www.avalonraremetals.com
Avalon Rare Metals is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable 'heavy' rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily.
Avalon Rare Metals scoops Environmental & Social Responsibility Award at PDAC
Rare Earth Minerals explorer and developer Avalon Rare Metals (TSX: AVL)(OTCQX: AVARF) has scooped the 2010 Environmental & Social Responsibility Award at this year’s Prospectors and Developers Association of Canada ("PDAC") convention in Toronto, Canada
The convention, which is the largest of its kind in the world, attracts thousands of attendees from all over the world, and is arguably the highest profile event in the mining calendar year.
Avalon Rare Earths won the award in recognition of its community engagement efforts during the exploration of the Nechalacho rare earth elements deposit, Thor Lake, North-West Territories.
The Environmental & Social Responsibility Award honours individuals or organizations demonstrating outstanding initiative, leadership and accomplishment in protecting and preserving the natural environment and/or in establishing good community relations during an exploration program or operation of a mine.
De Beers Canada was also a recipient of the award this year.
"Avalon is honoured to accept PDAC's Environmental & Social Responsibility Award." beamed Don Bubar, President & CEO during his remarks, "Since I joined the PDAC Board in 2004, I have been actively advocating for greater participation by aboriginal peoples in our industry and greater co-operation between companies and communities.
Thor Lake has provided an opportunity to practice what I have been preaching." Bubar went on to praise the efforts of Vice-President, Exploration, Bill Mercer as "a committed and inspirational partner" in implementing the principles of e3 Plus.
Bubar went on to recognize the leaders of Avalon's First Nations partners who were in attendance at the event, Chief Ted Tsetta, Yellowknives Dene First Nation, Chief Steven Nitah, Lutselk'e Dene First Nation, Chief Louis Balsillie, Deninu Kue First Nation and Chief Roy Fabien, Katlodechee First Nation, noting that, "It takes visionary community leadership to build successful partnerships".
Avalon Rare Metals Inc. is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the Nechalacho Deposit is one of the largest undeveloped rare earth elements resources in the world.
