Avino Silver & Gold Mines: Advances La Preciosa as Cornerstone of Growth Strategy

Avino Silver & Gold Mines: Advances La Preciosa as Cornerstone of Growth Strategy

Higher-grade project and strong balance sheet support expansion plans.

Avino Silver & Gold Mines is positioning itself for significant growth with a plan to build three producing assets over the next five years. The company produces silver, gold and copper and holds more than 300 million ounces of silver equivalent, providing substantial exposure to the silver market.

The La Preciosa mine, currently under development, is expected to be a major contributor to that growth. Management notes that the project offers higher silver grades than current operations and will help expand overall production.

Avino has a long-standing relationship with Samsung C&T, selling its entire production to the global partner for the past ten years. The company also highlights a solid financial foundation, including approximately 100 million U.S. dollars in cash and no outstanding debt.

With listings in Toronto and New York and strong trading liquidity, Avino continues to advance its strategy toward multi-asset production.

For more information on Avino Silver & Gold Mines Ltd. (TSX: ASM, NYSE American: ASM)  please click the request investor info button.

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