Why Invest In Avino?

Avino Mine - Production
On track for 2.2 to 2.4 million AgEq Oz in 2022

Tailings Project - Development
Comprehensive metallurgical testwork prgram to advance project to next phase of Development

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

290 million AgEq Oz - Consolidated NI 43-101 Mineral Resources at October 27, 2021

65% Silver - Acquisition of La Preciosa shifts resources to primarliy silver

Tailings Project - Future gold and silver production asset

La Preciosa - Future silver production asset

Avino - Regional exploration and resource expansion for future growth production

• Cash increased by $3.3 million in H1 2022, net of La Preciosa acquisition and capital expenditures
• Operating cash flow generated in H1 2022 will cover outstanding $5 million balance to Coeur Mining due March 2023
• Significant capital spending mostly complete for 2022
• Strong operating margins from Avino Mine

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

• Avino is in it’s 54th 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

• Dozens of exploration targets at the Avino mine, with strong exploration program
• Drill results from the Avino ET Area below level 17 drills high grade silver and copper in multiple holes and intercepts 206 AgEq g/t over 41 metres and drill 
• The 2022 drill program on the Oxide Tailings highlight results from 127 holes and show the continuity of tailings grade beyond previous known depostion footprint 

Avino’s operations in Mexico benefit greatly from abundant local skills, transportation, power and water. The Company’s drystack tailings facility is nearing completion, and it was chosen for its environmental, safety and economic advantages; reduces water consumption; and reduces the storage footprint by requiring less land.

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.