Avalon Announces Updated Mineral Resource Estimate for Nechalacho Basal Zone, Revalidating Scale and Economic Development Potential of a Large, North American Source of Light and Heavy Rare Earth Elements
Original announcement by tmx on
- Company
- Avalon Advanced Materials Inc.
- Ticker
- AVL
- Exchange
- TSX
- Region
- Northwest Territories
- Primary commodity
- Rare earth elements
- Secondary commodities
- Lanthanum, Cerium, Praseodymium, Neodymium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, Lutetium, Yttrium, Zirconium, Niobium, Tantalum
- Document categories
- Resource update
- Extracted
- 2026-08-20 18:51:01 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Avalon Advanced Materials Inc. has announced an updated Mineral Resource Estimate for its Nechalacho Basal Zone, revalidating the project's scale and economic development potential. The estimate, prepared in accordance with S-K 1300, includes 58.6 million tonnes of Measured and Indicated resources grading 1.49% TREO, plus 130.6 million tonnes of Inferred resources grading 1.31% TREO. This update establishes a current technical and economic foundation for the project, emphasizing its significant content of magnet-critical rare earth elements and other critical minerals.
Reasoning: The updated Mineral Resource Estimate for the Nechalacho Basal Zone revalidates the project's scale and economic potential, providing a current technical and economic framework compliant with S-K 1300, and highlights significant resources of magnet-critical rare earth elements and other critical minerals.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Significant M&I Resources
- Large Inferred Resource
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
- Supports PEA/DFS
Negative factors
- High Inferred Component
- Historical Reserves Not Carried Forward
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 80
Classification and evidence
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The updated MRE includes 10.3 million tonnes classified as Measured resources.
Evidence · text
“10.3 million tonnes classified as Measured”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The updated MRE includes 48.3 million tonnes classified as Indicated resources.
Evidence · text
“48.3 million tonnes classified as Indicated”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Micon International Limited serves as the independent Qualified Person for the estimate, with Tudorel Ciuculescu, P.Geo., and Richard Gowans, P.Eng., named as Qualified Persons.
Evidence · text
“Micon also serves as the independent Qualified Person for the estimate. The S-K 1300 Technical Report for the updated 2026 Rare Earth Element Mineral Resource Estimate on Nechalacho was prepared by Tudorel Ciuculescu, P.Geo., and Richard Gowans, P.Eng., of Micon International Limited. Both Mr. Ciuculescu and Mr. Gowans are "Qualified Persons"”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The mineral resource estimate was determined using an NMR cut-off value of US$366.40/t.
Evidence · text
“an NMR cut-off value of US$366.40/t”
S-K 1300 Compliantpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The MRE was prepared in accordance with Subpart 1300 of Regulation S-K.
Evidence · text
“prepared in accordance with Subpart 1300 of Regulation S-K”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The updated MRE includes 130.6 million tonnes of Inferred resources.
Evidence · text
“130.6 million tonnes of Inferred resources”
Historical Estimate Onlynegative
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: Historical mineral reserves from the 2013 DFS are not being treated as current under S-K 1300 and have not been carried forward into the updated 2026 MRE.
Evidence · text
“Those historical mineral reserves are not being treated as current mineral reserves under S-K 1300 and have therefore not been carried forward into the updated 2026 MRE.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document announces an 'Updated Mineral Resource Estimate' for the Nechalacho Basal Zone.
Evidence · text
“Updated Mineral Resource Estimate”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: Avalon is currently advancing a Preliminary Economic Analysis ('PEA') based on the updated resource.
Evidence · text
“advancing a Preliminary Economic Analysis ("PEA") based on the updated resource”
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: Subject to the results of the PEA, Avalon expects to advance Nechalacho toward subsequent definitive feasibility-level work.
Evidence · text
“Avalon expects to advance Nechalacho toward subsequent definitive feasibility-level work”
Extracted facts
Stored fact records: 80. Some facts used in scoring do not have a stored record.
