Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) reported January 2013 production results from its San Gonzalo mine operation in Mexico. There was a 10% increase in gold production over December and silver feed grades increased from 287 g/t in December to 315 g/t in January.
As quoted in the press release:
- The increase in silver and gold production resulted primarily from higher grades and improved recoveries.
- Silver and gold feed grades showed a steady increase and confirmed grades achieved in drilling.
- Recoveries for silver and gold showed a marked improvement due to ongoing upgrades to the mill and also the transition to more sulphides.
- Mill feed tonnage processed remained essentially the same from December due to a holiday closure and two days of shutdown for maintenance and service.
- January’s Average Daily Throughput of 228 tonnes decreased slightly from December but increased significantly from November’s rate of 218 tpd.
- Closing inventory of the San Gonzalo stockpile located near the crushing plant decreased to 16,730 tonnes from an opening inventory of 20,471 tonnes.
- During January the mine shipped and sold 194 tonnes of concentrate from December’s production.
Avino Silver & Gold Mines Ltd. President and CEO, David Wolfin said:
We are extremely pleased with the pattern of steady improvement in nearly all facets of our operation. Grades and recoveries are increasing with depth, as we have anticipated, and we expect this trend to continue as we leave the oxides and move into predominantly sulphide material.