Avino Silver & Gold Mines Releases February 2013 Production Results from San Gonzalo

Gold Investing

Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) reported their February 2013 production results from the San Gonzalo mine in Mexico. Grade of concentrate produced was higher in February than January and the gold recovery was 4% lower, which could be the result of producing a higher grade concentrate, since higher concentrate grades typically result in lower recoveries.

 Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) reported their February 2013 production results from the San Gonzalo mine in Mexico. Grade of concentrate produced was higher in February than January and the gold recovery was 4% lower, which could be the result of producing a higher grade concentrate, since higher concentrate grades typically result in lower recoveries.

As quoted in the press release:

February Highlights

  • Grade of concentrate produced was higher in February than January resulting in fewer tonnes of concentrate.
  • Silver and gold production decreased slightly compared to January due to lower silver and gold feed grades and gold recovery.
  • Tonnes processed were essentially the same as in January.
  • A scheduled down day was deferred until March, resulting in 28 operating days for February.
  • Silver recovery was similar to January but the gold recovery was 4% lower. The lower recovery could be the result of producing a higher grade concentrate (higher concentrate grades typically result in lower recoveries)
  • During the month, 10 truckloads of concentrate weighing 337.435 dry tonnes were shipped and sold.

Click here to read the Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) press release

See this press release on Marketwire
Click here to see the Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) profile

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