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Lilypad Lakes Project, Pickle Lake area, Kenora District, Ontario, Canada

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Owned/operated by:Avalon Advanced Materials Inc.

Avalon’s Lilypad Lakes Project consists of 14 claims totalling 3,108 ha, covering a field of tantalum and cesium-rich granitic pegmatites. The claims were staked by Avalon between January 1999 and October 2000 and are 100% owned by the company. The property is located 150 km northeast of Pickle Lake, Ontario near the Aboriginal community of Fort Hope of the Eabametoong First Nation. It is presently accessible by air.

Rare metal pegmatites occur over a minimum area of 10 km2 across the property. Diamond drilling conducted by Avalon (2001-2013) indicates that the dykes are continuous to depth, with little change in morphology or mineralogy. All pegmatites exhibit high degrees of fractionation and are enriched in tantalum, cesium, rubidium and lithium.

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