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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 garmin1on Oct 16, 2023 12:18pm
172 Views
Post# 35685535

Possible $100M gov’t funding for Nechalacho??

Possible $100M gov’t funding for Nechalacho??Canadian Infrastructure Bank has publicly said that $100 million to be announced this quarter for a critical minerals project in the north, no exact detail of which project it will be, only hinted that it produces multiple critical minerals and has got a feasibility study. Mentioned that it is a private enterprise, so I wonder if it's  referencing Cheetah, the underlying owner of the near surface mineral tenements at Nechalacho?

-Vital Metals continues to be in ASX voluntary suspension saying a material funding is pending.

-In the last 24 hours Vital has announced a new managing director and CEO Dr. Geordie Mark. Real interesting credentials.

-On Sept 11 Avalon's press release notes that currently they are awaiting  permits for drilling at Nechalacho.
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