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Corporate Presentation - Avalon Rare Metals

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Nechalacho REE Deposit<br />

Conceptual Mine Plan<br />

Mine Portal<br />

Vent<br />

Barren Rock Dump<br />

Long Lake<br />

Tailings Pond<br />

Underground Mining<br />

Upper Zone<br />

Tailings Storage<br />

Basal Zone<br />

Initial mine production rate: 1,000-2,000 t/day of ore through the mill.<br />

To produce approx. 5,000-10,000 tpy TREO in chemical concentrates…<br />

equivalent to just 2-5% of est. 2014 market (5-10% of HREO demand).<br />

Current forecast on operating costs: $200/tonne (mining & processing)<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 24

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