Avalon Advanced Materials Inc. · TSX:AVL
Avalon Advanced Materials — Emerging Growth Conference (June 2022)
30 slides from Avalon Advanced Materials's conference presentation, Jun 22, 2022
Slide 1: Separation Rapids Lithium Project: After 25 years its time has finally come!
Separation Rapids Lithium Project: Discovery outcrop after clearing for mapping in 1998 After 25 years its time has finally come! Emerging Growth Conference June 22, 2022 TSX: AVL Don Bubar, President & CEO OTCQB: AVLNF
Slide 2: Safe Harbour Statement
2 Safe Harbour Statement Forward looking information This corporate presentation contains or incorporates by reference “forward looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, which may not b
Slide 3: Avalon Advanced Materials: Corporate Info
3 Avalon Advanced Materials: Corporate Info › Toronto-based, operating in Canada since 1995 › Listed: TSX (AVL), OTCQB (AVLNF), Frankfurt (OU5) › Market Cap: CAD$50m (389.5m S/O, 462m fully-diluted) with over 20,000 shareholders worldwide › Working Capital: CAD $3.5 million 2021 Sustainability Repor
Slide 4: Critical Minerals for Clean Technology Project Pipeline
4 Critical Minerals for Clean Technology Project Pipeline
Slide 5: The Challenges Ahead
5 The Challenges Ahead › Production of Critical Minerals is more like an advanced manufacturing business where it is about recognizing the market opportunity & designing an appropriate or innovative extraction process to make a product that will meet the needs of the end-users. › Mining Regulations
Slide 6: Recent developments in Ontario relevant to Separation Rapids
6 Recent developments in Ontario relevant to Separation Rapids › Ontario recently announced its first-ever Critical Minerals Strategy to support a made-in-Ontario electric vehicle supply chain: • Attracting EV and battery manufacturers to establish plants in Ontario which resulted in Stellantis and
Slide 7: The Critical Minerals Opportunity for Canadian First Nations
7 Rare earths and other critical minerals are essential for effective wind turbine motors and solar The Critical Minerals Opportunity for panel technology Canadian First Nations › Many opportunities exist to develop new resources for critical minerals in northern Canada that occur in northern region
Slide 8: Separation Rapids is located close to transportation and power infrastructure
8 Separation Rapids is located close to transportation and power infrastructure
Slide 9: Lithium Minerals at Separation Rapids: a rare type of LCT pegmatite
Clear Crystalline Petalite above; 9 Purple Lepidolite below Lithium Minerals at Separation Rapids: a rare type of LCT pegmatite › There are two main lithium ore minerals in the Separation Rapids LCT pegmatite: petalite & lepidolite › Petalite is the predominant lithium mineral, with lepidolite occur
Slide 10: Separation Rapids Mineral Tenure and Regional targets
10 Separation Glitter, Wolf and Rattler pegmatites Rapids New Snowbank Mineral Tenure pegmatite discovery and Regional targets Regional trend of lithium pegmatites, where exploration commenced in summer 2018 on new claims acquired in 2017 and several new targets developed. All claims, leases and the
Slide 11: The Lithium Battery Materials Supply Chains Opportunity in Northwestern Ontario
11 The Lithium Battery Materials Supply Chains Opportunity in Northwestern Ontario › NWO hosts lithium pegmatites of various sizes and mineralogy. To start production the next step is to establish the mid-stream processing capacity to process concentrates to produce the battery materials › Thunder B
Slide 12: Avalon Lithium Inc: Essar Partnership
12 Avalon Lithium Inc: Essar Partnership › On April 4 Avalon announced it had signed a binding LOI with the Mumbai, India based Essar Group to collaborate on establishing the lithium battery materials supply chain in northwestern Ontario. › Essar will become a co-owner of Avalon Lithium Inc, a new A
Slide 13: Separation Rapids Lithium Project 2016 PEA Model Highlights ($CAD)
13 Separation Rapids Lithium Project 2016 PEA Model Highlights ($CAD) ● Assumes open pit mining at 950,000 tpy with concentrator at site to recover petalite and Refinery in Kenora or Thunder Bay to make LiOH ● Minimum 10-15 year life lithium, 20 years for feldspars ● 14,600 tpy lithium hydroxide and
Slide 14: Lithium is not just a battery material: also critical for high strength glass-ceramic products
14 Lithium is not just a battery material: also critical for high strength glass-ceramic products › Lithium additions create thermal shock resistance in: Stovetops, Corningware® Cookware, Fireplace Shields › Now being used in many new high strength glass products, such as Corning’s Gorilla Glass (di
Slide 15: Separation Rapids Next Steps: Moving toward Phase 1 Production Facility
15 Separation Rapids Next Steps: Moving toward Phase 1 Production Facility › 2020-21 work: Continued process optimization work and secured permit to recover 5,000 tonne bulk sample which was collected in March, 2021 • Determined that Thunder Bay is ideally situated to locate battery materials refine
Slide 16: Lilypad LCT Pegmatite Property Access Map
Lilypad LCT Pegmatite Property Access Map
Slide 17: Lilypad Project – Cesium (Ta, Li)
16 Lilypad Project – Cesium (Ta, Li) Avalon’s 100% owned Lilypad Project hosts a significant resource of the rare cesium mineral pollucite along with tantalum and lithium and recently re-activated the Project in June, 2021 What is Cesium and why is it important? - Mainly used to create a low viscosi
Slide 18: Lilypad Pollucite Dyke
Lilypad Pollucite Dyke › 340,000 tonnes @ 2.294% Cs2O and 0.037% Ta2O5 (plus lithium) delineated in 2001-2003 drilling programs* › Cesium grades increase with depth, open at 300m below surface › “Western extension” new, undrilled zone of dykes 200m to southwest with two grab samples containing 4.62%
Slide 19: East Kemptville Tin–Indium Site Location and Regional Infrastructure
19 East Kemptville Tin–Indium Site Location and Regional Infrastructure › On paved highway › Grid power on site › Yarmouth (55 km) & other communities within commuting distance › Ample water › Skilled labour available locally › Strong local community support ( TREPA, AFN) Power lines 69kV East Kempt
Slide 20: Metals Most Impacted by New Technology: Tin is No. 1!
