Avino Silver and Gold Mines (ASM.TO; NYSEMKT:ASM) has updated the market on its progress at the San Gonzalo underground mine as it has now drifted along the vein for about 200 meters to the northwest and 240 meters to the southeast of the main crosscut.
The main take-away of the press release is the fact that because the wall rocks contain other metals (mainly lead and zinc), the company will be able to mine over wider widths than just the width of the main vein, and this will obviously enhance the economics of the San Gonzalo underground mine.
The San Gonzalo vein seems to be improving at depth and it will be very interesting to see some exploration results at level six.
> Click here to read the press release
Disclosure: The author holds no position in Avino Silver and Gold Mines. Please see our disclaimer for current positions.
