VIDEO - CEO Clips - Avino Silver & Gold Mines: Expanding Operations with a Strong Growth Vision

Rhea-AI Summary

Avino Silver & Gold Mines (TSX: ASM) (NYSE American: ASM) has unveiled its strategic expansion plans as a debt-free, cash-flow positive precious metals producer. The company, operating in Durango, Mexico, aims to achieve intermediate producer status within five years.

Key highlights include:

• A substantial mineral resource base of 371 million ounces of silver equivalent
• Strong financial position with $26 million in cash reserves
• Diversified revenue stream from silver, gold, and copper production
• 100% Mexican workforce
• Development of a second mine utilizing existing processing infrastructure

The company's expansion strategy focuses on efficient production growth while minimizing environmental impact and maximizing profitability through the use of existing infrastructure.

Positive

• Debt-free status with positive cash flow
• $26 million in cash reserves
• Large resource base of 371 million oz silver equivalent
• Diversified revenue from three metals (silver, gold, copper)
• Expansion underway with second mine development
• Cost-efficient expansion using existing infrastructure

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) - A debt-free, cash-flow positive precious metals producer, Avino is driving growth with a strategic plan to achieve intermediate producer status within five years. Operating in Durango, Mexico, Avino boasts a 100% Mexican workforce and a mineral resource base of 371 million ounces of silver equivalent. The company's diversified revenue stream-comprised of silver, gold, and copper-supports its robust financial position, including $26 million in cash reserves. With development now underway at a second mine, Avino is expanding production efficiently by utilizing existing processing infrastructure, minimizing environmental impact while maximizing profitability.

www.b-tv.com/post/ceo-clips---avino-silver-gold-mines-expanding-operations-with-a-strong-growth-vision-btv-60

Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM)

https://avino.com/

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Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244875

FAQ

What is Avino Silver & Gold Mines' (ASM) current mineral resource base?

ASM has a mineral resource base of 371 million ounces of silver equivalent.

How much cash reserves does Avino Silver & Gold Mines (ASM) currently hold?

ASM maintains $26 million in cash reserves.

What is ASM's production expansion timeline for reaching intermediate producer status?

ASM aims to achieve intermediate producer status within five years.

How is Avino (ASM) funding its second mine development?

ASM is funding development through existing cash reserves as a debt-free, cash-flow positive company.

What metals contribute to ASM's revenue stream?

ASM generates revenue from a diversified stream of silver, gold, and copper production.