Avino Silver & Gold Mines Ltd. (ASM): Análisis de la Matriz ANSOFF [Actualizado en enero de 2025]

En el mundo dinámico de la minería de metales preciosos, la plata avina & Gold Mines Ltd. se encuentra en una encrucijada crítica de transformación estratégica. Con un innovador enfoque de matriz de Ansoff, la compañía está a punto de revolucionar su presencia en el mercado a través de estrategias calculadas que abarcan la penetración del mercado, el desarrollo, la innovación de productos y la diversificación estratégica. Al aprovechar las tecnologías de vanguardia, explorar nuevos territorios geográficos y reinventar paradigmas mineros tradicionales, Avino no solo se está adaptando al panorama en evolución de la industria, sino que está reformando activamente el futuro de la exploración e inversión de plata y oro.

Plateado avino & Gold Mines Ltd. (ASM) - Ansoff Matrix: Penetración del mercado

Aumentar los esfuerzos de marketing dirigidos a inversores de plata y oro existentes

Plateado avino & Gold Mines Ltd. informó una producción total de plata de 235,000 onzas en 2022. La base actual de los inversores incluye 12,500 accionistas registrados.

Segmento de inversores	Asignación actual	Crecimiento objetivo
Inversores institucionales	62%	68%
Inversores minoristas	38%	42%

Optimizar la eficiencia de producción en Minas de Platosa y San Miguel

Costos de producción por onza de plata en la mina Platosa: $ 8.45 en 2022.

• Capacidad de producción actual: 1.200 toneladas por día
• Mejora de la eficiencia de producción de objetivos: 15%
• Potencial de reducción de costos estimado: $ 1.2 millones anuales

Implementar estrategias de precios agresivas

Metal	Precio actual	Estrategia de precios propuesta
Plata	$ 22.50/oz	Descuentos basados ​​en volumen
Oro	$ 1,800/oz	Incentivos por contrato a largo plazo

Expandir campañas de marketing digital

Presupuesto de marketing digital para 2023: $ 450,000

• Alcance en las redes sociales: 85,000 seguidores
• Tráfico del sitio web: 125,000 visitantes mensuales
• Correo electrónico Base de suscriptores: 18,500 contactos

Plateado avino & Gold Mines Ltd. (ASM) - Ansoff Matrix: Desarrollo del mercado

Posible expansión minera en México

Plateado avino & Gold Minas actualmente opera la propiedad Avino en Durango, México, que cubre 1,755 hectáreas. La estimación de reserva mineral de 2022 de la Compañía incluye 1.9 millones de toneladas de reservas probadas y probables, con grados de plata de 82.8 g/t.

Área de exploración	Hectáreas	Reservas minerales estimadas
Propiedad de Durango	1,755	1.9 millones de toneladas

Apuntar a nuevos mercados geográficos en América Latina

México representa el 50% de la producción de plata de América Latina, con una producción anual de aproximadamente 200 millones de onzas. Las regiones de expansión potenciales incluyen:

• Perú (segundo mayor productor de plata en América Latina)
• Chile (potencial minero de oro significativo)
• Argentina (jurisdicción minera emergente)

Desarrollo de asociaciones estratégicas

El informe financiero 2022 de Avino indica gastos de exploración y evaluación de $ 3.2 millones, potencialmente asignados hacia el desarrollo de la asociación.

Enfoque de asociación potencial	Inversión estimada
Colaboración de exploración regional	$ 1.5 millones
Transferencia de tecnología	$750,000

Investigación de mercado para regiones de inversión

Las proyecciones del mercado de plata indican una demanda global de 1,1 mil millones de onzas para 2025, con América Latina contribuyendo aproximadamente al 40% de la producción global.

• Precio de plata en 2022: $ 21.75 por onza
• Crecimiento de la demanda de plata proyectada: 3.5% anual
• Potencial de inversión minera latinoamericana: $ 25 mil millones para 2026

Plateado avino & Gold Mines Ltd. (ASM) - Ansoff Matrix: Desarrollo de productos

Desarrollar tecnologías avanzadas de procesamiento de minerales

Plateado avino & Gold Mines Ltd. invirtió $ 3.2 millones en actualizaciones tecnológicas para la mina Avino en México durante 2022. La compañía implementó un nuevo circuito de flotación con un 92.4% de eficiencia de recuperación de metales.

