Exhibit EX-99.10

CITY PROVINCE

POSTAL CODE

ISSUER FAX NO.

ISSUER TELEPHONE NO

Vancouver, British Columbia

V6C 1T1

(604) 682-3600

(604) 682-3701


NAME OF ISSUER	FOR QUARTER ENDED	DATE OF REPORT
AVINO SILVER & GOLD MINES LTD.	April 30, 2003	June 27, 2003


CONTACT PERSON	CONTACT’S POSITION		CONTACT TELEPHONE NO.

Andrea Regnier	Accountant & Secretary		(604) 682-3701



E-MAIL ADDRESS:		WEB SITE ADDRESS



dawnpacific@telus.net		www.avino.com

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 Signed: “Louis Wolfin”		DATE SIGNED 03/06/27


DIRECTOR’S SIGNATURE Signed: “David Wolfin”		DATE SIGNED 03/06/27


Date	Type of		Number of shares						Type of
YY/MM/DD	Issue	Description	Issued		Price per share		Proceeds $		consideration
03/03/18	Common	Exercise of Options		2,000	$	0.58	$	1,160	Cash

03/04/02	Common	Exercise of Options		8,000	$	0.58	$	4,640	Cash

03/04/10	Common	Exercise of Options		18,000	$	0.58	$	10,440	Cash

03/04/14	Common	Exercise of Options		50,000	$	0.58	$	29,000	Cash

Date of Grant

YY/MM/DD

Number

Type

Description/name

Exercise price

Expiry date

Nil

Exercise or

convertible price

Expiry Date

Security

Amount

per share

YY/MM/DD

Options

446,000

0.58

07/10/23


Ernest Calvert, Director		Michael Baybak, Director

William Glasier, Director		Louis Wolfin, President and Director

David Wolfin, Director		Andrea Regnier, Secretary

William Kocken, Director

SCHEDULE “B”
BRITISH COLUMBIA SECURITIES COMMISSION
FORM 51-901F QUARTERLY REPORT

The Company’s principal business activities are exploration and development of mineral properties. The Company is continually investigating new exploration opportunities, and mineral exploration is carried out on properties identified by management as having favorable exploration potential. The focus for the quarter has been on the Aumax property located in the Lillooet Mining Division of British Columbia.

The Company reports a net loss of Cdn $37,166 or $0.01 per share, for the quarter ended April 30, 2003, compared to a net loss of $36,486 or $0.01 per share for the corresponding quarter in 2002. The Company had no operating revenues.

There were no write-downs or write-off during the quarter. Included in the 2002 loss was $26,180 in interest expense and a charge to operations of a gain in foreign exchange of $23,019. These items relate to an outstanding debenture which came off the balance sheet during the 2003 fiscal year. Audit and accounting fees have reduced from $13,154 to $4,250, due in part to re-categorizing certain expenses to Office and administration. Salaries and benefits have increased from $Nil to $6,037 as a result of the Company employing an additional staff member. The Company incurred $2,943 during the quarter in miscellaneous property investigation compared to $Nil in 2002. Legal fees were $4,572 in 2002 compared to $Nil this period. The Company did not require legal assistance during this quarter. Office and administration have increased from $35 in 2002 to $4,741 due in part to a late accrual of $2,684 which was incurred during the 2002 fiscal year and an increase in office assistance during quarter.

The Company has been focusing its efforts on the silver mine in Mexico. Negotiation have been on-going with the shareholders of Cia Minera to purchase their interest which would result in the Company holding 100% interest in the Mine and properties. The Company has also been preparing an exploration plan for the Aumax property in British Columbia. The Company is raising funds through a flow-through private placement to conduct the work.

Under a Management Consulting Agreement dated August 1, 1997 between the Company and Frobisher Securities Inc.(“Frobisher”) a private company controlled by the President of the Company, the Company pays Frobisher a remuneration of $2,500 per month plus out of pocket expenses. Included in the amounts due to related parties is $61,029 due under this agreement. The President of the Company also made a cash loan to the Company of $52,500 which is also included in amounts due to related parties.

The Company has a contract with Oniva International Services Corp. (“Oniva”) a private company owned by Avino and three other affiliated company’s, and controlled by two directors of the Company, whereby Oniva provides certain administrative and exploration services to Avino. The Company has a payable to Oniva of $257,171.

MANAGEMENT’S DISCUSSION & ANALYSIS
For the period ended April 30, 2003
Page 2

At this time, the Company has no operating revenues, and does not anticipate any operating revenues until the Company is able to find, acquire, place in production and operate a profitable mining property.

Historically, the Company has raised funds through equity financing and the exercise of options and warrants to fund its operations. The Company has a working capital deficiency of $185,971 at April 30, 2003. Although the Company is planning to settlement a large portion of debt with shares, the Company will need to re-finance in order to maintain operations.

On August 31, 1995, the Company, together with Bralorne-Pioneer Gold Mines Ltd., (“Joint Venture”) completed a joint offering of 2,000 Mortgage Bond units. Each unit consisted of one U.S. $1,000 face value debenture and 100 common shares of the Company. The debentures bear interest at 7% payable annually, and mature and are due on October 25, 2003. The debentures are not redeemable prior to maturity date. The debentures are secured by a first charge over the Company’s interest in the Bralorne Mine and Loco property. Although the Company has assigned its interest in the Property to Bralorne and Bralorne has assumed the Company’s liability under the Bonds, the Company could be subject to liability under the debentures.

Mineral exploration and development involve a high degree of risk and few properties are ultimately developed into producing mines. There is no assurance that the Company’s future exploration and development activities will result in any discoveries of commercial bodies of ore. Whether an ore body will be commercially viable depends on a number of factors including the particular attributes of the deposit such as size, grade and proximity to infrastructure, as well as mineral prices and government regulations, including regulations relating to prices, taxes, royalties, land tenure, land use, importing and exporting of minerals and environmental protection. The exact effect of these factors cannot be accurately predicted, but the combination of these factors may result in a mineral deposit being unprofitable.

The market price of metals is highly speculative and volatile. Instability in metal prices may affect the interest in mining properties and the development of and production from such properties.

The mining industry in which the Company is engaged is in general, highly competitive. Competitors include well-capitalized mining companies, independent mining companies and other companies having financial and other resources far greater than those of the Company. The Company competes with other mining companies in connection with the acquisition of gold and other precious metal properties. In general, properties with a higher grade of recoverable mineral and/or which are more readily minable afford the owners a competitive advantage in that the cost of production of the final mineral product is lower. Thus, a degree of competition exists between those engaged in the mining industry to acquire the most valuable properties. As a result, the Company may eventually be unable to acquire attractive mining properties.