Materials

Avino Reports Solid Q3 Results Amid Production Variances

Last Updated:
Reading Time
2 min

#Operational Highlights for Q3 2025

Avino Silver & Gold Mines Ltd. announced its operational results for the third quarter of 2025, reflecting sustained production capabilities despite a 13% decrease year-on-year in silver equivalent output. The company recorded a total of 580,780 silver equivalent ounces, a figure that met internal expectations but fell slightly short of past quarters due to natural variations in mining dynamics.

#Production Overview

The decrease in production was primarily attributed to lower feed grades across silver, gold, and copper. As operations transitioned to a section of the mine with reduced quality ore, silver output decreased to 263,231 ounces, while copper production fell to 1.3 million pounds. Conversely, gold production increased by 19% year-on-year, reaching 1,935 ounces, attributed to higher processing volumes and enhanced recovery rates.

#Milling Efficiency Improvements

Improved operational performance was evident through a 21% increase in mill availability compared to the same period last year, allowing for a significant throughput of 188,757 tonnes of material. These enhancements are the result of upgrades and automation implemented by the operations team, reinforcing Avino's operational consistency.

#Progress at La Preciosa

Avino is advancing its La Preciosa project ahead of schedule. As of the end of the quarter, the company has stockpiled over 6,700 tons of mineralized material from the Gloria and Abundancia veins, which is now being transported for processing. The team at La Preciosa has significantly ramped up activities, currently employing seventy personnel and ensuring that mining equipment is on-site.

#Financial Position and Guidance

The company's financial standing remains robust, with approximately US$55 million in cash as of September 30, 2025. Avino continues to anticipate annual production within its guidance range of 2.5 to 2.8 million silver equivalent ounces, supported by ongoing operational excellence and favorable movements in metal prices.

#Upcoming Developments

Looking ahead, Avino is preparing to release its unaudited Q3 financial statements on November 6, 2025, followed by a conference call on November 7 to discuss the results. The company is also planning further updates regarding its exploration programs and resource estimates in early 2026, as it continues to expand its operational capabilities.

#Key Takeaways

  • Avino produced 580,780 silver equivalent ounces in Q3 2025, a 13% decline from the previous year.
  • Higher gold production (+19%) helped offset declines in silver and copper output.
  • Mill availability improved by 21%, contributing to enhanced operational efficiency.
  • Significant progress at La Preciosa includes stockpiling of mineralized material ready for processing.
  • The company holds approximately US$55 million in cash, supporting ongoing growth initiatives.

Original source: Read original article

Frequently Asked Questions

In Q3 2025, Avino Silver & Gold Mines Ltd. produced 580,780 silver equivalent ounces. This figure reflects operational consistency, despite a 13% decrease from the previous year's quarter, largely attributed to natural mine sequencing.
Avino achieved a significant improvement in mill availability, increasing by 21% compared to Q3 2024. This enhancement contributed positively to overall throughput, showcasing the effectiveness of operational upgrades and positioning the company well for future production.
The company's consistent performance supports its annual production estimate of between 2.5 to 2.8 million silver equivalent ounces, indicating a robust outlook as operational efficiencies continue to develop.
Gold production saw a promising increase of 19%, totaling 1,935 ounces in Q3 2025, reflecting enhanced processing and recovery rates. In contrast, copper production declined due to lower feed grades, yet the overall operational strength provides a balanced outlook for future extraction.
Avino is making commendable progress at La Preciosa, having stockpiled over 6,700 tons of mineralized material, which is now being transported for processing. This advancement, ahead of schedule, signifies an exciting phase in the project's development.
As of September 30, 2025, Avino's balance sheet shows approximately US$55 million in cash, indicating a solid financial foundation to support the company’s growth strategy and operational goals moving forward.
Avino plans to release updates regarding its drilling programme and resource estimates by Q1 2026, which will provide valuable insights into the company’s long-term growth potential and mining plans.
Avino employs a rigorous quality control process for its mineral assays, conducted both on-site and verified by independent labs. This commitment to accuracy enhances investor confidence in the reported production figures.