Avino Silver & Gold Mines Ltd.
OTC Bulletin Board : ASGMF

Avino Silver & Gold Mines Ltd.

September 28, 2010 12:35 ET

Avino Assays Up to 0.80m of 5,522 g/t Ag & 1.304 g/t Au at San Gonzalo

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2010) - Avino Silver & Gold Mines Ltd. ("Avino") (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is pleased to provide an update of the ongoing underground development at its San Gonzalo project at the Avino property in Durango, Mexico.

Avino's mine contractor DMG have been driving two declines, the upper level 1 (2306m elevation) and lower level 2 (2260m elevation). Both levels intersected the San Gonzalo vein, Level 2 has intersected the San Gonzalo vein and a splay vein. These are known as San Gonzalo vein 1 and San Gonzalo. They are shown on a plan map on Avino's website.

DMG drifted along both San Gonzalo and San Gonzalo 1 on both levels 1 and 2. To the northwest both levels broke in to the old San Gonzalo workings and DMG are now driving a raise to connect the two levels.

Avino is pleased with the mineable widths and excellent grades found to date on SG1 in our underground development program.

Avino has now outlined the areas on the San Gonzalo vein 1 where stope preparation for production will commence in the next few days. As shown on the plan map on Avino's website these are from west to east.

along vein
21.04 2.83 1.146 394 3580 3112 502
(includes sample 146299 Line 19)
  0.80 1.304 5523 4330 944 833
(includes sample 156260 Line 11)        
  0.75 0.792 1965 14300 6740  
(includes sample 156238 Line 9)        
  0.70 1.731 1652 11600 3257  
27.24 2.41 1.231 342 4999 2202 442
(includes sample 155633 Line 12)
  0.90 0.960 1093 6990 1980  
11.37 1.61 1.752 532 9651 11438 1605
(includes sample 155679 Line 18)
  0.80 1.798 2054 3040 1070  

The full sampling results can be viewed on Avino's website.

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 Richmond BC 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.

Once shrinkage stopes are operating these areas will supply feed for a 10,000 tonne bulk sample. Avino's 250 tonne per day circuit in the mill has been operating on stockpiled ore from the main vein for approximately 6 months and is ready to receive feed from the San Gonzalo development.

Founded in 1968, Avino has established a long record of mining and exploration in Mexico. The Company's focus is to bring the property to production. Avino remains well funded.


"David Wolfin"
David Wolfin
President & Chief Executive Officer

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.

Contact Information

  • Avino Silver & Gold Mines Ltd.
    David Wolfin
    President & Chief Executive Officer
    604.682.3600 (FAX)