- Silver Investing News - http://silverinvestingnews.com -
Avino reports 4.75 million ounce silver resource
July 25, 2008 @ 11:28 am In Silver Company News
Avino Silver & Gold Mines Ltd. reports the completion of the first NI 43-101 resource calculation from the company's San Gonzalo deposit, Durango, Mexico.
The inferred resource, compiled by Dave Gunning, P.Eng., of Orequest Consultants Ltd. ("Orequest"), concerns the San Gonzalo vein only. Orequest estimated the resource contained 4.75 million ounces of silver and 37,300 ounces of gold, calculated as follows:
Ag Au Zinc Lead
Tonnes g/t g/t % %
——————————————-
444,250 332 2.61 1.5 1.0
Avino's President, David Wolfin says:
"We are extremely encouraged by the San Gonzalo resource figures." "This area of the property holds significant expansion potential, and we will focus our near-term exploration on both upgrading and increasing the current resource."
For full details of this press release, click this link [1]. Silver Investing News researchers discovered Avino Silver and Gold Mines' project described on their website [2]. Follow developments in silver mining and exploration for free. Sign on to the Silver Investing Newsletter [3].
Article printed from Silver Investing News: http://silverinvestingnews.com
URL to article: http://silverinvestingnews.com/177/avino-reports-475-million-ounce-silver-resource.html
URLs in this post:
[1] link: http://www.marketwire.com/press-release/Avino-Silver-and-Gold-Mines-Ltd-TSX-VENTURE-ASM-882772.html
[2] website: http://www.avino.com/s/Home.asp
[3] Silver Investing Newsletter: http://silverinvestingnews.com/investing-newsletter
Copyright © 2010 Silver Investing News. All rights reserved.