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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canada-based mineral development company, which is focused on vertically integrating the Ontario lithium supply chain. The Company’s projects include East Kemptville Tin, Lilypad Cesium, Nechalacho Rare Earth Elements (REE), Separation Rapids Lithium and Warren Township Feldspar. The East Kemptville Tin-Indium Project is located approximately 45 kilometers (km) northeast of Yarmouth, Nova Scotia. The Lilypad Cesium-Tantalum Property consists of 14 claims totaling 3,108 hectares covering a field of cesium, tantalum and lithium-rich granitic pegmatites. The Nechalacho REE Property is located at Thor Lake, Northwest Territories. The Warren Township Anorthosite Project is an advanced specialty industrial minerals development opportunity located 100 km west of Timmins, Ontario in the Porcupine Mining Division. The property is located near road and rail infrastructure and is close to markets in southern Ontario and the northeastern United States.


TSX:AVL - Post by User

Post by Rorschached99on Jun 02, 2009 2:28pm
207 Views
Post# 16037250

Highlights stunning, IMO.

Highlights stunning, IMO.I note the grades are listed in percentages like the very rare, 'White Elephant', called Voisey Bay, the major difference being, Voisey is nickel and Thor is everything short of diamond calibre.
 
From the press release...

'All seven drill holes released encountered significant REE mineralization in the Basal zone over intervals ranging from 10 metres to 26.85 metres in thickness and averaging from 1.57 per cent total rare earth oxides (TREO) to 2.62 per cent TREO, in previously untested areas in the southern part of the deposit.'

'Highlights from the latest assays include a 26.85-metre interval in hole L09-148 averaging 1.8 per cent TREO with 29 per cent heavy rare earth oxides as a percentage of TREO (HREO) and 20 metres in hole L09-150 averaging 2 per cent TREO and comprising 30 per cent HREO. Drill hole L09-146 also included a second zone with Basal zone characteristics of high HREO, with 2.99 per cent TREO and 17 per cent HREO over 4.85 metres.'
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