Mr. David Wolfin reports

AVINO DELIVERS STRONG Q1 2025 PRODUCTION RESULTS; ANNOUNCES DATE OF Q1 EARNINGS CALL

Avino Silver & Gold Mines Ltd. has achieved strong first quarter 2025 production of 678,458 silver equivalent ounces.

Production highlights -- Q1 2025 (compared with Q1 2024):

• Silver equivalent production increased 8 per cent: Avino produced 678,458 silver equivalent ounces in Q1 2025, representing an 8-per-cent increase from Q1 2024. The increase was driven by improved grades in all three metals (silver, gold and copper) and offset by slightly lower mill throughput. All three metals saw increased production compared with Q1 2024.
• Gold production increased 25 per cent: Q1 2025 production of 2,225 gold ounces represented a 25-per-cent increase compared with Q1 2024. Improved feed grade of 17 per cent accounted for the majority of the increase, alongside significant improvements in recoveries to 75 per cent from 70 per cent in Q1 2024.
• Copper production increased 19 per cent: Avino produced 1.6 million pounds of copper in Q1 2025, a 19-per-cent increase compared with Q1 2024. The increase was driven by improved copper feed grade of 17 per cent as well as an increase in recoveries to 87 per cent from 84 per cent in Q1 2024.
• Silver production increased 6 per cent: Silver production for Q1 2025 was 265,681 ounces, representing a 6-per-cent increase compared with Q1 2024, with feed grade increases of 10 per cent driving the improvement over all. The increase was offset by a slight decrease in silver recoveries.
• Jaw crusher upgrades completed: In Q1 2025, replacement of the main jaw crusher was completed with limited downtime.

"Two thousand twenty-five is off to a strong start, with solid quarterly production of 678,458 ounces -- keeping Avino on track to meet our annual production target," said David Wolfin, president and chief executive officer of Avino. "I am proud of our exceptional operations team, who executed a jaw crusher replacement while maintaining regular mill operations and keeping us on track with our 2025 production guidance. Looking ahead, our team will be in expansion mode as we move forward with executing at La Preciosa. With blasting of the decline already under way following the receipt of operating permits in January, development at La Preciosa is progressing as anticipated and we are on track with our transformational growth plans."

La Preciosa update

Significant progress continues at La Preciosa mine. Blasting and construction of the relatively short 360-metre decline are under way and equipment mobilization has been swift, allowing development to advance on plan. The new jumbo drill is working on the San Fernando haulage ramp as it progresses toward intercepting the Gloria and Abundancia veins. Recent photos showcasing the work at La Preciosa are available on the Avino website.

As previously announced on Jan. 15, 2025, Avino has started underground development work at La Preciosa after receiving all required permits.

Earnings announcement

The company's unaudited condensed consolidated interim financial statements for the first quarter of 2025 will be released after the market closes on Tuesday, May 13, 2025.

A conference call to discuss the company's Q1 2025 operational and financial results will be held on Wednesday, May 14, 2025, at 8 a.m. PT/11 a.m. ET. To participate in the conference call or follow the webcast, please see the details below.

Shareholders, analysts, investors and media are invited to join the webcast and conference call by logging in on-line or by dialling the following numbers five to 10 minutes prior to the start time.

Toll-free:  888-506-0062

International:  1-973-528-0011

Participant access code:  480429

Participants will be greeted by an operator and asked for the access code. If a caller does not have the code, he or she can reference the company name. Participants will have the opportunity to ask questions during the question-and-answer portion.

The conference call and webcast will be recorded, and the replay will be available on the company's website later that day.

Quality assurance/quality control

Mill assays are performed at the Avino property's on-site lab. Check samples were submitted to SGS Labs in Durango, Mexico, for verification. Gold and silver assays are performed by the fire assay method with a gravimetric finish for concentrates and AAS (atomic absorption spectrometry) methods for copper, lead, zinc and silver for feed and tail-grade samples. All concentrate shipments are assayed by one of the following independent third party labs: Inspectorate in the United Kingdom, LSI in the Netherlands and AHK.

Qualified person

Peter Latta, PEng, MBA, Avino's vice-president, technical services, is a qualified person within the context of National Instrument 43-101 who has reviewed and approved the technical data in this news release.

About Avino Silver & Gold Mines Ltd.

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 intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through the company's growth at the historic Avino property and the strategic acquisition of the adjacent La Preciosa, which was finalized in Q1 2022. Avino currently controls mineral resources, as per NI 43-101, with a total mineral content of 371 million silver equivalent ounces within its district-scale land package. Early in 2024, the prefeasibility study on the oxide tailings project was completed. This study is a key milestone in its growth trajectory. As part of Avino's commitment to adopting sustainable practices, the company has been operating a dry-stack tailings facility for more than one year now with excellent results. Avino is 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 the company operates.

We seek Safe Harbor.