Silver Demand Rising, We're Boosting Production Now | Avino Silver & Gold Mines' Nathan Harte
Original announcement by investingnews on
- Company
- Avino Silver & Gold Mines
- Ticker
- ASM
- Exchange
- Unavailable
- Region
- Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Other, Drill results, Resource update
- Extracted
- 2026-10-10 00:32:40 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Avino Silver & Gold Mines is transitioning to a multi-asset producer, driven by work at the La Preciosa mine in Mexico. The company is currently conducting a standalone prefeasibility study for the project, with completion expected in mid-2027.
Reasoning: The document is a news aggregator/interview summary. The primary subject is Avino's strategic transition and upcoming PFS, which is a corporate update rather than a single technical event.
Positive factors
- transition to multi-asset producer
- prefeasibility study underway
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive · Story-specific tag
Mineralization extended beyond the previously known limit.
Why it applies: Hole SC26-003 is described as a step out of about 32 metres down plunge.
Evidence · text
“a step out of about 32 metres down plunge from previous drilling”
Maiden Resourceneutral · Story-specific tag
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: Stillwater Critical Minerals announced a maiden indicated resource.
Evidence · text
“adds a maiden indicated resource of 29.4 million tonnes”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (2)
SC26-003Steller · goldGrade: 6.15Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- SC26-003
- Project
- Steller
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- ASM
Geometry
- Grade
- 6.15
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SC26-003:0-14
- Mining Method
- unknown
Location
- Location
- Skukum Creek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Strong gold intercept reported as a step-out.
Positive factors
- good continuity on structure
- good continuity on grade
Evidence · text
“hole SC26-003 at Skukum Creek intersected 14 meters of 6.15 grams per tonne (g/t) gold”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SC26-003Steller · silverGrade: 124Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- SC26-003
- Project
- Steller
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- ASM
Geometry
- Grade
- 124
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SC26-003:0-14
- Mining Method
- unknown
Location
- Location
- Skukum Creek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: High silver grade accompanying gold intercept.
Positive factors
- good continuity on structure
- good continuity on grade
Evidence · text
“124 g/t silver”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (2)
indicatedStillwater West · nickelTonnes: 29400000Grade: 0.38Grade Unit: %View all detailsHide details
Identity
- Project
- Stillwater West
- Commodity
- nickel
- Ticker
- ASM
Resource scope
- Estimate type
- resource
- Resource group id
- resource:90930581671fe50bdaf5
Resource Data
- Category
- indicated
- Tonnes
- 29400000
- Grade
- 0.38
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-08-01
Metal Equivalent
- Metal Eq. Grade
- 0.38
- Metal Eq. Unit
- % total nickel equivalent
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Maiden indicated resource addition and significant tonnage growth.
Positive factors
- maiden indicated resource
- more than doubles the inferred resource
Evidence · text
“adds a maiden indicated resource of 29.4 million tonnes grading 0.38 percent total nickel equivalent”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredStillwater West · nickelTonnes: 805100000Grade: 0.34Grade Unit: %View all detailsHide details
Identity
- Project
- Stillwater West
- Commodity
- nickel
- Ticker
- ASM
Resource scope
- Estimate type
- resource
- Resource group id
- resource:6cb20b85e1e87d58ab3e
Resource Data
- Category
- inferred
- Tonnes
- 805100000
- Grade
- 0.34
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2026-08-01
Metal Equivalent
- Metal Eq. Grade
- 0.34
- Metal Eq. Unit
- % total nickel equivalent
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Large scale inferred resource component.
Positive factors
- large inferred resource scale
Evidence · text
“inferred resource totals 805.1 million tonnes grading 0.34 percent total nickel equivalent”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.