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Avalon Advanced Materials Inc.
Summary
| Project: | Separation Rapids | |
|---|---|---|
| Deposit: | Separation Rapids | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 4/3/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 3-4-2018: Avalon Advanced Materials Inc. announces an Exploration/Drilling Update report for its Separation Rapids deposit at the Separation Rapids project. Drilling results incl. 77.05m @ 1.27% Li2O from 162.5m. Toronto, Ontario- (Newsfile Corp. - April | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bill Mercer (Internal) | |
| ABSTRACT: | Toronto, Ontario- (Newsfile Corp. - April 3, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report assay results from its successful 2018 winter drilling program at its Separation Rapids Lithium Project near Kenora, Ontario. The results were highlighted by a 37.75 metre intersection of lepidolite-rich mineralization in hole SR18-80 that averaged 1.58% Li2O. Six holes totalling 1,548 metres were completed. All holes intersected significant lithium mineralization, both petalite and lepidolite-petalite bearing, as detailed in the tables below. An updated resource estimate is being prepared which is expected to be completed by the end of April. Metallurgical process optimization and environmental work is also continuing and the results of this work, along with the revised resource estimate, will be used to complete an updated technical report this spring. The drilling program consisted of four holes (SR18-77 to 80) on the main deposit. Two additional holes (SR18-75 and 76) were drilled on the Western Pegmatite, about 700 metres to the west of the main deposit. Both intersected significant petalite mineralization over true widths of up to three metres, confirming lateral continuity of the deposit to the west over relatively narrow widths. All four holes in the main deposit yielded significant intersections of both Petalite Zone ("PZ") and Lepidolite-Petalite Zone ("LPZ") mineralization outside of the existing mineral resource that will result in additions to the total resource tonnage. | |
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