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Corporate Presentation - Avalon Rare Metals

Corporate Presentation - Avalon Rare Metals

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Nechalacho 43-101 Resources<br />

Inferred REE resources at 1.60% TREO cut-off-grade<br />

initially prepared by Wardrop Engineering, updated by<br />

Hudgtec and reviewed by SWRPA in August<br />

Total Inferred Resources (Upper and Basal Zones):<br />

64.2 million tonnes at 1.96% TREO (16.8% HREO)<br />

Basal Zone Only:<br />

44.3 million tonnes Inferred at 1.96% TREO (21% HREO)<br />

4.4 million tonnes Indicated at 1.96% TREO (25.4% HREO)<br />

2.2 million tonnes Indicated at 2.14% TREO (20% HREO)<br />

Note: Defining Indicated Resources is a function of drill hole spacing being<br />

reduced to an average of 50 metres. TREO = total rare earth oxides,<br />

HREO = heavy rare earth oxides (europium to lutetium + yttrium)<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 21

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