Avino Silver & Gold Mines Ltd.
TSX VENTURE : ASM
OTC Bulletin Board : ASGMF
BERLIN : GV6
FRANKFURT : GV6

Avino Silver & Gold Mines Ltd.

January 16, 2008 08:00 ET

Drilling Continues at Avino's Durango Mexico Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) continues drilling on two zones at its large Avino property located 80kms north east of Durango, Mexico.

The two drills at work on the property have been exploring the San Gonzalo deposit and the ET zone on the main Avino vein from which the company mined gold, silver and copper ore from 1975 through 2001.

The San Gonzalo drilling was completed with hole SG-07-40. Drilling at Veta Avino ET zone was completed for 2007 with hole ET-07-12.

The Company is pleased to release results from holes SG-07-32 thru 40. These San Gonzalo holes are on the south east side of the old workings. Location of the drill holes can be viewed on Avino's website: www.avino.com. All lengths are down hole.

Details are as follows:

SG-07-32 (Bearing 215 - Dip 70 - Length 390.2m)

Intersection 392.50 - 397.75m (5.25m), 0.49 g/t gold, 54 g/t silver (0.01oz/t gold, 1.57oz/t silver).

Detailed intersections:



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
392.50 393.20 0.70 Hanging wall 2.1490 0.06 192.8 5.62 710 1484 1153
vein
---------------------------------------------------------------------------
393.20 394.60 1.40 Strong silicif 0.1230 0.004 24.1 0.70 176 393 1081
and quartz
veining. San
Gonzalo System
---------------------------------------------------------------------------
394.60 396.20 1.60 " 0.1400 0.004 7.7 0.22 59 148 522
---------------------------------------------------------------------------
396.20 397.75 1.55 San Gonzalo 0.4190 0.01 65.9 0.92 116 528 919
vein System
---------------------------------------------------------------------------


SG-07-33 (Bearing 209 - Dip 45 - Length 130.60m)

Intersection 116.15 - 123.60m (7.45m), 0.69 g/t gold, 127.6 g/t silver (0.02 oz/t gold, 3.722 oz/t silver).

Detailed intersections:



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
116.15 117.15 1.00 San Gonzalo 0.283 0.01 264.3 7.71 361 8295 25100
vein
---------------------------------------------------------------------------
117.15 118.40 1.25 San Gonzalo 0.337 0.01 205.5 5.99 659 7934 32900
vein
---------------------------------------------------------------------------
118.40 119.55 1.15 San Gonzalo 0.934 0.03 90.4 2.64 475 10000 39300
vein
---------------------------------------------------------------------------
119.55 120.50 0.95 San Gonzalo 0.168 0.005 76.1 2.22 193 2418 7965
vein
---------------------------------------------------------------------------
120.50 121.85 1.35 San Gonzalo 1.996 0.06 126.8 3.70 878 31400 17400
vein
---------------------------------------------------------------------------
121.85 122.70 0.85 San Gonzalo 0.378 0.01 60.8 1.77 954 17700 61800
vein
---------------------------------------------------------------------------
122.70 123.60 0.90 San Gonzalo 0.115 0.003 33.8 0.99 192 1495 1573
vein
---------------------------------------------------------------------------


Holes SG-07-34, 35 and 36 were drilled on the south west side of the San Gonzalo ore zone. They define the edge of the ore zone. They intersected only narrow low grade gold silver mineralization as follows:

SG-07-34 (Bearing 215 - Dip 45 - Length 100m)



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
161.50 162.60 1.10 San Gonzalo 0.258 0.008 28.0 0.82 60 129 231
vein
---------------------------------------------------------------------------
162.60 163.95 1.35 Silicif tuff 0.072 0.002 6.8 0.20 9 42 285
---------------------------------------------------------------------------
163.95 165.02 1.10 Quartz veining 0.050 0.001 7.0 0.20 26 43 220
---------------------------------------------------------------------------
165.05 166.20 1.15 Quartz veining 0.066 0.002 5.1 0.15 22 43 355
---------------------------------------------------------------------------
166.20 167.30 1.10 San Gonzalo 0.058 0.002 19.7 0.57 24 58 822
vein
---------------------------------------------------------------------------


SG-07-35 (Bearing 209 - Dip 45 - Length 272.15m)



