ASM Avino Silver And Gold Mines Ltd (delisted)

Avino Silver & Gold Mines Ltd. (TSX
VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) ("Avino") is pleased to
provide the following update on the San Gonzalo Bulk Sampling Program. Since
January 15 of this year, the mining contractor (DMG) has advanced a total of 119
metres of the 4m x 4m decline with about 111 metres to go before reaching the
San Gonzalo vein. At the current rate of advance, it is expected the decline
will be completed by late March to early April. The mining method selected for
the bulk sample is shrinkage/stope with drifts heading East and West from the
point of the decline intersection with the vein.


It is interesting to note during the advance of the decline, a small vein was
intersected on February 4. Mineralization and rusty brown staining of the vein
material were noted. This is encouraging and suggests that there could be other
potential unknown parallel veins or structures that could be encountered while
driving the ramp.


Construction of the mine surface facilities near the entrance to the decline is
making good progress, the fuel storage tank with its containment is nearly
complete and foundations for the mechanic shop and mine office have been poured
with roof and cladding to be installed.


At the process plant, the issues with the power company (CFE) have been resolved
and commissioning of the new jaw crusher has been completed with no major
mechanical or electrical deficiencies. The 41/4ft Symons cone crusher with all
new bushings and socket liner is slated for testing this week together with the
8x6 ball mill.


Laboratory supplies are currently being purchased in preparation for putting the
mine laboratory facilities back into service with the hiring of the assayer. The
new AA machine is now on site and commissioning, training and testing is
scheduled to begin once a suitable date with the supplier can be arranged.


Metallurgical testing of stockpile material has been completed by SGS Labs in
Durango. The results show a reasonable copper concentrate of about 18% copper
can be generated with approximate recoveries of 78%, 72% and 60% for copper,
silver and gold respectively.


Discussions are underway with potential buyers of this copper concentrate
product together with the product expected from the San Gonzalo bulk sample.
Economics can then be updated to confirm those used previously.


According to the mine records, there are approximately 30,000 tons of older
stockpile materials grading 0.41% Cu, 90g Ag/t and 1.1g Au/t that are available
for tuning up the refurbished 250tpd plant circuit.


Founded in 1968, Avino has established a long record of mining and exploration
in Mexico. The Company's focus is to bring the property to production. Avino
remains well funded.


ON BEHALF OF THE BOARD

David Wolfin, President 

This release contains statements that are forward-looking statements and are
subject to various risks and uncertainties concerning the specific factors
disclosed under the heading "Risk Factors" and elsewhere in the Company's
periodic filings with Canadian securities regulators. Such information contained
herein represents management's best judgment as of the date hereof based on
information currently available. The Company does not assume the obligation to
update any forward-looking statement.

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