https://www.nsenergybusiness.com/projects/nechalacho-rare-earth-mining-project/
Avalon Advanced Materials retained the ownership of the deeper Basal Zone resources.
https://www.avalonadvancedmaterials.com/nechalacho/nechalacho_overview/
Large Basal Zone deposit enriched in the heavy rare earths.
Avalon retains its ownership of the mineral resources below a depth of 150 metres above sea level (including the Basal Zone deposit) and will continue to have access to the property for exploration, development and mining purposes. Avalon will also continue to assist Cheetah where needed in executing its planned work programs and retain its 3% NSR type royalty.
https://www.nsenergybusiness.com/projects/nechalacho-rare-earth-m...
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