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Avino Silver & Gold Mines Ltd
Symbol ASM
Shares Issued 27,433,934
Close 2013-05-10 C$ 1.13
Market Cap C$ 31,000,345
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Avino Silver produces 66,719 oz AgEq in April

2013-05-13 10:02 ET - News Release

Mr. David Wolfin reports

AVINO APRIL PRODUCTION REPORT

Avino Silver & Gold Mines Ltd. has released its April, 2013, production results from the San Gonzalo mine and historic Avino mine surface stockpiles operations located on the Avino property near Durango, Mexico.

                            TOTAL APRIL PRODUCTION
                                                                     Total
                                                       Total  Total  Total
                                                      silver   gold   AgEq
                                                      produ- produ- produ-
           Days    Total   Feed   Feed  Recov- Recov-    ced    ced    ced
             of     mill  grade  grade    ery    ery     (oz)   (oz)   (oz)
          opera-    feed silver   gold silver   gold   calcu- calcu- calcu-
           tion       (t)  (g/t)  (g/t)    (%)    (%)  lated  lated  lated
San
Gonzalo
mine
(circuit
1)           29    6,460    274   1.36     81     73  45,899    206 57,235
Historic
above-
ground
stock-
piles
(circuit
2)           19    4,040     73  0.792     67     55   6,373     57  9,484
Total             10,500                              52,272    263 66,719

Silver-equivalent for April was calculated using a 55-to-1 ratio for 
silver to gold. Mill production figures have not been reconciled and are 
subject to adjustment with concentrate sales. Calculated figures may not 
add up due to rounding.

San Gonzalo production

Production numbers from April and the first quarter at San Gonzalo, as well as 2013 yearly totals are shown in the table.

                        SAN GONZALO PRODUCTION

                          January,  Februry,  March,  April,      YTD
                             2013      2013    2013    2013
Total mill feed (dry
tonnes)                     6,392     6,418   6,913   6,460    26,183
Average daily
throughput (tpd)              228       229     230     223     227.5
Days of operation              28        28      30      29       115
Feed grade silver (g/t)       315       306     307     274     300.5
Feed grade gold (g/t)        1.27      1.19     1.4    1.36     1.305
Bulk concentrate (dry
tonnes)                       197       166     206     202       771
Bulk concentrate grade
Silver (kg/t)                8.32      9.43    8.52    7.07     8.335
Bulk concentrate grade
Gold (g/t)                   29.1      30.4    34.5    31.7    31.425
Recovery silver (%)            81        80      83      81     81.25
Recovery gold (%)              70        66      73      73      70.5
Mill availability (%)        91.1        99    96.7    96.1    95.725
Total silver
produced (kg)               1,638     1,565   1,758   1,428     6,389
Total gold produced (g)     5,722     5,036   7,117   6,411    24,286
Total silver produced
(oz) calculated            52,779    50,315  56,513  45,899   205,506
Total gold produced (oz)
calculated                    184       162     229     206       781
Total silver-equivalent
produced (oz)              62,781    59,228  69,098  57,235   248,342

Silver-equivalent was calculated using a 55-to-1 ratio for silver to 
gold. Mill production figures have not been reconciled and are 
subject to adjustment with concentrate sales. Year-to-date and 
calculated figures may not add up due to rounding.

San Gonzalo April highlights

  • Total silver-equivalent ounces for April decreased by 17.2 per cent from March due to lower tonnage processed and lower silver feed grade.
  • The lower tonnage processed was due to one fewer operating days.
  • Lower silver feed grade was due to more development material processed.
  • Silver and gold recoveries were similar to March.
  • Production in May will contain more material from the stopes and less development material.

Circuit 2 production (historic above-ground stockpiles)

On April 11, 2013, Avino commissioned an additional 250-tonne-per-day circuit at its processing plant known as circuit 2. The circuit is currently being used to process historic above-ground stockpiles left from past mining of the Avino vein (for more information see news release dated April 29, 2013).

Prior to the San Gonzalo mine commencing production at the beginning of fourth quarter 2012, mill circuit 1 was used to process material from the same stockpiles. During the third quarter, circuit 1 produced 50,074 ounces of silver-equivalent, Avino expects output to be similar from circuit 2. Select production data from the third quarter and April, 2013, are presented in the table.

                             CIRCUIT 2 PRODUCTION

                                        July,   August,  September,    April,
                                        2012      2012        2012      2013

Total mill feed (dry tonnes)           6,052     6,528       7,435     4,040
Days of operation                       29.5        30          30        19
Feed grade silver (g/t)                71.74     77.37       71.74     73.00
Feed grade gold (g/t)                   1.36      1.06        0.86     0.791
Bulk concentrate (dry tonnes)          84.90    115.44      123.62     49.84
Bulk concentrate grade
silver (kg/t)                          2.991     3.015       2.983     3.977
Bulk concentrate grade gold (g/t)      49.47     33.79       30.85     35.30
Recovery silver (%)                    58.50     68.90       67.70     67.00
Recovery gold (%)                      51.00     56.40       58.50     55.00
Mill availability (%)                     95        97          97        63
Total silver produced (oz)                                                
calculated                             8,164    11,189      11,671     6,373
Total gold produced (oz)                                                  
calculated                               135       125         121        57
Total AgEq produced (oz)                                            
calculated                            14,914    17,439      17,721     9,484

Silver-equivalent for July through September was calculated using a 50-to-1 
ratio for silver to gold, for the month of April a 55-to-1 ratio was used. 
(The ratio was changed to reflect more current gold and silver prices.) 
Mill production figures have not been reconciled and are subject to 
adjustment with concentrate sales.

Circuit 2 April highlights

  • Feed grades in April from the historic stockpiles are similar to those of September, 2012, when processing of this material ceased.
  • Recoveries for silver and gold are similar but the concentrate grades are better.

Quality assurance/quality control

Mill assays are performed at the lab on-site at the mine. Check samples are verified by SGS laboratory Services in Durango, Mexico. Concentrate shipments are assayed at AH Knight in Manzanillo, Mexico.

Qualified person(s)

Avino's projects are under the supervision of Chris Sampson, PEng, BSc, ARSM Avino consultant, and Jasman Yee, PEng, Avino director, who are both qualified persons within the context of National Instrument 43-101. Both have reviewed and approved the technical data in this news release.

We seek Safe Harbor.

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