In the same category
Avino May Production Report
Published : June 06, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 6, 2013) - Avino Silver & Gold Mines Ltd. (News - Market indicators)(NYSE MKT:ASM)(FRANKFURT:GV6) ("Avino" or "the Company") is pleased to announce the May 2013 production results from its San Gonzalo mine and Historic Avino Mine Surface stockpiles operations located on the Avino property near Durango, Mexico.

  Days
of
Operation
Total
Mill
Feed
(metric
tonnes)
Feed
Grade
Silver
(g/t)
Feed
Grade
Gold
(g/t)
Recovery
Silver
(%)
Recovery
Gold
(%)
Total
Silver
Produced
(oz)
Calculated
Total
Gold
Produced
(oz)
Calculated
Total
Silver
Eq.
Produced
(oz)
Calculated
YTD
Silver
Eq.
Produced
Calculated
San Gonzalo (Circuit 1) 30 6,948 279 1.133 82 72 50,923 183 60,999 309,341
Historic Above Ground Stock Piles (Circuit 2) 30 5,917 84 0.701 64 51 10,264 68 14,023 23,588
Total 12,865   61,187 251 75,022 332,929

Silver equivalent for May was calculated using a 55:1 ratio for silver to gold. 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 encouraged to watch the operation at Avino grow and are excited to see what the coming months have in store as we continue to optimize our plant that is now operating at its current full capacity of 500 tonnes per day. We commend our team in Mexico for achieving the circuit 2 expansion on time and within budget. Avino will continue to run a lean operation as we prepare for our next expansion scheduled for completion in 2014 that will bring the plant's capacity to 1,500 tonnes per day".

David Wolfin, President, CEO and Director of Avino Silver and Gold Mines Ltd.

San Gonzalo Production

Production numbers from January through May at San Gonzalo, as well as 2013 yearly totals are reported as follows:

  Jan-13 Feb-13 Mar-13 Apr-13 May-13 Monthly Change % YTD SG
Total Mill Feed (dry tonnes) 6,392 6,418 6,913 6,460 6,948 7.6 33,130
Average Daily Throughput (tpd) 228 229 230 223 232 3.5 228.4
Days of Operation 28 28 30 29 30 3.4 145
Feed Grade Silver (g/t) 315 306 307 274 279 1.8 296
Feed Grade Gold (g/t) 1.27 1.19 1.4 1.36 1.13 (16.9) 1.27
Bulk Concentrate (dry tonnes) 197 166 206 202 209 4.0 980
Bulk Concentrate Grade Silver (kg/t) 8.32 9.43 8.52 7.07 7.58 7.2 8.14
Bulk Concentrate Grade Gold (g/t) 29.1 30.4 34.5 31.7 27.3 (13.9) 30.6
Recovery Silver (%) 81 80 83 81 82 1.2 81
Recovery Gold (%) 70 66 73 73 72 1.4 71
Mill Availability (%) 91.1 99 96.7 96.1 97.2 1.1 95.7
Total Silver Produced (kg) 1,638 1,565 1,758 1,428 1,584 10.9 7,972
Total Gold Produced (g) 5,722 5,036 7,117 6,411 5,698 (11.1) 29,984
Total Silver Produced (oz) calculated 52,779 50,315 56,513 45,899 50,923 10.9 256,429
Total Gold Produced (oz) calculated 184 162 229 206 183 (11.2) 964
Total Silver Equivalent Produced (oz) 62,781 59,228 69,098 57,235 60,999 6.6 309,341

Silver equivalent was calculated using a 55:1 ratio for silver to gold. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Year-to-date and calculated figures may not add up due to rounding.

San Gonzalo May Notes

  • Tonnes milled increased over April because of one additional operating day;
  • Gold grade decreased in April resulting in decreased gold production;
  • Silver feed grade was steady, higher tonnage processed resulted in higher silver production.

