Avino Silver and Gold Mines (TSXV:ASM,FWB:GV6) reported developments on its San Gonzalo Mine, North East of Durango, Mexico.
As quoted in the press release:
Underground mining development is ongoing. The decline from level 4 to level 5 has advanced 170 metres to date, and a total of 200 metres remain until the level 5 elevation of 2130 metres is reached.
Avino has been drifting (mining) along the San Gonzalo vein on the 4th level. Currently we have explored 150 m to the north west of the old shaft and 170 m to the South East.
The 4th level is the last level where old workings had removed some of the deposit. The 5th level which we expect to reach before year-end will be all new development.
Drifting along the San Gonzalo vein on level 4 South East is ongoing.
Avino President David Wolfin said:
We are very pleased to see the grades improving substantially as we get deeper into the mine as we expected. This, along with significantly better recoveries that were independently verified from the lower levels of the mine should significantly improve our production output in the coming months and years.