AVINO REPORTS FATAL ACCIDENT AT PROPERTY

Rhea-AI Summary

Avino Silver & Gold Mines Ltd. (NYSE: ASM) reports a tragic workplace incident resulting in the loss of a contractor's employee at the Avino Mine in Durango, Mexico, as announced on April 5, 2023. The company's CEO, David Wolfin, expressed condolences to the deceased's family and colleagues. Despite this tragic event, Avino does not expect any disruption to production at the mine. Avino remains committed to supporting the Mexican authorities in their investigation. The company continues to focus on creating shareholder value through profitable growth and controls significant mineral resources totaling 368 million silver equivalent ounces. Operations remain environmentally responsible and cost-effective, ensuring the well-being of surrounding communities.

Positive

• The company controls significant mineral resources totaling 368 million silver equivalent ounces.
• Production at the Avino Mine is expected to remain unaffected by the accident.

Negative

• Tragic loss of a contractor's employee raises concerns about workplace safety.

VANCOUVER, BC, April 5, 2023 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) ("Avino" or "the Company") regrets to report the tragic loss of life of a contractor's employee at the Avino Mine Property in Durango, Mexico.

"On behalf of Avino, we extend our sincerest sympathies and support to the families, friends and colleagues of the deceased," stated David Wolfin, President and CEO of Avino.

Avino's management and staff are supporting the Mexican authorities with their investigation and currently Avino does not expect the accident to affect production from the Avino Mine.

About Avino:

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company's silver, gold and copper production remains unhedged. The Company's mission and strategy is to create shareholder value through its focus on profitable organic growth at the historic Avino Property and the strategic acquisition of the La Preciosa property. Avino currently controls mineral resources, as per NI 43-101, that total 368 million silver equivalent ounces, within our district-scale land package. We are committed to managing all business activities in a safe, environmentally responsible, and cost-effective manner, while contributing to the well-being of the communities in which we operate. We encourage you to connect with us on Twitter at @Avino_ASM and on LinkedIn at Avino Silver & Gold Mines. To view the Avino Mine VRIFY tour, please click here.

On Behalf of the Board

"David Wolfin"
________________________________
David Wolfin
President & CEO
Avino Silver & Gold Mines Ltd.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/avino-reports-fatal-accident-at-property-301791201.html

SOURCE Avino Silver & Gold Mines Ltd.

FAQ

What happened at Avino Silver & Gold Mines on April 5, 2023?

Avino Silver & Gold Mines reported a fatal accident involving a contractor's employee at their Avino Mine in Durango, Mexico.

Will the fatal accident affect Avino's production levels?

Avino management does not expect the accident to disrupt production at the Avino Mine.

What is the reported mineral resource size for Avino Silver & Gold Mines?

Avino controls mineral resources totaling 368 million silver equivalent ounces.

Who is the CEO of Avino Silver & Gold Mines?

David Wolfin is the President and CEO of Avino Silver & Gold Mines.