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Avino Silver & Gold Mines (ASM) takes full La Preciosa control and trims costs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Avino Silver & Gold Mines Ltd. filed a Form 6-K to furnish a press release about changes to its interest in the La Preciosa project. The company reports that it has acquired the outstanding royalties and contingent payments on La Preciosa, which it states results in 100% ownership of the project.

Avino also indicates that removing these royalties and contingent payments is expected to lower La Preciosa’s operating cost profile. The information is furnished, not filed, meaning it is not automatically subject to certain Exchange Act liabilities or incorporated into Avino’s other U.S. securities law filings unless specifically referenced.

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Insights

Avino consolidates La Preciosa to 100% ownership and removes royalties.

Avino Silver & Gold Mines Ltd. reports that it has acquired the outstanding royalties and contingent payments on its La Preciosa project, achieving 100% ownership. In mining, eliminating third-party royalties typically allows the operator to retain more of the project’s future revenue and gives greater control over development decisions.

The company states that this step lowers La Preciosa’s operating cost profile, which generally means a higher share of any future mine revenue could translate into operating margin. The filing does not provide transaction size or specific cost metrics, so the financial magnitude of the change cannot be gauged from this excerpt alone.

This update is furnished via Form 6-K rather than filed, which the company highlights to clarify its treatment under U.S. securities law. Future technical, financial, or development disclosures on La Preciosa in subsequent company filings would provide more detail on how 100% ownership and lower operating costs translate into production plans or project economics.

 

 

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 August 2025

 

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 - Information Contained in this Form 6-K Report Clarifies that information submitted with the Form 6-K is “furnished” versus filed.  

 

On August 25, 2025, Avino Silver & Gold Mines Ltd. issued a press release announcing Avino Acquires Outstanding Royalties and Contingent Payments on La Preciosa, Achieving 100% Ownership and Lowering Operating Cost Profile. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.

 

The information contained in this report and the exhibit hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filings made by Avino Silver & Gold Mines Ltd. under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

 

Exhibits:

 

99.1

 

News Release dated August 25, 2025

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, 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: August 25, 2025

By:

/s/ Jennifer Trevitt

 

 

Jennifer Trevitt

 

 

 

Corporate Secretary

 

 

 

3

 

 

FAQ

What did Avino Silver & Gold Mines Ltd. (ASM) announce in this Form 6-K?

Avino Silver & Gold Mines Ltd. furnished a press release stating that it has acquired the outstanding royalties and contingent payments on its La Preciosa project, achieving 100% ownership and indicating a lower operating cost profile for the project.

How does the La Preciosa transaction affect Avino Silver & Gold Mines Ltd.’s ownership?

According to the furnished press release, Avino now has 100% ownership of La Preciosa after acquiring the outstanding royalties and contingent payments tied to the project.

What does Avino say about operating costs at La Preciosa after this change?

Avino states that by acquiring the outstanding royalties and contingent payments on La Preciosa, it has lowered the project’s operating cost profile, which means ongoing operating costs per unit of production are expected to be reduced relative to the prior royalty structure.

Is the information in Avino Silver & Gold Mines Ltd.’s Form 6-K considered filed or furnished?

The company explains that the information in this Form 6-K and its exhibit is deemed to be "furnished" rather than "filed" under the U.S. Securities Exchange Act of 1934, which affects how it is treated for liability and incorporation by reference into other U.S. securities filings.

Does this Form 6-K automatically update Avino Silver & Gold Mines Ltd.’s other SEC filings?

No. The company notes that the information in this report and its exhibit is not deemed incorporated by reference into any of Avino’s Securities Act or Exchange Act filings unless specifically incorporated by reference in those filings.

Who signed the Form 6-K for Avino Silver & Gold Mines Ltd. and on what date?

The Form 6-K was signed on behalf of Avino Silver & Gold Mines Ltd. by Corporate Secretary Jennifer Trevitt, dated August 25, 2025.
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