455 Granville Street
Vancouver, BC   V6C  1T1
Ph: (604) 682-3701
Fax: (604) 682-3600
 www.avino.com, ir@avino.com
 
July 27, 2007
 TSX - V Trading symbol: ASM
  U.S. OTC BB symbol: ASGMF
 FSE: GV6

Avino Intersects 3623.2 g/t Silver, 3.84 g/t Gold at San Gonzalo

Avino Silver & Gold Mines Ltd. (the “Company”) is continuing its drilling program on the San Gonzalo Zone on its large Avino Property located 80km north-east of Durango, Mexico.

Highlights of the program include hole SG-07-14 at San Gonzalo which intersected 1.0 metre of 3,623 grams per tonne silver (105.67 ounces per ton), 2.93% lead and 4.83% zinc.  The San Gonzalo Vein has been traced for 800 metres on the surface.

Previous holes at San Gonzalo have already been released:  SG-07-01 through SG-07-08 – March 12th, 26th , April 13th and June 11, 2007.  Holes SG-07-12, 13 – July 3rd, 2007.

Avino is now pleased to release results of holes SG-07-09, 10, 11 and Holes SG-07014, 15.  The San Gonzalo Zone is located 2 km north-east of Avino’s former producing mine (1976 – 2001) and 1,000 tpd mill.

The location of the drill holes can be viewed on the company’s website in both plan and section Holes SG-07-09, 10, 11 and 14 were all within the main San Gonzalo ore shoot.  Hole SG-07-15 intersected reasonable grade mineralization but the vein has narrowed in this location.

Principal intersections of the 5 holes are summarized as follows:  (all lengths are down hole, i.e. core length intersections).

Hole SG-07-09 (Bearing 037, Dip, 45, Length 106.60m) 99.75 – 102.95 (3.20m) 0.88 g/t Gold, 144 g/t Silver, 22,712 ppm Lead, 6540 ppm Zinc includes:

From
To
Metres
Au g/t
Ag g/t
Cu ppm
Pb ppm
Zn ppm
99.75
100.55
0.80
1.020
147.1
80
522
1189
100.55
101.35
0.80
0.620
78.9
290
1300
1685
101.35
102.25
0.90
0.060
2.2
164
835
2108
102.25
102.95
0.70
2.051
397.9
4492
100700
23900

Hole SG-07-10 (Bearing 046, Dip 58, Length 162.90)  154.30 – 158.05m (3.75m) 2.74 g/t gold, 452 g/t silver includes:

From
To
Metres
Au g/t
Ag g/t
Cu ppm
Pb ppm
Zn ppm
154.30
154.65
0.35
5.143
992.3
756
2793
5026
154.65
155.25
0.60
0.381
27.5
102
657
923
155.25
155.90
0.65
0.667
130.2
154
729
1010
155.90
156.80
0.90
2.914
291.8
190
797
1757
156.80
157.55
0.75
4.183
926.8
1015
2995
3153
157.55
158.05
0.50
4.114
575.9
671
1486
1947

Hole SG-07-11 (Bearing 012, Dip 49, Length 158.60m) 146.75 – 150.0m (3.25m) 1.11 g/t Gold, 92 g/t Silver includes:
 
 
 
 

 
From
To
Metres
Au g/t
Ag g/t
Cu ppm
Pb ppm
Zn ppm
146.75
147.45
0.70
0.676
40
1488
13100
14200
147.45
148.15
0.70
0.210
21
379
5831
12900
148.15
149.15
1.00
1.860
66.6
61
439
1206
149.15
150.00
0.85
1.331
222.4
451
3627
6933

Hole SG-07-14 (Bearing 053, Dip 52, Length 295.20m) 287.60 – 293.0m (5.40 m) 1.52 g/t gold, 774 g/t silver, 6,447 ppm lead, 11,229 ppm zinc.

From
To
Metres
Au g/t
Ag g/t
Cu ppm
Pb ppm
Zn ppm
287.60
288.50
0.90
2.356
179.1
727
1267
2755
288.50
289.05
0.55
0.427
55.3
188
381
1440
289.05
289.85
0.80
1594
107.8
710
1386
4558
289.85
290.85
1.00
3.840
3623.2
2727
29300
48300
290.85
291.85
1.00
0.478
202.6
236
1796
3579
291.85
293.00
1.15
0.215
64.9
125
1096
1600

Hole SG-07-15 (Bearing 215, Dip 49, Length 96.20m)

From
To
Metres
Au g/t
Ag g/t
Cu ppm
Pb ppm
Zn ppm
32.25
33.20
0.95
0.063
20.8
67
93
4727
33.20
33.90
0.70
0.045
6.3
35
23
662
63.50
63.90
0.40
0.743
>200
104
2725
2998

Sample lengths of NQ drill core were diamond sawed into halves by mine staff and shipped to Inspectorate Labs in Durango, Mexico, for preparation into pulps and rejects.  Pulps were analyzed at Inspectorate Labs in Sparks, Nevada.  Gold and silver were analyzed by fire assay using Aqua Regia Leach and AA finish.  Other elements are reported from a 29 element I.C.P. package.

Avino is continuing its drilling on the San Gonzalo vein system in order to establish a drill indicated resource for the deposit.

Avino will mobilize a second diamond drill from its contractor Tecmin within the next week.  This second machine will explore the remaining ore in the ET part of the main Avino vein system below level 11 ½ where mining ceased in November 2001 (due to low metal prices).

This report was prepared by Chris J. Sampson, P. Eng., a qualified person under NI 43-101.

Avino Silver & Gold Mines Ltd., founded in 1968, 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.