Assets and Location
Avino Silver & Gold Mines is a primary silver producer and explorer in Mexico
- Mexico’s next intermediate producerProject Portfolio
Avino Mine - Production
On track for 2.2 to 2.4 million AgEq Oz in 2022Tailings Project - Development
Comprehensive metallurgical testwork prgram to advance project to next phase of DevelopmentLa Preciosa - Development
Acquired March 2022 from Coeur Mining Inc. adjacent to Avino Mine in DurangoLarge Silver Equivalent Resource Base
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
Catalysts for Growth
Tailings Project - Future gold and silver production asset
La Preciosa - Future silver production asset
Avino - Regional exploration and resource expansion for future growth production
Financial Performance
- 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 Peers
Undervalued relative to our silver peers on P/NAV and EV/oz by many multiples
Award winning CSR/ESG Initiatives
- 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
Exploration Targets
- 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
Advanced Infrastructure
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.
Commitment
We owe our long-term success to the team’s passionate commitment to our vision, values and growth model.
Silver Use Expanding
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.
Why Invest In Avino?
Assets and Location
Project Portfolio
Large Silver Equivalent Resource Base
Catalysts for Growth
Financial Performance
Undervalued Relative to our Peers
Award winning CSR/ESG Initiatives
Exploration Targets
Advanced Infrastructure
Commitment
Silver Use Expanding