Circuit 2 Production (Historic Above Ground Stockpiles)

Milling operations continued at the new circuit 2 with the processing of existing surface stock piles left from past mining of the main Avino vein (see news release dated May 13 2013). Prior to the San Gonzalo mine commencing production at the beginning of Q4 2012, mill circuit 1 was used to process material from the same stockpiles. Select production data from Q3 2012 (Circuit 1) compared to production thus far in Q2 2013 using Circuit 2 is presented below:

Q3 2012 - Circuit 1 Q2 2013 - Circuit 2

  Jul
2012
Aug
2012
Sept
2012
  April
2013
May
2013
YTD
2013
 
Total mill feed - (dry tonnes) 6,052 6,528 7,435   4,040 5,917 9,957
Days of Operation 29.5 30 30   19 30 49
Feed grade Silver - g/t 71.74 77.37 71.74   73 84.23 80
Feed grade Gold - g/t 1.36 1.06 0.86   0.791 0.701 0.74
Bulk concentrate - (dry tonnes) 84.9 115.44 123.62   49.84 66.05 116
Bulk Concentrate Grade Silver (kg/t) 2.991 3.015 2.983   3.977 4.833 4.47
Bulk Concentrate Grade Gold (g/t) 49.47 33.79 30.85   35.3 32.19 33.5
Recovery Silver (%) 58.5 68.9 67.7   67 64.06 65
Recovery Gold (%) 51 56.4 58.5   55 51.29 53
Mill availability (%) 95 97 97   63 83  
Total Silver Produced (oz) calculated 8,164 11,189 11,671   6,373 10,264 16,637
Total Gold Produced (oz) calculated 135 125 121   57 68 125
Total Silver Eq. Produced (oz) calculated 14,914 17,439 17,721   9,484 14,023 23,588

Silver equivalent for July through September 2012 was calculated using a 50:1 ratio for silver to gold, for the month of April and May a 55:1 ratio was used. (The ratio was changed to reflect more current gold and silver prices.) Mill production figures have not been reconciled and are subject to adjustment with concentrate sales.

Circuit 2 May Notes

  • Mill availability improved over April but was still less than circuit 1;
  • Mill liners were changed and replaced with new rubber liners;
  • Issues with the ball mill drive shaft were discovered and corrected;
  • Feed grade and recoveries were within budget.

Quality Assurance/Quality Control

Mill assays are performed at the lab onsite at the mine. Check samples are verified by SGS laboratory Services in Durango, Mexico. Concentrate shipments are assayed at AH Knight in Manzanillo, Mexico.

Qualified Person(s)

Avino's projects are under the supervision of Chris Sampson, P.Eng., B.Sc., ARSM Avino Consultant and Mr. Jasman Yee, P.Eng., Avino director, who are both qualified persons within the context of National Instrument 43-101. Both have reviewed and approved the technical data in this news release.

About Avino

Founded in 1968, Avino's mission is to create shareholder value through profitable organic growth at the historic Avino property near Durango, Mexico. We are committed to managing all business activities in an environmentally responsible and cost-effective manner while contributing to the well-being of the community in which we operate.

ON BEHALF OF THE BOARD

David Wolfin, President & CEO

Safe Harbor Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including our belief as to the extent and timing of various studies including the PEA, and exploration results, the potential tonnage, grades and content of deposits, timing and establishment and extent of resources estimates. These forward-looking statements are made as of the date of this news release and the dates of technical reports, as applicable. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.

Such factors and assumptions include, among others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers, directors or promoters of with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the our common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In particular, the term "resource" does not equate to the term "reserve". The Securities Exchange Commission's (the "SEC") disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by SEC standards, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or of a jurisdiction in which its securities are traded. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Disclosure of "contained ounces" is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Avino Silver & Gold Mines Ltd.
David Wolfin
President & CEO
604.682.3701
604.682.3600 (FAX)
ir@avino.com
www.avino.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Avino Silver and Gold Mines

PRODUCER
CODE : ASM.TO
ISIN : CA0539061030
CUSIP : 460374 10 1
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Avino Silver is a silver and gold producing company based in Canada.

Avino Silver holds various exploration projects in Canada.

Its main asset in production is AVINO MINE in Mexico and its main exploration properties are MINTO, OLYMPIC-KELVIN, EAGLE and AUMAX in Canada.

Avino Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 71.3 millions as of today (US$ 52.4 millions, € 47.1 millions).

Its stock quote reached its lowest recent point on May 02, 2024 at CA$ 0.94, and its highest recent level on July 19, 2024 at CA$ 1.54.

