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

Avino Silver & Gold Mines Ltd.

November 16, 2006 14:16 ET

Avino Graduates to Tier 1 Listing

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 16, 2006) - Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(FWB:GV6)(BERLIN:GV6) is pleased to announce that the TSX Venture Exchange has elevated the Company's listing from Tier 2 to Tier 1 status. Tier 1 is the TSX Venture Exchange's premier tier and is reserved for the Exchange's most advanced issuers with the most significant financial resources. In order to meet the requirements of a Tier 1 issuer, the Company has met the Exchange's requirement that it has a property with substantial geological merit.

The Company, founded in 1968, has established a long record of mining and exploration. The Company's focus is the acquisition and 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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