0000316888false--12-312025-12-31FY2025Vancouver176750001.1535408681.0800003168882025-01-012025-12-310000316888avino:StockOptionsExercisesMember2025-12-012025-12-3100003168882025-12-012025-12-310000316888avino:StockOptionsExercisesMember2025-12-310000316888avino:MexiconMember2024-01-012024-12-310000316888avino:CanadianMember2024-01-012024-12-310000316888avino:UnrecognizedDeductibleTemporaryDifferencesMember2025-12-310000316888avino:UnrecognizedDeductibleTemporaryDifferencesMember2024-12-310000316888avino:DeferredIncomeTaxAssetsAndLiabilitiesMember2025-12-310000316888avino:DeferredIncomeTaxAssetsAndLiabilitiesMember2024-12-310000316888avino:MajorCustomersOtherMember2025-01-012025-12-310000316888avino:MajorCustomersOtherMember2024-01-012024-12-310000316888avino:MajorCustomersTwoMember2025-01-012025-12-310000316888avino:MajorCustomersTwoMember2024-01-012024-12-310000316888avino:MajorCustomersOneMember2025-01-012025-12-310000316888avino:MajorCustomersOneMember2024-01-012024-12-310000316888avino:MexicoMemberavino:AvinoMember2024-12-310000316888avino:MexicoMemberavino:LaPreciosaMember2024-12-310000316888avino:CanadaMemberavino:CorporateMember2024-12-310000316888avino:MexicoMemberavino:AvinoMember2025-12-310000316888avino:MexicoMemberavino:LaPreciosaMember2025-12-310000316888avino:CanadaMemberavino:CorporateMember2025-12-310000316888avino:MexicoMemberavino:LaPreciosaMember2024-01-012024-12-310000316888avino:CanadaMemberavino:CorporateMember2024-01-012024-12-310000316888avino:MexicoMemberavino:AvinoMember2024-01-012024-12-310000316888avino:MexicoMemberavino:LaPreciosaMember2025-01-012025-12-310000316888avino:CanadaMemberavino:CorporateMember2025-01-012025-12-310000316888avino:MexicoMemberavino:AvinoMember2025-01-012025-12-310000316888avino:LongTermInvestmentsMemberavino:PriceRiskMember2024-01-012024-12-310000316888avino:LongTermInvestmentsMemberavino:PriceRiskMember2025-01-012025-12-310000316888avino:PriceRiskMember2024-01-012024-12-310000316888avino:PriceRiskMember2025-01-012025-12-310000316888avino:ForeignCurrencyRisKMember2024-12-310000316888avino:ForeignCurrencyRisKMember2025-12-310000316888avino:ForeignCurrencyRisKMember2024-01-012024-12-310000316888avino:ForeignCurrencyRisKMember2025-01-012025-12-310000316888avino:InterestRatesRiskMember2025-01-012025-12-310000316888avino:LiquiditysRisksMember2025-12-310000316888ifrs-full:Level3OfFairValueHierarchyMember2024-12-310000316888ifrs-full:Level3OfFairValueHierarchyMember2025-12-310000316888ifrs-full:Level2OfFairValueHierarchyMember2024-12-310000316888ifrs-full:Level2OfFairValueHierarchyMember2025-12-310000316888ifrs-full:Level1OfFairValueHierarchyMember2024-12-310000316888ifrs-full:Level1OfFairValueHierarchyMember2025-12-310000316888avino:CanadianDollarsMember2024-12-310000316888avino:CanadianDollarsMember2025-12-310000316888avino:MexicanPesosMember2024-12-310000316888avino:MexicanPesosMember2025-12-310000316888avino:MoreThanFiveYearsMember2025-12-310000316888avino:LatersThanOneYearsAndNotLatersThanFiveYearsMember2025-12-310000316888avino:LessThanOneYearMember2025-12-310000316888avino:FinancialInstrumentsMember2025-12-310000316888avino:LatersThanFiveYearsMember2024-01-012024-12-310000316888avino:LatersThanFiveYearsMember2025-01-012025-12-310000316888avino:LatersThanOneYearsAndNotLatersThanFiveYearsMember2024-01-012024-12-310000316888avino:LatersThanOneYearsAndNotLatersThanFiveYearsMember2025-01-012025-12-310000316888avino:NotLatersThanOneYearsMember2024-01-012024-12-310000316888avino:NotLatersThanOneYearsMember2025-01-012025-12-310000316888avino:ShareCapitalTwoMember2025-01-012025-12-310000316888avino:ShareCapitalTwoMember2024-01-012024-12-310000316888avino:SharesCapitalMember2025-01-012025-12-310000316888avino:SharesCapitalMember2024-01-012024-12-310000316888avino:SharesCapitalMember2025-12-310000316888