Avino Mine
The Avino Mine and property is located in the state of Durango, Mexico, and is approximately 85 km by existing road, northeast of the city of Victoria de Durango, the state capital. The Project is situated on the eastern flank of the Sierra Madre Occidental Mountain range.
Avino is currently conducting mining activity on the ET Avino Vein using sublevel long hole stoping and room and pillar mining methods.
The Avino Vein has been and continues to be the primary deposit mined for silver, gold and copper on the Property since at least the 19th century. There are five separate mineralization sources in the Property, the ET (Avino) vein, San Gonzalo vein, Guadalupe vein, La Potosina vein and the potential tailings resource from previous operations (Oxide Tailings).
La Preciosa
In 2021, Avino acquired La Preciosa, a development stage mineral property, hosting one of the largest undeveloped primary silver resources in Mexico, and is located only 19 kilometres from Avino’s existing operations at the Avino Property in Durango, Mexico.
La Preciosa is situated on the eastern flank of the Sierra Madre Occidental. There are 3 main veins, named Gloria, Abundancia and Martha. With all necessary permits in place, the underground development has commenced with the starting of the Gloria Vein.
Oxide Tailings Project
The Oxide Tailings Project hosts gold and silver from past producing historic operations in an inactive tailings facility located on the Avino property with a 5.7 million tonnes of measured and indicated resource grading 95g/t of silver equivalent.
Historically, near surface oxidised material was not recovered well by Avino’s conventional flotation mill, which has created this opportunity for re-processing the tailings.
In 2017 a Preliminary Assessment was completed, followed by recommended drilling and metallurgical work which then led to a completed Pre-Feasibility study in 2024.
February 5th, 2024
