Historic Production at the Avino Vein
The Avino Vein was mined during 27 years of open pit and underground production prior to 2001. It is 1.6km long and 60m wide on the surface and is situated right next to the processing plant.
Closure in 2001 Due to Low Metal Prices
The deepest level mined prior to 2001 was level 11.5 (330m below the surface). The mine was closed in November 2001 due to low metal prices (Silver US$4.37/oz, Gold US$283/oz, Copper US$0.65/lb) and the closure of a key smelter.
Production Achievements Before Closure
From 1997 - 2001, the mine and mill, averaged 1,000 tpd and achieved up to 1,300 tpd. During the final 3 full years of operation, production averaged 1.7 million ounces of silver equivalent annually
Redevelopment & Processing Plant Expansion
Following several years of redevelopment, the Company completed its Avino Mine and mill expansion in Q42014. Full scale underground operations commenced at the Elena Tolosa area of the mine on January 1, 2015, and commercial production was declared effective April 1, 2016 following a 19-month advancement and test period. Mineralized material from Elena Tolosa is processed into a copper –silver-gold concentrate using one of four bulk floatation circuits (Mill Circuit 3) at Avino’s on site processing plant at the rate of 1,000 tonnes per day (TPD).
In 2018, Avino completed an expansion to its processing plant with the addition of a fourth bulk flotation circuit (Mill Circuit 4) rated at 1,000 TPD; increasing the combined throughput capacity of the plant to 2,500 TPD.
Operating Data
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2025: In Q4 2025 and FY 2025,silver equivalent or “AgEq” was calculated using metal prices of $30.00 per oz Ag, $2,600 per oz Au and $4.17 per lb Cu.
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2024: In Q4 2024, AgEq was calculated using $31.34 per oz Ag, $2,662 per oz Au and $4.17 per lb Cu. For FY 2024, AgEq was calculated using metal prices of $28.24 per oz Ag, $2,387 per oz Au and $4.15 per lb Cu.
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2023: In Q4 2023, AgEq was calculated using metals prices of $23.23 oz Ag, $1,977 oz Au and $3.71 lb Cu. For FY 2023, AgEq was calculated using metals prices of $23.39 oz Ag, $1,943 oz Au and $3.85 lb Cu.
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Calculated figures may not add up due to rounding.
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