Avalon’s Prefeasibility Study on the Nechalacho REE Deposit, Thor Lake, NWT, Confirms Positive Economics

- June 21st, 2010

Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF)(PINK SHEETS:AVARF) announced the results of a positive Prefeasibility Study on the Nechalacho Rare Earth Elements deposit, Thor Lake NWT, Canada.

Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF)(PINK SHEETS:AVARF) announced the results of a positive Prefeasibility Study on the Nechalacho Rare Earth Elements deposit, Thor Lake NWT, Canada.

The press release is quoted as saying:

Avalon Rare Metals Inc. 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.

Click here to access the entire press release

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