20 Metals Most Impacted by New Technology: Tin is No. 1! Source: MIT / Rio Tinto , March, 2018 Tin now in very short supply and trading at record high prices over US$30,000/t
Slide 21: Tin in new technologies
21 Tin in new technologies • Electronics materials • Solders on circuit boards Smartphones • Electric Vehicles • Power electronics • Wiring and connections • Charging stations • Lithium battery anode technologies • Solar Energy Systems • Solar ribbon • Junction boxes and connections • Perovskite sol
Slide 22: East Kemptville Tin Mine History
22 East Kemptville Tin Mine History › Deposit discovered in 1976 by Shell Canada, later purchased by Rio Algom in 1982. Original mineable reserve was 55.3mt @ 0.164% tin › Mined roughly 25mt from 1985-92 and has been the only primary tin mine in North America. Also produced some by-product copper, z
Slide 23: Avalon’s East Kemptville Project History
7237 77 Avalon’s East Kemptville Project History 2005: Initial Special Licence for mineral tenure granted. Required Access Agreement with surface rights holder Rio Algom Ltd. (BHP). 2010: Avalon completed Desktop Study on re-development potential 2014: Access Agreement arranged; confirmation drillin
Slide 24: East Kemptville Site Layout & Tin Resources
24 East Kemptville Site Layout & Tin Resources Existing Tailings Dam with spare capacity, 18.8 M tonnes historical tailing North Waste Pile: 1.29M tonnes @ 0.089% tin` Low-grade Stockpile Inferred Resource: 5.87M tonnes @ 0.112% tin* In-ground Main & Baby Zone Main Zone Pit combined resources: Measu
Slide 25: Other Critical Minerals Potential: Indium, Gallium, Germanium and Lithium
1 11 1 1 1 Other Critical Minerals Potential: Indium, Gallium, Germanium and Lithium › Zinc concentrates are highly enriched in Indium (0.25%) from which an indium product could be derived › Indium is in growing demand for use in solar panels, LED Lighting and LCD flat panels. Prices are increasing
Slide 26: Sensor-based Ore-sorting Technology
26 Sensor-based Ore-sorting Technology Advances in sensor technology now allow for detection of physical properties of minerals, such as specific gravity. Minerals can be concentrated after crushing without using water or chemical reagents.
Slide 27: East Kemptville Small Scale Staged Re-Development Model
27 East Kemptville Small Scale Staged Re- Development Model › Begin by processing low grade ore stockpiles and waste rock piles for tin recovery using sensor-based ore-sorting technology • The effectiveness of this technology to concentrate cassiterite was successfully demonstrated in 2019 by Cronim
Slide 28: Advanced Nechalacho REE & Zirconium Project, NWT
Advanced Nechalacho REE & 15 Zirconium Project, NWT Unique Heavy Rare Earth-rich and High grade Zirconium resource (66mt) averaging over 3.0% ZrO2 & 1.5% TREO (of which 20% of the TREO are Heavy Rare Earths) plus Nb and Ta Bankable Feasibility Study in 2013 showed NPV of CAD$1.35B (10% disc. rate) a
Slide 29: Experienced Management Team and Diversified Board of Directors
29 Experienced Management Team and Diversified Board of Directors BOARD of DIRECTORS MANAGEMENT › Alan Ferry, CFA › Donald S. Bubar, M.Sc., P.Geo. Chair and Audit Committee Chair President & CEO › Donald S. Bubar, P.Geo. CEO › Jim Andersen, CA, CPA V.P. Finance, CFO & Corporate Secretary › John Fish
Slide 30: Contact us
www.AvalonAdvancedMaterials.com TSX: AVL OTCQB: AVLNF Contact us: 1901-130 Adelaide St. W. Toronto, Ontario, Canada M5H 3P5 +1 (416) 364-4938 ir@AvalonAM.com Thor Lake, NWT
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