113 MILLION SILVER EQUIVALENT OUNCES VANCOUVER, BC, Dec. 21, 2021 /CNW/ - Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6), "Avino" or "the Company") is pleased to announce the filing of the mineral resource estimate (the "Report") addressed to the Company on the La Preciosa project located near Durango in west-central Mexico (the "La Preciosa Property"), which the Company is proposing to acquire. The report was prepared by Tetra Tech Inc. under National Instrument 43-101 ("NI-43-101"), and is now available on SEDAR (www.sedar.com) under Avino's profile and filed on Form 6-K with the SEC.
Highlights
Indicated Mineral Resources (at 120 AgEq g/t cutoff):
- 113 million silver equivalent oz
- 17.4 million tonnes
- Average silver equivalent grade of 202 AgEq g/t
- Average silver grade of 176 Ag g/t
- Average gold grade of 0.34 Au g/t
- 99 million ozs contained silver
- 189 thousand ozs contained gold
Inferred Mineral Resources (at 120 AgEq g/t cutoff):
- 24 million silver equivalent oz
- 4.4 million tonnes totaling 24 million AgEq oz
- Average silver equivalent grade of 170 AgEq g/t
- Average silver grade of 151 g/t
- Average gold grade of 0.25 g/t
- 21 million ozs contained silver
- 35 thousand ozs contained gold