Avino Silver & Gold Mines Ltd: Progress Toward a Three-Asset Production Portfolio

Avino Silver & Gold Mines Ltd. (TSX: ASM, NYSE American: ASM) is executing an organic growth strategy that seeks to expand from its current single producing asset to three active mining sites. The company has identified the higher‑grade La Preciosa project as the primary driver of this expansion, with the objective of increasing production volumes and enhancing overall resource quality.

Strategic Focus on La Preciosa

La Preciosa is positioned as the flagship asset that will underpin Avino’s future production growth. By leveraging the higher grade of this project, the company aims to achieve a more efficient and cost‑effective increase in silver and gold output. The expansion plan includes the development of additional sites that complement the technical and operational synergies of La Preciosa.

Existing Resources and Offtake Agreements

Avino currently holds more than 300 million ounces of silver equivalent in its reserve base. The company maintains a decade‑long offtake partnership that provides a stable market for its production and supports long‑term revenue streams. These agreements are integral to the company’s financial planning and risk management as it moves into additional production sites.

Market Position and Financial Snapshot

  • Market Capitalization: 1.919 billion CAD (as of 2026‑02‑23)
  • Close Price: 12.24 CAD (2026‑02‑23)
  • 52‑Week High: 16.11 CAD (2026‑01‑28)
  • 52‑Week Low: 1.66 CAD (2025‑02‑27)
  • Price‑to‑Earnings Ratio: 63.36

These figures reflect the company’s valuation within the materials sector and its positioning relative to broader market movements. The high price‑to‑earnings ratio indicates market expectations of future growth, aligned with the company’s expansion objectives.

Operational Footprint

Avino’s operations span mineral exploration and mining properties in Mexico and Canada. The company’s focus on these jurisdictions is driven by the favorable regulatory environment, resource potential, and existing infrastructure. All operational details and updates are available through the company’s website, www.avino.com .

Recent Communications

On 27 February 2026, the company released a series of video clips featuring the CEO, emphasizing the transition to a three‑asset model and detailing the strategic importance of La Preciosa. The same day, the company’s message was reiterated in a news release distributed via Newsfile Corp. These communications serve to inform investors and stakeholders of the company’s strategic direction and operational milestones.

The information presented above is derived exclusively from the provided fundamentals and news items. No additional commentary or speculative statements are included.