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Additional information
Additional	Information
Market:	TSX
Sector:	General Mining
Epic:	TSX: AVL
News:	Latest news
Web Site:	Avalon Ventures
Other Articles:

Description

Avalon Ventures Ltd. is a Canadian junior mineral exploration and development company, with a primary focus on rare metals and minerals with high technology and environmentally-beneficial applications. Avalon currently holds a portfolio of five such projects, including three that are at, or close to, the feasibility stage.

Share Price

In-depth Avalon Ventures Proactive Investors Articles

03/11/2008 Avalon Ventures – Thor Lake continues to propel ahead

Presentations & Company Media

30/05/2008 Avalon Research Presentation (Presentation)

Related Research & Media

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Company Statement:

Avalon Ventures Ltd. (AVL: TSX-V) is a Canadian junior mineral exploration and development company with a primary focus on the rare metals and minerals that are in increasing demand for environmentally-beneficial high technology applications. These include lithium, tantalum, cesium, beryllium, indium, gallium, rare earth elements (“REE”) such as neodymium and terbium and rare minerals such as calcium feldspar.

Avalon presently owns five rare metals and minerals projects in Canada, four of which are at an advanced stage of development. These are the Separation Rapids lithium minerals project, the Warren Township calcium feldspar project where bulk sampling programs are in progress, and the Thor Lake REE and the East Kemptville tin-indium-gallium-germanium projects, where large inferred resources have been identified requiring further drilling to bring the projects to the pre-feasibility stage.

Avalon has now clearly positioned itself in the marketplace as a unique junior resource company offering investors exposure to a broad range of rare metals and minerals that are now vital to a growing number of applications in electronics, automotive, aerospace, alternative energy and environmental protection. Specific examples include the strong demand for the REE’s terbium and europium because of their critical role in producing the colours in a flat panel display technology, indium and gallium in new solar energy panel technology and the REE’s neodymium, dysprosium and praseodymium used to make the super magnets that are critical to the technology behind the rapidly growing hybrid and electric car markets.

Demand for rare earth elements is soaring along with consumer demand for more fuel-efficient cars. A typical hybrid car contains over 30kg of rare earth elements and new sources of supply will be needed to meet the growing global demand, which currently is supplied almost entirely by China. At Thor Lake, Avalon owns one of the highest quality undeveloped REE deposits in the world, unique in its exceptional enrichment in the more valuable “heavy rare earths” such as europium, dysprosium and terbium .

Avalon’s strategy for growth is to develop its rare metals and minerals projects to production and cash flow, expand the markets for these materials and acquire additional compatible rare metals assets. Now well-financed with over $16 million in cash resources and a growing audience amongst institutional investors, Avalon is well-positioned to advance its priority projects and build substantial shareholder value as development milestones are achieved.

Current Operations:

RARE MINERALS AND METALS

Separation Rapids Lithium -Tantalum Project, Kenora, Ontario

The Separation Rapids property is host to one of the largest rare metal pegmatite deposits in the world. Known as the “Big Whopper” it is only the fourth example in the world of a rare metal pegmatite with the size required to be of major economic importance and only the second to be enriched in the rare lithium mineral called petalite. The deposit is a potential source of lithium minerals for use in the glass and ceramics industry and is now also being evaluated for a new application in a high-strength, non-combustible composite material.

The Separation Rapids property now consists of ten mineral claims totalling 90 claim units, covering approximately 3,600 acres owned 100% by Avalon. (Read More)

Also read about Thor Lake, Warren Township, Lilypad Lakes and East Kemptville.

BASE METALS/GOLD & SILVER

Red Hill Copper-Zinc-Silver-Gold VMS Property

Avalon can earn a 100% interest in the Red Hill property from Teck Cominco Limited by incurring expenditures totaling $1,200,000 by December 31, 2008. Expenditures to date total approximately $620,000. Teck Cominco would retain a 2% NSR royalty interest and certain back-in rights to re-acquire up to a 70% interest in the property first by funding 2.5 times Avalon’s expenditures to earn a 51% interest, then by completing a feasibility study on the property at its sole cost to earn an additional 14% interest. Finally, Teck Cominco can earn an additional 5% interest, to bring its ultimate interest to 70%, by arranging all production financing. (Read More)

U6 Savant Gold Property, Sioux Lookout, Ontario

The U6 Savant gold property is located in Conant Township, approximately 13 kilometres north of Savant Lake and 50 km east of the town of Sioux Lookout in Northwestern Ontario. The property lies about 15 km east of Hwy 599 and is now directly accessible via a new logging road constructed in 2005.

The U6 Savant property is comprised of 2 claims covering 1280 acres owned outright by Teck Cominco Limited. Avalon earn a 100% undivided interest in the property by incurring $500,000 in expenditures on the property by December 31, 2008.

To read about Avalon's taget commodities click HERE

Management

Donald S. Bubar, M.Sc., P.Geo, President and CEO

Consulting Geologist with over 30 years experience in mineral exploration in Canada. Former Vice-President Exploration for Aur Resources Inc. President of the Company since 1995.

R.J. (Jim) Andersen, C.A., C.P.A. Vice-President, Finance and CFO

Principal of accounting firm Andersen & Company Professional Corporation; in charge of the Company’s external audit from 1996 to 2000.

Ian M. London, P. Eng. M.B.A. Vice-President, Corporate Development

Over 30 years of business experience including terms as CEO of Process Products Limited and President & CEO of Ontario Hydro International Inc.

William Mercer, Ph.D. P.Geo. Vice-President, Exploration

Consulting Geologist with over 30 years experience in Canada and abroad. Formerly Chief Geologist for Noranda-Falconbridge and Past President of PDAC (2000-2002).

Cindy Hu, CA, CPA, CGA, Controller

Chartered Accountant with 10 years experience in public accounting practice and financial reporting for Junior public companies.

Mary Quinn, Corporate Secretary

Over 25 years experience in the legal sector and mining industry, most recently as Corporate Secretary for a TSX-listed mining company.