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lithium investing

Avalon Further Defines Resource Potential at Separation Rapids Lithium Project, Kenora ON

Priscila Barrera
Jul. 19, 2017 08:46AM PST
Battery Metals Investing

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) (“Avalon” or the “Company”) announces that the results from the Spring 2017 diamond drilling program have both expanded the lithium resource and provided better definition of the lithium mineralogical zoning in the total resource at the Company’s Separation Rapids Lithium Project. Five holes totalling 1,470 metres were drilled …

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) (“Avalon” or the “Company”) announces that the results from the Spring 2017 diamond drilling program have both expanded the lithium resource and provided better definition of the lithium mineralogical zoning in the total resource at the Company’s Separation Rapids Lithium Project. Five holes totalling 1,470 metres were drilled on the east and west extensions of the resource, where previous drilling had identified a high proportion lepidolite-rich lithium mineralization.
As quoted in the press release:

The results confirm that high-grade lepidolite mineralization comprises approximately 20% of the known lithium resource and is open for expansion, with the balance having predominantly petalite as the principal lithium mineral. Metallurgical testwork done to date has demonstrated that these minerals can be separately concentrated and used to generate different lithium derivative products, including both lithium hydroxide and lithium carbonate, as well as technical grade lithium for glass applications. Avalon has identified markets for all of these lithium products, including an initial commitment on off-take for the lepidolite concentrate from Lepidico Ltd.

Click here for the full text release

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