Avino Silver & Gold Mines Ltd. (TSX:ASM, NYSE American:ASM) announced its second quarter, 2018 production results from its Avino property near Durango, Mexico.
As quoted in the press release:
Silver equivalent production in Q2, 2018 increased by 6 percent compared to Q2, 2017 due to extra production from the commissioning of Mill Circuit 4. Copper production in Q2, 2018 increased by 31 percent compared to Q2, 2017, and silver and gold production decreased by 16 percent and 11 percent, respectively; the latter are due to lower silver and gold feed grades from the Avino and San Gonzalo mines.
Highlights are as follows:
Consolidated production highlights for second quarter, 2018 (compared to second quarter, 2017)
- Silver equivalent production increased by 6 percent to 738,853 ounces
- Gold production decreased by 11 percent to 1,734 ounces
- Silver production decreased by 16 percent to 323,014 ounces
- Copper production increased by 31 percent to 1,480,830 pounds
David Wolfin, president & CEO, commented:
We are pleased with our second quarter production results, our silver equivalent production increased by 6 percent, because our copper production increased by 31 percent. We will continue to process historic stockpile material through Mill Circuit 4 until the end of the year, and then we anticipate transitioning to processing newly-mined mill feed from the San Luis area of the Avino Mine.
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