Exhibit EX-99.4

British Columbia Securities Commission
BC FORM 51-901F

ISSUER DETAILS:

FOR QUARTER ENDED

DATE OF REPORT

NAME OF ISSUER

Avino Silver & Gold Mines Ltd.

July 31, 2002

September 26, 2002

ISSUER ADDRESS:

Suite 400, 455 Granville Street

CITY

PROVINCE

POSTAL CODE

ISSUER FAX NO.

ISSUER TELEPHONE NO.

Vancouver,

B.C.

V6C 1T1

(604) 682-3600

(604) 682-3701

CONTACT PERSON

CONTACT’S POSITION

CONTACT TELEPHONE NO.

Andrea Regnier

Accountant

(604) 682-3701

WEBSITE: www.avino.com

E-MAIL: dawnpacific@telus.net

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:		02/09/26

“LOUIS WOLFIN”

DIRECTOR’S SIGNATURE		DATE SIGNED

Signed:		02/09/26

“DAVID WOLFIN”

AVINO SILVER & GOLD MINES LTD.
Consolidated Balance Sheet
July 31, 2002


	July 31,			January 31,
	2002			2002
	$			$
ASSETS

Current assets:
Cash		11,834			1,317
Accounts receivable and prepaid expenses		8,169			8,242
Due from related parties (Note 6.b)		35,059			35,059

		55,062			44,618
Due from Bralorne-Pioneer Gold Mines Ltd.		108,402			129,922
Mineral property interests (Note 4)		—			1,600,000
Investment in Mexican affiliate		1			1
Investments in related companies		427,084			427,084
Other assets		37,843			37,843

		628,392			2,239,468

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current Liabilities:
Accounts payable and accrued liabilities		31,896			71,618
Payable to related parties (Note 7.c)		360,137			331,812

		392,033			403,430
Debentures payable (Note 6)		—			1,629,171

		392,033			2,032,601

Shareholders’ equity:
Capital stock (Note 5)		13,036,787			12,931,787
Contributed surplus		184,967			184,967
Deficit		(12,883,526	)		(12,808,018	)

		338,228			308,736
Deduct: 14,180 shares held for future disposition-at cost		(101,869	)		(101,869	)

		236,359			206,867

		628,392			2,239,468

On behalf of the Board:
“Louis Wolfin”
Director
“Ernest Calvert”
Director
AVINO SILVER & GOLD MINES LTD.
Consolidated Statement of Operations and Deficit
July 31, 2002 and 2001


	3 months						6 months
	July 31,						July 31,
	2002			2001			2002			2001
	$			$			$			$
Administrative expenses
Accounting and audit fees		(1,900	)		255			11,255			736
Amortization of deferred exchange loss					8,773						23,330
Auto expense		975						975
Consulting fees		7,500			7,500			15,000			15,000
Interest expense		25,818			16,476			51,998			52,346
Insurance, business license and taxes								—			500
Foreign exchange		(4,643	)		6,478			(27,662	)
Investor relations and Shareholder information		8,599			1,140			11,253			1,266
Legal fees		(4,572	)		625			—			1,994
Listings and filing fees		750			501			4,423			1,305
Office and administration		1,149			8,154			1,183			12,151
Transfer agent fees		2,435			2,445			4,172			2,100
Travel and accommodation Salaries and benefits		3,000			4,061			3,000			7,279

		39,111			(57,953	)		(75,597	)		(115,632	)
Less: interest income		88			1,537			88			443

(Loss) net income before the following:		(39,023	)		(54,416	)		(75,509	)		(115,189	)
Equity in loss of affiliate		—			(341,732	)		—			(478,339	)

(Loss) net income for the period		(39,023	)		(398,148	)		(75,509	)		(593,528	)
Deficit, beginning of period		(12,844,503	)		(9,712,816	)		(12,808,017	)		(9,517,436	)

Deficit, end of period		(12,883,526	)		(10,110,964	)		(12,883,526	)		(10,110,964	)

(Loss) gain per share		(0.01	)		(0.03	)		(0.02	)		(0.04	)

AVINO SILVER & GOLD MINES LTD.
Statement of Cash Flows July 31, 2002


	3 months						6 months
	July 31,						July 31,
	2002			2001			2002			2001
	$			$			$			$
PROVIDED BY (USED IN)

Operating activities:
(Loss) net income for the period		(39,023	)		(398,148	)		(75,509	)		(593,528	)

Items not involving cash:
Equity in loss (income) of affiliate		—			341,732			—			478,339
Amortization of deferred foreign exchange		—			(8,773	)		—			9,942
Finance expense		(25,818	)		(16,476	)		(51,998	)		(32,952	)
Foreign exchange		(4,643	)		—			(27,662	)
Interest expense on debenture payable		25,818			16,476			51,998			32,952
Write-down of investments		—			—
		(43,666	)		(65,189	)		(103,171	)		(105,247	)

