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Highlights

  • Avino targets 500 tonnes per day production at La Preciosa in the second half of 2026.
  • A 30,000-metre drilling program will split equally between Avino Mine and La Preciosa.
  • La Preciosa mining method shift aims to increase material throughput and operational efficiency.

Avino Silver & Gold Mines Ltd. (TSX:ASM) achieved several milestones in 2025. The company accelerated development at La Preciosa following permit approvals and acquired full ownership by purchasing outstanding royalties and contingent payments. Drill results from La Preciosa exceeded expectations, with intercept grades higher than those in the current mineral resource estimate. In the capital markets, Avino ranked #5 in the TSX30 and was included in multiple ETFs, expanding investor visibility.

Mining Method Upgrade at La Preciosa
Based on wider vein structures identified during the 2025 drilling campaign, Avino modified the planned mining method from shrinkage stoping to longhole sub-level caving. This change is expected to support higher mining rates at lower costs and accommodate increased throughput at La Preciosa over the medium to long term.

2026 Production Targets and Drilling Plans
The company is targeting production of 500 tonnes per day at La Preciosa in the second half of 2026, with a transition from development mining to full production later in the year. A 30,000-metre drilling program is planned, split equally between the Avino Mine and La Preciosa. Results from this program will contribute to the H1 2026 update of the mineral resource estimate and the first mineral reserve estimate.

Technology Integration and Mill Upgrades
Avino plans to integrate AI technology to support resource and reserve expansion and identify new exploration opportunities. Additionally, mill equipment upgrades are scheduled to improve recovery rates and overall operational efficiency.

Financial Position: Debt-Free with Strong Working Capital
The company ended 2025 with a debt-free balance sheet, excluding operating equipment leases, and a healthy working capital position. This financial position supports growth initiatives at both Avino Mine and La Preciosa while ensuring operational flexibility.

Share Performance
As of February 18, 2026, Avino shares traded at 12.60 CAD on the TSX, remaining unchanged for the day. Market observers are monitoring production ramp-up at La Preciosa, the ongoing drilling program, and updates to mineral resource and reserve estimates.

Summary
With operational and development plans in place, Avino enters 2026 focused on production ramp-up, drilling campaigns, and updates to resource estimates.

FAQs

Q1. What are Avino’s 2026 production targets?
Avino aims for 500 tonnes per day at La Preciosa in H2 2026.

Q2. How much drilling is planned for 2026?
A total of 30,000 metres, evenly split between Avino Mine and La Preciosa, is planned.

Q3. What changes were made to La Preciosa’s mining method?
The method changed from shrinkage stoping to longhole sub-level caving to accommodate wider veins and increase throughput.