Avino Silver & Gold Mines Ltd. (ASM) Earnings Call Transcript & Summary

Avino has been in business for 56 years in Mexico. Avino is a unique company because it's a family-run business, my father founded the company in 1968. We've got a large endowment of silver equivalent, 371 million ounces and 70 million metric tons, which represent over 5 decades of mine life. The key projects are the producing Avino Mine and the recently acquired La Preciosa mine from Coeur, which is 19 kilometers away. We're breaking ground on that now. And then our Oxide Tailings project, which is about 3 to 4 years out, but it's a 5-year plan to triple our output. Avino just announced its service rights agreement on La Preciosa. So we're breaking ground there. We've started to haul some surface stockpiles, and we're excited about the future of La Preciosa.