Avino Silver has 52 440 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Avino Silver and Gold Mines
2006 Annual report
Option Grants of Avino Silver and Gold Mines
9/2/2016Stock Option and Restricted Share Unit Grants...more
Financials of Avino Silver and Gold Mines
3/23/2015Reports 2014 Financial Results of $2,514,169, $0.08 Per Shar...
Project news of Avino Silver and Gold Mines
10/15/2013Q3/September Production Report
9/9/2013August Production Report
8/8/2013July Production Report
6/6/2013May Production Report
5/13/2013April Production Report
4/5/2013Q1/March Production Report
3/14/2013February Production Report
2/12/2013January Production Report
1/7/2013December Production Report
11/7/2012October Production Report
10/24/2012Operational Update & Q3 Production Report
5/3/2011SAMPLES 2.10M of 536 g/t AG, 1.692 g/t AU AT SAN GONZALO
4/12/2011to Attend 2011 Chicago Resource Expo
2/18/2011(Avino Mine)PROVIDES UPDATE ON SAN GONZALO BULK SAMPLE AND 2011 DRILL PR...
2/2/2011(Avino Mine)PROVIDES UPDATE ON SAN GONZALO MINING & MILLING AND COMMENCE...
9/17/2008 REPORTS FURTHER HIGH-GRADE DRILL RESULTS FROM SAN GONZALO Z...
5/26/2008(Avino Mine) PROVIDES MEXICO PROGRESS UPDATE
4/24/2008(Avino Mine) San Gonzalo Vein Yields 93% Silver Recovery By Bulk Floatat...
9/26/2007Drills 1.50 metres, 1,511.8 g/t silver, 15.77 g/t gold at Sa...
8/15/2007(94.421 Au g/t over .5m)(1189.0 Ag g/t over .45m)
7/27/2007Intersects 3623.2 g/t Silver, 3.84 g/t Gold at San Gonzalo
Corporate news of Avino Silver and Gold Mines
6/29/2016Jun 29, 2016 Avino Announces Extension of Concentrates Prepa...
6/13/2016Jun 13, 2016 Avino Reports New Power Line Energized And Fina...
6/6/2016Jun 06, 2016 Avino Declares Commercial Production at its Sec...
6/1/2016Jun 01, 2016 Avino Reports Voting Results of Annual General ...
5/20/2016May 20, 2016 Avino Announces Proceeds to Date from the At-Th...
5/17/2016May 16, 2016 Avino Reports Q1 2016 Financial Results...more
1/18/2016Jan 18, 2016 Avino Production Up 116% Over 2014 To 3,020,348...
1/18/2016Avino production up 116% over 2014 to 3,020,348 oz silver eq...
11/4/2015Nov 03, 2015 Third Quarter 2015 Financial Results to be Rele...
11/3/2015Third Quarter 2015 Financial Results to be Released on Novem...
10/13/2015Oct 13, 2015 Avino Third Quarter 2015 Production Up 148 % Co...
10/13/2015Avino third quarter 2015 production up 148 % compared to the...
9/28/2015Sep 28, 2015 Avino Commences Concentrate Shipments Under Sam...
9/28/2015Avino commences concentrate shipments under Samsung agreemen...
8/19/2015Avino Reports Q2 2015 Financial Results: Earnings of $361,65...
8/19/2015Aug 18, 2015 Avino Reports Q2 2015 Financial Results: Earnin...
8/17/2015Aug 17, 2015 Avino Announces Closing of Concentrates Prepaym...
8/17/2015Avino announces closing of concentrates prepayment agreement...
8/4/2015Avino Silver & Gold Mines Ltd.: Second Quarter 2015 Financia...
8/3/2015Zacks Investment Ideas feature highlights: Avino Silver and ...
7/20/2015Jul 20, 2015 Avino Sample Results Confirm New Mineralization...
7/20/2015Avino Sample Results Confirm New Mineralization on Levels 3 ...
7/13/2015Jul 13, 2015 Avino Q2 2015 Production Up 167% Compared to Q2...
7/13/2015Avino Q2 2015 Production Up 167% Compared to Q2 2014
7/9/2015Jul 09, 2015 Avino Announces Concentrates Prepayment Agreeme...
7/9/2015Avino Announces Concentrates Prepayment Agreement With Samsu...
6/22/2015Jun 22, 2015 Avino Reports Results from 2014 / 2015 Bralorne...
6/22/2015Avino Reports Results From 2014 / 2015 Bralorne Gold Mine Dr...
4/13/2015Apr 13, 2015 Avino Q1 2015 Production Up 101% Compared To Q1...