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
195.40 196.05 0.65 San Gonzalo 2.254 greater 194 947 1397
vein than
200
---------------------------------------------------------------------------


SG-07-36 (Bearing 215 - Dip 45 - Length 102.15m)



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
65.30 65.65 0.35 San Gonzalo less 0.000 6.0 0.17 13 60 520
vein than
0.005
---------------------------------------------------------------------------
78.05 78.80 0.75 Los Angeles 0.030 0.001 12.1 0.35 13 29 428
vein
---------------------------------------------------------------------------
78.80 80.45 1.65 Silicif tuff 0.010 0.000 3.8 0.11 103 95 456
---------------------------------------------------------------------------
80.45 81.95 1.50 Los Angeles 0.105 0.003 19.5 0.57 73 144 281
vein
---------------------------------------------------------------------------


SG-07-37 (Bearing 219 - Dip 53 - Length 154.35m)

Intersection 145.45 - 147.55 (2.10m), 0.16 g/t gold, 146 g/t silver (0.005 oz/t gold, 4.26 oz/t silver).

Detailed intersections:



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
145.45 146.55 1.10 San Gonzalo 0.210 0.006 220.7 6.44 104 698 2554
vein
---------------------------------------------------------------------------
146.55 147.55 1.00 San Gonzalo 0.108 0.003 63.6 1.85 68 670 1257
vein
---------------------------------------------------------------------------


SG-07-38 (Bearing 221 - Dip 66.5 - Length 214.15m)



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
168.65 170.00 1.35 S Gonzalo vein. 0.716 0.021 88.2 2.57 231 1278 2217
Ox-milky wh qtz
vein
---------------------------------------------------------------------------


SG-07-39 (Bearing 220 - Dip 73 - Length 128.05m)



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
76.50 77.00 0.50 San Gonzalo 0.286 0.008 25.5 0.74 61 943 918
vein
---------------------------------------------------------------------------
77.00 77.80 0.80 San Gonzalo 0.192 0.006 66.5 1.94 118 324 357
vein
---------------------------------------------------------------------------
77.80 78.60 0.80 San Gonzalo 0.082 0.002 58.5 1.71 142 1001 1032
vein
---------------------------------------------------------------------------


SG-07-40 (Bearing 230 - Dip 74 - Length 516.05m)

Detailed intersections:



---------------------------------------------------------------------------
Met- Au Au Ag Ag Cu Pb Zn
From To ers Description g/t oz/t g/t oz/t ppm ppm ppm
---------------------------------------------------------------------------
33.20 33.70 0.50 Santiago vein 5.966 0.174 2851.9 83.18 576 748 1558
---------------------------------------------------------------------------
255.65 256.75 1.10 Qtz veining w/ 0.030 0.001 212.6 6.20 6115 1386 2887
chalcopyrite
---------------------------------------------------------------------------
275.90 276.45 0.55 Quartz veinlet 0.059 0.002 390.0 11.37 978 17000 364
w/sulfides
---------------------------------------------------------------------------
382.90 383.25 0.35 Quartz veinlet 1.926 0.056 208.7 6.09 331 270 307
w/sulfides.
Along core axe
---------------------------------------------------------------------------
500.25 501.65 1.40 San Gonzalo 0.075 0.002 14.1 0.41 71 263 833
vein
---------------------------------------------------------------------------
501.65 502.45 0.80 San Gonzalo 0.015 0.000 3.1 0.09 25 49 81
vein
---------------------------------------------------------------------------


Sample lengths of NQ drill core were diamond sawed into halves by mine staff and shipped to Inspectorate Labs in Durango, Mexico for preparation into pulps and rejects. Pulps were analyzed at Inspectorate Labs in Sparks, Nevada. Gold and silver were analyzed by fire assay using Aqua Regia Leach and AA finish. Other elements are reported from a 29 element I.C.P. package.

This report was prepared by Chris J. Sampson, P. Eng., a qualified person under NI 43-101.

Founded in 1968, Avino has established a long record of mining and exploration. The Company's focus is the acquisition and aggressive exploration of top silver prospects throughout North America. Avino remains well funded.

ON BEHALF OF THE BOARD

David Wolfin, President

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release.

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