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Bullboard - Stock Discussion Forum Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company also maintains a diversified pipeline of gold and base metals exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine... see more

TSX:ASM - Post Discussion

Avino Silver & Gold Mines Ltd > 113 MILLION SILVER EQUIVALENT OUNCES
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Post by Betteryear2 on Dec 21, 2021 5:40pm

113 MILLION SILVER EQUIVALENT OUNCES

VANCOUVER, BCDec. 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
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