EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1

British Columbia Securities Commission
QUARTERLY REPORT
FORM 61

         
ISSUER DETAILS:
 
        
NAME OF ISSUER
  FOR QUARTER ENDED   DATE OF REPORT
 
        
AVINO SILVER & GOLD MINES LTD.
  October 31, 2000   December 20, 2000

ISSUER ADDRESS:

Suite 400, 455 Granville Street, Vancouver, BC V6C 1T1

                     
CITY   PROVINCE   POSTAL CODE   ISSUER FAX NO.
   ISSUER TELEPHONE
 
                    
Vancouver,   British Columbia   V6C 1T1   (604) 682-3600
   (604) 682-3701
 
                    
             
    
 
                    
CONTACT PERSON
   CONTACT’S POSITION
   CONTACT TELEPHONE NO.
 
                    
A. Regnier
   Corporate Secretary/Accountant
   (604) 682-3701
 
                    
 
    
    

CERTIFICATE

The three schedules required to complete this Quarterly Report are attached and the disclosure contained therein has been approved by the Board of Directors. A copy of this Quarterly Report will be provided to any shareholder who requests it.

     
DIRECTOR’S SIGNATURE   DATE SIGNED
 
    
 
    
Signed:
 
 
    
“ERNEST CALVERT”
  00/11/20
 
   
 
    
DIRECTOR’S SIGNATURE
  DATE SIGNED
 
    
 
    
 
    
Signed:
 
 
    
“LOUIS WOLFIN”
  00/11/20
 
   

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SCHEDULE “B”
SUPPLEMENTARY INFORMATION
BRITISH COLUMBIA SECURITIES COMMISSION
FORM 61 — QUARTERLY REPORT

SECURITIES ISSUED DURING THE QUARTER ENDED OCTOBER 31, 2000

                         
Date of issue
  Type of security   Type of issue   Number / Amount   Price   Total Proceeds   Type of
Consideration
 
                       
 
                        
Nil
 
 
 
 
 
 
 
 
 
 
 
 
 

OPTIONS GRANTED DURING THE QUARTER ENDED OCTOBER 31, 2000

                     
Date Granted
  Number   Type   Name   Exercise Price   Expiry Date
 
                   
 
                    
Nil
 
 
 
 
 
 
 
 
 
 
 

AUTHORIZED AND ISSUED SHARE CAPITAL AS AT OCTOBER 31, 2000

                                 
                    ISSUED
                     
Class
   Par Value
  Authorized Number
  Number
  Amount
                 
Common
   No Par Value
    25,000,000       4,577,686     $ 12,780,959  
 
                                

OPTIONS, WARRANTS AND CONVERTIBLE SECURITIES OUTSTANDING

AS AT OCTOBER 31, 2000

                         
 
           Exercise or
        
Security
   Amount
  Convertible Price
  Expiry Date
 
                        
Options
     20,000     $2.58 per share     04/16/2001  
 
                        
Options
     352,500     $0.60 per share     02/03/2003  
 
                        
Options
     20,000     $0.60 per share     01/21/2002  
 
                        
Warrants
     58,051     $0.68 per share     03/12/2001  
 
                        

2

SHARES IN ESCROW OR SUBJECT TO POOLING AT OCTOBER 31, 2000

No shares are held in Escrow, or subject to pooling.

LIST OF DIRECTORS AS AT OCTOBER 31, 2000

     
ERNEST CALVERT
  MICHAEL BAYBAK
 
    
WILLIAM GLASIER
  GEORGE SCOTT
 
    
DAVID WOLFIN
  LOUIS WOLFIN
 
    
WILLIAM KOCKEN
 

SCHEDULE “C”

MANAGEMENT’S DISCUSSION
BRITISH COLUMBIA SECURITIES COMMISSION
FORM 61 — QUARTERLY REPORT
For the Quarter ended October 31, 2000

Avino Mine, Durango Mexico

During the period, silver production recovered to previous levels. Gold and copper have increased over the 1999 comparative period.

The mine has completed replacing much of its underground equipment.

Nine Months’ Production figures — Through October 31,

                 
    2000   1999
Silver (ounces)
     722,732       757,093  
Gold (ounces)
     7,021       6,377  
Copper (pounds)
     2,795,760       2,336,347  
Recovery Rates (%)
                
 
     2000       1999  
 
                
Silver
     76.52       79.76  
Gold
     78.45       77.78  
Copper
     87.20       88.38  

Bralorne Gold Mine, Bralorne, British Columbia

Gold prices continue to remain too low for further development of the Bralorne Gold Mine, located at the town of Bralorne in southwestern British Columbia. Management continues to explore additional financing opportunities, but market conditions are very difficult.

The Bralorne mine is permitted, and with construction of a tailings pond and purchase of additional milling equipment, it could be placed into production quickly.

Avino Silver and Gold Mines holds a 50% interest in the Bralorne Mine with joint venture partner Bralorne Pioneer Gold Mines Ltd.

Under the B.C. Securities Commission Form 61, “Quarterly Report”, the Commission requires, among other various information, that Exchange Issuers provide a brief summary of the investor relations activities undertaken by or on behalf of the Issuer during the quarter and disclosure of the material terms of any investor relations arrangements or contracts entered into by the Issuer during the quarter. In an effort to satisfy this requirement, we offer the following summary:

During the quarter, the Company incurred costs relating to the preparation and dissemination of Quarterly and Annual Reports and other shareholder information. The Company does not have an investor-relation’s contract or any arrangements relating thereto.

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