The Separation Rapids lithium project in Ontario. Credit: Avalon Advanced Materials
Avalon Advanced Materials (TSX: AVL) has boosted measured and indicated tonnage at its Separation Rapids hard rock lithium project in northwestern Ontario by 28% over a resource from 2023.
Measured and indicated resources now total 12.98 million tonnes grading 1.34% lithium oxide (Li2O) for 173,306 contained tonnes Li2O, Avalon reported on Thursday. Inferred tonnage decreased by 18% over the August 2023 resource, to 2.29 million tonnes at 1.46% Li2O for 33,497 tonnes contained Li2O. All tonnes include open pit and underground resources.
The project is held in a joint venture with Belgium-based SCR Sibelco NV, which holds a 60% stake in Avalon.
“The increase in measured and indicated resources strengthens our understanding of the project’s potential and provides greater confidence as we continue to advance its…
