Avino Silver & Gold Mines reports Q2 production 587,317 silver equivalent ounces

Silver equivalent production decreased 10% to 587,317 ounces. Silver production increased 3% to 232,417 ounces. Copper production decreased 12% to 1.45M pounds. Gold production increased 13% to 1,520 ounces. Mill throughput increased by 33% to 157,371 tons. “The Avino Mine continued to provide stable production results in the second quarter of 2023, albeit impacted by mining in lower grade areas and certain mill equipment delivery delays, which are now behind us,” said David Wolfin, president and CEO of Avino. “These challenges provided us with the opportunity to implement upgrades to the haulage ramp that has since allowed us to exceed original underground maximum haulage rates. With these upgrades, we expect production to catch up to our internal guidance in the second half of the year. On the exploration side, we are thrilled with the outstanding drill results from below Level 17 released earlier this month which further demonstrates that the Avino Mine continues to get better as we explore at depth. Finally, we remain focused on the execution of our 5-year growth plan.”