PR Newswire
VANCOUVER, Jan. 17, 2019
In the news release, Avino Announces Q4 and Full Year 2018 Production Results, issued 17-Jan-2019 by Avino Silver & Gold Mines Ltd. over Cision, we are advised by the company that this press release corrects and replaces certain typographical errors. The complete, corrected release follows:
VANCOUVER, Jan. 17, 2019 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE, "Avino" or "the Company") is pleased to announce its fourth quarter and full year 2018 production results from its Avino property near Durango, Mexico.
Consolidated Production Highlights for 2018 (Compared to 2017)
Consolidated Production Highlights for Fourth Quarter, 2018 (Compared to Fourth Quarter, 2017)
* | In 2018, AgEq was calculated using metals prices of $15.71 oz Ag, $1,270 oz Au and $2.96 lb Cu. In 2017, AgEq was calculated |
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* | In Q4, 2018, AgEq was calculated using metals prices of $14.55 oz Ag, $1,229 oz Au and $2.80 Cu. In Q4, 2017, AgEq was calculated |
"We had another year of consistent production at the Avino property, producing 2,863,753 silver equivalent ounces, which was in line with our internal projections." said David Wolfin, President and CEO. "The completion of Mill Circuit 4 contributed to an increase of 6% in silver equivalent ounce production over 2017, and also helped offset decreasing grades at the San Gonzalo Mine which is nearing the end of its mine life. The underground development at San Luis was temporarily reduced to save costs in the third and fourth quarters of 2018, therefore we are positioned to increase the throughput and the rate of development of the San Luis area during the latter part of 2019. We expect 2019 production to be similar to 2018. We continue to be mindful of costs Company-wide and are taking a pragmatic approach to expanding our operations. Finally, I wish to thank the operations team in Mexico for all their hard work and dedication."
Consolidated Production Tables
2018 | |||||||||
Production by Mine | Tonnes | Silver | Gold | Copper | AgEq | ||||
Avino | 426,794 | 614,361 | 4,625 | 4,546,952 | 1,847,303 | ||||
San Gonzalo | 79,140 | 456,709 | 2,070 | - | 635,684 | ||||
Historic Above Ground Stockpiles | 202,830 | 215,312 | 1,397 | 272,070 | 380,766 | ||||
Consolidated | 708,764 | 1,286,382 | 8,092 | 4,819,022 | 2,863,753 | ||||
2018 | |||||||||
Grade & Recovery by Mine | Tonnes | Grade | Grade | Grade | Recovery | Recovery | Recovery | ||
Avino | 426,794 | 53 | 0.49 | 0.55 | 84% | 69% | 87% | ||
San Gonzalo | 79,140 | 222 | 1.03 | - | 77% | 75% | - | ||
Historic Above Ground Stockpiles | 202,830 | 58 | 0.41 | 0.16 | 57% | 52% | 38% | ||
Consolidated | 708,764 | 73 | 0.53 | 0.43 | 76% | 65% | 72% | ||
Q4 2018 | |||||||||
Production by Mine | Tonnes | Silver | Gold | Copper | AgEq | ||||
Avino | 101,104 | 132,092 | 1,078 | 1,256,347 | 465,139 | ||||
San Gonzalo | 19,437 Werbung Mehr Nachrichten zur Avino Silver & Gold Mines Aktie kostenlos abonnieren
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