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

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Figure 14-2 Analyses of Total Heavy Rare Earth Elements, Acme vs ALS<br />

The regressi<strong>on</strong> lines fitted to <strong>the</strong> data have coefficients of 0.9995 and 0.9848 with r2 of 0.9754<br />

and 0.9765 respectively for TREE and HREE, indicating very close fit between <strong>the</strong> two data<br />

sets. The regressi<strong>on</strong> lines imply a systematic difference of less than 1% or TREE and about<br />

1.5% for HREE, with Acme slightly lower than ALS. In <strong>the</strong> opini<strong>on</strong> of Aval<strong>on</strong>, <strong>the</strong>se are<br />

acceptable differences and imply minimal bias in <strong>the</strong> analytical results.<br />

Wardrop Engineering (2009), in <strong>the</strong> previous NI 43-101 <str<strong>on</strong>g>report</str<strong>on</strong>g>, c<strong>on</strong>cluded that <strong>the</strong>re was<br />

evidence that Acme’s analyses for REE may be biased low by more than 5% (Thor Lake<br />

Resource Update, March 2009, NI 43-101 Report). Given <strong>the</strong> difference noted above between<br />

ALS and Acme analyses, it is c<strong>on</strong>cluded that <strong>the</strong> ALS analyses are acceptable for resource<br />

estimati<strong>on</strong> purposes. However, <strong>the</strong> earlier resource estimati<strong>on</strong>s may be understating <strong>the</strong> grade<br />

of <strong>the</strong> <strong>deposit</strong> due to <strong>the</strong> slight low bias of <strong>the</strong> early analyses.<br />

As well as ALS method MS81H being routine for mineralized intervals of drill core samples,<br />

Aval<strong>on</strong> has tested XRF analysis (lithium borate fusi<strong>on</strong> followed by XRF, method XRF10) for Nb,<br />

Ta and Zr. The method has upper limits of 10% for Nb and 50% for Ta and Zr. The results of<br />

routine analyses of <strong>the</strong> standards utilized are summarized in <strong>the</strong> following table.<br />

Technical Report 43-101 – March 13, 2011 Page 14-5<br />

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

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