Resource Estimates (80)
measuredNechalacho Basal Zone · total rare earth oxidesTonnes: 10300000Grade: 1.52Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 1.52
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.52%”
Context: 10.3
measuredNechalacho Basal Zone · zirconiumTonnes: 10300000Grade: 2.79Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- zirconium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 2.79
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“2.79%”
Context: 10.3
measuredNechalacho Basal Zone · niobiumTonnes: 10300000Grade: 0.36Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- niobium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.36
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.36%”
Context: 10.3
measuredNechalacho Basal Zone · tantalumTonnes: 10300000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- tantalum
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.03%”
Context: 10.3
indicatedNechalacho Basal Zone · total rare earth oxidesTonnes: 48300000Grade: 1.49Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 1.49
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.49%”
Context: 48.3
indicatedNechalacho Basal Zone · zirconiumTonnes: 48300000Grade: 2.69Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- zirconium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 2.69
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“2.69%”
Context: 48.3
indicatedNechalacho Basal Zone · niobiumTonnes: 48300000Grade: 0.35Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- niobium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.35
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.35%”
Context: 48.3
indicatedNechalacho Basal Zone · tantalumTonnes: 48300000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- tantalum
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.03%”
Context: 48.3
indicatedNechalacho Basal Zone · total rare earth oxidesTonnes: 58600000Grade: 1.49Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 1.49
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.49 %”
Context: 58.6
indicatedNechalacho Basal Zone · zirconiumTonnes: 58600000Grade: 2.74Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- zirconium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 2.74
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“2.74 %”
Context: 58.6
indicatedNechalacho Basal Zone · niobiumTonnes: 58600000Grade: 0.35Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- niobium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.35
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.35 %”
Context: 58.6
indicatedNechalacho Basal Zone · tantalumTonnes: 58600000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- tantalum
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.03 %”
Context: 58.6
inferredNechalacho Basal Zone · total rare earth oxidesTonnes: 130600000Grade: 1.31Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 1.31
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.31%”
Context: 130.6
inferredNechalacho Basal Zone · zirconiumTonnes: 130600000Grade: 2.43Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- zirconium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 2.43
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“2.43%”
Context: 130.6
inferredNechalacho Basal Zone · niobiumTonnes: 130600000Grade: 0.34Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- niobium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.34
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.34%”
Context: 130.6
inferredNechalacho Basal Zone · tantalumTonnes: 130600000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- tantalum
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.03
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.03%”
Context: 130.6
measuredNechalacho Basal Zone · total rare earth oxidesTonnes: 10300000Grade: 1.517Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 1.517
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.517”
Context: 10.3
measuredNechalacho Basal Zone · lanthanumTonnes: 10300000Grade: 0.246Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lanthanum
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.246
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.246”
Context: 10.3
measuredNechalacho Basal Zone · ceriumTonnes: 10300000Grade: 0.573Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- cerium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.573
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.573”
Context: 10.3
measuredNechalacho Basal Zone · praseodymiumTonnes: 10300000Grade: 0.07Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- praseodymium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.07
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.070”
Context: 10.3
measuredNechalacho Basal Zone · neodymiumTonnes: 10300000Grade: 0.267Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- neodymium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.267
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.267”
Context: 10.3
measuredNechalacho Basal Zone · samariumTonnes: 10300000Grade: 0.058Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- samarium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.058
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.058”
Context: 10.3
measuredNechalacho Basal Zone · europiumTonnes: 10300000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- europium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 10.3
measuredNechalacho Basal Zone · gadoliniumTonnes: 10300000Grade: 0.049Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- gadolinium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.049
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.049”
Context: 10.3
measuredNechalacho Basal Zone · terbiumTonnes: 10300000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- terbium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 10.3
measuredNechalacho Basal Zone · dysprosiumTonnes: 10300000Grade: 0.037Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- dysprosium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.037
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.037”
Context: 10.3
measuredNechalacho Basal Zone · holmiumTonnes: 10300000Grade: 0.006Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- holmium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.006
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.006”
Context: 10.3
measuredNechalacho Basal Zone · erbiumTonnes: 10300000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- erbium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.016”
Context: 10.3
measuredNechalacho Basal Zone · thuliumTonnes: 10300000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- thulium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 10.3
measuredNechalacho Basal Zone · ytterbiumTonnes: 10300000Grade: 0.013Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- ytterbium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.013
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.013”
Context: 10.3
measuredNechalacho Basal Zone · lutetiumTonnes: 10300000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lutetium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 10.3
measuredNechalacho Basal Zone · yttriumTonnes: 10300000Grade: 0.162Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- yttrium
- Ticker
- AVL
Resource Data
- Category
- measured
- Tonnes
- 10300000
- Grade
- 0.162
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.162”
Context: 10.3
indicatedNechalacho Basal Zone · total rare earth oxidesTonnes: 48300000Grade: 1.489Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 1.489
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.489”
Context: 48.3
indicatedNechalacho Basal Zone · lanthanumTonnes: 48300000Grade: 0.241Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lanthanum
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.241
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.241”
Context: 48.3
indicatedNechalacho Basal Zone · ceriumTonnes: 48300000Grade: 0.561Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- cerium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.561
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.561”
Context: 48.3
indicatedNechalacho Basal Zone · praseodymiumTonnes: 48300000Grade: 0.069Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- praseodymium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.069
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.069”
Context: 48.3
indicatedNechalacho Basal Zone · neodymiumTonnes: 48300000Grade: 0.263Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- neodymium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.263
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.263”
Context: 48.3
indicatedNechalacho Basal Zone · samariumTonnes: 48300000Grade: 0.057Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- samarium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.057
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.057”
Context: 48.3
indicatedNechalacho Basal Zone · europiumTonnes: 48300000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- europium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 48.3
indicatedNechalacho Basal Zone · gadoliniumTonnes: 48300000Grade: 0.049Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- gadolinium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.049
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.049”
Context: 48.3
indicatedNechalacho Basal Zone · terbiumTonnes: 48300000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- terbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 48.3
indicatedNechalacho Basal Zone · dysprosiumTonnes: 48300000Grade: 0.037Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- dysprosium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.037
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.037”
Context: 48.3
indicatedNechalacho Basal Zone · holmiumTonnes: 48300000Grade: 0.006Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- holmium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.006
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.006”
Context: 48.3
indicatedNechalacho Basal Zone · erbiumTonnes: 48300000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- erbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.016”
Context: 48.3
indicatedNechalacho Basal Zone · thuliumTonnes: 48300000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- thulium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 48.3
indicatedNechalacho Basal Zone · ytterbiumTonnes: 48300000Grade: 0.012Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- ytterbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.012
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.012”
Context: 48.3
indicatedNechalacho Basal Zone · lutetiumTonnes: 48300000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lutetium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 48.3
indicatedNechalacho Basal Zone · yttriumTonnes: 48300000Grade: 0.159Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- yttrium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 48300000
- Grade
- 0.159
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.159”
Context: 48.3
indicatedNechalacho Basal Zone · total rare earth oxidesTonnes: 58600000Grade: 1.494Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 1.494
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.494”
Context: 58.6
indicatedNechalacho Basal Zone · lanthanumTonnes: 58600000Grade: 0.242Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lanthanum
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.242
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.242”
Context: 58.6
indicatedNechalacho Basal Zone · ceriumTonnes: 58600000Grade: 0.563Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- cerium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.563
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.563”
Context: 58.6
indicatedNechalacho Basal Zone · praseodymiumTonnes: 58600000Grade: 0.069Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- praseodymium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.069
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.069”
Context: 58.6
indicatedNechalacho Basal Zone · neodymiumTonnes: 58600000Grade: 0.264Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- neodymium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.264
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.264”
Context: 58.6
indicatedNechalacho Basal Zone · samariumTonnes: 58600000Grade: 0.057Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- samarium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.057
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.057”
Context: 58.6
indicatedNechalacho Basal Zone · europiumTonnes: 58600000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- europium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 58.6
indicatedNechalacho Basal Zone · gadoliniumTonnes: 58600000Grade: 0.049Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- gadolinium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.049
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.049”
Context: 58.6
