Day: August 14, 2017

Azure’s Managing Director, Mr Tony Rovira said, “Throughout 2017, Azure has had the clear focus to acquire the next flagship project for the Company. This was all about getting the right project for the right deal, and with this acquisition we have done just that. Projects of this quality are rare and keenly sought after, and I’m pleased that we have succeeded in acquiring the advanced stage, precious and base metal project that we’ve been seeking.”

This 300m step-out extends the potential strike length of the interpreted La Plata vein system to approximately 2km. Given the significant surface results reported to date this prospect is now the subject of detailed drill planning. It is important to note that surface channel widths along the interpreted strike length have been limited to accessible outcropping so future drilling will seek to confirm to what extent this high grade surface mineralisation occurs over wider zones at depth.

“Pre-production processing at the Atocha Mill site is continually improving our recovery methods and procedures”, states Antonio Berlanga, CEO of Telson, “We have achieved average recoveries from Tahuehueto ore of 83.5% gold, 89.3% silver, 86.1% lead and 85.4% zinc plus significantly better separation of zinc from our lead concentrates and overall higher concentrate grades then we experienced earlier this year in our original industrial scale bulk sample processed at the Andes Mill.”

Akiba Leisman, Executive Chairman and Interim CEO states that “San Cristobal is a district scale target. The first limited drill program successfully tested our thesis that HQ core does positively reconcile to RC drilling, similar to what we have experienced at the Taunus pit. The next steps at San Cristobal include regional exploration utilizing core drilling and detailed geological mapping with the objective of turning this target into a large scale deposit. “

“We are very pleased with the success of this drill program which began in September, 2016. These remaining results support the continuation of the extensive Avino Vein system, and provide further confidence that should allow us to go underground to develop this area for mining. We are also encouraged by the notable assays that demonstrate that this is a new gold rich area that has been untouched in the past. Furthermore, we are excited to have commenced drilling on three additional areas of mineralization at the Avino property, where there may be potential to expand the resources.” David Wolfin – President & CEO Avino Silver & Gold Mines Ltd.