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Avino Silver Q3 2023 Production Results; Silver Equivalent Production of 591,208 oz
VANCOUVER, BC / ACCESSWIRE / October 19, 2023 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6), ("Avino" or "the Company") a growing sil
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / October 19, 2023 / Avino Silver & Gold Mines Ltd. (TSX:ASM) (NYSE American:ASM) (FSE:GV6), (\"Avino\" or \"the Company\") a growing silver producer in Mexico, achieved production results of 591,208 silver equivalent ounces, bringing the 12-month trailing total to 2.63 million silver equivalent ounces from the Avino Mine. Production Highlights - Q3 2023 Silver equivalent production was 591,208 oz Silver production was 237,165 oz Copper production was 1.14 million lbs Gold production increased 73% to 2,077 oz Mill throughput was 154,507 tonnes Avino Mine Production - Three and Nine Months Ended September 30, 2023 Q3 2023 Q3 2022 Change YTD 2023 YTD 2022 Change 154,507 162,169 -5% Total Mill Feed (dry tonnes) 471,635 391,531 20% 56 59 -6% Feed Grade Silver (g/t) 53 58 -9% 0.58 0.31 86% Feed Grade Gold (g/t) 0.53 0.35 53% 0.42 0.66 -36% Feed Grade Copper (%) 0.46 0.64 -28% 86% 92% -7% Recovery Silver (%) 87% 92% -5% 72% 74% -2% Recovery Gold (%) 73% 76% -5% 80% 89% -11% Recovery Copper (%) 83% 90% -8% 237,165 285,444 -17% Total Silver Produced (oz) 703,920 675,339 4% 2,077 1,201 73% Total Gold Produced (oz) 5,883 3,352 76% 1,143,827 2,101,635 -46% Total Copper Produced (Lbs) 3,987,016 4,963,327 -20% 591,208 778,008 -24% Total Silver Equivalent Produced (oz)1 1,856,772 1,885,375 -2% \"The Avino Mine continued to provide consistent production results in the third quarter of 2023, albeit impacted by mining in lower copper grade areas, and lower recovery rates,\" said David Wolfin, President and CEO of Avino. \"Although we had lower copper grades, we did see an increase in gold grade that managed to offset some of the production shortfall. We have made improvements in the mechanical equipment of the mill and expect recovery rates to improve along with grades as we move into higher grade zones inline with the projected sequence. On the exploration side, we are thrilled with the additional and outstanding drill results from below Level 17 released in mid-September. The drill results continue to demonstrate that the Avino Vein continues at depth. We remain focused on the execution of our 5-year growth plan with the Oxide Tailings PFS due by early Q1 2024. Additionally, the Company has stepped up its community relations activities around the mine area.\" 2023 Third Quarter Highlights Consistent Produ...