Northwire Canada EditionThursday, July 30, 2026
Sign inSubscribe
Northwire
⌕
ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

Avino drills 7.9 m of 1,638 g/t Ag at La Preciosa

By The Northwire Desk — AI Analysis Aug 18, 2025 · 13:43 ASM · 5.4 Avino Silver & Gold Mines Ltd.
ASM · Price

Executive Summary

  • Avino reported exceptionally high-grade intercepts from four drill holes at the La Preciosa deposit, including a standout 1,638 g/t Ag (with 15,352 g/t Ag over 0.37 m) and 544 g/t Ag in separate holes.
  • The results exceed the average grades of Avino’s current resource model, confirming vein geometry and supporting potential expansion of the La Gloria mineral resource.
  • Management will integrate these data into the geological model and continue step‑out drilling to further delineate high‑grade zones.

Key Details

  • Hole PMLP‑25‑03: 1,638 g/t Ag and 1.92 g/t Au over 7.90 m true width; includes 15,352 g/t Ag and 1.55 g/t Au over 0.37 m.
  • Hole PMLP‑25‑04: 544 g/t Ag and 0.46 g/t Au over 6.42 m true width; includes 1,739 g/t Ag and 0.74 g/t Au over 0.66 m.
  • Total drilling: four holes, ~1,100 m total depth at La Preciosa; intersected La Gloria vein in all holes, Abundancia vein in three holes, plus additional unnamed veins.
  • Assays processed under Avino’s standard QA/QC program with no bias or contamination detected. No copper values reported for this deposit.
  • Geological context: La Preciosa lies on the eastern flank of the Sierra Madre Occidental; mineralization hosted in multiple poly‑phase quartz veins with Ag‑rich sulfide minerals (acanthite, argentite) and trace Au.
  • QA/QC details: Core split half‑sampled; silver fire‑assayed gravimetrically (>100 g/t), gold fire‑assayed with AA finish; ICP‑MS for multi‑element analysis.
  • Qualified persons: Michael F. O’Brien, PGeo (Red Pennant Communications) and Peter Latta, PEng (Avino VP Technical Services) reviewed and approved the technical data per NI 43‑101.

Notable Quotes

“We are delighted to report excellent grades on all four holes at La Preciosa… The intercept grades are significantly higher than the average grades outlined in our current resource…” – David Wolfin, President & CEO, Avino Silver & Gold Mines Ltd.

Materiality Assessment: Material – Positive (high‑grade drill results that could materially impact resource estimates and future mining plans).

Read the original news release →

More from Avino Silver & Gold Mines Ltd.

Jul 22, 2026 · 07:15

Avino’s La Preciosa mine saw silver recovery drop to 69% and copper output halve, though a production ramp preserved overall results.

Production / Operations May 13, 2026 · 17:15

Avino’s cash hoard swells to $138 million as silver price bonanza delivers record profit, but production dips underscore the rally is not yet built on volume.

Earnings Apr 23, 2026 · 07:15

Avino Silver Production Ramps Up; La Preciosa Reserves Validate Mid-Tier Ambitions

Production / Operations Apr 16, 2026 · 07:15

Avino Reserves Anchor Growth as Cash Pile Funds Buybacks

Resource Estimate Apr 06, 2026 · 07:15

Avino launches share buyback to return excess cash as silver prices stay strong

Other Mar 10, 2026 · 17:15

Avino Transforms into Multi-Asset Producer as La Preciosa Ore Hits the Mill Amid Record Treasury

Earnings