Inversión tecnológica	Cantidad	Año de implementación
Actualización de procesamiento de minerales	$ 3.2 millones	2022
Eficiencia de recuperación de metales	92.4%	Actual

Invierta en investigación para técnicas de extracción innovadora

El gasto de investigación y desarrollo para 2022 fue de $ 1.5 millones, centrado en la optimización de la extracción de plata y oro.

• Implementado técnicas de lixiviación avanzada
• Procesos de separación de metales propietarios desarrollados
• Costos de extracción reducidos en un 15,6%

Crear nuevos productos de inversión

Producto de inversión	Valor total	Interés de los inversores
Acuerdo de transmisión de metales preciosos	$ 12.7 millones	Aumento del 47% de 2021

Explorar la extracción de minerales de subproducto

Posibles minerales de subproductos identificados con ingresos adicionales estimados de $ 2.3 millones anuales.

• Potencial de extracción de cobre: ​​1.200 toneladas métricas
• Subproducto de zinc: 850 toneladas métricas
• Flujado de ingresos adicional estimado: $ 2.3 millones

Plateado avino & Gold Mines Ltd. (ASM) - Ansoff Matrix: Diversificación

Investigar posibles inversiones en proyectos de energía renovable adyacentes a las operaciones mineras

Plateado avino & Gold Mines Ltd. ha identificado posibles inversiones de energía renovable con los siguientes parámetros específicos:

Tipo de proyecto	Inversión estimada	Capacidad proyectada
Energía solar	$ 4.2 millones	5.6 MW
Energía eólica	$ 6.7 millones	8.3 MW
Geotérmico	$ 3.9 millones	4.1 MW

Considere adquisiciones estratégicas en sectores complementarios de exploración mineral

Objetivos potenciales de adquisición de exploración mineral:

• Propiedades de exploración de cobre en México: $ 12.5 millones
• Depósito de plata en Columbia Británica: $ 8.3 millones
• Derechos de exploración de zinc: $ 6.7 millones

Desarrollar soluciones de tecnología ambiental aprovechando la experiencia en ingeniería minera

Área tecnológica	Inversión de I + D	Valor de mercado potencial
Sistemas de reciclaje de agua	$ 2.1 millones	$ 15.6 millones
Tecnologías de gestión de residuos	$ 1.8 millones	$ 12.4 millones
Soluciones de captura de carbono	$ 2.5 millones	$ 18.2 millones

Explore posibles oportunidades de integración vertical en las industrias de procesamiento y refinación de metales

Desglose de inversión de integración vertical:

• Equipo de refinación de metal: $ 5.6 millones
• Actualizaciones de la instalación de procesamiento: $ 4.3 millones
• Tecnología metalúrgica avanzada: $ 3.9 millones

Segmento de integración	Inversión total	Retorno esperado
Procesamiento aguas arriba	$ 7.2 millones	12.5%
Refinación aguas abajo	$ 6.8 millones	11.3%

Avino Silver & Gold Mines Ltd. (ASM) - Ansoff Matrix: Market Penetration

Market Penetration for Avino Silver & Gold Mines Ltd. centers on maximizing output and efficiency from existing assets, primarily the Avino Mine, while integrating the new La Preciosa resource. This is about getting more from what you already have in your current market.

The primary operational lever here is throughput. You're aiming to maximize mill throughput to process up to 750,000 tonnes of material in the 2025 fiscal year. We saw a strong run rate in the middle of the year; for instance, Q2 2025 achieved a record mill throughput of 190,987 tonnes of material processed, which was a 36% increase versus Q2 2024. Still, Q3 2025 throughput was slightly lower at 188,757 tonnes, showing the variability that optimization seeks to smooth out.

Cost control is tied directly to this volume push and the La Preciosa integration. The goal is to accelerate La Preciosa integration to lower all-in sustaining costs (AISC) from the Q2 2025 level of $20.93 per ounce. For context, the year-to-date AISC through Q2 2025 averaged $20.54 per ounce, showing some initial success in cost management. The Q2 2025 cash cost was $15.11 per ounce, an 8% reduction in AISC from Q2 2024.

