Avalon Rare Metals
Avalon Rare Metals is a Canadian junior mineral exploration and development company with a primary focus on the rare metals and minerals, headquartered in Toronto, Ontario, Canada.
Avalon's primary asset is the 100% owned, advanced development stage project, Nechalacho Rare Earth Element Deposit located in the Northwest Territories, Canada. Avalon believes that Nechalacho is one of the highest quality undeveloped REE deposits in the world, unique in its exceptional enrichment in the heavy rare earths. Avalon also owns four other rare metals and minerals project in Canada, of which three are at advanced stages of development.
Avalon Rare Metals starts diamond drilling to test tin-indium-copper-zinc targets at East Kemptville
Avalon Rare Metals (TSX: AVL) has commenced a 2,000 metre diamond drilling programme on its exploration licenses in the East Kemptville area in Nova Scotia in mid January to test three target areas for tin-indium-copper-zinc mineralization similar to the past-producing East Kemptville tin deposit.
The East Kemptville deposit is a greisen, or hydrothermal replacement zone, associated with the contact of a regional granite intrusion known as the South Mountain batholiths, which has been at a location favourable for the occurrence of additional tin-indium-copper-zinc deposits. Several drill targets have been defined through the compilation of historical data supplemented by new surveys completed intermittently by the Company over the past 18 months.
The top priority target is known as Gardner's Meadows, where a combined geophysical and geochemical anomaly company is supported by anomalous tin values reported from limited historical drilling. At least four holes will be drilled to test the target with C$0.5 million pencilled for the work programme.
The company is also re-evaluating the potential for renewed tin-indium production at the East Kemptville site in a preliminary economic assessment currently conducted by Wardrop Engineering.
Avalon said that the tin and indium markets were attractive as ever as the demand for both metals from the consumer electronics industry has increased, resulting in stronger prices. Europe, China and California have all recently passed laws requiring the use of lead-free solders in electronics, for which tin is the most economical and reliable substitute. Tin and indium are also used as an alloy in flat-screen display panels, while indium is alloyed with gallium in CIGS solar power panels, which the company said were both expanding markets.
Other Avalon Rare Metals articles
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27/08/10 Rare Earth Metals Continue to Soar after China Reduces Export Quotas
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09/07/10 Avalon’s Heavy Rare Earth Elements Offer Massive Competitive Advantage
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19/11/09 Avalon Rare Metals completes drilling at Nechalacho and reports encouraging metallurgical testwork at East Kemptville
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20/07/09 Avalon making good progress at Lake Zone rare earth deposit in Canada
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11/05/09 Avalon Rare Metals eyes up Wind Power Potential at Thor Lake
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06/05/09 Avalon Rare Metals Inc. – Industry consolidation underway
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17/04/09 Avalon Rare Metals latest drilling results enhance Thor Lake’s remarkable potential
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16/03/09 Don Bubar of Avalon Rare Metals, formerly Avalon Ventures, speaks to Proactiveinvestors
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04/02/09 Don Bubar of Avalon Ventures talks to Proactiveinvestors
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03/11/08 Avalon Ventures – Thor Lake continues to propel ahead
Other Avalon Rare Metals news
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25/08/10 Don Bubar, President & CEO of Avalon Rare Metals, talks about prices going up by 35% and the largest rare earth resources outside China
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19/08/10 Avalon Rare Metals to complete scoping study for rare earth separation plant in North America
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27/07/10 Avalon Rare Metals and Foraco support MTS training program in Northwest Territory
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20/07/10 Avalon Rare Metals discovers extensions to Nechalacho rare earth elements deposit
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06/07/10 Avalon Rare Metals hires sales & marketing VP and senior research geologist
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21/06/10 Avalon Rare Metals publishes positive prefeasibility study for Nechalacho REE project
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14/06/10 Avalon Rare Metals reveal significant resource upgrade at Nechalacho REE project
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28/05/10 Avalon Rare Metals appoint new director David Connelly
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26/05/10 Avalon Rare Metals participates in BBC Radio 4 show about rare earths supply concerns
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12/05/10 Avalon discovers new high grade sub-zone in the Nechalacho rare earth deposit at Thor Lake
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