on Avino Silver & Gold Mines Ltd. (NASDAQ:ASM)
Avino Reports Strong Q1 2025 Production Results
Avino Silver & Gold Mines Ltd. has announced a robust first-quarter production for 2025, achieving 678,458 silver equivalent ounces. This represents an 8% increase over Q1 2024, attributed to higher grades in silver, gold, and copper, despite a slight reduction in mill throughput.
In detail, gold production surged by 25% with 2,225 ounces produced, driven by a 17% improvement in feed grade and better recoveries. Copper production rose by 19% to 1.6 million pounds, supported by a 17% increase in feed grade. Silver production increased by 6%, totaling 265,681 ounces. These gains coincide with the successful upgrade of the main jaw crusher.
Avino is continuing development at La Preciosa, with construction of a 360-meter decline progressing well. The company's financial results for Q1 2025 will be released on May 13, 2025, followed by an earnings call on May 14.
R. P.
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