Why Invest In Avino?

• Avino is in its 56th year
• Proven track record

Avino Mine - Production
2023 Full Year: 2.4M AgEq oz 
2024 target: 2.5M - 2.8M AgEq oz

La Preciosa - Development
Future silver production asset
Acquired March 2022 from Coeur Mining Inc. adjacent to Avino Mine in Durango

Oxide Tailings Project - Development
Pre-Feasibility study Completed
Proven & Probable Mineral resevers of 6.7 million tonnes

371 million AgEq Oz - Consolidated NI 43-101 Mineral Resources at October 16, 2023

60% Silver - Acquisition of La Preciosa shifts resources to primarliy silver

La Preciosa - Future silver production asset

Avino - Regional exploration and resource expansion for future growth production

Oxide Tailings Project - Future gold and silver production asset

Key Highlights - Q1 2024

• Reports $12.4 Million in Revenues 
• Positive net income and adjusted earnings
• Continued improved per ounce costs
• Operations generated cash flow - $2.3M inclusive of G&A expenses
• Imporved Working Capital byy $5M in last 12 months

Undervalued relative to our silver peers on P/NAV and EV/oz by many multiples

• Avino is in it’s 56th year of operations and mining in Mexico
• 100% Mexican labor force
• Implementation of industy best practices, and recently received The ESR® Award for Corporate Social Responsibility 
• Support the health, safety & wellness of our workforce in Mexico and Canada

The Company’s budgeted exploration and evaluation expenditures for 2024 will be focused on regional exploration and further understanding of the structural geology below the current Avino Mine production area, with no drilling planned. The Company’s priority is to move La Preciosa forward to development and production.

Avino’s operations in Mexico benefit greatly from abundant local skills, transportation, power and water. 

Dry-StackTailings Facility: The facility has been fully operational for a year. The conveyor system is installed and is currently transporting the pressed dry residues to various disused open pit areas. A tab is now available on our website that provides further information on our tailings management system, along with a video (in English and Spanish) from the mine site. In addition, a selection of short videos of the facility in operation can be viewed under Videos and Media.

We owe our long-term success to the team’s passionate commitment to our vision, values and growth model.

Silver is one of the world’s most important metals. Growing applications in industry, technology, medicine and other sectors, along with growing  investment demand, support silver’s long-term attractiveness.