EX-99.1 2 avino_ex991.htm PRESS RELEASE avino_ex991.htm
 
       
 
T 604.682.3701
F 604.682.3600
Suite 400, 455 Granville Street
Vancouver, BC V6C 1T1
ir@avino.com
www.avino.com
 
 
July 20th 2010, 
TSX-V: ASM
U.S. OTC BB: ASGMF
Berlin & FSE: GV6
 
 
FURTHER DEVELOPMENTS AT SAN GONZALO

Avino Silver and Gold Mines (“Avino”) is pleased to announce results of further underground development at its San Gonzalo project at the Avino property in Durango Mexico.

Avino’s mine contractor DMG have been driving two declines, the upper level 1 (2306 m) elevation and the lower level 2 (2260 m elevation).  Both levels have intersected the San Gonzalo vein, Level 2 has intersected the San Gonzalo vein and a splay vein.  These are known as  San Gonzalo vein 1 and San Gonzalo.  They are shown on a plan map on Avino’s website.

Avino’s previous news release June 4, 2010 gave results of channel sampling on lines 1 through 15 on the initial drifting (Level 2 2260m) along Veta San Gonzalo 1 (24.73 m length 2.15 m average width, 1.27 g/t gold, 341 g/t silver, 5274 ppm lead, 2273 ppm zinc, 442 ppm copper).

This heading was extended to a further 22 m to S.E. along the San Gonzalo 1 vein.  Line 16 was not on the vein but Lines 17 through Line 21 gave assay results across the vein as follows:-

Line
Width
Au
Ag
Pb
Zn
Cu
 
(m)
(g/tonne)
17
1.50
1.874
 886
 5919
 3827
 1070
18
1.90
1.526
 896
 6272
 6091
 1057
19
1.70
1.621
 32
21825
33562
 1340
20
2.20
0.828
 363
 4907
 4367
 754
21
0.75
5.091
 534
12000
10800
 7160
Average:
1.61
1.752
 532
 9651
11438
 1605

Level 2 (2260 m) also explored San Gonzalo Vein (see plan map on Avino website).  This vein is narrower but there are values in both footwall and hanging wall.  Values have therefore been averaged across a minimum mining width of 1.2 metres as shown over a strike length of 28.45 metres.
 
 
 

 

Line
Width
Gold
Silver
Lead
Zinc
Copper
 
(m)
(g/tonne)
1
1.20
0.145
 35
 1302
 5090
 177
2
1.20
1.157
 661
 2862
 3648
 326
3
1.20
0.213
 148
 1845
15460
 461
4
1.20
0.518
 101
 1143
 4174
 756
5
1.20
0.491
 47
 3366
13743
 711
6
1.20
0.351
 45
 917
12538
 1818
7
1.20
1.006
 68
 8741
43950
 939
8
1.20
0.850
 269
 5275
18734
 1336
9
1.20
0.439
 115
 1991
 6155
 7689
10
1.20
0.404
 85
 1864
 7890
 582
11
1.20
0.387
 124
 2975
11495
 842
12
1.20
0.535
 246
 3230
10167
 847
13
1.20
0.185
 38
 786
 8879
 408
14
1.20
0.446
 64
 765
 9339
 533
15
1.20
0.468
 122
 2887
12315
 414
16
1.20
0.681
 149
 3317
15233
 528
17
1.20
0.564
 155
 1498
 8715
 213
18
1.20
0.572
 134
 3220
12250
 200
19
1.20
0.716
 190
 2140
 7143
 162
20
1.20
0.631
 228
 3545
10430
 118
Average
1.20
0.538
 151
 2683
11867
 703
 
The Upper Level 1 (2306 m) has been driven Northwest along the San Gonzalo Vein and has broken in to the old San Gonzalo workings.

The San Gonzalo vein in this location is narrow.  Channel Samples L1 through L14 were collected across the vein along a strike length of 16.88 m.  Over this length the vein averaged 0.73 m wide, 0.562 Gold, 108 Silver, 992 Lead, 2653 Zinc, 487 Copper (all values ppm).

The exploration drift on the Lower Level 2 (2260 m) along the San Gonzalo 1 vein is currently also being advanced to the northwest towards a possible intersection with the San Gonzalo vein.

All samples were assayed at SGS Labs Durango.  The assay method for gold is FAA 313 which is gold by fire assay withAAS finish, For silver, the method is AAS 21E which is a 3 acid digestion followed by AAS finish. For silver assays greater than 300g/t, the FAG 313 is applied which is fire assay followed by a gravimetric finish. ICP 14B is used for lead, zinc and copper. This is an aqua regia digestion followed by ICP-AES finish. For assays greater than 10,000ppm, ICP 90Q is used which is the ore grade version using a sodium peroxide fusion followed by ICP-AES finish.
 
ON BEHALF OF THE BOARD

“David Wolfin”
______________________________
David Wolfin
President
 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s periodic filings with Canadian securities regulators.  Such information contained herein represents management’s best judgment as of the date hereof based on information currently available.  The Company does not assume the obligation to update any forward-looking statement.