Business
Avino Reports Q2 2024 Production; Announces Date of Q2 Earnings Call
VANCOUVER, BC / ACCESSWIRE / July 16, 2024 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE Am...
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":"Avino Reports Q2 2024 Production; Announces Date of Q2 Earnings CallVANCOUVER, BC / ACCESSWIRE / July 16, 2024 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) a long-standing silver producer in Mexico, reports second quarter production of 616,571 silver equivalent ounces.Production Highlights - Q2 2024 (compared to Q2 2023)Silver equivalent production increased 5% to 616,571 ozSilver production increased 26% to 292,946 ozCopper production decreased 10% to 1.3 million lbsGold production was flat at 1,514 ozMill throughput decreased by 10% to 140,934 tonnesConsolidated Production - Three and Six Months Ended June 30, 2024Q22024Q22023Change YTD2024YTD2023Change140,934157,371-10%Total Mill Feed (dry tonnes)310,529317,128-2%755342%Feed Grade Silver (g/t)635221%0.480.449%Feed Grade Gold (g/t)0.470.518%0.510.494%Feed Grade Copper (%)0.460.48-4%87%87%0%Recovery Silver (%)87%88%-1%70%68%3%Recovery Gold (%)70%73%-4%88%84%5%Recovery Copper (%)86%84%2%292,946232,41726%Total Silver Produced (oz)543,589466,75516%1,5141,5200%Total Gold Produced (oz)3,2923,805-14%1,305,5491,445,552-10%Total Copper Produced (lbs)2,652,6592,843,189-7%616,571587,3175%Total Silver Equivalent Produced (oz)11,246,0531,265,564-2%Production by Location - Q2 2024 Tonnes ProcessedGradeAg g/tGradeAu g/tGradeCu %RecoveryAg %RecoveryAu %RecoveryCu %Silver oz producedGold oz producedCopper lbs producedAvino130,983710.490.5188%70%88%262,8611,4561,305,549La Preciosa9,9511330.28-71%63%-30,08558-Total140,934750.480.5187%70%88%292,9461,5141,305,549\"Our second quarter production remained consistent with 616,571 silver equivalent ounces produced, up 5% over the second quarter of last year and tracking our production target for the year. We were able to start processing La Preciosa surface stockpile material through our mill with excellent recovery results, particularly silver, which exceeded our expectations. This contributed to the 26% increase in silver ounces produced this quarter, which we expect to grow significantly when we are able to commence mining and processing underground material from La Preciosa.\" said David Wolfin, President and CEO of Avino. \"We are eagerly anticipating the receipt of the environmental permits for La Preciosa. La Preciosa is an integral piece of our 5-year plan and will deliver economic growth and benefit to the local c...