In this InvestorIntel interview during PDAC 2023, Tracy Weslosky talks with Zeeshan Syed, President of Avalon Advanced Materials Inc. (TSX: AVL | OTCQB: AVLNF) discussing Avalon’s latest news and progress, particularly in regards to lithium.
Zeeshan says he is most excited about Avalon’s Separation Rapids Lithium Project to take advantage of the market’s current strong interest in lithium. He discusses the 2018 drilling campaign at the Separation Rapids Project that discovered almost 10 million tonnes of lithium. He mentions there is a new drilling program underway at the Project and that Avalon should soon have an update out on that for investors. He states: “We are quite optimistic on the results there.”
Zeeshan also discusses their strategic partnership with battery giant LG Energy Solutions (“LGES”) and Avalon’s plans for a lithium processing facility in Canada to supply LGES, as well as the strategic importance of these Projects for Canada. He referenced his discussion today with Canada Innovation and Science Minister Francois-Philippe Champagne.
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About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The Company now has four advanced-stage projects, providing investors with exposure to lithium, tin, and indium, as well as rare earth elements, tantalum, cesium and zirconium. Avalon is currently focusing on developing its Separation Rapids Lithium Project near Kenora, Ontario while continuing to advance other projects, including its 100%-owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario. Social responsibility and environmental stewardship are corporate cornerstones.
To learn more about Avalon Advanced Materials Inc., click here.
Disclaimer: Avalon Advanced Materials Inc. is an advertorial member of InvestorIntel Corp.
This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.
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