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Avino Silver & Gold's path to becoming an intermediate silver producer

Kitco Media
By Michael McCrae
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(Kitco News) - Avino Silver & Gold CEO David Wolfin said a transaction the company made this spring will transform the company.

Last month Wolfin spoke to Kitco at the Gold Forum Americas show in Colorado Springs.

Avino is a silver miner focused on Mexico. In March the company acquired La Preciosa from Coeur Mining, which is adjacent to Avino Mine in Durango. The company also has an oxide tailings project, which will also add ounces.

"We just announced our five-year goal to be an intermediate producer. [We're] putting together this transformational growth projection for us to [produce] between 8 and 10 million ounces per year in five years," said Wolfin.

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Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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