# Avino Announces Q1 2026 Production Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/avino-announces-q1-2026-production-results--d2bca1c5-3e59-4af0-819d-5c94edb6a675 Original source: https://money.tmx.com/en/quote/ASM/news/6485066494601939/avino-announces-q1-2026-production-results Publisher: tmx Original announcement: 2026-04-23T11:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Avino Silver & Gold Mines Ltd. - Ticker: ASM - Exchange: TSX - Region: Mexico - Primary commodity: Silver - Secondary commodities: Gold, Copper - Document categories: Production, Resource update - Extracted: 2026-09-17 11:00:12 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Avino Silver & Gold Mines Ltd. announced its Q1 2026 production results, reporting 263,057 silver ounces, 1,851 gold ounces, and 1,343,654 pounds of copper, totaling 568,112 silver equivalent ounces. The company achieved an 11% increase in mill throughput year-over-year and noted positive contributions from La Preciosa development ore. Additionally, Avino released details of its inaugural proven and probable mineral reserves, totaling 27 million tonnes containing significant silver, gold, and copper. Reasoning: Avino Silver & Gold Mines Ltd. reported strong Q1 2026 production results, including increased mill throughput and positive contributions from the La Preciosa development, positioning the company to meet its annual production target. The announcement also highlighted the release of inaugural proven and probable mineral reserves, a significant de-risking event for the company. - Positive factor: Strong Q1 2026 production results - Positive factor: Increased mill throughput year-over-year - Positive factor: Positive contributions from La Preciosa development ore - Positive factor: Grade improvements noted towards quarter-end - Positive factor: On track to meet annual production target - Positive factor: Inaugural proven and probable mineral reserves announced - Negative factor: Slight decrease in total silver equivalent production compared to Q1 2025 due to planned mining sequencing into lower-grade areas Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 34 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document announces the release of a new mineral reserve and updated mineral resource estimate. Evidence · text > Avino Announces Q1 2026 Production Results Inaugural Mineral Reserve and Updated Mineral Resource Estimates The Company released the details of most recent mineral reserve estimate and updated mineral resource estimate on April 16 th , 2026. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Peter Latta, Avino's VP Technical Services, is stated as a Qualified Person who reviewed and approved the technical data. Evidence · text > Peter Latta, P.Eng., MBA, Avino's VP Technical Services, is a qualified person within the context of National Instrument 43-101, has reviewed and approved the technical data in this news release. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The updated technical report is prepared in accordance with the requirements of NI 43-101. Evidence · text > updated technical report \(the "Updated Technical Report" prepared by Tetra Tech Canada Inc. in accordance with the requirements of NI-43-101\) ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/avino-announces-q1-2026-production-results--d2bca1c5-3e59-4af0-819d-5c94edb6a675#fact-resource-facts-30) Avino Property · silver #### Identity - Project: Avino Property - Commodity: silver - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2026-04-16T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:aa51d8816033c166e7a4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 109 - Grade Unit: g/t - Contained Metal: 95 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-04-16 #### Metal Equivalent - Metal Eq. Grade: 145 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Announcement of inaugural proven and probable mineral reserves for silver, establishing a new baseline for the project with significant contained metal and compliant reporting. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: Significant contained silver ounces - Positive factor: NI 43-101 compliant - Positive factor: QP signed off Evidence · text > inaugural proven and probable mineral reserves at two of the Company's three assets, totaling 27 million tonnes containing 95 million ounces of silver at a grade of 109 g/t #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/avino-announces-q1-2026-production-results--d2bca1c5-3e59-4af0-819d-5c94edb6a675#fact-resource-facts-31) Avino Property · gold #### Identity - Project: Avino Property - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2026-04-16T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:aa51d8816033c166e7a4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 0.41 - Grade Unit: g/t - Contained Metal: 356 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-04-16 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Announcement of inaugural proven and probable mineral reserves for gold, establishing a new baseline for the project with significant contained metal and compliant reporting. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant - Positive factor: QP signed off Evidence · text > 356 thousand ounces of gold at a grade of 0.41 g/t #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/avino-announces-q1-2026-production-results--d2bca1c5-3e59-4af0-819d-5c94edb6a675#fact-resource-facts-32) Avino Property · copper #### Identity - Project: Avino Property - Commodity: copper - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2026-04-16T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:aa51d8816033c166e7a4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 85000000 - Contained Unit: lbs #### Prior Estimate - Resource Date: 2026-04-16 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Announcement of inaugural proven and probable mineral reserves for copper, establishing a new baseline for the project with significant contained metal and compliant reporting. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: Significant contained copper pounds - Positive factor: NI 43-101 compliant - Positive factor: QP signed off Evidence · text > 85 million pounds of copper at a grade of 0.31% #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/avino-announces-q1-2026-production-results--d2bca1c5-3e59-4af0-819d-5c94edb6a675#fact-resource-facts-33) Avino Property · silver #### Identity - Project: Avino Property - Commodity: silver - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2026-04-16T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:aa51d8816033c166e7a4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 145 - Grade Unit: g/t - Contained Metal: 127 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-04-16 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Announcement of inaugural proven and probable mineral reserves, including a total of 127 million silver equivalent ounces at a grade of 145 g/t, with compliant reporting. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: Significant contained silver equivalent ounces - Positive factor: NI 43-101 compliant - Positive factor: QP signed off Evidence · text > This calculates to 127 million silver equivalent ounces at a grade of 145 g/t. #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.