Avalon Advanced Materials intersects 1.67% Li2O over 105.6m and 1.68% Li2O over 66.2m at Big Whopper Deposit, Separation Rapids

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Overig advies 23/07/2024 06:48
Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is pleased to report the first batch of drill results for the 2024 winter drill campaign (total 10 holes) from the Separation Rapids Project in Kenora, Ontario (the "Project"). See Figure 1. The 2024 winter drill campaign was conducted by the joint venture company Separation Rapids Ltd. Separation Rapids Ltd is a joint venture between SCR-Sibelco NV ("Sibelco"; 60% ownership) and Avalon Advanced Materials Inc. (40%).

The results represent 512 assay results from 5 diamond drill holes completed as part of the 2024 expansion and infill drill campaign at the current 750m strike long Big Whopper Deposit. See Figure 2. The successful drill program focused on upgrading the 2023 Mineral Resource Estimation classification as well as to expand the mineral resources.

Highlights include:

SR24-114 intersected 1.67% Li2O over 105.6 meters from 313.5 meters depth and 1.78% Li2O over 21.5 meters from 143.5 meters depth

see & read more on
https://www.newsfilecorp.com/release/217207/



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