Avino Silver & Gold Mines Ltd.
TSX VENTURE : ASM
OTC Bulletin Board : ASGMF
BERLIN : GV6
FRANKFURT : GV6

Avino Silver & Gold Mines Ltd.

August 15, 2007 14:51 ET

Avino Intersects 1,189.0 g/t Silver, 6.171 g/t Gold at San Gonzalo

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2007) - Avino Silver & Gold Mines Ltd. (the "Company") (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is continuing its drilling program on the San Gonzalo Zone at its large Avino Property located 80km north-east of Durango, Mexico.

Previous holes at San Gonzalo have already been released: SG-07-01 through SG-07-08 - March 12, 26, April 13 and June 11, 2007. Holes SG-07-12, 13 - July 3, 2007. Holes SG-07-09, 10, 11, 14 and 15, July 27, 2007.

Avino is now pleased to release results of holes SG-07-16, 17, 18 and 19. The San Gonzalo Zone is located 2km north-east of Avino's former producing mine (1976 - 2001) and 1,000 tpd mill.

The location of the drill holes can be viewed on the company's website in both plan and section: http://www.avino.com/s/Avino.asp.

Principal intersections of the 4 holes are summarized as follows (all lengths are down hole, i.e. core length intersections):



Hole SG-07-16 (Bearing 215 Dip 55 Length 99.85m)

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Au Ag Cu Pb Zn
From To Metres g/t g/t ppm ppm ppm
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48.60 49.05 0.45 6.171 1189.0 241 2844 7658
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95.75 96.20 0.45 0.078 9.6 27 193 430
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96.20 96.75 0.55 0.253 326.4 6489 3126 4661 San Gonzalo vein
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96.75 97.55 0.80 0.159 19.2 483 336 752
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Hole SG-07-17 (Bearing 251 Dip 55 Length 69.8m)

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Au Ag Cu Pb Zn
From To Metres g/t g/t ppm ppm ppm
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46.70 47.60 0.90 0.054 15.5 82 1259 1801
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47.60 48.20 0.60 0.020 5.2 84 2129 1270
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53.05 53.95 0.90 0.055 7.1 53 1793 11300 San Gonzalo vein
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Hole SG-07-18 (Bearing 215 Dip 66 Length 238.05m)

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Au Ag Cu Pb Zn
From To Metres g/t g/t ppm ppm ppm
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166.60 167.50 0.90 0.198 16.5 490 2612 4085
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167.50 168.20 0.70 0.630 55.0 2035 2219 692
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168.20 168.75 0.55 0.215 145.5 6887 835 302
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171.15 171.40 0.25 0.454 132.0 5281 1611 3126
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214.20 214.60 0.40 0.185 14.7 13 71 144
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219.75 221.00 1.25 0.109 23.6 164 1334 2321
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221.00 222.20 1.20 0.725 66.0 117 863 1836 San Gonzalo vein
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222.20 223.40 1.20 0.010 5.3 13 136 473 San Gonzalo vein
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232.65 233.35 0.70 0.010 4.0 72 71 981
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233.35 234.10 0.75 1.369 112.8 126 1045 1571 San Gonzalo vein
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234.10 234.90 0.80 0.485 66.7 305 1626 3523 San Gonzalo vein
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234.90 235.80 0.90 0.015 46.8 1643 583 395
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235.80 237.00 1.20 0.010 44.2 1678 443 274
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237.00 238.05 1.05 0.020 9.7 370 222 373
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Hole SG-07-19 (Bearing 252 Dip 66 Length 345.0m)

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Au Ag Cu Pb Zn
From To Metres g/t g/t ppm ppm ppm
-------------------------------------------------------------------------
126.40 129.90 0.50 94.421 265.7 25500 3379 1631
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131.20 131.50 0.30 1.385 68.0 18000 426 343
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133.85 134.60 0.75 1.011 27.3 5173 138 229
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229.05 229.70 0.65 0.210 10.1 58 1588 2154
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230.40 230.80 0.40 0.973 116.1 1237 1245 2821
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236.55 237.40 0.85 0.070 22.3 90 217 1560
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237.40 238.25 0.85 0.097 45.0 50 209 1581
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244.80 245.70 0.90 0.068 6.9 17 98 1406
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252.95 253.50 0.55 0.164 10.3 178 279 653 San Gonzalo vein
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253.50 254.65 1.15 0.040 39.4 1767 1096 814 San Gonzalo vein
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Holes SG-07-16, 17 explored the San Gonzalo structure to the north west of the hole SG-07-15 and the original mine workings. They show that the San Gonzalo vein narrows in this direction to sub economic widths and grades.

Holes SG-07-18 intersected the San Gonzalo vein but in this locality within the zone below the old workings, the vein has split into two separate zones. The better values are in 233.35 - 234.90 (1,55m) which averages 0.92 g/t Gold, 89 g/t silver.

Hole SG-07-19 defines the north western boundary of the San Gonzalo shoot. It shows only sub economic widths and grades of silver and gold in the San Gonzalo vein but did intersect 0.50m of 94.42 g/t gold and 266 g/t silver in a side vein.

Sample lengths of NQ drill core were diamond sawed into halves by mine staff and shipped to inspectorate Labs in Durango, Mexico, for preparation into pulps and rejects. Pulps were analyzed at Inspectorate Labs in Sparks, Nevada. Gold and silver were analyzed by fire assay using Aqua Regia Leach and AA finish. Other elements are reported from a 29 element I.C.P. package.

Holes SG-07-15, 16, 17 and 19 have thus defined the NW limits of significant mineralization on the San Gonzalo zone. Assays are awaited from one further hole in this area - SG-07-20. Subsequent holes SG-07-21, 22, 23, 24, 25 appear to have extended the zone to the south east (See San Gonzalo section) but assays are not yet received.

Avino is mobilizing a second diamond drill from its contractor Tecmin. This machine will explore the remaining ore in the ET part of the main Avino vein system below level 11.5 where mining ceased in November 2001 (due to low metal prices).

This report was prepared by Chris J. Sampson, P. Eng., a qualified person under NI 43-101.

Avino Silver & Gold Mines Ltd., founded in 1968, has established a long record of mining and exploration. The Company's focus is the acquisition and aggressive exploration of top silver prospects throughout North America. Avino remains well funded.

On Behalf of the Board

David Wolfin, President

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release.

Contact Information

  • Avino Silver & Gold Mines Ltd.
    David Wolfin
    President
    (604) 682-3701
    (604) 682-3600 (FAX)
    Email: ir@avino.com
    Website: www.avino.com