ASM Avino Silver And Gold Mines Ltd (delisted)

Avino Silver and Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE
Amex:ASM)(OTCBB:ASGMF)(FRANKFURT:GV6)(BERLIN:GV6) (the "Company" or "Avino") is
pleased to provide the following update of activities at its Avinos mine
operation located near Durango, Mexico. 


SALE OF CONCENTRATE 

Avino is pleased to announce the sale of all its remaining copper concentrate
produced in 2011 from stockpiles of material left from previous mining of the
Avino Vein located on Avino's property near Durango, Mexico. The concentrate
grades approximately 2.2 kg/t silver and 25 g/t gold.


Shipment of the copper concentrate started last week and the remaining 7 or 8
truck loads are expected to be shipped and delivered to TMC's warehouse in
Manzanillo before the end of the month. The provisional payment for this lot
shipment is expected in late December or early January with the final payment
once the assays have been completed. Avino uses bonded carriers to ship its
concentrate and has the necessary insurance in place. 


The Company is currently in the final stages of negotiating an agreement for the
sale of the remaining San Gonzalo bulk concentrate. Shipment of the concentrate
will commence once the sale agreement has been finalized.


OPERATIONAL UPDATE

Milling operations are continuing with the processing of the old Avino vein
stockpiles at the rate of approximately 180 tpd. The feed grades are highly
variable depending on the location of the material. Typical silver feed grade
ranges from 60 to 120 g/t and gold from 0.6 to 1.5 g/t.


The Company is also pleased to report the construction of the power line from
the existing substations serving the mill and Avino mine to the San Gonzalo
portal is 60% complete. The approximate distance of the power line once complete
will be 2 km. The work was performed by a local contractor with supervision from
our staff and once complete will reduce consumption of diesel fuel, thus saving
costs.


With regards to the mine development work at San Gonzalo, the Company is pleased
to report the ramp to level 3 has been reached and work on the crosscut to the
vein is currently in progress. In addition work on the ramp to level 4 will
continue as well.


Technical information in this news release has been reviewed and approved by
Jasman Yee, P. Eng, the Company's Qualified Person as defined by NI 43-101.
Assays of mill products were performed by SGS Labs in Durango, Mexico.
Concentrate shipment assays were performed by ERSA and checked at ALS Minerals
in Vancouver, BC.


Founded in 1968, Avino's mission is to create shareholder value through
profitable organic growth at the historic Avino property near Durango, Mexico.
We are committed to managing all business activities in an environmentally
responsible and cost-effective manner, while contributing to the well-being of
the community in which we operate.


Our primary goal is to build a multi-million ounce-per-year silver producer. Our
specific objectives are to achieve full time commercial production as soon as
possible, expand resources, reserves and the mines output as well as to
identify, explore and develop new targets on the property. 


Avino remains in a good financial position; is debt free and well-funded to
continue its development plans.


For further information visit our website at www.avino.com.

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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