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Avino Silver & Gold Mines Ltd.

TSX:ASMLive AI agent

Avino Silver & Gold Mines is committed to responsible mining practices that enrich lives and foster shared success.

Investor website: https://avino.com/

About

Avino Silver & Gold Mines is committed to responsible mining practices that enrich lives and foster shared success. With a history spanning 57 years, the company focuses on producing silver and gold to drive innovation across various industries, including technology, healthcare, aerospace, and clean energy. The company emphasizes sustainable practices and community empowerment through investments in infrastructure, education, and healthcare.

Verified company data

Cash position
$3.4 million
Shares outstanding
169.86M
Mineral resource
The summary of the Company's updated Mineral Reserves and Mineral Resources on its material mineral properties includes La Preciosa, the Avino Mine (consisting of the Elena Tolosa (“ET”) deposit, Guadalupe, and La Potosina) with an effective date of October 31, 2025. The Oxide Tailings Deposit mineral reserve estimate was completed in 2024 and is materially unchanged since its publication and has an effective date of January 16, 2024. Measured and Indicated Mineral Resources are reported inclusive of Mineral Reserves, and all Mineral Resources reflect mining depletion through to October 31, 2025.
Projects
["Oxide Tailings Project: The Oxide Tailings Project involves reprocessing historic tailings from Avino’s past operations to recover remaining silver, gold, and copper. This initiative uses modern technology to extract additional value from previously mined material while reducing environmental impact. It enhances the long-term potential of the Avino Property by extending mine life, improving resource efficiency, and supporting sustainable development. The project hosts gold and silver from past producing historic operations in an inactive tailings facility located on the Avino property with a 5.7 million tonnes of measured and indicated resource grading 95g/t of silver equivalent. Historically, near surface oxidised material was not recovered well by Avino’s conventional flotation mill, which has created this opportunity for re-processing the tailings. In 2017 a Preliminary Assessment was completed, followed by recommended drilling and metallurgical work which then led to a completed Pre-Feasibility study in 2024.","La Preciosa Mine: La Preciosa is a development stage mineral property, hosting one of the largest undeveloped primary silver resources in Mexico, and is located adjacent to Avino’s existing operations at the Avino Property in Durango, Mexico. The property covers an area of approximately 1,134 hectares and is located on the eastern flank of the Sierra Madre Occidental mountain range. Development-stage silver project located 19 km from Avino’s operations in Durango, Mexico. The property has benefited from more than 1,500 historical drill holes and nearly $90 million of investment by prior operators. Avino acquired La Preciosa at a fraction of this historic spend, making it one of the most strategically valuable additions to the company’s portfolio. Unlike earlier open-pit development plans, Avino is advancing La Preciosa with an underground approach designed to reduce dilution and highlight the strength of the deposit. Recent drilling has confirmed silver grades significantly above the 200 g/t silver equivalent figure used in historic estimates. With permits in place and development activities underway, the acquisition represents a disciplined, strategic addition to Avino’s growth plan — strengthening the company’s asset base while maintaining its long-standing commitment to financial discipline and operational focus."]
Leadership
Ronald Andrews (Chairman, Independent Director, President of West Wind Property Inc. Former owner and operator of Andrews Orchards, with experience on the Board of several public mining companies.), David Wolfin (President, CEO, Director, Over 35 years of experience in the mineral resources industry, led Avino's growth from partial ownership to full ownership and commercial production.), Carolina Ordonez (Independent Director, Over 15 years of experience in the resource sector, recognized as one of the Top 10 Most Influential Hispanics in Canada.), Michael Clark (Independent Director, Executive Vice President, Chief Financial Officer & Corporate Secretary of Contango ORE, Inc. Former CFO of Alexco Resource Corp.), Linda Broughton (Independent Director, Over 35 years of experience in mining, expertise in environmental geochemistry and mine reclamation.), Carlos Rodriguez (Chief Operation Officer, Professional geologist with over 42 years of experience in underground mining and regional exploration in Mexico.), Nathan Harte, CPA (Chief Financial Officer, Canadian Chartered Professional Accountant with over a decade of experience in finance across mineral exploration and development.), Peter Latta (Senior Vice President, Technical Services, Professional engineer with 20 years of operational and engineering experience in the mining industry.), Marc Turcotte (Senior Vice President, Corporate Development, Mining development and exploration executive with over 20 years of experience in corporate development and strategic transactions.), Jennifer Trevitt (Corporate Secretary, Over 25 years of experience in securities and corporate finance.), Jennifer North (Head of Investor Relations, Over 26 years of experience with publicly traded mining companies, recognized for strategic communications expertise.), Andrew Kaplan (Capital Markets Strategic Consultant, Over 30 years of experience in financial public relations and capital markets activities.)

Verified data last updated:

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