Avino Responds to COVID-19 Related Market Uncertainty

March 16, 2020

Avino Responds to COVID-19 Related Market Uncertainty

Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American; FSE: GV6, "Avino" or "the Company") responds to

the COVID-19 related market uncertainty and reports that there has been no impact on day to day operations at

the Avino Mine located near Durango, Mexico.

David Wolfin, President and CEO commented, “This is a wildly unprecedented time, and we would like to ensure

our shareholders, stakeholders, and entire work force that operations continue as normal as we monitor the

situation daily. The mine site has restricted external visitors and we have had no one at the mine-site test positive

for COVID -19. Most of our mine workers come from the local communities surrounding the pr operty where

movement of themselves and their families is limited. In addition, we have two medical doctors at site monitoring

and educating our labour force and employees daily.”

There have been no business restrictions in Mexico and the Company’s concentrate shipments continue, with no

delays. The Company has contingency plans in place to minimize the impact of any disruptions to operations and

continues to monitor events as they unfold. We want to ensure all stakeholders that the Company’s financial

stability has not been impacted at this time, and we continue to maintain a diligent approach regarding the

Company’s planned capital and operating expenditures.

The financial health of the company is in good shape and able to withstand this downturn for an extended period

of time.

The Company has also updated its health and safety policy at the corporate office to monitor the situation in

Vancouver and to ensure the health and wellness of our employees daily.

ON BEHALF OF THE BOARD

“David Wolfin”

________________________________

David Wolfin

President & CEO

Avino Silver & Gold Mines Ltd.

N E W S R E L E A S E

ASM: TSX/NYSE American

Avino Silver & Gold Mines Ltd. T (604) 682 3701

Suite 900-570 Granville Street F (604) 682 3600

Vancouver, BC V6C 3P1 www.avino.com

Avino Silver & Gold Mines Ltd. – March 16, 2020

Avino Responds to Covid-19 Market Volatility

Safe Harbor Statement - This news release contains “forward-looking information” and “forward -looking statements” (together, the “forward looking

statements”) within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, including, but

are not limited to, the Company’s ability to meet its production guidance, expectations of All -In Sustaining Cash Cost (“AISC”), information on the updated

mineral resource estimate for the Company’s Avino Property located near Durango in west-central Mexico (the “Property”) with an effective date of February

21, 2018, and amended on December 19, 2018, prepared for the Company, and reference to Measured, Indicated, Inferred Resources referred to in this press

release. These forward -looking statements are made as of the date of this news release and the dates of technical reports, as applicable. Readers are

cautioned not to place undue reliance on forward -looking statements, as there can be no assurance that the future circumstances, outcomes or results

anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements

are based will occur. While we have based these forward -looking statements on our expectations about future events as at the date that such statements

were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors

which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. No assurance can be given

that the Company’s Property does not have the amount of the mineral resources indicated in the updated report or that such mi neral resources may be

economically extracted.

Such factors and assumptions include, among others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign

exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of

preparing forward -looking information. In addition, there are known and unknown risk factors which could cause our actual results, performance or

achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk

factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing;

fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; en vironmental liability claims and

insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers, directors or promoters with certain other projects;

the absence of dividends; currency fluctuations; competition; dilution; the volatility of the our common share price and volu me; tax consequences to U.S.

investors; and other risks and uncertainties. Although we have attempted to identify important factors that could cause actual actions, events or results to

differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated,

estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no

obligation to update or alter any forward-looking statements except as required under applicable securities laws.

Cautionary Note Regarding Non-GAAP Measures

This news release includes certain terms or performance measures commonly used in the mining industry that are not defined under International Financial

Reporting Standards (“IFRS”), including silver equivalent ounces (AgEq oz) of production. Non -GAAP measures do not have any standardized meaning

prescribed under IFRS and, therefore, they may not be comparable to similar measures reported by other companies. We believe that, in addition to

conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate our performance. The data presented is intended

to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

Readers should al so refer to our management’s discussion and analysis available under our corporate profile at www.sedar.com or on our website at

www.avino.com.