Avino Silver & Gold Mines (NYSE: ASM) files Form SD using 2024 ESTMA report
Filing Impact
Filing Sentiment
Form Type
SD
Rhea-AI Filing Summary
Avino Silver & Gold Mines Ltd. filed a specialized disclosure report as a resource extraction issuer, describing its business of producing and selling silver, gold, and copper from the Avino Mine in Durango, Mexico. The company also owns the La Preciosa property in the same region and is currently focused on extracting and processing resources at the Avino property while advancing La Preciosa.
Avino is subject to Canada’s Extractive Sector Transparency Measures Act (ESTMA) and is using that regime to meet its U.S. disclosure obligations. Instead of separate U.S. payment reporting, it relies on its ESTMA report for the year ended December 31, 2024, which is made available on its website and filed as Exhibit 2.01 to this Form SD.
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FAQ
What is Avino Silver & Gold Mines Ltd. (ASM) disclosing in this Form SD?
Avino Silver & Gold Mines Ltd. is providing specialized disclosure as a resource extraction issuer, outlining its silver, gold, and copper operations in Durango, Mexico and referencing its payment transparency reporting under Canada’s Extractive Sector Transparency Measures Act for the year ended December 31, 2024.
How does Avino Silver & Gold Mines Ltd. (ASM) satisfy U.S. resource extraction disclosure rules?
Avino relies on an alternative reporting provision and uses its Extractive Sector Transparency Measures Act (ESTMA) report for the year ended December 31, 2024 to satisfy the payment disclosure requirements under Item 2.01 of Form SD.
Where can investors find Avino Silver & Gold Mines Ltd.’s 2024 ESTMA report?
The company states that its ESTMA report for the year ended December 31, 2024 is available on its website under the file name "avino_silver_gold_mines_ltd__e326144_-_estma_report_-_2024_final.pdf" and is also included as Exhibit 2.01 to Form SD.
What mining assets does Avino Silver & Gold Mines Ltd. (ASM) highlight in this disclosure?
Avino highlights the Avino Mine in the state of Durango, Mexico, which produces copper, silver, and gold, and its 100% interest in Proyectos Mineros La Preciosa S.A. de C.V., which owns the La Preciosa property located about 20 kilometers southwest of the Avino property.
Who signed the Form SD for Avino Silver & Gold Mines Ltd. (ASM)?
The Form SD was signed on behalf of Avino Silver & Gold Mines Ltd. by Nathan Harte, the company’s Chief Financial Officer.
What exhibits are included with Avino Silver & Gold Mines Ltd.’s Form SD?
The filing includes Exhibit 2.01, the Extractive Sector Transparency Measures Act Annual Report for Avino Silver & Gold Mines Ltd. for the year ended December 31, 2024, and Exhibit 104, the cover page interactive data file formatted as Inline XBRL and contained in Exhibit 2.01.