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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.


TSX:AVL - Post by User

Post by GUNSSon Jun 21, 2023 11:52am
295 Views
Post# 35507323

223 m of 0.96% Li2O is 4th best in world!

223 m of 0.96% Li2O is 4th best in world! Even if the whopping 853 [m x grade] interval is not apples to apples due to how it was drilled or what it measures, [see my last post] my understanding is that the 223 m at 0.96% Li2O interval from the same press release IS apples to apples to hard rock peers. If true, 223 x 0.96% = 214 [m x grade], is the 4th best I can find anywhere in the world. Australian-listed AVZ Minerals has the 2nd best result, but that stock has been halted for over a year due to a complicated legal dispute over project ownership. Note I'm tracking only the single best hole from each company, otherwise Frontier Lithium would have many of the top 10 intervals. Also, all of the comparisons are based on core widths, not "true widths". True widths would be better to use, but most companies have not reported true widths, perhaps that will change over time.
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