Avalon Re-activates Lilypad Cesium-Tantalum- Lithium Project, North of Thunder Bay, ON
Avalon Re-activates Lilypad Cesium-Tantalum-
Lithium Project, North of Thunder Bay, ON
Toronto, Ontario--(Newsfile Corp. - October 14, 2020) -
Avalon Advanced Materials Inc.
(TSX: AVL)
(OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has re-activated its 100%
owned Lilypad Cesium-Tantalum-Lithium Project ("Lilypad") due to increasing demand for cesium.
Cesium is a rare element in growing demand for many new technologies, but with very limited supply
following the cessation of production from the world's largest historical producer, the Tanco mine, near
Bernic Lake, Manitoba. The Lilypad Property consists of 14 claims covering 3,108 ha located
approximately 350 km north of Thunder Bay, near the community of Fort Hope in the traditional territory
of the Eabametoong First Nation.
Historical work by Avalon at Lilypad in 2001-2, that was focused on defining tantalum resources, was
also successful in identifying widespread occurrences of the cesium ore mineral pollucite
((Cs,Na)
2
Al
2
Si
4
O
12
2H
2
O)
in a field of highly fractionated lithium-cesium-tantalum ("LCT") pegmatite
dykes. Avalon's recent work involved a short field program to collect 200 kg of cesium mineralized
pegmatite rock for study on how to efficiently concentrate the pollucite mineralization which, unlike most
such occurrences, is found widely distributed throughout the many LCT pegmatite dykes on the property.
Planned follow-up work will initially involve mineralogical and analytical testwork to characterize in detail
how the pollucite occurs, which will be followed by metallurgical process testwork to identify the most
efficient methods for concentrating the pollucite and recovering by-product tantalum and lithium. This will
include tests using the Selfrag AG electric pulse disaggregation process described in the Company's
news release dated
October 7, 2020
.
Most of the 200 kg of sample material was collected from one occurrence known as the Pollucite Dyke. It
was drilled by Avalon in 2001 and a preliminary resource was estimated in 2001 to contain roughly
340,000 tonnes grading 2.294% Cs
2
O and 0.037% Ta
2
O
5
*
based on 9 holes drilled to a maximum
vertical depth of 250 metres. The resource is open to depth and along strike for expansion. Other similar
pollucite-bearing LCT pegmatite dykes on the property remain untested.
Some 75% of cesium production has been used to make cesium formate: a high density, low viscosity
fluid used in deep offshore oil drilling. Cesium formate has a value of approximately US$2,200/kg and is
leased to oil well drilling companies and recycled after use. Other cesium products often sell at prices
from US$200-1,000/kg. Cesium has a variety of other high technology applications, including extremely
accurate atomic clocks, and great potential in a range of applications in the production of electricity, in
electronics, and in chemistry.
*Cautionary note: the resources described above are considered historic under NI43-101 guidelines
and have not been verified by an independent QP and therefore should not be relied upon. The
Company is not treating the historic estimate as a current resource.
The technical information included in this news release has been reviewed and approved by the
Company's Vice President, Exploration, Dr. William Mercer, P. Geo (Ont), a Qualified Person under NI
43-101. The field program was supervised by Senior Project Geologist, Chris Pedersen.
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in
sustainably-produced materials for clean technology. The Company now has four advanced stage
projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements,
tantalum, cesium and zirconium. Avalon is currently focusing on developing its Separation Rapids
Lithium Project near Kenora, Ontario while looking at several new project opportunities, including re-
activating its 100%-owned Lilypad Cesium-Tantalum-Lithium Project in northwestern Ontario. Social
responsibility and environmental stewardship are corporate cornerstones.
For questions and feedback, please e-mail the Company at
.
This news release contains "forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, statements related to the Company's
project development plans,
that cesoum is growing in demand with limited supply, that planned follow-
up work will initially involve mineralogical and analytical testwork, which will be followed by
metallurgical process testwork which will include tests using the Selfrag AG electric pulse
disaggregation process and that cesium has great potential in a range of applications in the
production of electricity, in electronics, and in chemistry. Generally, these forward-looking statements
can be identified by the use of forward-looking terminology such as "potential", "scheduled",
"anticipates", "continues", "expects" or "does not expect", "is expected", "scheduled", "targeted",
"planned", or "believes", or variations of such words and phrases or state that certain actions, events
or results "may", "could", "would", "might" or "will be" or "will not be" taken, reached or result, "will
occur" or "be achieved". Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of Avalon to be materially different from those expressed or implied by such forward-
looking statements. Forward-looking statements are based on assumptions management believes to
be reasonable at the time such statements are made. Although Avalon has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-
looking statements, there may be other factors that cause results not to be as anticipated, estimated
or intended. Factors that may cause actual results to differ materially from expected results described
in forward-looking statements include, but are not limited to market conditions, and the possibility of
cost overruns or unanticipated costs and expenses as well as those risk factors set out in the
Company's current Annual Information Form, Management's Discussion and Analysis and other
disclosure documents available under the Company's profile at
www.SEDAR.com
. There can be no
assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Such forward-looking statements have
been provided for the purpose of assisting investors in understanding the Company's plans and
objectives and may not be appropriate for other purposes. Accordingly, readers should not place
undue reliance on forward-looking statements. Avalon does not undertake to update any forward-
looking statements that are contained herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/65894