| Risk and valuation analysis of the THOR LAKE Project |
| Status Risk : Brown exploration |
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| Title(s) of the THOR LAKE Project |
 | Avalon Rare Metals Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Avalon ventures owns 100% of the Thor Lake project. The mining leases have a 21-year life and each lease is renewable in 21-year increments. The property is subject to two underlying royalty agreements entitling the royalty holders to a cumulative 5.5% Net Smelter Returns Royalty. |
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| Location of the THOR LAKE Project |
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Thor Lake Rare Metals Project is located in the Mackenzie Mining District of the Northwest Territories, about 5 km north of the Hearne Channel of Great Slave Lake and approximately 100 km southeast of the city of Yellowknife.
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| Geology of the THOR LAKE Project |
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The Thor Lake rare metals deposit is hosted by the peralkaline Blachford Lake intrusion, an Aphebian-age ring complex emplaced in Archean-age supracrustal rocks of the Yellowknife Supergroup. The principal rock types in the intrusion are syenites, granites and gabbros and associated pegmatitic phases hosting rare metal mineralization.
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