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Avino Silver & Gold Mines Reports Q3 2024 Production; Announces Date Of Q3 Earnings Call
VANCOUVER, BC / ACCESSWIRE / October 17, 2024 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6) a long-standing silver producer in Mexico
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / October 17, 2024 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6) a long-standing silver producer in Mexico, reports third quarter production of 670,887 silver equivalent1 ounces. Production Highlights - Q3 2024 (compared to Q3 2023) Silver equivalent1 production increased 13% to 670,887 oz Silver production increased 19% to 281,831 oz Copper production increased 55% to 1.8 million lbs Gold production decreased to 1,625 oz Mill throughput increased by 1% to 156,512 tonnes Consolidated Production - Three and Nine Months Ended September 30, 2024 Q3 2024 Q3 2023 Change YTD 2024 YTD 2023 Change 156,512 154,507 1% Total Mill Feed (dry tonnes) 467,041 471,635 -1% 63 56 13% Feed Grade Silver (g/t) 63 53 19% 0.46 0.58 -20% Feed Grade Gold (g/t) 0.47 0.53 -11% 0.58 0.42 37% Feed Grade Copper (%) 0.50 0.46 9% 89% 86% 3% Recovery Silver (%) 88% 87% 1% 69% 72% -4% Recovery Gold (%) 70% 73% -4% 88% 80% 11% Recovery Copper (%) 87% 83% 5% 281,831 237,165 19% Total Silver Produced (oz) 825,420 703,920 17% 1,625 2,077 -22% Total Gold Produced (oz) 4,917 5,883 -16% 1,771,250 1,143,827 55% Total Copper Produced (lbs) 4,423,909 3,987,016 11% 670,887 591,208 13% Total Silver Equivalent Produced (oz)1 1,916,940 1,856,772 3% \"Our team delivered a strong third quarter, with production increasing by an impressive 13%, as we have managed to overcome ore crushing challenges in June and July. Mill availability, coupled with higher grades and recoveries in silver and copper, respectively, put us back on track for our production guidance of 2.5 to 2.8 million silver equivalent ounces in 2024\" said David Wolfin, President and CEO of Avino. \"Our operations team is ready to begin underground development as soon as necessary approvals are received for La Preciosa. La Preciosa is an integral piece of our 5-year plan and will deliver economic growth and benefit to the local communities in Durango. With the price of silver continuing to gather strength, we remain focused on delivering organic growth for all stakeholders.\" 2024 Third Quarter Highlights Production: Production during the quarter significantly increased due to overall mill performance and availability. The Company remains on track with our targeted full year production of 2.5M to 2.8M silver equivalent ounces. La Preciosa: Following t...