Sprott Asset Management LP – ‘SC 13G’ on 12/10/10 re: Avino Silver & Gold Mines Ltd

On:  Friday, 12/10/10, at 9:57am ET   ·   Accession #:  1277006-10-46   ·   File #:  5-32467

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Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      Statement of Beneficial Ownership                      6±    20K 

Document Table of Contents

SCHEDULE 13G                                                                    
Under the Securities Exchange Act of 1934                                       

Avino Silver and Gold Mines Ltd.                                                
(Name of Issuer)                                                                

Common Shares                                                                   
(Title of Class of Securities)                                                  

053906103                                                                       
(CUSIP Number)                                                                  

November 30, 2010                                                               
(Date of Event Which Requires Filing of this Statement)                         

Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed:                                                                       
[   ]Rule 13d-1(b)                                                  
[ X ]Rule 13d-1(c)                                                  
[   ]Rule 13d-1(d)                                                  

CUSIP No. 053906103                                                             

........................................                                        

1.   NAME OF REPORTING PERSON                                                   
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)            

Sprott Asset Management LP                                        
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                          
                                                          (a)  [ ]
                                                          (b)  [X]
________________________________________________________________________________
3.   SEC USE ONLY                                                               

________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Ontario, Canada                                                   
________________________________________________________________________________
NUMBER OF    5.   SOLE VOTING POWER                                         

SHARES             0                                                      
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER                                         

OWNED BY             4,800,000                                              
               _________________________________________________________________
EACH       7.   SOLE DISPOSITIVE POWER                                  

REPORTING           0                                                       
               _________________________________________________________________
PERSON      8.   SHARED DISPOSITIVE POWER                                 

WITH               4,800,000                                            
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

4,800,000                                                       
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      

                                                                       [_]
________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            

18.7%                                                             
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*                                                  

IA                                                                
________________________________________________________________________________

CUSIP No. 053906103                                                             

........................................                                        

1.   NAME OF REPORTING PERSON                                                   
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)            

Sprott Canadian Equity Fund                                       
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                          
                                                          (a)  [ ]
                                                          (b)  [X]
________________________________________________________________________________
3.   SEC USE ONLY                                                               

________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION                                       

Ontario, Canada                                                   
________________________________________________________________________________
NUMBER OF    5.   SOLE VOTING POWER                                         

SHARES             0                                                      
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER                                         

OWNED BY             2,435,000                                              
               _________________________________________________________________
EACH       7.   SOLE DISPOSITIVE POWER                                  

REPORTING           0                                                       
               _________________________________________________________________
PERSON      8.   SHARED DISPOSITIVE POWER                                 

WITH               2,435,000                                            
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

2,435,000                                                       
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*      

                                                                       [_]
________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            

9.9%                                                              
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*                                                  

OO                                                                
________________________________________________________________________________

Item 1.                                                                         

(a)   Name of Issuer: Avino Silver and Gold Mines Ltd.              

(b)   Address of Issuer's Principal Executive Offices:              
#400, 455 GRANVILLE STREET, Vancouver,BC Canada V6C 1T1 

Item 2.                                                                         

(a)   Name of Person Filing:                                        
Sprott Asset Management LP                      
Sprott Canadian Equity Fund                     

(b)   Address of Principal Business Office:                         
Sprott Asset Management LP:                     
              Suite 2700, South Tower, Royal Bank Plaza, Toronto, ON M5J 2J1
Sprott Canadian Equity Fund:                    
              Suite 2700, South Tower, Royal Bank Plaza, Toronto, ON M5J 2J1

(c)   Citizenship:                                                  
Sprott Asset Management LP: Canada              
Sprott Canadian Equity Fund: Canada             

(d)   Title of Class of Securities: Common Shares                   

(e)   CUSIP Number: 053906103                                       

Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),     
check whether the person filing is a:                       

(a) [ ] Broker or dealer registered under section 15 of the Act     
(15 U.S.C. 78o).                                    

(b) [ ] Bank as defined in section 3(a)(6) of the Act               
(15 U.S.C. 78c).                                    

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act 
(15 U.S.C. 78c).                                    

   (d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).              

     (e) [ ] An investment adviser in accordance with ss. 240.13d-1(b)(ii)(E).

 (f) [ ] An employee benefit plan or endowment fund in accordance with
ss. 240.13d-1(b)(1)(ii)(F).                         

 (g) [ ] A parent holding company or control person in accordance with
ss. 240.13d-1(b)(1)(ii)(G).                         

(h) [ ] A savings association as defined in Section 3(b) of the     
Federal Deposit Insurance Act (12 U.S.C. 1813).     

(i) [ ] A church plan that is excluded from the definition of an    
       investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3).              

(j) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).       

Item 4. Ownership                                                               

(a) Amount Beneficially Owned:                                      
Sprott Asset Management LP:  4,800,000          
Sprott Canadian Equity Fund:  2,435,000         

(b) Percent of Class:                                               
Sprott Asset Management LP: 18.7%               
Sprott Canadian Equity Fund: 9.9%               

(c) Number of shares as to which such person has:                   

(i)   Sole power to vote or to direct the vote:     
Sprott Asset Management LP: 0   
Sprott Canadian Equity Fund: 0  

(ii)  Shared power to vote or to direct the vote:   
      Sprott Asset Management LP:  4,800,000
      Sprott Canadian Equity Fund: 2,435,000

        (iii) Sole power to dispose or to direct the disposition of:
Sprott Asset Management LP: 0   
Sprott Canadian Equity Fund: 0  

         (iv) Shared power to dispose or to direct the disposition of:
      Sprott Asset Management LP:  4,800,000
      Sprott Canadian Equity Fund: 2,435,000

Item 5. Ownership of Five Percent or Less of a Class:                           

       If this statement is being filed to report the fact that as of the date
       hereof the reporting person has ceased to be the beneficial owner of more
      than five percent of the class of securities, check the following. [ ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person:        

N/A                                                             

Item 7. Identification and Classification of the Subsidiary Which Acquired the  
Security Being Reported on By the Parent Holding Company:       

N/A                                                             

Item 8. Identification and Classification of Members of the Group:              

N/A                                                             

Item 9. Notice of Dissolution of Group:                                         

N/A                                                             

Item 10. Certification:                                                         

              By signing below I certify that, to the best of my knowledge
       and belief, the securities referred to above were not
          acquired and are not held for the purpose of or with the
             effect of changing or influencing the control of the issuer
             of the securities and were not acquired and are not held in
        connection with or as a participant in any transaction
having that purpose or effect.                

 SIGNATURE

  After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and  
correct.                                                                        

 December 10, 2010
  ------------------
    Date

           SPROTT ASSET MANAGEMENT LP,
       by its General Partner,
               SPROTT ASSET MANAGEMENT GP INC.

                 By: _____________________________
           Name: /s/ Kirstin McTaggart
               Title: Chief Compliance Officer

            Sprott Canadian Equity Fund,
          by its Investment Manager,
          SPROTT ASSET MANAGEMENT LP

                 By: _____________________________
           Name: /s/ Kirstin McTaggart
               Title: Chief Compliance Officer

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13G’ Filing		Date		Other Filings
Filed on:		12/10/10		6-K,  SC 13G,  SC 13G/A
		11/30/10		6-K
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