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Cover for Avino Silver and Gold – Recapping Q1 2024 Financials and Operations, Looking Ahead To 5-Year Production Growth Plan

Avino Silver and Gold – Recapping Q1 2024 Financials and Operations, Looking Ahead To 5-Year Production Growth Plan

May 23, 2024
  • Company
KEReport
By KEReport
KEReport

David Wolfin, President and CEO of Avino Silver and Gold Mines (TSX;ASM – NYSE:ASM), joins me to recap the key takeaways from the Q1 2024 financials and operations, and then takes a deeper dive into the Company’s 5-year production growth plan, to become an intermediate silver producer, in Mexico.

David outlines the consistent silver, gold, and copper production coming from the Avino Mine, the upcoming development of the La Preciosa Project later this year, with commercial production expected early in 2025, and then the Oxide Tailings Project a few years out that all contribute to the 5-year production growth plan. We spend some time having him outline all the historic drilling, met work studies, community engagement, and scoping work that has already been completed on La Preciosa, making it shovel-ready now.  The Company is simply waiting on the final permits later this summer, to then begin putting in the decline and several months after that to start mining ore and shipping it over to the Avino processing plant. We also discuss the exploration upside at both the Avino Property and at La Preciosa for further potential to expand resources and mine life.

If you have any follow up questions for David or would like further information on any of the topics we discussed please email them to me at  Shad@kereport.com.

  • In full disclosure, Shad is a shareholder of Avino Silver & Gold at the time of this recording.

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The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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