avino:SharesCapitalMember2024-12-310000316888avino:EarninglossPerShareMember2024-01-012024-12-310000316888avino:EarninglossPerShareMember2025-01-012025-12-310000316888avino:AprillOneTwoThousandTwentyFiveMemberifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888avino:MayTwentySevenTwoThousandTwentyFiveMemberifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888avino:JulyTenTwoThousandTwentyThreeMemberifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888avino:MarchTwentyNineTwoThousandTwentyThreeMemberifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888avino:AprillNinetyTwoThousandTwentyFiveMemberifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888ifrs-full:RestrictedShareUnitsMember2023-12-310000316888ifrs-full:RestrictedShareUnitsMember2025-12-310000316888ifrs-full:RestrictedShareUnitsMember2025-01-012025-12-310000316888ifrs-full:RestrictedShareUnitsMember2024-01-012024-12-310000316888ifrs-full:RestrictedShareUnitsMember2024-12-310000316888avino:MarchTwentyNineTwoThousandTwentyEightMemberavino:StockOptionsMember2025-01-012025-12-310000316888avino:MayFourTwentyTwentySevenMemberavino:StockOptionMember2025-01-012025-12-310000316888avino:MarchTwentyFiveTwoThousandTwentySevenMemberavino:StockOptionsMember2025-01-012025-12-310000316888avino:AugustFourTwoThousandTwentyFiveMemberavino:StockOptionsMember2025-01-012025-12-310000316888avino:MarchTwentyFiveTwoThousandTwentyNineMemberavino:StockOptionsMember2025-01-012025-12-310000316888avino:StockOptionsMember2025-12-310000316888avino:StockOptionsMember2025-01-012025-12-310000316888avino:StockOptionsMember2024-01-012024-12-310000316888avino:StockOptionsMember2023-12-310000316888avino:StockOptionsMember2024-12-310000316888avino:ManagementsestimateMember2025-12-310000316888avino:ManagementsestimateMember2024-12-310000316888avino:ManagementsEtimateOneMember2025-12-310000316888avino:ManagementsEtimateOneMember2024-12-310000316888avino:ManagementsEtimateOneMember2025-01-012025-12-310000316888avino:ManagementsEtimateOneMember2024-01-012024-12-310000316888avino:ICCMember2025-01-012025-12-310000316888avino:ICCMember2024-01-012024-12-310000316888avino:OnivaInternationalServicesCorpMember2025-01-012025-12-310000316888avino:OnivaInternationalServicesCorpMember2024-01-012024-12-310000316888avino:SilverWolfExplorationLtdMember2025-12-310000316888avino:SilverWolfExplorationLtdMember2024-12-310000316888avino:OnivaInternationalServicesCorpMember2025-12-310000316888avino:OnivaInternationalServicesCorpMember2024-12-310000316888avino:BuildingMember2025-12-310000316888avino:BuildingMember2025-01-012025-12-310000316888avino:BuildingMember2024-01-012024-12-310000316888avino:BuildingMember2024-12-310000316888avino:BuildingMember2023-12-310000316888avino:MillMachineryAndProcessingEquipmentMember2025-12-310000316888avino:MillMachineryAndProcessingEquipmentMember2025-01-012025-12-310000316888avino:MillMachineryAndProcessingEquipmentMember2024-01-012024-12-310000316888avino:MillMachineryAndProcessingEquipmentMember2024-12-310000316888avino:MillMachineryAndProcessingEquipmentMember2023-12-310000316888avino:MineMachineryAndTransportationEquipmentMember2025-12-310000316888avino:MineMachineryAndTransportationEquipmentMember2025-01-012025-12-310000316888avino:MineMachineryAndTransportationEquipmentMember2024-01-012024-12-310000316888avino:MineMachineryAndTransportationEquipmentMember2024-12-310000316888avino:MineMachineryAndTransportationEquipmentMember2023-12-310000316888avino:ComputerEquipmentsMember2025-12-310000316888avino:ComputerEquipmentsMember2025-01-012025-12-310000316888avino:ComputerEquipmentsMember2024-01-012024-12-310000316888avino:ComputerEquipmentsMember2024-12-310000316888avino:ComputerEquipmentsMember2023-12-310000316888avino:OfficeEquipmentFurnitureAndFixturesMember2025-12-310000316888avino:OfficeEquipmentFurnitureAndFixturesMember2025-01-012025-12-310000316888avino:OfficeEquipmentFurnitureAndFixturesMember2024-01-012024-12-310000316888avino:OfficeEquipmentFurnitureAndFixturesMember2024-12-310000316888avino:OfficeEquipmentFurnitureAndFixturesMember2023-12-310000316888avino:MiningsPropertyMember2024-12-310000316888avino:MiningsPropertyMember2025-12-310000316888avino:MiningsPropertyMember2025-01-012025-12-310000316888avino:MiningsPropertyMember2024-01-012024-12-310000316888avino:MiningsPropertyMember2023-12-310000316888avino:MineralesMemberavino:DurangoMexicoMemberavino:UnificationLaPlatosaPropertiesMember2025-01-012025-12-310000316888avino:DurangoMexicoMemberavino:UnificationLaPlatosaPropertiesMember2012-01-012012-12-310000316888avino:DurangoMexicoMemberavino:UnificationLaPlatosaPropertiesMember2025-01-012025-12-310000316888avino:SilverWolfExplorationLtdMemberavino:OptionAgreementMember2025-01-012025-12-310000316888avino:EaglePropertyOptionAgreementMemberavino:MayoMiningDivisionMemberavino:YukonCanadaMember2025-01-012025-12-310000316888avino:AvinoMineAreaPropertysMemberavino:TwentyFourConcessionsMemberavino:DurangoMexicoMember2025-12-310000316888avino:NineConcessionsMemberavino:DurangoMexicoMemberavino:GomezPalacioPropertyMember2025-12-310000316888avino:AvinoMineAreaPropertyMemberavino:OneConcessionsMemberavino:DurangoMexicoMember2025-12-310000316888avino:BritishColumbiaAndYukonCanadaMember2025-12-310000316888avino:BritishColumbiaAndYukonCanadaMember2024-12-310000316888avino:BritishColumbiaAndYukonCanadaMember2025-01-012025-12-310000316888avino:BritishColumbiaAndYukonCanadaMember2024-01-012024-12-310000316888avino:BritishColumbiaAndYukonCanadaMember2023-12-310000316888avino:AvinoMexicoCityMember2025-12-310000316888avino:AvinoMexicoCityMember2024-12-310000316888avino:AvinoMexicoCityMember2025-01-012025-12-310000316888avino:AvinoMexicoCityMember2024-01-012024-12-310000316888avino:AvinoMexicoCityMember2023-12-310000316888avino:LaPreciosaMexicoMember2025-12-310000316888avino:LaPreciosaMexicoMember2024-12-310000316888avino:LaPreciosaMexicoMember2025-01-012025-12-310000316888avino:LaPreciosaMexicoMember2024-01-012024-12-310000316888avino:LaPreciosaMexicoMember2023-12-310000316888avino:EnduranceGoldCorpMemberifrs-full:WarrantsMember2025-01-012025-12-310000316888avino:EnduranceGoldCorpMemberifrs-full:WarrantsMember2024-12-310000316888avino:EnduranceGoldCorpMemberavino:CommonShareMember2025-01-012025-12-310000316888avino:EnduranceGoldCorpMemberavino:CommonShareMember2024-12-310000316888avino:SilverWolfExplorationLtdMemberifrs-full:WarrantsMember2025-01-012025-12-310000316888avino:SilverWolfExplorationLtdMemberifrs-full:WarrantsMember2024-12-310000316888avino:SilverWolfExplorationLtdMemberavino:CommonShareMember2025-01-012025-12-310000316888avino:SilverWolfExplorationLtdMemberavino:CommonShareMember2024-12-310000316888avino:TaliskerResourcesLtdMemberavino:CommonSharesMember2025-01-012025-12-310000316888avino:TaliskerResourcesLtdMemberavino:CommonSharesMember2024-12-310000316888avino:MineLifeMember2024-01-012024-12-310000316888avino:MineLifeMember2025-01-012025-12-310000316888ifrs-full:BuildingsMemberifrs-full:BottomOfRangeMember2025-01-012025-12-310000316888ifrs-full:BuildingsMemberifrs-full:TopOfRangeMember2025-01-012025-12-310000316888avino:MillMachineryAndProcessingEquipmentsMemberifrs-full:TopOfRangeMember2025-01-012025-12-310000316888avino:MillMachineryAndProcessingEquipmentsMemberavino:BottomOneMember2025-01-012025-12-310000316888avino:MineMachineryAndTransportationEquipmentsMember2025-01-012025-12-310000316888avino:OfficeComputerEquipmentsMember2025-01-012025-12-310000316888avino:OfficeEquipmentsFurnitureAndFixturesMember2025-01-012025-12-310000316888avino:CompaniaMineraMexicanaDeAvinoMember2025-01-012025-12-310000316888avino:CervantesLLPMember2025-01-012025-12-310000316888avino:ProyectosMinerosLaPreciosaSAdeCVMember2025-01-012025-12-310000316888avino:LaPreciosaSilverGoldMinesLtdMember2025-01-012025-12-310000316888avino:LaLunaSilverGoldMinesLtdMember2025-01-012025-12-310000316888avino:PromotoraAvinoSADeCVMember2025-01-012025-12-310000316888avino:NuevaVizcayaMiningSAdeCVMember2025-01-012025-12-310000316888avino:OnivaSilverAndGoldMinesSADeCVMember2025-01-012025-12-310000316888ifrs-full:RetainedEarningsMember2025-12-310000316888ifrs-full:AccumulatedOtherComprehensiveIncomeMember2025-12-310000316888ifrs-full:TreasurySharesMember2025-12-310000316888avino:EquityReservesMember2025-12-310000316888avino:CommonStockMember2025-12-310000316888ifrs-full:RetainedEarningsMember2025-01-012025-12-310000316888ifrs-full:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-12-310000316888ifrs-full:TreasurySharesMember2025-01-012025-12-310000316888avino:EquityReservesMember2025-01-012025-12-310000316888avino:CommonStockMember2025-01-012025-12-310000316888ifrs-full:RetainedEarningsMember2024-12-310000316888ifrs-full:AccumulatedOtherComprehensiveIncomeMember2024-12-310000316888ifrs-full:TreasurySharesMember2024-12-310000316888avino:EquityReservesMember2024-12-310000316888avino:CommonStockMember2024-12-310000316888ifrs-full:RetainedEarningsMember2024-01-012024-12-310000316888ifrs-full:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-12-310000316888ifrs-full:TreasurySharesMember2024-01-012024-12-310000316888avino:EquityReservesMember2024-01-012024-12-310000316888avino:CommonStockMember2024-01-012024-12-3100003168882023-12-310000316888ifrs-full:RetainedEarningsMember2023-12-310000316888ifrs-full:AccumulatedOtherComprehensiveIncomeMember2023-12-310000316888ifrs-full:TreasurySharesMember2023-12-310000316888avino:EquityReservesMember2023-12-310000316888avino:CommonStockMember2023-12-3100003168882024-01-012024-12-3100003168882025-12-3100003168882024-12-31iso4217:USDxbrli:sharesiso4217:USDxbrli:sharesxbrli:pureiso4217:CADxbrli:sharesutr:sqftavino:integeriso4217:CAD
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of March, 2026
Commission File Number: 001-35254
AVINO SILVER & GOLD MINES LTD. |
Suite 900, 570 Granville Street, Vancouver, BC V6C 3P1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
☐ Form 20-F ☒ Form 40-F
Explanatory Note
Avino Silver & Gold Mines Ltd. (the “Company”) is filing this Form 6-K to provide its financial information for the years ended December 31, 2025 and 2024, as filed on Sedar+ on March 10, 2026, and to incorporate such financial information into the Company’s registration statements referenced below.
Exhibits 99.1 and 99.2 attached hereto is hereby incorporated by reference to the Company’s Registration Statements on Form F-10 (Registration Statement File Numbers 333-287246 and 333-293435) to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed.
Exhibits:
The following exhibits are filed as part of this Form 6-K.
Exhibit No. | | Document |
| | |
99.1 | | Consolidated Audited Financial Statements For the years ended December 31, 2025 and 2024 |
99.2 | | Management’s Discussion and Analysis |
101.INS | | Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document). |
101.SCH | | Inline XBRL Taxonomy Extension Schema Document |
101.CAL | | Inline XBRL Taxonomy Extension Calculation Linkbase Document |
101.DEF | | Inline XBRL Taxonomy Extension Definition Linkbase Document |
101.LAB | | Inline XBRL Taxonomy Extension Label Linkbase Document |
101.PRE | | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
104 | | Cover Page Interactive Data File (formatted as inline XBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AVINO SILVER & GOLD MINES LTD. | |
| | |
Date: March 10, 2026 | By: | /s/ Jennifer Trevitt | |
| | Jennifer Trevitt | |
| | Corporate Secretary | |
