Heiko Ihle

Joseph Reagor

Jacob Sekelsky

Matthew O'Keefe

Chen Lin

Jake Sekelsky

John Tumazos

- Avino Silver & Gold Mines Ltd. (ASM) reported **positive drill results** from **four additional holes** at its **La Preciosa project** on **October 27, 2025**.  **[316888_0001477932-25-007752_avino_6k.htm:0]** **[316888_0001477932-25-007752_avino_ex991.htm:0]** 
- **Selected intercept highlights** include **787 g/t Ag and 0.51 g/t Au over 5.22 metres true width** in Hole PMLP 25-06 at La Gloria, and **306 g/t Ag and 1.15 g/t Au over 3.98 metres true width** in Hole PMLP 25-08 at La Gloria.  **[316888_0001477932-25-007752_avino_ex991.htm:0]** **[316888_0001477932-25-007752_avino_ex991.htm:1]** 
- These results **exceeded grade expectations** and **verified the geometry of the current vein-based resource model**, reinforcing the strategy of using underground mining methods to unlock the deposit's value.  **[316888_0001477932-25-007752_avino_ex991.htm:0]**

Avino Silver & Gold Mines Ltd. announces high-grade silver and gold drill results at La Preciosa

- Avino Silver & Gold Mines Ltd. produced **580,780 silver equivalent ounces** in **Q3 2025**, representing a **13% decrease** compared to Q3 2024, but the company remains on track to meet its original annual production estimate of 2.5 to 2.8 million silver equivalent ounces.  **[316888_0001477932-25-007514_avino_ex991.htm:0]** **[316888_0001477932-25-007514_avino_ex991.htm:1]** 
- Operational highlights for Q3 2025 include a **21% increase in mill throughput** to **188,757 tonnes** and a **19% increase in gold production** to **1,935 ounces** compared to Q3 2024.  **[316888_0001477932-25-007514_avino_ex991.htm:0]** **[316888_0001477932-25-007514_avino_ex991.htm:1]** 
- The company held approximately **US$55 million in cash** as of September 30, 2025.  **[316888_0001477932-25-007514_avino_ex991.htm:1]** 
- The La Preciosa project is advancing ahead of schedule, with **6,700 tons of mineralized material stockpiled** by the end of Q3 2025, and trucking to the Avino Mill for processing has commenced.  **[316888_0001477932-25-007514_avino_ex991.htm:1]**

Avino Silver & Gold Mines Ltd. Reports Q3 2025 Production Results and La Preciosa Advancement

- **Avino Silver & Gold Mines Ltd. (ASM)** announced its inclusion in the **Market Vectors Junior Gold Miners Index ("MVGDXJTR")** and the **VanEck Junior Gold Miners ETF ("GDXJ")**.  **[316888_0001477932-25-006774_avino_ex991.htm:0]** 
- This inclusion is effective at market close on **September 19, 2025**, following the GDXJ's semi-annual review and quarterly rebalance.  **[316888_0001477932-25-006774_avino_ex991.htm:0]** 
- President and CEO David Wolfin stated that this milestone **reinforces the investment case for Avino** and positions the company to attract a broader base of institutional and retail investors.  **[316888_0001477932-25-006774_avino_ex991.htm:0]** 
- The company anticipates that inclusion in the GDXJ may **increase Avino's common share liquidity** and further position it as an attractive investment opportunity.  **[316888_0001477932-25-006774_avino_ex991.htm:0]**

Avino Silver & Gold Mines Announces Inclusion in Global Junior Gold Miners Index

- Avino Silver & Gold Mines Ltd. has acquired **100% ownership** of its La Preciosa project by purchasing and extinguishing all outstanding royalties and contingent payment obligations from Deterra Royalties Limited.  **[316888_0001477932-25-006201_avino_ex991.htm:0]** 
- The acquisition involved an **immediate cash payment of $13.25 million** and an additional **$8.75 million cash payment deferred for one year**.  **[316888_0001477932-25-006201_avino_ex991.htm:0]** **[316888_0001477932-25-006201_avino_ex991.htm:1]** 
- The upfront payment was funded from Avino's existing cash on hand, which was approximately **$48 million** immediately prior to the acquisition.  **[316888_0001477932-25-006201_avino_ex991.htm:1]** 
- This transaction is expected to **lower La Preciosa's operating cost profile** and enhance project economics, with first production targeted for **late 2025**.  **[316888_0001477932-25-006201_avino_ex991.htm:0]** **[316888_0001477932-25-006201_avino_ex991.htm:1]**

AVINO SILVER & GOLD MINES (ASM)