VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/11/11 -- Avino Silver & Gold Mines Ltd. (TSX VENTURE: ASM)(OTCBB: ASGMF)(BERLIN: GV6)(FRANKFURT: GV6) (Avino) is pleased to report on further progress from the bulk sampling program at Avino's San Gonzalo mine 85Km North east of Durango, Mexico.
Avino has been developing two stopes 2-080 and 2-140 above the 2260 level. To date approximately 10,000 tonnes have been mined and stockpiled. The mill has been processing development rock from the initial drift along the San Gonzalo vein on the 2260 level but will start on the stockpiled rock from the stopes by the end of this week. There is approximately 1500 tonnes left to mine from the two stopes as part of the bulk sample but Avino has been extending level 2260 to the South east along the San Gonzalo vein structure towards drill hole SG-07-33. This hole drilled from surface in 2007 intersected 116.15 to 122.70m (6.55m) 0.76 g/t gold 141 g/t silver. A new stope will be started on this area of the San Gonzalo vein (to view a plan click on: www.avino.com/i/pdf/Jan11NR-SG-MAPS.pdf or visit www.avino.com).
As part of the stoping program channel samples have been taken across the back (i.e. roof) of the stope. The first series (sample numbers R Line 1 etc.) at approximately 2272 elevation (i.e. 12m above level 2260) and the second series (sample numbers II line 1 etc) at 2284m elevation or 24m above level 2260.
The sampling results are shown in the following tables:
---------------------------------------------------------------------------- Sample line Width m Gold g/t Silver g/t Lead ppm ---------------------------------------------------------------------------- R- 1 2.35 1.058 232 2767 ---------------------------------------------------------------------------- R- 2 1.95 1.396 251 2777 ---------------------------------------------------------------------------- R- 3 2.50 1.214 534 4087 ---------------------------------------------------------------------------- R- 4 2.35 1.319 130 5606 ---------------------------------------------------------------------------- R- 5 2.50 0.534 133 7641 ---------------------------------------------------------------------------- R- 6 2.05 1.109 166 3277 ---------------------------------------------------------------------------- R- 7 1.50 1.482 382 3116 ---------------------------------------------------------------------------- R- 8 1.30 1.933 948 2906 ---------------------------------------------------------------------------- R- 9 1.40 0.415 270 1651 ---------------------------------------------------------------------------- R- 10 1.35 1.000 327 1454 ---------------------------------------------------------------------------- R- 11 1.25 0.842 346 5832 ---------------------------------------------------------------------------- R- 12 1.30 1.279 409 3101 ---------------------------------------------------------------------------- R- 13 1.10 1.403 340 3120 ---------------------------------------------------------------------------- R- 14 1.55 0.639 148 1216 ---------------------------------------------------------------------------- Average 1.75 1.099 308 3701 ----------------------------------------------------------------------------
Total sampled length along vein 24.45m.
---------------------------------------------------------------------------- Sample line Width m Gold g/t Silver g/t Lead ppm ---------------------------------------------------------------------------- II - 1 1.25 2.078 848 2958 ---------------------------------------------------------------------------- II - 2 1.00 1.034 627 13194 ---------------------------------------------------------------------------- II - 3 1.60 1.400 594 5833 ---------------------------------------------------------------------------- II - 4 1.25 1.573 549 10533 ---------------------------------------------------------------------------- II - 5 1.30 1.388 860 3159 ---------------------------------------------------------------------------- II - 6 1.65 1.300 571 5543 ---------------------------------------------------------------------------- II - 7 1.85 0.729 383 3134 ---------------------------------------------------------------------------- II - 8 2.45 1.471 630 5297 ---------------------------------------------------------------------------- II - 9 2.35 4.053 717 15022 ---------------------------------------------------------------------------- II - 10 1.60 0.975 697 5755 ---------------------------------------------------------------------------- II - 11 1.70 0.415 564 5533 ---------------------------------------------------------------------------- II - 12 1.75 0.586 227 4745 ---------------------------------------------------------------------------- II - 13 2.05 0.676 360 11671 ---------------------------------------------------------------------------- II - 14 2.40 1.112 276 12173 ---------------------------------------------------------------------------- II - 15 2.50 0.536 331 7402 ---------------------------------------------------------------------------- II - 16 2.30 0.696 212 3942 ---------------------------------------------------------------------------- II - 17 2.35 0.474 278 4962 ---------------------------------------------------------------------------- II - 18 1.55 0.514 352 4139 ---------------------------------------------------------------------------- II - 19 2.10 0.900 270 3921 ---------------------------------------------------------------------------- II - 20 2.15 0.573 340 1865 ---------------------------------------------------------------------------- II - 21 2.35 0.781 358 2035 ---------------------------------------------------------------------------- II - 22 2.50 0.448 185 3666 ---------------------------------------------------------------------------- II - 23 3.05 0.588 222 4820 ---------------------------------------------------------------------------- II - 24 2.05 0.724 287 3725 ---------------------------------------------------------------------------- II - 25 1.85 0.431 127 2875 ---------------------------------------------------------------------------- II - 26 1.25 0.705 201 1973 ---------------------------------------------------------------------------- II - 27 1.05 0.973 654 3039 ---------------------------------------------------------------------------- II - 28 1.45 0.818 316 3196 ---------------------------------------------------------------------------- II - 29 1.50 0.767 278 2375 ---------------------------------------------------------------------------- II - 30 1.55 0.859 349 1525 ---------------------------------------------------------------------------- II - 31 1.45 0.956 441 3583 ---------------------------------------------------------------------------- II - 32 1.60 1.526 340 2716 ---------------------------------------------------------------------------- Average 1.84 0.987 397 5307 ----------------------------------------------------------------------------
Total sampled length along vein 58.80m.
The sampling encountered gold values as high as 9.09 g/t over a 0.45m width and 7.77 g/t (Series II Line 9 samples 156762 and 156763) Silver values as high as 1570 g/t over 0.6m width (sample 156746 series II, line 5) 4576 g/t over 0.65 m width (sample 156757 series II, line 8) and 4262 g/t over 0.45m width (sample 156762 series II line 9) were encountered.
In accordance with geostatistical conclusions in Resource estimate on the San Gonzalo vein by David Gunning, P.Eng., August 31, 2009, a 43-101 compliant report these silver values were cut to 1500 grams per tonne.
To view the full sampling results click on: www.avino.com/i/pdf/ASM-NR-FULL-SAMPLE-LOG.pdf or visit www.avino.com.
Samples are from channels cut across the San Gonzalo 1 vein. The samples were assayed by Inspectorate Labs. Samples were crushed and ground in Durango with pulps assayed in Reno, NV using fire assay and AA finish for gold, four acid digestion and AA for most silver with fire assay and gravimetric finish for very high silver, Aqua Regia digestion and ICP for base metals.
ON BEHALF OF THE BOARD
David Wolfin, President
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.
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.
Contacts:
Avino Silver & Gold Mines Ltd.
David Wolfin
President
604.682.3701
604.682.3600 (FAX)
ir@avino.com
www.avino.com
