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ASM Avino Silver And Gold Mines Ltd (delisted)

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Share Name Share Symbol Market Type
Avino Silver And Gold Mines Ltd (delisted) TSXV:ASM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Avino Samples Further High Grade at San Gonzalo Mine

29/01/2013 12:00pm

Marketwired Canada


Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE MKT:ASM)(FRANKFURT:GV6)
("Avino" or "the Company") is pleased to provide the following update of
activities at its San Gonzalo Mine 80 km North East of Durango, Mexico.


San Gonzalo Development

Avino continues with underground development extending the decline from level 4
to level 5. The decline has advanced approximately 320 metres with 47 metres
remaining to reach the level 5 elevation of 2,130 metres. 


This week, Avino received several new pieces of equipment from Caterpillar which
will speed up the ramp advance to level 5. The new equipment was purchased using
Avino's new credit facility through Caterpillar announced in the news release
dated December 20th, 2012. The new equipment includes:




--  Scoop tram 
--  Jumbo 
--  Loader



On the level 4 (elevation 2,175 metres) of the San Gonzalo mine, Avino has been
mining both to the NW and SE of the bottom of the old shaft. Avino now has
sample assay results from 157 metres of the vein NW of the shaft and 197 metres
SE of the shaft. Avino is still waiting for assays from approximately 32 metres
at the end of the SE section.


Avino staff channel sample the face after each round. These samples are analyzed
for silver, gold, copper, lead and zinc by fire assay and AA methods at the
Company's lab at the mine, providing an estimate of vein width and grade.
Channel samples are then taken from the back and sent to be assayed by
Inspectorate Labs for public release in compliance with NI 43-101 (Refer to
assay methods in QA/QC section below). The lengths sampled to date are as
follows:




----------------------------------------------------------------------------
North West of Cross Cut (old shaft)                                         
----------------------------------------------------------------------------
Length along       Average    Silver      Gold    Copper      Lead      Zinc
 vein (m)        Width (m)     (g/t)     (g/t)     (ppm)     (ppm)     (ppm)
----------------------------------------------------------------------------
27.89                 1.88       702      3.45       740     8,260    10,810
----------------------------------------------------------------------------
14.14                 1.46        85      0.72       330     4,810     8,400
----------------------------------------------------------------------------
49.29                 2.07       494      2.54       790    14,820    26,100
----------------------------------------------------------------------------
10.18                 2.22     1,380      3.24     1,180     9,420    21,120
----------------------------------------------------------------------------
27.50                 1.91       335      1.37       700     7,180    13,350
----------------------------------------------------------------------------
9.38                  1.47        34      0.19       190     2,440     5,630
----------------------------------------------------------------------------
18.54                 1.26       226      0.78       300     2,760     4,860
----------------------------------------------------------------------------
156.92                                                                      
----------------------------------------------------------------------------
----------------------------------------------------------------------------
South East of Cross Cut (old shaft)                                         
----------------------------------------------------------------------------
Length along       Average    Silver      Gold    Copper      Lead      Zinc
 vein (m)        Width (m)     (g/t)     (g/t)     (ppm)     (ppm)     (ppm)
----------------------------------------------------------------------------
4.6                   1.47        13      0.09       110     1,660     2,080
----------------------------------------------------------------------------
30.72                 2.41       483      2.66       642     7,390    17,026
----------------------------------------------------------------------------
16.89                 1.38        61      0.40       710     1,690     2,490
----------------------------------------------------------------------------
8.07                  1.08        87      0.62       510     2,480     7,140
----------------------------------------------------------------------------
16.34                 1.18        23      0.14       180     1,290     2,690
----------------------------------------------------------------------------
9.0                   1.29       197      0.46       690     4,200     4,790
----------------------------------------------------------------------------
7.29                  1.30        97      0.76       630     5,350    11,390
----------------------------------------------------------------------------
6.19                  1.46        43      0.21       200       800     2,300
----------------------------------------------------------------------------
24.37                 1.87     1,141      3.28       800     4,600     6,700
----------------------------------------------------------------------------
13.53                 1.32       400      1.39       500     2,400     6,000
----------------------------------------------------------------------------
4.77                  0.88        72      0.79       600       600     1,500
----------------------------------------------------------------------------
4.47                  1.67       226      1.00     1,100     2,200     2,200
----------------------------------------------------------------------------
7.98                  2.40     1,336     11.32     1,300     6,600     5,500
----------------------------------------------------------------------------
10.85                 2.49       281      1.26       400     2,500     5,500
----------------------------------------------------------------------------
12.09                 1.25       137      0.71       500     1,300     2,700
----------------------------------------------------------------------------
4.33                  1.75       201      1.05       800     1,600     2,000
----------------------------------------------------------------------------
7.37                  1.10       367      0.93       800     1,800     3,200
----------------------------------------------------------------------------
7.82                  1.88       433      1.18       600     1,800     5,100
----------------------------------------------------------------------------
196.68                                                                      
----------------------------------------------------------------------------



The overall lengths shown in the Nov 1, 2012 news release have been
re-calculated over shorter more detailed lengths in order to facilitate stope
design.


Stope 4-100 (see long section on Avino's website:
http://www.avino.com/i/pdf/SGSamplesJan292013.pdf) is supplying material to
Avino's San Gonzalo stock pile. The long section map also shows that Avino has
started the initial cut on stope 4-200, which will mine material from below
stopes 3 and 2-200 along the high grade material shown in the above table.


Total stockpile tonnage from San Gonzalo to date is 17,753 tonnes and consists
of development and mineralized material from levels 2, 3 and 4 and the draw down
from stope 3-200.


There was no concentrate held in inventory after the first week of January as
all of the remaining 2012 production was shipped to Manzanillo and sold. 


Quality Assurance/Qualified Person(s)

Assays of the channel samples were analyzed at Inspectorate labs in Reno,
Nevada. Gold analyses were by 30-gram fire assay with an atomic absorption
finish. Gold "overlimits" were re-analyzed with 30g fire assay with a
gravimetric finish. Silver, copper, zinc and lead are analyzed as part of a
multi-element inductively coupled argon plasma ("ICP") package using a four-acid
digestion with over-limit results for silver and gold being reanalyzed with
assay procedures using fire assay and gravimetric.


Avino's projects are under the supervision of Chris Sampson, P.Eng, BSc, ARSM
Avino Consultant and Mr. Jasman Yee P.Eng, Avino director, who are both
qualified persons within the context of National Instrument 43-101. Both have
reviewed and approved the technical data in this news release.


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.


Avino's primary goal is to become a significant low-cost primary silver producer
with specific objectives to expand resources and reserves, to increase the mines
output and to identify, explore and develop new targets on the property.


ON BEHALF OF THE BOARD

David Wolfin, President & CEO

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 that it is our target to
become a significant low-cost primary silver producer, to expand our resources
and reserves, to increase the mines output and to identify, explore and develop
new targets on the property. 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. We are subject
to certain risks including those set forth in our annual report on Form 20-F and
other filings with the Securities and Exchange Commission and our filings on
SEDAR. We undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. You are cautioned not to unduly rely on such
forward-looking statements when evaluating the information presented herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Avino Silver & Gold Mines Ltd.
David Wolfin
President & CEO
604.682.3701
604.682.3600 (FAX)
ir@avino.com
www.avino.com

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