Avino Silver & Gold Mines Ltd.
OTC Bulletin Board : ASGMF

Avino Silver & Gold Mines Ltd.

February 26, 2007 14:05 ET

Avino Announces Drill Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 26, 2007) - Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FWB:GV6) is pleased to announce the results of the first diamond drill hole on the San Gonzalo gold, silver, lead, zinc deposit situated 2 km northeast of its former producing (1976 - 2001) silver, copper & gold mine approximately 80 km northeast of Durango, Mexico.

The San Gonzalo structure strikes northwest/southeast and dips very steeply (85-90 degrees) towards the southwest. Principal intersections from SG-07-01 (azimuth 042, dip 60, length 386.8 metres) are:

From To Lengths Au Ag Pb Zn
(metres) (metres) (metres) (g/t) (g/t) (%) (%)
Santiago Vein 147.0 149.7 2.70 1.19 227 greater greater
than 1% than 1%
San Gonzalo Vein
Hanging Wall Zone 357.3 362.15 4.85 0.64 343.2 0.36% 0.63%
San Gonzalo Vein
Foot Wall Zone 372.65 375.05 2.4 2.41 712.4 0.5% 0.13%

The program was carried out under the supervision of Chris J. Sampson, P. Eng., a qualified person under 43-101.

Sample lengths of the 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.

The drill program at San Gonzalo is continuing and hole SG-07-05 is currently in progress. During a visit to the Avino mine last week, management decided to bring in a second drill from contractor Techmin Servicios, S.A. de C.V. and to build a new core storage facility.

The IP geophysical survey by Peter E. Walcott and Associates (see news release dated December 8, 2006) is almost completed.

Plans for dewatering the mine and rehabilitating the mill are currently being formulated.

Avino Silver & Gold Mines Ltd., founded in 1968, 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 with low debt.

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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