Avino Silver drills 5.22 m of 781 g/t Ag at La Preciosa

Executive Summary

• Avino Silver & Gold Mines Ltd. released assay results for four additional drill holes at its La Preciosa project, specifically targeting the La Gloria and Abundancia veins.
• The drilling was conducted to twin previous holes, verifying the geometry of the current vein-based resource model and confirming that grades exceeded expectations.
• Significant high-grade silver and gold intercepts were reported, reinforcing the company's strategy of using underground mining methods to unlock deposit value.

Key Details

• Hole PMLP 25-06: Intercepted 787 g/t Ag and 0.51 g/t Au over 5.22 metres true width.
  • Includes a high-grade interval of 3,206 g/t Ag and 1.02 g/t Au over 0.77 metre true width.
• Hole PMLP 25-08 (La Gloria Vein): Intercepted 306 g/t Ag and 1.15 g/t Au over 3.98 metres true width.
  • Includes a high-grade interval of 699 g/t Ag and 5.80 g/t Au over 0.63 metre true width.
• Hole PMLP 25-08 (Abundancia Vein): Intercepted 463 g/t Ag and 0.61 g/t Au over 4.00 metres true width.
  • Includes a high-grade interval of 642 g/t Ag and 0.60 g/t Au over 0.95 metre true width.
• Drilling Summary: Assays were received on four holes totaling 915 metres drilled.
  • La Gloria vein intersected in all four holes.
  • Abundancia vein intersected in three holes.
  • Additional unnamed and splay veins intersected in one hole.
• Geological Context: Results verified the pinch-and-swell geometry of the La Preciosa veins and high nugget effects. The variation in grades and thicknesses within short distances (<10 metres) was consistent with expectations.
• QA/QC: Assays processed under standard QA/QC program with no bias or contamination detected. No copper values reported as the deposit lacks notable copper mineralization.
• Geological Setting: Mineralization is hosted in discrete polyphase quartz veins within the Sierra Madre Occidental. Principal silver-bearing mineral is acanthite. The deposit is characterized as an intermediate-sulphidation epithermal system.

Notable Quotes

• "We're excited to share continued strong results from four new drill holes at La Preciosa, each returning excellent grades that exceed the current resource average. These results reinforce the strategy of using underground mining methods to unlock the value of the deposit," said David Wolfin, president and chief executive officer.
• "Notably, the wider intercepts at La Gloria and Abundancia highlight the deposit's potential, especially early in the mine life. We'll continue to refine our geological model, expand drilling into underexplored areas and integrate ongoing channel sampling data as development advances on both veins in both direction at Level 3."