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Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a Canada-based mining and exploration company. The Company is engaged in the production and sale of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. It operates the Avino Mine, which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino Property covers approximately 1,104 contiguous hectares and is located approximately 80 km north-east of the city of Durango. The Company's mineral claims in Mexico are divided into four groups: Avino mine area property, Gomez Palacio/Ana Maria property, Santiago Papasquiaro property and Unification La Platosa properties. The Company’s La Preciosa consists of over 15 exploration concessions totaling 6,011 hectares located in Durango, Mexico, within the municipalities of Panuco de Coronado and Canatlan. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada.


TSX:ASM - Post by User

Comment by jsnfernleyon Mar 26, 2007 10:59am
460 Views
Post# 12488656

RE: new drilling updates

RE: new drilling updatesI've followed this company for a number of years. The vein they were mining when they shut down had an unusual ore, higher in copper than normal for a silver mine. Silver grades were somewhat low. These higher grade intercepts within the property are starting to look like there were possible multiple mineralizing events in the immediate area. The 990g/t could easily be an abnormally high concentration (nugget or coarse nugget effect, common in higher grade gold), but the steady stream of results with higher than normal historic grades is looking good. Let's hope it continues.
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