4/13/2015Avino Q1 2015 Production Up 101% Compared to Q1 2014
3/23/2015Avino Reports 2014 Financial Results of $2,514,169, $0.08 Pe...
3/17/2015Mar 17, 2015 Fourth Quarter and Year End 2014 Financial Resu...
3/17/2015Avino Silver & Gold Mines Ltd.: Fourth Quarter and Year End ...
3/17/2015& Gold Mines Ltd.: Fourth Quarter and Year End 2014 Financia...
11/4/2013Completes Level 5 Sampling at San Gonzalo
10/1/2013& Gold Mines Ltd.: San Gonzalo Mine-Level 5 Underground Deve...
9/16/2013San Gonzalo Update
8/30/2013Reports Q2, 2013 Net Earnings of $1.45 Million "$0.05" per S...
8/13/2013Retains Consulting Mining Engineer
7/29/2013Recognized With Safety Award
7/24/2013Files Technical Report on SEDAR
7/12/2013& Gold Mines Ltd.: Re-Pricing of Insiders' Stock Option
7/5/2013Announces Results of Annual General and Special Meeting
5/6/2013Reports Earnings for First Quarter of Commercial Production ...
4/29/2013Doubles Processing Capacity to 500 Tonnes Per Day With Secon...
4/23/2013Announces Implementation of Shareholder Rights Plan
2/5/2013Provides 2012 Year End Summary and Outlook for 2013
1/29/2013Samples Further High Grade at San Gonzalo Mine
12/11/2012& Gold Mines Ltd.: Appointment of Chief Operating Officer
11/1/2012Samples 14,768 g/t Ag Over 0.4 m at San Gonzalo Mine
9/19/2012Operational Update
7/31/2012AVINO SILVER & GOLD MINES LTD. ENTERS INTO OPTION AGREEMENT ...
7/27/2012Avino Silver & Gold Mines Ltd. Resume Trading
7/18/2012AVINO SILVER & GOLD MINES LTD: CLARIFICATION AND RETRACTION...
6/12/2012Avino Silver & Gold Mines - Proxy Vote Reminder
7/18/2011Makes Further Progress at San Gonzalo and Guadalupe
7/11/2011REPORTS RESULTS OF SAN GONZALO BULK SAMPLE
6/9/2011COMPLETES SAN GONZALO BULK SAMPLING PROGRAM
4/6/2011Sells First 200 Tonnes of Concentrate From San Gonzalo Bulk ...
7/28/2010Featured in the Midas Letter
6/22/2010Releases New Corporate Video
5/28/2010At the 2010 World Resource Conference in Vancouver
5/5/2010At the 2010 New York Hard Assets Conference May 10-11, 2010
3/4/2010& Gold Mines Ltd - SAN GONZALO BULK SAMPLING PROGRAM UPDATE
1/28/2010& Gold Mines Ltd - San Gonzalo - Bulk Sample Update
12/1/2009Prepares For The 10.000 Tonne Bulk Sample
10/13/2009Reports on Progress Towards Bulk Sampling and Production
6/11/2009Update
2/17/2009& GOLD MINES LTD. - NEWS RELEASE
11/25/2008& Gold MInes Ltd - News Release
11/14/2008MEGA SILVER OPTIONS EAGLE VEIN PROPERTY KENO HILL, YUKON
9/10/2008to Attend 2008 Silver Summit
8/5/2008Reports On Progress Towards Bulk Sampling Program
7/25/2008Reports 4.75 Million Ounce Silver Resource From San Gonzalo ...
6/5/2008TO EXHIBIT AT CAMBRIDGE HOUSE VANCOUVER 2008
9/14/2007& Gold Mines, David Morgan to attend Silver Summit 2007
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (ASM.TO)
1.36-3.55%
TORONTO
CA$ 1.36
09/18 17:00 -0.050
-3.55%
Prev close Open
1.41 1.40
Low High
1.36 1.44
Year l/h YTD var.
0.960 -  1.51 28.30%
52 week l/h 52 week var.
0.960 -  1.51 -
Volume 1 month var.
128,090 -2.86%
Produces Gold - Silver
Develops
Explores for Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 9/28/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.06+0.57%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.98-1.97%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-3.26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.05-0.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.71+1.19%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+4.69%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.80-0.55%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.35-0.27%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.