VANCOUVER, July 19, 2016 /CNW/ – Avino Silver & Gold Mines Ltd. (ASM: TSX-V, ASM: NYSE–MKT, GV6: FSE, “Avino” or “the Company”) is pleased to report its second quarter 2016 production results from its Avino property near Durango, Mexico.
“Avino is pleased to report another solid quarter of production results. During the quarter we produced 629,780 silver equivalent ounces. In the same quarter last year, we produced 819,300 silver equivalent ounces, however, during the current quarter we replaced the bearings in the ball mill in Mill Circuit 3 which contributed to lower milling rates. Up to this quarter, Avino had delivered 11 consecutive quarters of comparative growth; with these repairs complete we’re excited about our ability to maintain smooth and consistent operations with the transition to commercial production at the Avino Mine now complete.
Overall, we experienced another exciting quarter. Not only did we transition to commercial production but we also received the remaining key permits to construct the new tailings storage facility which we plan to start before the end of the year. By achieving our milestones, and with the help of stronger metal prices, we continue to meet our objective of being a top-tier junior silver producer.”