Changes in non-cash working capital items:
Due from Bralorne		21,520			—			21,520			—
Amounts receivable and prepaid expenses		(1,021	)		(15,226	)		73			(24,960	)
Accounts payable and accrued Liabilities		(27,304	)		(1,702	)		9,461			31,772
Due to related parties		8,550			75,110			28,325			94,786

		(63,441	)		58,182			(65,312	)		101,598


Investing activities:
Mineral property interest		1,602,775			(13,259	)		1,600,000			(15,225	)
Term deposits					6,075						6,075
Deferred foreign exchange loss					17,350						13,387

		1,602,775			10,166			1,600,000			4,237

Financing activities
Issuance of shares		105,000			—			105,000			—
Convertible debentures		(1,632,331	)		—			(1,629,171	)		—

		75,444			—			75,829			—
Increase (Decrease) in cash		12,003			3,159			10,517			588

Cash, beginning of period		(169	)		3,696			1,317			6,267

Cash, end of period		11,834			6,855			11,834			6,855

AVINO SILVER & GOLD MINES LTD.
Notes to Consolidated Financial Statements
July 31, 2002

1. Basis of Presentation

These unaudited interim financial statements have been prepared in accordance with the instructions for the preparation of such financial statements contained in the CICA Handbook Section 1751. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such instructions. These unaudited financial statements should be read in conjunction with the audited financial statements and notes thereto for the year ended January 31, 2001.

2. Comparative Figures

Certain of the prior years comparative figures have been reclassified to conform to the presentation adopted for the current year.

3. Mineral Properties

Exploration and development expenditures incurred during the period are as follows:


Balance beginning of period:	2002			2001
	$	1,600,000		$	3,236,838

Bralorne Property {r}
Mine power		877			1,463
Mine office Mine		193			453
Maintenance		755			50
Salaries		950
Staking and prospecting		—

Transfer of interest		2,775			1,966
		(1,602,775	)		—

Balance end of period	$	0		$	3,238,804

On November 23, 1998, the Company granted Coral Gold Corp. a company with Directors in common, an option to earn 50% of the Company’s 50% interest in the Bralorne and Loco properties and in the Avino-Bralorne joint ventures. In order to earn its interest, Coral paid $500,000 on acquiring the option, paid $200,000 in the year ended January 31, 2000 and is required to make further payments of $200,000 per year until 2003, and $250,000 in 2004. The Company has not received the required payment.
During the period Coral gave notice to the Company of their intent to abandon the option.

During the period the Company agreed to transferred its interest in the project to Bralorne-Pioneer Gold Mines Ltd. a public company with Directors and management in common, in consideration of $1 and Bralorne assuming the full amount of the debenture principal and interest payable under the terms of the debentures.

4. Share Capital


a) Authorized: 25,000,000 common shares without par value
b) Issued:	Shares		Amount
Balance, beginning of period		5,463,525	$	12,931,788
Issued during the period:		—		—
For cash		175,000		105,000

Balance, end of period		5,638,525	$	12,036,788

c) Stock Options

During the period, 175,000 stock options were exercised at a price of $0.60 per share. There are 177,500 stock options remaining exercisable at $0.60 expiring on February 3, 2003.

5. Convertible Debentures

On August 31, 1995, the Company together with Bralorne-Pioneer (collectively the “Issuers”) completed a joint offering of 2,000 Mortgage Bond units. Each unit consisted of one U.S. $1,000 face value debenture. The debentures bear interest at 7% payable annually, and by amendment the debentures mature and are due on October 25, 2002. The debentures are not redeemable prior to maturity date. The debentures were secured by a first charge over the Issuers’ interest in the Bralorne project. The debentures are joint and several obligations of the Issuers, with recourse against Avino Limited to Avino’s interest in the Bralorne project.

During the period, the Company transferred its interest in the Bralorne project and other assets of the related joint venture to Bralorne-Pioneer Gold mines Ltd, in a non-cash transaction. Consideration for the transfer was the assumption by Bralorne-Pioneer Gold Mines Ltd. of the Company’s 50% share of the secured, limited recourse debentures and accrued interest thereon. (See Note 4).

6. Related Party Transactions

Related party transactions not disclosed elsewhere in these statements are as follows:

a) During the period the company paid, or made provision for the future payment of the following amounts to related parties:

i) $16,125 to a private company with two common directors for administrative expenses

ii) $15,000 (2001-$15,000) to a private company controlled by a Director for consulting fees.

7. Related Party Transactions, continued

b) Due from related parties comprise $35,059 due from companies with common Directors for exploration expenses.

c) Due to related parties consist of

i) $272,315 due to a private company controlled by two directors as
disclosed in 9.a)i) above;

ii) $35,422 due to a private company controlled by a Director;

iii) $52,500 due to a Director of the company.