Avino Announces Q2 Production Including Substantial Year-Over-Year Production Increases

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 10, 2014) - Avino Silver and Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE MKT:ASM)(GV6.F) ("Avino" or "the Company") is pleased to report its Q2 2014 production results from its Avino property, located 80km northeast of Durango, Mexico.

Production Highlights for Second Quarter, 2014 (Compared to Second Quarter, 2013)

  • Silver production increased 27% to 223,183 oz

  • Gold production increased 47% to 1,157 oz

  • Silver equivalent production increased 32% to 295,531 oz*

* For comparison purposes, a silver equivalent ratio of 62.5:1 for silver to gold has been used. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding.

We are happy to report our Q2 results which demonstrate the continued consistency of our operations. Avino is on track to significantly increase its annual production over 2013 for Circuits 1 and 2; in addition, Circuit 3 is expected to come online at 1,000 tonnes per day in Q4 which should further increase our production growth relative to 2013.

- David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Consolidated 2nd Quarter 2014 Production Highlights*
Comparative production numbers from Q2 2014 and Q2 2013 are presented below:

Q2
2014

Q2
2013

Quarterly
Change %

2014
YTD Totals

Total Silver Produced (oz) calculated

223,183

175,166

27.4

455,584

Total Gold Produced (oz) calculated

1,157

786

47.3

2,430

Total Silver Eq. Produced (oz) calculated

295,531

224,291

31.8

607,531

* For comparison purposes, a silver equivalent ratio of 62.5:1 for silver to gold has been used. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding.

Q2 San Gonzalo Production Highlights*

Comparative figures for Q2 2014 and Q2 2013 for the San Gonzalo mine are presented below as well as 2014 year-to-date totals:

Q2
2014

Q2
2013

Quarterly
Change %

2014
YTD Totals

Total Mill Feed (dry tonnes)

20,400

19,988

2.1

40,185

Average Daily Throughput (tpd)

232

227

2.1

231

Days of Operation

88

88

0.0

174

Feed Grade Silver (g/t)

334

280

19.2

344

Feed Grade Gold (g/t)

1.86

1.22

53.0

1.94

Bulk Concentrate (dry tonnes)

545

636

(14.4

)

1,197

Bulk Concentrate Grade Silver (kg/t)

10.44

7.28

43.4

9.67

Bulk Concentrate Grade Gold (g/t)

53.65

28.10

90.9

49.85

Recovery Silver (%)

84

83

0.7

84

Recovery Gold (%)

77

73

5.3

77

Mill Availability (%)

97.1

96.4

0.7

96.9

Total Silver Produced (kg)

5,688

4,634

22.8

11,571

Total Gold Produced (g)

29,221

17,849

63.7

59,662

Total Silver Produced (oz) calculated

182,884

149,004

22.7

372,022

Total Gold Produced (oz) calculated

939

574

63.7

1,918

Total Silver Equivalent Produced (oz) calculated

241,600

184,879

30.7

491,908

* For comparison purposes, a silver equivalent ratio of 62.5:1 for silver to gold has been used. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding.