Avalon Rare Metals Inc., formerly Avalon Ventures Ltd., is a Canada-based junior mineral exploration and development company. The Company’s primary focus is on rare metals and minerals, including calcium feldspar, lithium, tantalum, cesium, indium, gallium, yttrium and the rare earth elements (REEs). The Company is in the process of exploring or developing three of its six mineral resource properties. The Company’s active projects (Thor Lake Rare Metals Project (Thor Lake), Separation Rapids and East Kemptville) are rare minerals or rare metals properties that are at an advanced stage with identified mineral resources. Thor Lake is the Company’s leading project. The Thor Lake is located in the Mackenzie Mining District of the Northwest Territories, approximately five kilometers north of the Hearne Channel of Great Slave Lake and approximately 100 kilometers southeast of the city of Yellowknife. Thor Lake comprises five contiguous mining leases totaling 10,449 acres (4,249 hectares).