On the production side, the push is to increase silver equivalent production toward the high end of the 2025 guidance range, which is set at 2.8 million ounces. Through the first three quarters, production has been solid but subject to grade variations. Q2 2025 production hit 645,602 silver equivalent ounces, a 5% increase year-over-year, while Q3 2025 production was 580,780 silver equivalent ounces. Hitting the top of the guidance means consistently achieving the higher end of that 2.5 million to 2.8 million ounces range for the full year.

Securing favorable offtake terms is also key for market penetration. You need to negotiate higher-volume contracts with existing buyers like Samsung's commodities division. While a prior concentrates prepayment agreement with Samsung was extended until December 2024, which involved a facility of US$10 million, establishing a new, higher-volume arrangement for the increasing output from both mines is a clear action item here.

Finally, margins improve by getting the right material to the mill at the right time. This means optimizing the mining sequence to consistently feed the mill with higher-grade ore. We saw in Q2 2025 and Q3 2025 that feed grades were lower due to planned mine sequencing, which temporarily impacted silver and copper output, even as mill throughput remained high. Improving this sequence directly translates to better margins on the existing throughput capacity.

Here's a snapshot of the key operational metrics driving this strategy:

Metric	Target/Guidance for 2025	Latest Reported Figure (Q2 2025)	Latest Reported Figure (Q3 2025)
Mill Throughput (Tonnes)	Up to 750,000 tonnes (Annual)	190,987 tonnes (Quarterly Record)	188,757 tonnes
All-In Sustaining Cost (AISC)	Lower than $20.93 per ounce	$20.93 per ounce	Not specified for Q3
Silver Equivalent Production (Ounces)	Up to 2.8 million ounces (Annual Guidance)	645,602 ounces (Quarterly)	580,780 ounces (Quarterly)

To keep this momentum going, you should review the current mine plan against the 750,000 tonne annual throughput goal. Finance: draft the expected impact of a $1.00 per ounce AISC reduction on projected 2025 net income by next Tuesday.

Avino Silver & Gold Mines Ltd. (ASM) - Ansoff Matrix: Market Development

You're looking at how Avino Silver & Gold Mines Ltd. can take its existing silver and copper concentrates and push them into new territories or applications. That's the Market Development play here, and the company's balance sheet is definitely giving management some breathing room to make these moves.

Leveraging that financial strength is key for securing new geographic supply agreements. Honestly, the balance sheet position as of the third quarter of 2025 is the strongest it's been in 57 years for Avino Silver & Gold Mines Ltd.. You saw $57.3 million in cash at September 30, 2025, and the company remains debt-free, excluding operating equipment leases and the deferred royalty repurchase payment. That working capital position hit $50.8 million at the end of Q3 2025. This financial stability is the foundation to support their transformational growth plan, which includes exploring avenues beyond their current sales structure.

For expanding copper concentrate sales, you have to look at what they're producing and the metal prices driving the value. Avino Silver & Gold Mines Ltd. produced 1.3 million pounds of copper in Q3 2025, following 1.5 million pounds in Q2 2025. The realized price for copper, used in their Q1-Q3 2025 silver equivalent calculation, was $4.28 per pound. To expand sales to new Asian or European smelters, management needs to secure off-take agreements that reflect these strong realized prices, which supported Q3 2025 revenues of $21.0 million.

Targeting new industrial markets for silver, like solar energy or electric vehicle manufacturing, is more about positioning for future demand, as specific 2025 sales contracts in those areas aren't public. However, the underlying value is clear: the average spot silver price used for their year-to-date 2025 calculation was $32.77 per ounce. This high base price makes the metal attractive for high-tech applications where purity and ethical sourcing matter. You can frame this as a strategic move to capture a premium for silver used in these specialized, high-growth industrial sectors.

The push toward ethically-sourced silver appeals directly to ESG-focused European metal purchasers. Avino Silver & Gold Mines Ltd. has been proactive here; for the third consecutive year, they received the ESR Designation for their Corporate Social Responsibility (CSR) initiatives and community support. Furthermore, Avino Silver & Gold Mines Ltd. explicitly follows the ESG Standards and the United Nations Sustainable Development goals. This certification is your concrete evidence to market the silver as ethically-sourced to European buyers looking for compliance.

