Avino Silver & Gold Mines (CVE:ASM) announced results of further drilling at the Guadalupe zone on its property north-east of Durango, Mexico.
The press release is quoted as saying:
As shown in the longitudinal section on Avino’s website (http://www.avino.com), we have drilled 23 holes at Guadalupe to date. Holes are concentrated in two areas at either end of an approximate 800m strike length. Avino’s next phase of drilling at Guadalupe will aim to fill in the gaps.
We have moved our drill rig back to the San Gonzalo vein to test the vein at depth. Avino drilled 40 holes at San Gonzalo in 2007 and a further 7 holes in 2008. Drilling stopped due to global financial market conditions not for geological reasons. Therefore, we are optimistic that we can extend San Gonzalo’s mineralization at depth. Once drilling on San Gonzalo is complete we will mobilize the drill back to the Guadalupe vein. Management feels that the Guadalupe area could become a significant source of future mill feed.