PR Newswire
VANCOUVER, July 24, 2017
NYSE-MKT: ASM
TSX-V: ASM
FSE: GV6
VANCOUVER, July 24, 2017 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: TSX.V, ASM; "Avino" or the "Company") announces second quarter 2017 production results from its Avino property near Durango, Mexico.
Consolidated Production Highlights for Second Quarter 2017 (Compared to Second Quarter 2016)
*For comparison purposes, the silver equivalent ratio has been calculated using metal prices of $17.26 oz Ag, $1,257 oz Au and $2.57 Lb Cu. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding. |
"We are pleased with the 11% increase in production this quarter compared to the second quarter of last year. The results are higher this quarter compared to the same period last year mainly due to the increased mill availability experienced in the second quarter of 2017.
At our current rate of production, we anticipate outputs to be similar in the second half of the year.
We are also very happy with the progression of the plant and mill expansions which will further develop and maintain a solid production profile going forward."
David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.
Consolidated Second Quarter 2017 Production Highlights
Comparative production results from the second quarter 2017 and the second quarter 2016 are presented below:
| Q2 | Q2 | % |
Total Silver Eq. Produced (oz) calculated* | 698,174 | 629,780 | 11% |
Total Gold Produced (oz) calculated | 1,954 | 1,509 | 29% |
Total Silver Produced (oz) calculated | 386,002 | 380,620 | 1% |
Total Copper Produced (Lbs) calculated | 1,133,161 | 1,054,935 | 7% |
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*For comparison purposes, the silver equivalent ratio has been calculated using metal prices of $17.26 oz Ag, $1,257 oz Au and $2.57 Lb Cu. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding. |
Avino Mine Second Quarter 2017 Production Results
Comparative figures for the second quarter 2017 and the second quarter 2016 for the Avino Mine are as follows; production figures for the second quarter 2017 include production from Mill Circuit 2 and Mill Circuit 3:
| Q2 | Q2 | Quarterly | 2017 | Notes |
Tonnes Mined | 115,519 | 101,400 | 14% | 231,922 | 1 |
Underground Advancement (m) | 773 | 1,242 | -38% | 1,418 | 1 |
Mill Availability (%) | 98 | 87 | 13% | 97 | 1 |
Total Mill Feed (dry tonnes) | 117,386 | 97,666 | 20% | 233,940 | 1 |
Feed Grade Silver (g/t) | 76 | 64 | 19% | 68 | 2 |
Feed Grade Gold (g/t) | 0.53 | 0.26 | 106% | 0.52 | 2 |
Feed Grade Copper (%) | 0.49 | 0.55 | -10% | 0.47 | 2 |
Recovery Silver (%) | 84% | 85% | -1% | 85% | 3 |
Recovery Gold (%) | 69% | 60% | 14% | 68% | 3 |
Recovery Copper (%) | 89% | 90% | -1% | 90% Werbung Mehr Nachrichten zur Avino Silver & Gold Mines Aktie kostenlos abonnieren
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