Avalon Advanced Materials Inc. · TSX:AVL
Avalon Advanced Materials — Shareholder Meeting (February 2021)
28 slides from Avalon Advanced Materials's shareholder meeting presentation, Feb 25, 2021
Slide 1: 2021 Annual Meeting Update Presentation
2021 Annual Meeting Update Presentation February 25, 2021 Don Bubar TSX: AVL 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$100m (350m S/O, 381m fully-diluted) with over 20,000 shareholders worldwide › Working Capital: CAD $3.5 million Sustainability: committed
Slide 4: Avalon receives Sustainalytics ESG Risk Rating, ranks among top 5% of industry
4 Avalon receive Sustainalytics ESG Risk Rating and ranks among top 5% of 150 industry companies › Independent audit of Avalon’s business practices › Avalon’s overall management of material ESG issues is strong › No events or policies were identified that may negatively impact stakeholders, the envi
Slide 5: 2020/2021 Progress & Highlights
5 2020/2021 Progress & Highlights › Created plan to establish a new lithium battery materials refinery in Thunder Bay Soaring interest in in collaboration with Rock Tech Lithium establishing new critical minerals supply chains in › Re-activated Lilypad Cesium-Tantalum Canada for rare earths and Proj
Slide 6: 2 Year Stock Price / 15 Year Stock Price
6 Since 2010, Avalon has been 15 Year Stock Price known primarily as a Rare Earths equity in the US Rare Earths see price spike and major media publicity because of China imposing export quotas 2 Year Stock Price Price jumps twice in reaction to news on rare earths and China threatening to impose ne
Slide 7: Experienced Management Team and Diversified Board of Directors
7 Experienced Management Team and Diversified Board of Directors MANAGEMENT & SENIOR STAFF › Chris Pedersen, P.Geo. › Jim Andersen, CA, CPA Senior Project Geologist V.P. Finance, CFO & Corporate Secretary › Zeeshan Syed, M.Sc. › Donald S. Bubar, P.Geo. Manager, Government Affairs & New President & C
Slide 8: Government Relations Work
8 Government Relations Work › Growing awareness in government of the importance of establishing critical minerals supply chains in North America to reduce reliance on China as a sole source of supply › Providing expert advice to the Federal and Ontario Governments on developing strategies to create
Slide 9: Critical Minerals for Clean Technology Project Pipeline
9 Critical Minerals for Clean Technology Project Pipeline
Slide 10: Closed Mine Sites offer new Critical Minerals Opportunities
Sunflowers on the 10 Glencore Sudbury tailings Closed Mine Sites offer new Critical Minerals Opportunities › Many historical mining operations were developed to produce one bulk commodity such as copper, but the resource contained critical minerals that were discarded as waste (as there was no marke
Slide 11: The Critical Minerals Opportunity for Canadian First Nations
11 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 › Many occur in northern reg
Slide 12: Separation Rapids Lithium: Avalon's most advanced project
12 Separation Rapids Lithium: Avalon’s most advanced project A large LCT pegmatite enriched in the rare lithium mineral petalite 10 million tonne resource amenable to open pit mining, discovered in 1996 › Pre-Feasibility Study completed in 1999 on model to produce petalite for glass-ceramics › New P
Slide 13: Separation Rapids Mineral Tenure and Regional Targets
13 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 and several new targets developed. Map includes new claims acquired in 2017 to the north and
Slide 14: Snowbank Petalite Pegmatite Discovery
Snowbank Petalite Pegmatite – 14 August 2018 Snowbank Petalite Pegmatite Discovery › Large exposure of a new petalite pegmatite discovery averaging 6 metres wide and traceable for over 100 metres along strike open on both ends. › Assays of up to 2.51% Li2O over Coarse white crystals of 1.1m in chann
Slide 15: Lithium Minerals at Separation Rapids
Clear Crystalline Petalite above; 15 Purple Lepidolite below Lithium Minerals at Separation Rapids › There are two main lithium ore minerals in the Separation Rapids LCT pegmatite: petalite & lepidolite › Petalite is the predominant lithium mineral, with lepidolite occurring in distinct subzones com
Slide 16: Battery materials supply chains in Ontario
16 Battery materials supply chains in Ontario › Ontario government now committing to establishing more EV and battery manufacturing capacity • Opportunity to take advantage of the mineral resource wealth in northern Ontario to build out the entire supply chain November 2020: joint announcement betwe
Slide 17: Lithium is not just a battery material: also critical for glass-ceramic products
17 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 18: Separation Rapids Next Steps: Moving toward Phase 1 Production Facility
18 Separation Rapids Next Steps: Moving toward Phase 1 Production Facility › 2020 work: Continued process optimization work and secured permit to extract up to 5,000 tonne bulk sample for pilot plant processing in 2021 • Investigated sites for lithium battery materials refinery in northwestern Ontar
Slide 19: Cesium: another high tech material with very limited supply
19 Cesium: another high tech material with very limited supply › Tech applications include: Atomic clocks and GPS, Catalyst in plastics, Speciality glasses, Ion-propulsion motors, High density alkaline batteries, Coatings for solar cells, Pharmaceuticals › ~ 75% of cesium production has been used to
Slide 20: Lilypad Cesium-Tantalum-Lithium Property
Lilypad Cesium-Tantalum-Lithium Property
Slide 21: Lilypad Project Background
Lilypad Project Background › Property consists of 14 claims covering 3,108 ha › Staked by Avalon in 1999 & 100% owned by Avalon › Originally explored by Tanco in the 1990’s for tantalum › Explored for tantalum primarily in 2001-2002 under a joint venture with a Ta-capacitor manufacturer › Completed
Slide 22: Lithogeochemical Survey
Lithogeochemical Survey Rock units adjacent to the pegmatites are highly anomalous in cesium over a broad area suggestive of a large source North Anomaly Pollucite Dyke Cs in bedrock >50ppm Rubellite Dyke 25->50ppm 10-25ppm <10ppm 500 m
Slide 23: Lilypad Pollucite Dyke
Lilypad Pollucite Dyke › 340,000 tonnes @ 2.294% Cs2O and 0.037% Ta2O5 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% and 2.11% Cs2O
Slide 24: Planned 2021 Work Program
October 2020 field program to collect samples Planned 2021 Work Program › Continue process testwork on 250 kg bulk sample collected in 2020, including Selfrag electric pulse disaggregation and sensor-based ore-sorting technologies › Block modelling of the resource delineated in the 2001 drilling pro
Slide 25: Sensor-based Ore-sorting Technology
25 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 Can be used on an increasing variety of minerals including po
Slide 26: East Kemptville Tin-Indium (and Lithium) Project Update
26 East Kemptville Tin-Indium (and Lithium) Project Update › Management change at BHP in late 2019; new VP in charge of “Legacy Assets” refused to sign agreement to transition site responsibility to Avalon › In 2020, BHP provided notice of decision to deny Avalon access to implement our progressive
Slide 27: Nechalacho Rare Earth Elements Property Update
27 Nechalacho Rare Earth Elements Property Update June 2019: Cheetah Resources Pty Ltd. acquired ownership of near surface T-Zone and Tardiff Zone resources for $5 million cash while Avalon retains 100% ownership of Basal Zone HREE Deposit Sept 2020: Cheetah and SRC sign binding term sheet for const
Slide 28: Avalon's Vision and Mission
28 Avalon’s Vision and Mission Establish a diversified clean technology materials business, built on process innovation and strong ESG performance. Create shareholder value and long term growth through sustainable development of our critical minerals (lithium, tin, cesium and rare earths) assets. Fo
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