Avino Announces $5 Million Credit Facilty With Caterpillar Finance

Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE
MKT:ASM)(BERLIN:GV6)(FRANKFURT:GV6) ("Avino" or "the Company") is pleased to
announce that its Mexican subsidiary COMPANIA MINERA MEXICANA DE AVINO, S.A. DE
C.V. has entered into a master credit facility with CATERPILLAR CREDITO, S.A. DE
C.V., SOFOM, ENR ("Caterpillar Finance") for up to US $5 million. 


The credit facility bears interest at rates ranging from 0% to 4.95% per annum.
Equipment leased under the credit facility has terms of 18 months to 60 months.
These terms are dependent on the Company's requirements and equipment acquired. 


The Company is very pleased about the new credit facility arrangement with
Caterpillar Finance as it will help the Company to advance its current
operations at San Gonzalo and to reopen the Avino Mine. With the credit facility
in place, the Company has initiated the acquisition of the following pieces of
mining equipment and expects to receive them by December 31, 2012 or shortly
thereafter; the equipment being acquired for delivery before the end of the year
represents about a third of the credit facility:




--  Caterpillar 420F Backhoe loader 
--  Caterpillar R1600 Scoop tram 
--  Oldenburg underground rock drill. 



About Avino

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 become a significant low cost primary 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.


ON BEHALF OF THE BOARD

David Wolfin, President & CEO

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.


Safe Harbor Statement - This news release contains "forward-looking information"
and "forward-looking statements" (together, the "forward-looking statements")
within the meaning of applicable securities laws and the United States Private
Securities Litigation Reform Act of 1995, including our belief as to the extent
and timing of various studies including the PEA, and exploration results, the
potential tonnage, grades and content of deposits, timing and establishment and
extent of resources estimates. These forward-looking statements are made as of
the date of this news release and the dates of technical reports, as applicable.
Readers are cautioned not to place undue reliance on forward-looking statements,
as there can be no assurance that the future circumstances, outcomes or results
anticipated in or implied by such forward-looking statements will occur or that
plans, intentions or expectations upon which the forward-looking statements are
based will occur. While we have based these forward-looking statements on our
expectations about future events as at the date that such statements were
prepared, the statements are not a guarantee that such future events will occur
and are subject to risks, uncertainties, assumptions and other factors which
could cause events or outcomes to differ materially from those expressed or
implied by such forward-looking statements.


Such factors and assumptions include, among others, the effects of general
economic conditions, the price of gold, silver and copper, changing foreign
exchange rates and actions by government authorities, uncertainties associated
with legal proceedings and negotiations and misjudgments in the course of
preparing forward-looking information. In addition, there are known and unknown
risk factors which could cause our actual results, performance or achievements
to differ materially from any future results, performance or achievements
expressed or implied by the forward-looking statements. Known risk factors
include risks associated with project development; the need for additional
financing; operational risks associated with mining and mineral processing;
fluctuations in metal prices; title matters; uncertainties and risks related to
carrying on business in foreign countries; environmental liability claims and
insurance; reliance on key personnel; the potential for conflicts of interest
among certain of our officers, directors or promoters of with certain other
projects; the absence of dividends; currency fluctuations; competition;
dilution; the volatility of the our common share price and volume; tax
consequences to U.S. investors; and other risks and uncertainties. Although we
have attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results not
to be as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. We are under no obligation to update or alter any forward-looking
statements except as required under applicable securities laws.


Cautionary Note to United States Investors - The information contained herein
and incorporated by reference herein has been prepared in accordance with the
requirements of Canadian securities laws, which differ from the requirements of
United States securities laws. In particular, the term "resource" does not
equate to the term "reserve". The Securities Exchange Commission's (the "SEC")
disclosure standards normally do not permit the inclusion of information
concerning "measured mineral resources", "indicated mineral resources" or
"inferred mineral resources" or other descriptions of the amount of
mineralization in mineral deposits that do not constitute "reserves" by SEC
standards, unless such information is required to be disclosed by the law of the
Company's jurisdiction of incorporation or of a jurisdiction in which its
securities are traded. U.S. investors should also understand that "inferred
mineral resources" have a great amount of uncertainty as to their existence and
great uncertainty as to their economic and legal feasibility. Disclosure of
"contained ounces" is permitted disclosure under Canadian regulations; however,
the SEC normally only permits issuers to report mineralization that does not
constitute "reserves" by SEC standards as in place tonnage and grade without
reference to unit measures.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Avino Silver & Gold Mines Ltd.
David Wolfin
President  & CEO
604.682.3701
604.682.3600 (FAX)
[e-mail]
www.avino.com