TSX:AVL - Post Discussion
Post by
Betteryear2 on May 04, 2023 9:49am
Avalon Expands Resource Potential
Toronto, Ontario--(Newsfile Corp. - May 4, 2023) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") announces that the preliminary results from the winter 2023 diamond drilling program has potentially expanded the lithium resource at the Company's Separation Rapids Lithium Project. Thirteen holes totalling 4179 metres were drilled on the central main mass depth extensions of the resource. Of note, the final hole totalled 570 metres vertically through the deposit and confirmed visual petalite mineralization to a depth of 565 metres. This increases the potential depth of the deposit by 80% from the previously tested 315 metres deepest intercept. The other twelve holes intersected mineralization to the east, west and at depth from the existing resource and justify completion of an updated resource estimate for the Separation Rapids lithium deposit. Assays from four of the holes are pending. Avalon Expands Resource Potential at Separation Rapids Lithium Project, Kenora ON (newsfilecorp.com)
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