Regarding the Bralorne Gold Mines asset in Canada, the evaluation for establishing a new North American production base is complicated by past transactions. As of December 16, 2019, Avino Silver & Gold Mines Ltd. sold the Bralorne Gold Mines to Talisker Resources Ltd.. The consideration for that sale included C$8.7 million in cash and 12,580,000 Talisker common shares. While a recent October 2025 report mentioned the Bralorne Gold project as part of the company's resource base expansion, the concrete 2019 sale transaction dictates that developing it for a new production base isn't a near-term Market Development option unless a re-acquisition has occurred. The focus for new production in 2025 is clearly on bringing the La Preciosa material into the Avino Mill, with a 2025 production guidance range set at 2.5 - 2.8 million silver equivalent ounces.

Here's a quick look at the operational metrics supporting the current production base that feeds these market discussions:

Metric	Q2 2025 Result	Q3 2025 Result	2025 Annual Guidance Range
Revenue	$21.8 million	$21.0 million	N/A
Net Income	$2.9 million	$7.7 million	N/A
Silver Equivalent Production (ounces)	645,602	580,780	2.5 - 2.8 million
Copper Production (pounds)	1.5 million	1.3 million	N/A
Mill Throughput (tonnes)	190,987 (Record)	Not specified	700,000 to 750,000 (Total planned for 2025)

To execute on new market penetration, management should focus on the following actionable steps based on current strengths:

• Formalize marketing materials highlighting the ESR Designation for European sales.
• Initiate technical reviews for silver purity standards required by EV battery or solar cell manufacturers.
• Use the $57.3 million cash position to fund market research in target geographies.
• Develop a forward-looking sales strategy for copper concentrate targeting smelters outside of current contracts.
• Continue advancing La Preciosa to ensure the 2025 production guidance of 2.5 - 2.8 million AgEq ounces is met or exceeded.

Finance: draft the 2026 budget proposal incorporating a dedicated Market Development spend line by Friday.

Avino Silver & Gold Mines Ltd. (ASM) - Ansoff Matrix: Product Development

Fast-track the Oxide Tailings Project Pre-Feasibility Study to create a new, lower-cost silver-gold product.

The Preliminary Feasibility Study (PFS) for the Oxide Tailings Project (OTP), finalized in February 2024, outlined a nominal processing rate over a 9-year life of mine (LOM) of 2,250 tonnes per day. This project projected LOM Average Production Unit Costs, specifically All-In Sustaining Cost (AISC), of US\$10.23 per $\text{tr oz}$ silver equivalent. The initial capital cost for the leaching plant and contingency was estimated at US\$49.1 million. The OTP is designed to process historic residue material, with expected metal recoveries of 77.2% Ag and 74.9% Au.

Invest a portion of the Q3 2025 net income of $7.7 million into new metallurgical processes for better gold recovery (Q1 2025 recovery was 75%).

The Q3 2025 net income reached $7.7 million. This capital is earmarked for metallurgical process improvements, aiming to exceed the 75% gold recovery rate achieved in Q1 2025. Current operational costs provide a benchmark; Avino Silver & Gold Mines Ltd.'s Q3 2025 All-In Sustaining Cost (AISC) was $24.06 per silver equivalent ounce sold.

Develop a high-purity gold doré product line to capture a premium price in the existing precious metals market.

The focus on gold is supported by operational results; Avino Silver & Gold Mines Ltd.'s Q3 2025 gold production increased 19% year-over-year, totaling 1,935 ounces. This product line development leverages the existing Avino Mine's throughput, which rose 21% to 188,757 tonnes in Q3 2025.

Explore the economic viability of extracting lead and zinc byproducts more efficiently from the existing Avino Mine concentrate.

While the primary focus remains on silver and gold, the existing concentrate contains base metals that warrant a dedicated economic review. The Q3 2025 results showed copper production dropped 26% to 1.31 million pounds, indicating that the current process mix is heavily weighted toward precious metals, making byproduct extraction efficiency a clear area for product line expansion.

Utilize new drilling results, like the high-grade 1,600g silver equivalent intersections at La Preciosa, to define a premium ore stream.

The La Preciosa asset is set to define a premium ore stream, with recent drilling returning intercepts such as 7.9 meters of 1,600 grams of silver equivalent. This grade is substantially higher than the 200-gram resource grid used in the original mine plan for La Preciosa. The mine received its permit in Q1 2025 and commenced blasting in April 2025.

