Standard & Poor's Initiates Factual Stock Report Coverage on Avino Silver & Gold Mines Ltd.

Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Avino Silver & Gold Mines Ltd.

Avino Silver & Gold Mines Ltd., (OTCBB: ASGMF, TSX: ASM), in the exploration stage as of June 30, 2010, engages in the acquisition, exploration and development of mineral properties in Mexico and Canada. The company owns interests in mineral properties located in Durango, Mexico and in British Columbia and the Yukon, Canada.

The company holds a 99.28% equity interest in Compania Minera Mexicana de Avino, S.A. de C.V. (Cia Minera), a Mexican corporation which owns the Avino Silver Mine, located in the state of Durango, Mexico. The Avino Mine is located approximately 74 kilometers to the northeast of the city of Durango and covers approximately 4,364 hectares. The property is accessible via road. From 1974 to 2001, the Avino Mine produced silver, gold, copper and lead. The Avino Mine had been an open pit operation until March 1993, at which time Cia Minera commenced underground operations. Mineralized rock is broken by ripping, drilling and blasting and is trucked to the concentrator, approximately 415 meters from the pit, where it is processed. The Avino Mine was an underground operation at the time of closure in November 2001.

Exploration drilling in 2008 lead to the development of the San Gonzalo vein as a future ore deposit.

The company refurbished the plant in order conduct a 10,000-tonne bulk sample from the high-grade San Gonzalo zone. This sample will allow Avino to assess economics of the zone and confirm mineral grades obtained through earlier diamond drilling. The company's goal is to complete the bulk sample program and move into full production if results are positive.

This report will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.avino.com for additional information.

About Standard & Poor's Factual Stock Reports

This Standard & Poor’s service provides factual research coverage enabling information about Avino Silver & Gold Mines Ltd. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.

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