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Table 9-1<br />

Average Percent of Ore Minerals<br />

Aval<strong>on</strong> Rare Metals Inc. – Thor Lake Project<br />

Average Percent of Ore Minerals All Rock Upper Z<strong>on</strong>e Basal Z<strong>on</strong>e C<strong>on</strong>centrate<br />

Zirc<strong>on</strong> 65.3% 62.8% 66.2% 63.0%<br />

Fergus<strong>on</strong>ite 3.7% 2.6% 4.3% 5.4%<br />

Bastnaesite 3.8% 4.0% 3.4% 0.7%<br />

Synchysite 4.1% 4.4% 3.8% 1.5%<br />

M<strong>on</strong>azite 6.4% 9.4% 5.2% 5.5%<br />

Allanite 12.3% 12.0% 13.3% 19.6%<br />

O<strong>the</strong>r REE 0.1% 0.1% 0.0% 0.1%<br />

Columbite 4.3% 4.5% 3.8% 4.1%<br />

Total 100% 100% 100% 100%<br />

Table 9-2<br />

Percent of Rock or C<strong>on</strong>centrate<br />

Aval<strong>on</strong> Rare Metals Inc. – Thor Lake Project<br />

% of Rock Samples<br />

% of<br />

C<strong>on</strong>centrate<br />

11806-<br />

001<br />

11806-<br />

002<br />

11806-<br />

006<br />

11806-<br />

006UZ<br />

XPS-<br />

UZ-<br />

Feed<br />

11806-<br />

006BZ<br />

XPS-<br />

BZ-<br />

Feed<br />

11806-<br />

003<br />

11806-<br />

005<br />

Zirc<strong>on</strong> 11.00 13.10 3.79 4.36 7.07 9.35 6.93 35.69 31.25<br />

Fergus<strong>on</strong>ite 0.60 0.70 0.19 0.18 0.30 0.58 0.58 3.05 2.65<br />

Bastnaesite 0.40 0.20 0.26 0.38 0.30 0.51 0.68 0.38 0.40<br />

Synchysite 0.90 0.40 0.28 0.42 0.33 0.32 0.61 0.78 0.82<br />

M<strong>on</strong>azite 1.50 1.10 0.31 0.59 1.15 0.41 0.40 2.87 2.99<br />

Allanite 3.60 3.70 0.52 0.79 1.42 1.25 0.60 11.03 9.77<br />

O<strong>the</strong>r REE 0.00 0.00 0.01 0.02 0.00 0.02 0.00 0.06 0.06<br />

Columbite 0.90 0.90 0.31 0.40 0.38 0.56 0.20 2.16 2.19<br />

Total 18.90 20.10 5.67 7.14 10.95 13.00 10.00 56.02 50.13<br />

Notes:<br />

• 11806-001: Average of 30 drill core 2 m samples largely from Basal Z<strong>on</strong>e<br />

• 11806-002: Metallurgical head test sample<br />

• 11806-003: Flotati<strong>on</strong> c<strong>on</strong>centrate<br />

• 11806-005: Flotati<strong>on</strong> c<strong>on</strong>centrate, locked cycle tests<br />

• 11806-006: Selected samples at 20 m down three drill holes through mineralizati<strong>on</strong><br />

• 11806-006UZ: Selected samples at 20 m down drill hole through mineralizati<strong>on</strong>, selected UZ samples,<br />

1.28% TREO, 0.12% HREO<br />

Technical Report 43-101 – March 13, 2011 Page 9-2<br />

Prepared by Aval<strong>on</strong> Rare Metals Inc.

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