# Avino Announces Q2 2026 Production Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/avino-announces-q2-2026-production-results--f0f2d277-7a47-41f1-b1de-d9d098c41d04 Original source: https://money.tmx.com/en/quote/ASM/news/4554480204700523/avino-announces-q2-2026-production-results Publisher: tmx Original announcement: 2026-07-22T11:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Unavailable - Ticker: ASM - Exchange: TSX - Region: Mexico - Primary commodity: Silver - Secondary commodities: Gold, Copper - Document categories: Production, Resource update - Extracted: 2026-09-17 10:39:38 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Avino Silver & Gold Mines Ltd. reported its Q2 2026 production results, showing a decrease in total silver and copper production compared to Q2 2025, primarily due to lower copper grades from planned mining sequencing. However, the company saw increased contribution from its La Preciosa operation and maintained consistent mill throughput. The release also highlighted the inaugural proven and probable mineral reserves from an April 2026 update, totaling 27 million tonnes containing 95 million ounces of silver, 356 thousand ounces of gold, and 85 million pounds of copper. Reasoning: The document reports routine quarterly production results with mixed performance, including a decrease in silver and copper production but increased contribution from La Preciosa. It also summarizes a previously announced inaugural mineral reserve estimate, which is a positive long-term development. - Positive factor: Increased contribution from La Preciosa operation - Positive factor: Consistent mill throughput - Positive factor: Inaugural proven and probable mineral reserves announced - Positive factor: QA/QC procedures disclosed - Negative factor: Decrease in total silver and copper production compared to prior year - Negative factor: Lower copper grades due to mining sequencing - Negative factor: Resource update is a re-statement of previously announced information Facts used in scoring: 66 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions that mill assays are performed at an on-site lab with check samples submitted to SGS Labs for verification, and concentrate shipments are assayed by independent third-party labs. Evidence · text > Mill assays are performed at the Avino property's on-site lab. Check samples were submitted to SGS Labs in Durango, Mexico for verification. Gold and silver assays are performed by the fire assay method with a gravimetric finish for concentrates and AAS \(Atomic Absorption Spectrometry\) methods for copper, lead, zinc and silver for feed and tail grade samples. All concentrate shipments are assayed by one of the following independent third-party labs: Inspectorate in the UK, LSI in the Netherlands, and AHK. **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: The document highlights the inaugural proven and probable mineral reserves. Evidence · text > inaugural proven and probable mineral reserves **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: The document highlights the inaugural proven and probable mineral reserves. Evidence · text > inaugural proven and probable mineral reserves **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The mineral resources and reserves estimate is stated to be in accordance with NI 43-101. Evidence · text > in accordance with the requirements of NI-43-101 **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, P.Eng., MBA, Avino's Senior Vice President, Technical Services, is a qualified person and has reviewed and approved the technical data. Evidence · text > Peter Latta, P.Eng., MBA, Avino's Senior Vice President, 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. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The document refers to 'inaugural proven and probable mineral reserves'. Evidence · text > inaugural proven and probable mineral reserves ## 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-q2-2026-production-results--f0f2d277-7a47-41f1-b1de-d9d098c41d04#fact-resource-facts-62) Avino Property · silver Historical result Needs review: historical\_restatement #### Identity - Project: Avino Property - Commodity: silver - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:231fc99d818421904ee4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 109 - Grade Unit: g/t - Contained Metal: 95 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-10-31 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-16T00:00:00.000Z #### Dates - Event date: 2026-07-22T00:00:00.000Z Reasoning: The document highlights inaugural proven and probable silver reserves, which is a significant development for the company, though it is a re-statement of previously released information. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: NI 43-101 compliant - Positive factor: QP signed off - Negative factor: Information is a re-statement of a prior release Evidence · text > 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-q2-2026-production-results--f0f2d277-7a47-41f1-b1de-d9d098c41d04#fact-resource-facts-63) Avino Property · gold Historical result Needs review: historical\_restatement #### Identity - Project: Avino Property - Commodity: gold - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:231fc99d818421904ee4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 0.41 - Grade Unit: g/t - Contained Metal: 356000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-10-31 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-16T00:00:00.000Z #### Dates - Event date: 2026-07-22T00:00:00.000Z Reasoning: The document highlights inaugural proven and probable gold reserves, which is a significant development for the company, though it is a re-statement of previously released information. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: NI 43-101 compliant - Positive factor: QP signed off - Negative factor: Information is a re-statement of a prior release Evidence · text > 356 thousand ounces of gold at a grade of 0.41% #### 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-q2-2026-production-results--f0f2d277-7a47-41f1-b1de-d9d098c41d04#fact-resource-facts-64) Avino Property · copper Historical result Needs review: historical\_restatement #### Identity - Project: Avino Property - Commodity: copper - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:231fc99d818421904ee4 #### Resource Data - Category: probable - Tonnes: 27000000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 85000000 - Contained Unit: lbs #### Prior Estimate - Resource Date: 2025-10-31 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-16T00:00:00.000Z #### Dates - Event date: 2026-07-22T00:00:00.000Z Reasoning: The document highlights inaugural proven and probable copper reserves, which is a significant development for the company, though it is a re-statement of previously released information. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: NI 43-101 compliant - Positive factor: QP signed off - Negative factor: Information is a re-statement of a prior release 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-q2-2026-production-results--f0f2d277-7a47-41f1-b1de-d9d098c41d04#fact-resource-facts-65) Avino Property · silver Historical result Needs review: historical\_restatement #### Identity - Project: Avino Property - Commodity: silver - Region: mexico - Reported Region: Mexico - Ticker: ASM #### Resource scope - Estimate type: reserve - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Peter Latta - Resource group id: resource:231fc99d818421904ee4 #### Resource Data - Category: probable - Tonnes: 27000000 - Contained Metal: 127000000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-10-31 #### Metal Equivalent - Metal Eq. Grade: 145 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-16T00:00:00.000Z #### Dates - Event date: 2026-07-22T00:00:00.000Z Reasoning: The document highlights inaugural proven and probable silver equivalent reserves, which is a significant development for the company, though it is a re-statement of previously released information. Metal equivalent assumptions were disclosed. - Positive factor: Inaugural proven and probable mineral reserves - Positive factor: NI 43-101 compliant - Positive factor: QP signed off - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Information is a re-statement of a prior release 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.