technical report on the nechalacho deposit, thor lake project ...

LIST OF FIGURES
Figure 2-1 Property Location Map.................................................................................. 2-2
Figure 2-2 Project Sites, Thor Lake and Pine Point ....................................................... 2-3
Figure 2-3 Rare Earth Elements in the Periodic Table ................................................... 2-4
Figure 4-1 Property Map................................................................................................ 4-2
Figure 7-1 Regional Geology......................................................................................... 7-1
Figure 8-1 Isopach Map with Thickness of the Basal Zone ............................................ 8-2
Figure 9-1 TREO, HREO, HREO/TREO Against Elevation (z1)..................................... 9-4
Figure 14-1 Analyses of Total Rare Earth Elements, Acme vs ALS ............................... 14-4
Figure 14-2 Analyses of Total Heavy Rare Earth Elements, Acme vs ALS .................... 14-5
Figure 17-1 Distribution of REO Compared to Depth ..................................................... 17-7
Figure 17-2 Weighing of Sample in Air ........................................................................ 17-13
Figure 17-3 Weighing of Sample in Water ................................................................... 17-13
Figure 17-4 Density Measurements ALS-Chemex Versus Avalon ............................... 17-15
Figure 17-5 Global Variogram of HREO ...................................................................... 17-16
Figure 17-6 Ore Zones by Domain .............................................................................. 17-18
Figure 17-7 Outline of Area of Indicated and Inferred Resources ................................ 17-23
Figure 18-1 Thor Lake Site Layout ................................................................................ 18-2
Figure 18-2 Pine Point Site Layout ................................................................................ 18-3
Figure 18-4 Mine Layout................................................................................................ 18-8
Figure 18-5 Mine Development Schematic .................................................................. 18-10
Figure 18-6 Cut and fill Stoping (Primary Stopes)........................................................ 18-15
Figure 18-7 Longhole Stoping (Secondary Stopes) ..................................................... 18-15
Figure 18-8 Flotation Plant Flowsheet ......................................................................... 18-39
Figure 18-10 Thor Lake Temporary Barge Dock Option ................................................ 18-62
Figure 18-11 Rare Earth Demand by End Use Application – 2008 ................................ 18-77
Figure 18-12 Forecast REO Demand by Application ..................................................... 18-78
Figure 18-13 ZOC and ZBC Applications....................................................................... 18-87
Figure 18-14 Zircon Demand Patterns, 2000 to 2012 .................................................... 18-88
Figure 18-15 Zirconium Chemical Demand – 2015........................................................ 18-89
Figure 18-16 Tantalum Markets – 2007 ......................................................................... 18-92
Figure 18-17 Historic Tantalum Demand ....................................................................... 18-92
Figure 18-18 Forecast Tantalum Supply/Demand to 2012............................................. 18-93
Figure 18-19 Sensitivity Analysis ................................................................................. 18-138
Technical Report 43-101 – March 13, 2011
Prepared by Avalon Rare Metals Inc.
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