" For 2026, we allocated 30,000 m of drilling, split evenly between La Preciosa and our Avino mine. We are drilling below the mine’s lowest developed level, which has never been explored at depth."
Could you provide an update on the La Preciosa project?
We began developing La Preciosa in April 2025 with the construction of a 350 m de-cline. Mining initially focused on two veins, Gloria and Abundancia. By Q4 2025, we reached ore-grade material, which we transported to our processing plant at Avi-no. Both veins are wider than anticipated, prompting a shift from small-scale shrink-age stoping to long-hole mining. We began verifying historic drill data and re-drilled some holes. The results revealed grades higher than the 200 g/t AgEq previously reported, and confirmed underground mining will yield higher-grade material.
Read full GBR LATAM North and Caribbean Mining 2026 Report here