Here's a quick look at the operational context informing these Product Development choices:

Metric	Q3 2025 Actual (Avino Mine)	Oxide Tailings Project (PFS Basis)
Net Income	$7.7 million	N/A
AISC per $\text{AgEq}$ oz	$24.06	US\$10.23 per $\text{tr oz}$ $\text{AgEq}$
Gold Recovery	Not explicitly stated for Q3 2025	74.9%
Payable $\text{AgEq}$ oz Sold	562,604	1,008,000 $\text{oz}$ $\text{AgEq}$ per year (Average)
Initial Capital Cost	N/A	US\$49.1 million

The Product Development strategy hinges on integrating these new streams to meet the overall 2025 production guidance of 2.5 to 2.8 million silver equivalent ounces.

Key operational and development metrics supporting this strategy include:

• Q3 2025 Cash provided by operating activities: $8.3 million.
• Q3 2025 Payable silver equivalent ounces sold: 562,604.
• Q1 2025 Gold production increase: 25%.
• La Preciosa drilling intercept: 7.9 meters at 1,600 g/t $\text{AgEq}$.
• Q1 2025 Copper recovery: 87%.

Avino Silver & Gold Mines Ltd. (ASM) - Ansoff Matrix: Diversification

You're looking at how Avino Silver & Gold Mines Ltd. can move beyond its current silver and gold production base in Mexico. Diversification here means taking the strong balance sheet you built-hitting a record cash position of $57.3 million at September 30, 2025, and even growing that to approximately $65 million shortly after-and deploying it into new areas.

For acquiring a producing base metal mine, say for nickel or lithium in a stable jurisdiction, you have the capital right now. That $57.3 million cash reserve is a solid foundation, especially since Avino Silver & Gold Mines Ltd. remains debt-free, excluding operating equipment leases and the deferred royalty repurchase payment. This move would immediately shift your commodity exposure away from precious metals, which currently see revenue split with Silver at 49%, Gold at 19%, and the remainder from Copper as of the early 2025 outlook.

Forming a joint venture for silver-based electrical contacts or alloys is a step into product development and downstream integration. It leverages your primary commodity but adds manufacturing margin. Your Q3 2025 revenue was $21.0 million, showing the scale of your current sales, and this JV would aim to capture a different part of the value chain.

Investing in exploration for non-precious metals on existing Mexican concessions is a lower-risk diversification within the current geography. You are already exploring deeper at the Avino mine where you previously hit a high-grade intercept. This strategy seeks a new primary commodity without the geopolitical shift of moving to a new country, though your current operations are already in a jurisdiction described as safe.

Establishing a wholly-owned metals trading desk enters the financial derivatives market as a profit center. This is a pure financial play, distinct from mining operations. It would be a way to manage or speculate on price movements, which have impacted your costs; for instance, your Q3 2025 Cash Cost per silver equivalent ounce was $17.06, up 14% year-over-year, partly due to metal price movements.

Funding a new greenfield exploration project in a country like Peru or Chile directly addresses geopolitical risk diversification. While you are advancing La Preciosa, which saw a high-grade intercept of 1,638 g/t Ag & 1.92 g/t Au over 7.9 m true width, that is still within Mexico. A move to a new country would be a true diversification of political exposure, though you must weigh that against the capital required for internal projects, like the estimated $50 million capital expenditure for the Oxide Tailings project.

Here's a look at the recent financial strength supporting any such move:

Metric	Value (Q3 2025)	Change from Q3 2024
Cash Balance	$57.3 million	Record High
Working Capital	$51 million	Increased by over $10 million in quarter
Revenue	$21.0 million	Up 44%
Net Income	$7.7 million	Up 559%
Total Assets	$81.72 million	N/A
Total Liabilities	$27.73 million	N/A

Your current operational metrics show the efficiency gains you've made, which is the engine for this capital accumulation:

• Q3 2025 Silver Equivalent Production: 580,780 ounces.
• Q3 2025 Mill Throughput: 188,757 tonnes.
• Q3 2025 AISC per ounce: $24.06.
• 2025 Production Guidance Range: 2.5 - 2.8 million silver equivalent ounces.
• La Preciosa Development: Ramp driven down to Level 4.
• Mineral Reserve (Oxide Tailings): 371 million silver equivalent ounces total resource.

Finance: draft 13-week cash view by Friday.