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| Statut : Brown exploration |
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| Risques / Pays : Tres bas |
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 | Avalon Rare Metals Inc.
Owner: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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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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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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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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