2.7 Million oz. of Silver and More to Come!
David Wolfin, President and CEO of Avino Silver and Gold Mines speaks about the 2.7 million ounces of silver equivalent produced last year.
Our flagship project is the Avino mine in Mexico; we operate two mines down there we have over 500 employees. We’ve been in business for over 50 years and we’re in our 32nd year of production. We’ve produced 2.7 million ounces of silver equivalent last year and this year we’re completing a major expansion, we’ve increased the capacity of the mill by 70% and that will be completed in March of this year. We’ve got two or three other growth strategy plans in Mexico, so over the next couple years we’re going to grow our production even more and we own a development mine in Canada called the Bralorne mine. It’s a very famous mine, it produced over 4 million ounces of gold and so we’re drilling it right now and our plan over the next couple of years is to bring that online. Our strategic partner is Samsung C&T; we sell all our metals to probably the largest corporation on the planet. Basically, they wanted to secure the source of the raw materials and know that it comes from a sensible company. When we signed the deal with them it put a seal of approval on our corporation.
Avino Silver & Gold Mines operates two silver mines in Mexico with a gold project under development in British Columbia. Through Avino’s 50-year history, our innovative and pioneering approach has fostered resilience, initiative, enterprise and long-term relationships while shaping Avino into one of the industry’s lowest-cost silver producers.
For more information on Avino Silver & Gold (ASM:TSX, NYSE American) please fill out the form below.