PR Newswire
VANCOUVER, Jan. 17, 2017
NYSE-MKT: ASM
TSX-V: ASM
FSE: GV6
VANCOUVER, Jan. 17, 2017 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (ASM: TSX.V, ASM: NYSE – MKT, GV6: FSE, "Avino" or "the Company") is pleased to report its fourth quarter 2016 and full year 2016 production results from its Avino property near Durango, Mexico.
Consolidated Production Highlights for 2016 (Compared to 2015)
Consolidated Production Highlights for Fourth Quarter, 2016 (Compared to Fourth Quarter, 2015)
*In 2016, AgEq was calculated using metals prices of $17.10 oz Ag, $1,248 oz Au and $2.21 lb Cu. In 2015, AgEq was calculated using $16 oz Ag, $1,150 oz Au and $3.00 lb Cu
"I would like to thank our teams in Mexico and Canada for delivering another solid year of consistent production. Despite the challenges faced during the second quarter, our production was in line with our internal projections, and we expect similar results for 2017. The year was highlighted by the declaration of commercial production at the Avino Mine, as well as the publication of new resource estimates for our operations in Mexico and Canada. We are planning on issuing a news release in the coming days outlining our Mexico expansion plans as well as an agenda for reopening the Bralorne Mine."
- David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.
Consolidated 2016 Production Highlights
Comparative production numbers from 2016 and 2015 are presented below:
| 2016 | 2015 | % Change |
Total Silver Produced (oz) calculated | 1,612,060 | 1,625,285 | -1% |
Total Gold Produced (oz) calculated | 7,119 | 7,083 | 1% |
Total Copper Produced (Lbs) calculated | 4,206,585 | 4,743,691 | -11% |
Total Silver Eq. Produced (oz) calculated* | 2,679,334 | 3,020,348 | -11% |
*In 2016, AgEq was calculated using metals prices of $17.10 oz Ag, $1,248 oz Au and $2.21 lb Cu. In 2015, AgEq was calculated using $16 oz Ag, $1,150 oz Au and $3.00 lb Cu
Consolidated Fourth Quarter 2016 Production Highlights
Comparative production numbers from the fourth quarters of 2016 and 2015 are presented below:
| Q4 2016 | Q4 2015 | % Change |
Total Silver Produced (oz) calculated | 419,355 | 409,216 | 2% |
Total Gold Produced (oz) calculated | 2,581 | 1,588 | 63% |
Total Copper Produced (Lbs) calculated | 755,645 | 1,271,565 | -41% |
Total Silver Eq. Produced (oz) calculated* | 707,775 | 761,767 | -7% |
*In 2016, AgEq was calculated using metals prices of $17.10 oz Ag, $1,248 oz Au and $2.21 lb Cu. In 2015, AgEq was calculated using $16 oz Ag, $1,150 oz Au and $3.00 lb Cu
Avino Mine Production Highlights
Comparative figures for the years ended December 31, 2016, and December 31, 2015, as well as the fourth quarter 2016 and the fourth quarter of 2015 for the Avino Mine are as follows:
| Q4 2016 | Q4 2015 | % Change |
2016 | 2015 | % Change | Notes |
Tonnes Mined | 103,266 | 102,580 | 1% | 450,281 | 372,376 | 21% | 6 |
Underground Development (m) | 756 | 1,440 | -48% | 4,005 | 5,056 | -21% | 1,6 |
Mill Availability (%) | 95.6 | 94.5 | 1% | 94.0 | 96.1 | -2% | |
Total Mill Feed (dry tonnes) | 101,157 | 110,201 | -8% | 429,289 | 396,113 Werbung Mehr Nachrichten zur Avino Silver & Gold Mines Aktie kostenlos abonnieren
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