indicatedNechalacho Basal Zone · terbiumTonnes: 58600000Grade: 0.007Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- terbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.007
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.007”
Context: 58.6
indicatedNechalacho Basal Zone · dysprosiumTonnes: 58600000Grade: 0.037Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- dysprosium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.037
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.037”
Context: 58.6
indicatedNechalacho Basal Zone · holmiumTonnes: 58600000Grade: 0.006Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- holmium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.006
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.006”
Context: 58.6
indicatedNechalacho Basal Zone · erbiumTonnes: 58600000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- erbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.016”
Context: 58.6
indicatedNechalacho Basal Zone · thuliumTonnes: 58600000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- thulium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 58.6
indicatedNechalacho Basal Zone · ytterbiumTonnes: 58600000Grade: 0.013Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- ytterbium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.013
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.013”
Context: 58.6
indicatedNechalacho Basal Zone · lutetiumTonnes: 58600000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lutetium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 58.6
indicatedNechalacho Basal Zone · yttriumTonnes: 58600000Grade: 0.159Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- yttrium
- Ticker
- AVL
Resource Data
- Category
- indicated
- Tonnes
- 58600000
- Grade
- 0.159
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.159”
Context: 58.6
inferredNechalacho Basal Zone · total rare earth oxidesTonnes: 130600000Grade: 1.306Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- total rare earth oxides
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 1.306
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“1.306”
Context: 130.6
inferredNechalacho Basal Zone · lanthanumTonnes: 130600000Grade: 0.216Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lanthanum
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.216
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.216”
Context: 130.6
inferredNechalacho Basal Zone · ceriumTonnes: 130600000Grade: 0.51Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- cerium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.51
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.510”
Context: 130.6
inferredNechalacho Basal Zone · praseodymiumTonnes: 130600000Grade: 0.063Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- praseodymium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.063
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.063”
Context: 130.6
inferredNechalacho Basal Zone · neodymiumTonnes: 130600000Grade: 0.241Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- neodymium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.241
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.241”
Context: 130.6
inferredNechalacho Basal Zone · samariumTonnes: 130600000Grade: 0.049Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- samarium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.049
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.049”
Context: 130.6
inferredNechalacho Basal Zone · europiumTonnes: 130600000Grade: 0.006Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- europium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.006
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.006”
Context: 130.6
inferredNechalacho Basal Zone · gadoliniumTonnes: 130600000Grade: 0.041Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- gadolinium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.041
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.041”
Context: 130.6
inferredNechalacho Basal Zone · terbiumTonnes: 130600000Grade: 0.006Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- terbium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.006
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.006”
Context: 130.6
inferredNechalacho Basal Zone · dysprosiumTonnes: 130600000Grade: 0.028Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- dysprosium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.028
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.028”
Context: 130.6
inferredNechalacho Basal Zone · holmiumTonnes: 130600000Grade: 0.005Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- holmium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.005
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.005”
Context: 130.6
inferredNechalacho Basal Zone · erbiumTonnes: 130600000Grade: 0.011Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- erbium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.011
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.011”
Context: 130.6
inferredNechalacho Basal Zone · thuliumTonnes: 130600000Grade: 0.002Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- thulium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.002
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.002”
Context: 130.6
inferredNechalacho Basal Zone · ytterbiumTonnes: 130600000Grade: 0.009Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- ytterbium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.009
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.009”
Context: 130.6
inferredNechalacho Basal Zone · lutetiumTonnes: 130600000Grade: 0.001Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- lutetium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.001
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.001”
Context: 130.6
inferredNechalacho Basal Zone · yttriumTonnes: 130600000Grade: 0.117Grade Unit: %View all detailsHide details
Identity
- Project
- Nechalacho Basal Zone
- Commodity
- yttrium
- Ticker
- AVL
Resource Data
- Category
- inferred
- Tonnes
- 130600000
- Grade
- 0.117
- Grade Unit
- %
- Cutoff Grade
- 366.4
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-06T00:00:00.000Z
Reasoning: The updated Mineral Resource Estimate provides a current technical and economic framework for the project, compliant with S-K 1300, and highlights significant resources of critical rare earth elements.
Positive factors
- Updated MRE
- S-K 1300 Compliant
- QP Signed
- Magnet-Critical REEs
- Broad Suite of REEs
- Includes Other Critical Minerals
Evidence · table
“0.117”
Context: 130.6
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.