SEPARATION RAPIDS LTD.

Overview

Joint Venture with SCR-Sibelco NV to Supply the Global Glass-Ceramics Market and Power North America's EV Battery Industry

Ownership:

The Separation Rapids, Snownbank Target and Lilypad Project are held through a newly formed joint venture company, Separation Rapids Ltd. (SRL). SRL is owned 60% by SCR-Sibelco NV and 40% by Avalon Advanced Materials Inc.

Location:

The joint venture owns three strategic assets: the flagship Separation Rapids deposit and the Snowbank target near Kenora, Ontario, and the Lilypad Project near Fort Hope, Ontario. 

Stage:

Separation Rapids

The Separation Rapids Project has progressed through several key technical milestones as part of its advancement toward development. A Preliminary Economic Assessment (PEA) was completed in 2018, providing an initial overview of the project’s economic potential. This was followed by an updated Mineral Resource Estimate (MRE) in August 2023, which incorporated new drilling data and refined the geological model. In 2025, another updated MRE was released based on the results of the 2024 winter drill campaign. The project is currently undergoing metallurgical testing and additional drilling to further support its development.

Indigenous Engagement:

 The property lies within the traditional land use area of the Wabaseemoong Independent Nations (“WIN”) of Whitedog, Ontario: an Aboriginal community located approximately 35 km southwest of the property. 

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Separation Rapids

Mineral Resource:

AVALON Brand Identity SUBMARK colour e1713468930971  PEA 2018

AVALON Brand Identity SUBMARK colour e1713468930971 Updated Resource August 2023

AVALON Brand Identity SUBMARK colour e1713468930971  2024 Winter Drill Program Completed –  MRE Update 2025 

Lilypad Project

AVALON Brand Identity SUBMARK colour e1713468930971  Lithium Pegmatites: discovered in the area as spodumene and lepidolite

AVALON Brand Identity SUBMARK colour e1713468930971  Tantalum: present in mineralized pegmatites

AVALON Brand Identity SUBMARK colour e1713468930971  Cesium

Snowbank Target

AVALON Brand Identity SUBMARK colour e1713468930971  Channel samples yielded assays of up to 2.51% Li2O over 1.1 meters, with petalite comprising approximately 50% of the mineral content

 

About Our Joint Venture

sibelco logo1

SCR-Sibelco NV:

About Our Partner – SCR-Sibelco NV Sibelco is a global industrial minerals company with operations across multiple continents. They focus on the extraction and processing of silica, clays, feldspathics, and olivine. As part of the joint venture, Sibelco is solely responsible for the first €34.8 million (~C$50 million) in operational expenditures.

The output from Separation Rapids is anticipated to support a dual-market approach, delivering petalite-lithium to high-end glass-ceramic manufacturers worldwide and to battery manufacturers within the North American EV supply chain.

This strategic collaboration positions the joint venture to become a major supplier of specialty lithium products in a rapidly evolving global energy landscape.

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Updated MRE 2025
Updated MRE for the Separation Rapids Project
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Avalon in partnership with its Joint-Venture partner SCR-Sibelco NV is announces the results of an updated Mineral Resource Estimate (MRE)
for the Separation Rapids Project in Kenora.

2024 Winter Drill Results
Avalon and Sibelco Share 2024 Winter Drill Results
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Avalon, in partnership with JV partner Sibelco, shares second and final batch of drill results from the 2024 winter campaign.

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Benefits of Separation Rapids Ltd.

Rich Resource Base

Latest drilling results affirm Separation Rapids' status as a site with a rich resource base, poised for substantial expansion and value creation.

Strategic Partnership

SCR-Sibelco NV, brings expertise and operational efficiency, ensuring long-term success and sustainable growth.

Expansion Potential

Seeking to expand the lithium portfolio by acquiring additional deposits, aiming to enhance market position and meet global demand.

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 was appointed CEO of Avalon in May 2023. He is an entrepreneur and business owner with a successful track record of moving inventions from ideation to commercial success. He graduated with a Bachelor of Business Management from Toronto Metropolitan University and is part of the Young Presidents’ Organization in Ontario with Harvard Business School. 

Mr. Monteith is currently the Chairman of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation.

Mr. Monteith has extensive experience in the areas of marketing, manufacturing, technology transfer, technology licensing, new product development, patent management, corporate development, international business, M&A, investing, government affairs, Board Governance and strategic planning. An intuitive individual, he possesses strong communications, team building and management skills.

Mr. Monteith is the founder of Monteco Ltd. and has served as its President and CEO since 1995. Since its inception, Monteco has launched a successful portfolio of companies that include Biox, Imbrium Systems, Green Turtle, Filamat Composites, Imtex Membranes and Optomem Sensors.