Avino Silver & Gold ramps up production in Mexico
(Kitco News) - Avino Silver & Gold Mines (TSX: ASM) today reported that production of 285,464 silver equivalent ounces, consisting of 77,935 ounces of silver, 1,183 ounces of gold, and 685,535 pounds of copper, was achieved in Q3 2021 from its Avino mine near Durango, Mexico.
This production includes output from the historic above ground stockpile material. Avino said that it has successfully recommenced operations at the Avino mine and compared to Q2 2020, most recent quarter of production, silver equivalent production at Avino increased 70% to 269,680 ounces in Q3 2021.
"We are very pleased to announce our third quarter production results which followed a period of operational closure," said President and CEO David Wolfin. "The entire Avino team worked tremendously hard to assist in the resumption of operations in August, and successfully achieve production for the quarter. Moving forward, we aim to steadily increase production to reach the levels established prior to the closure."
Avino is primarily a silver producer from its wholly owned Avino mine near Durango, Mexico. The company's mission and strategy is to create shareholder value through organic growth at the historic Avino property and the strategic acquisition of mineral exploration and mining properties.