# Silver Demand Rising, We're Boosting Production Now \| Avino Silver & Gold Mines' Nathan Harte Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-demand-rising-we-re-boosting-production-now-avino-silver-gold-mines-natha--0a442f7e-44f2-49c2-99a7-a7bcbb18ac91 Original source: https://investingnews.com/avino-silver-gold-nathan-harte/ Publisher: investingnews Original announcement: 2026-10-08T21:50:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-10T00:32:40.227Z Atlas analysis updated: 2026-10-10T00:32:40.227Z - Company: Avino Silver & Gold Mines - Ticker: ASM - Exchange: Unavailable - Region: Mexico - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Other, Drill results, Resource update - Extracted: 2026-10-10 00:32:40 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Avino Silver & Gold Mines is transitioning to a multi-asset producer, driven by work at the La Preciosa mine in Mexico. The company is currently conducting a standalone prefeasibility study for the project, with completion expected in mid-2027. Reasoning: The document is a news aggregator/interview summary. The primary subject is Avino's strategic transition and upcoming PFS, which is a corporate update rather than a single technical event. - Positive factor: transition to multi-asset producer - Positive factor: prefeasibility study underway Facts used in scoring: 4 ## Classification and evidence **Step-Out Extension** Polarity: positive Story-specific tag Definition: Mineralization extended beyond the previously known limit. Why it applies: Hole SC26-003 is described as a step out of about 32 metres down plunge. Evidence · text > a step out of about 32 metres down plunge from previous drilling **Maiden Resource** Polarity: neutral Story-specific tag Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: Stillwater Critical Minerals announced a maiden indicated resource. Evidence · text > adds a maiden indicated resource of 29.4 million tonnes ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### SC26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-demand-rising-we-re-boosting-production-now-avino-silver-gold-mines-natha--0a442f7e-44f2-49c2-99a7-a7bcbb18ac91#fact-drill-facts-0) Steller · gold #### Identity - Hole ID: SC26-003 - Project: Steller - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: ASM #### Geometry - Grade: 6.15 - Grade Unit: g/t - Intercept: 14 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: SC26-003:0-14 - Mining Method: unknown #### Location - Location: Skukum Creek - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Strong gold intercept reported as a step-out. - Positive factor: good continuity on structure - Positive factor: good continuity on grade Evidence · text > hole SC26-003 at Skukum Creek intersected 14 meters of 6.15 grams per tonne \(g/t\) gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### SC26-003 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-demand-rising-we-re-boosting-production-now-avino-silver-gold-mines-natha--0a442f7e-44f2-49c2-99a7-a7bcbb18ac91#fact-drill-facts-1) Steller · silver #### Identity - Hole ID: SC26-003 - Project: Steller - Commodity: silver - Region: canada\_yt - Reported Region: canada\_yt - Ticker: ASM #### Geometry - Grade: 124 - Grade Unit: g/t - Intercept: 14 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: SC26-003:0-14 - Mining Method: unknown #### Location - Location: Skukum Creek - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: High silver grade accompanying gold intercept. - Positive factor: good continuity on structure - Positive factor: good continuity on grade Evidence · text > 124 g/t silver #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/silver-demand-rising-we-re-boosting-production-now-avino-silver-gold-mines-natha--0a442f7e-44f2-49c2-99a7-a7bcbb18ac91#fact-resource-facts-2) Stillwater West · nickel #### Identity - Project: Stillwater West - Commodity: nickel - Ticker: ASM #### Resource scope - Estimate type: resource - Resource group id: resource:90930581671fe50bdaf5 #### Resource Data - Category: indicated - Tonnes: 29400000 - Grade: 0.38 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-08-01 #### Metal Equivalent - Metal Eq. Grade: 0.38 - Metal Eq. Unit: % total nickel equivalent #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Maiden indicated resource addition and significant tonnage growth. - Positive factor: maiden indicated resource - Positive factor: more than doubles the inferred resource Evidence · text > adds a maiden indicated resource of 29.4 million tonnes grading 0.38 percent total nickel equivalent #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/silver-demand-rising-we-re-boosting-production-now-avino-silver-gold-mines-natha--0a442f7e-44f2-49c2-99a7-a7bcbb18ac91#fact-resource-facts-3) Stillwater West · nickel #### Identity - Project: Stillwater West - Commodity: nickel - Ticker: ASM #### Resource scope - Estimate type: resource - Resource group id: resource:6cb20b85e1e87d58ab3e #### Resource Data - Category: inferred - Tonnes: 805100000 - Grade: 0.34 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-08-01 #### Metal Equivalent - Metal Eq. Grade: 0.34 - Metal Eq. Unit: % total nickel equivalent #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Large scale inferred resource component. - Positive factor: large inferred resource scale Evidence · text > inferred resource totals 805.1 million tonnes grading 0.34 percent total nickel equivalent #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.