Lilypad Cesium Project

Advancing cesium exploration and specialty mineral potential in Northwestern Ontario

Overview

Cesium Exploration and Specialty Mineral Potential

Ownership:

Avalon Advanced Materials Inc. holds 100% ownership of the resource.

Location:

The Lilypad Project is located near Fort Hope in Northern Ontario, within a highly prospective lithium-bearing pegmatite region. The project is positioned within an emerging critical minerals region in Ontario, offering strategic long-term potential as infrastructure and transportation networks across the North continue to develop.

Stage:

The Lilypad Project is currently in the exploration and evaluation stage. Work to date includes historical drilling and recent field programs, with ongoing efforts focused on expanding known mineralization and advancing geological understanding.

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Benefits of Lilypad Project

Advancing Cesium Exploration

Building on historical drilling and recent fieldwork to further understand and expand mineralized pegmatite zones across the project

Strategic Cesium Exposure

Positioned to advance Avalon’s exposure to high value specialty minerals, with cesium as a key differentiator alongside lithium and tantalum potential

Scalable Growth Platform

Located within a large, prospective land package with potential for continued exploration and mineralization expansion

Mark N.J. Ashcroft, P.Eng, is a seasoned professional in the mining, resource and finance sectors with a legacy as a sixth-generation miner, who first went underground at 12 years old. Beginning his career underground in Thompson, MB, he later earned an engineering degree and gained extensive experience across North and South America and Australia. He has held roles in mining operations, corporate development, and finance, including President and CEO of Stonegate Agricom, where he managed a pivotal $51.75 million IPO on the Toronto Stock Exchange. Currently, he is the CEO of Aurelius Minerals Inc., focusing on gold projects in Nova Scotia and Ontario.

Mark’s background includes investment banking and corporate finance positions in London, New York, and Toronto at firms like Barclays Capital, Standard Bank, Versant Partners, and Toll Cross Securities, dealing primarily with resource companies. He has served on various public mining and exploration boards, advising on governance and capital markets. Mark is a licensed Professional Engineer in Ontario, and holds a Bachelor of Engineering in Mining Engineering from Laurentian University and a Master of Science in Finance, Regulation, and Risk Management from the University of Reading..

Cindy Hu joined Avalon in 2007. Prior to joining the company, Ms. Hu was a senior manager with the accounting firm Andersen & Company Professional Corporation. She is a Chartered Professional Accountant with over 20 years of experience in public accounting practice and financial reporting, primarily for junior public companies and private wealth management portfolios.

MS. Hu earned her B.Com from Laurentian University in 1996.

Scott Monteith is an experienced CEO with a successful 30-year track record of moving clean and industrial technology from ideation to commercial success.  Mr. Monteith has extensive international experience in the areas of team building, biofuel refining, petrochemical refinery decarbonization, water treatment system manufacturing, research & development, strategic alliance formation, and government affairs.

 

Mr. Monteith holds a Bachelor of Business Administration from Toronto Metropolitan University and has been a member of the Young President’s Organization for over 20 years.