Company Overview

Avino Silver & Gold Mines Ltd. is a Canadian mining company focused on the exploration, development, and production of silver, gold, and copper. The company operates primarily in the precious metals mining industry, with revenue derived from the sale of silver, gold, and copper concentrates. Avino’s core asset base is concentrated in Mexico, where it owns and operates mining and processing infrastructure in the historic Avino Mining District in Durango State. The company trades on the Toronto Stock Exchange under the symbol ASM and on the NYSE American under ASM.

The company’s primary business lines include mineral exploration, mine development, ore processing, and concentrate sales. Its principal operating assets include the Avino Mine, the San Gonzalo Mine, and the Oxide Tailings Project, all located within the broader Avino property. Avino’s strategic positioning is tied to its ownership of a large, historically productive land package with existing infrastructure, including a processing mill and underground development. The company traces its origins to mining activities in the Avino district dating back to the late 1960s, with modern corporate operations evolving through redevelopment and expansion initiatives beginning in the early 2000s.

Business Operations

Avino generates revenue through the extraction and processing of polymetallic ores containing silver, gold, and copper. Its principal operating segment is its Mexican mining business, centered on the Avino Operations in Durango. Ore is processed through the company’s owned milling facilities, and concentrates are sold to international smelters and metal traders. The company has historically emphasized low-capital brownfield development by leveraging existing infrastructure and previously developed underground workings.

The company’s operations are primarily based in Mexico, while corporate administration and capital markets activities are managed from Canada. Avino controls key mining assets, mineral concessions, processing infrastructure, and exploration properties in the Avino district. The company also maintains exploration interests through subsidiaries associated with its Mexican operations. Public filings and technical reports identify ongoing drilling, resource expansion, and optimization programs as central operational priorities. Data regarding material joint ventures or large-scale strategic partnerships is limited in publicly available disclosures, and no major active joint venture structure has been consistently identified across recent filings.

Strategic Position & Investments

Avino’s strategic direction has focused on expanding mineral resources, extending mine life, increasing mill throughput, and advancing exploration targets within the Avino property package. The company has invested in underground development, mill optimization, and drilling programs aimed at increasing production capacity and resource confidence. Management has also highlighted the importance of operational efficiency and disciplined capital allocation in investor communications and regulatory filings.

The company’s growth initiatives include advancing exploration at targets such as the La Preciosa Project, which Avino acquired through the acquisition of Proyectos Mineros La Preciosa S.A. de C.V. from Coeur Mining, Inc. The acquisition expanded Avino’s silver-focused development pipeline in Durango and increased its regional scale. Avino has also continued evaluating opportunities related to tailings reprocessing and additional resource conversion programs. Its strategic emphasis remains centered on precious metals exposure with supplemental copper production providing by-product revenue diversification.

Geographic Footprint

Avino’s operational footprint is concentrated in Mexico, specifically in Durango State, where the company owns extensive mineral concessions and mining infrastructure in the Avino Mining District. Its corporate headquarters are located in Vancouver, British Columbia, Canada, supporting public company administration, investor relations, and strategic planning functions.

While production activities are primarily Mexican, Avino participates in international metals markets through concentrate sales and relationships with global refining and smelting counterparties. The company’s securities listings on both Canadian and U.S. exchanges provide access to North American capital markets. Public disclosures indicate that exploration and development efforts remain heavily focused on expanding its position within Mexico rather than pursuing broad multinational operational diversification.

Leadership & Governance

Avino’s leadership team combines mining engineering, geology, finance, and operational management experience. The company continues to emphasize operational execution, resource growth, and long-term district development as part of its corporate strategy. Governance oversight is provided through a board of directors and executive leadership structure aligned with Canadian public company standards and mining industry regulatory requirements.

Key executives include:

• David Wolfin – President, Chief Executive Officer, and Director
• Malcolm Davidson – Chief Financial Officer
• Peter Latta – Vice President, Technical Services
• Carlos Bremer – Vice President, Operations
• Jim Laskey – Vice President, Corporate Development and Investor Relations

Company leadership has consistently communicated a strategy centered on sustainable production growth, disciplined exploration spending, and maximizing the long-term value of the Avino district through phased development and infrastructure utilization.