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Since
its founding in 1985, Avalon Development has evolved along
with the mineral industry and its clients. Prior to Alaska's
explosive growth in the early to mid-1990's, our Alaska exploration
work was augmented by gold and copper exploration in Latin
America and Africa. As exploration in Alaska increased, Avalon
exploration teams participated in a number of discoveries
in the state. In the Fairbanks District, Avalon was responsible
for discovery of the intrusive-hosted Dolphin gold
deposit in 1995, the southwestern extension of the 1.3 million
ounce True North deposit in 1996, deep high grade gold
resources at the historic Cleary Hill mine in 2000.
Avalon's exploration teams were also an integral part of the
1 Moz Shotgun gold deposit discovery in southwestern
Alaska, conducted discovery drilling of the first lode gold
resources in the Valdez Creek District and completed
the largest multi-client exploration program ever conducted
in the Goodpaster district. The Goodpaster District
effort resulted in advancement of two prospects to the drilling
stage and identified other multi-element gold and pathfinder
anomalies that are still being explored. Prior to their discovery,
none of the mineralization discovered was known to exist at
these prospects.
During the world-wide
slump in metals prices and mineral industry activity extending
from 1997 through 2003, Avalon Development turned its attention
to compilation and interpretation of internally generated
geographic information systems (GIS) databases. This effort
lead to a string of Alaskan discoveries of the "green metals",
platinum and palladium. Avalon compiled data from over 200
platinum group element (PGE) occurrences across the state,
identified promising targets and then follow-up with field
work that discovered multi-gram PGE mineralization at the
Tonsina and Union Bay prospects in southcentral
and southeastern Alaska, respectively (see
our PGE page). In 2001, Avalon was responsible
for discovery of copper - nickel - PGE mineralization on the
Duke Island project, also in southeastern Alaska. Avalon
continues to work with a number of major and junior mining
companies involved in PGE exploration in Alaska. Now that
the mineral industry is again booming, Avalon Development's
20 years of experience is paying dividends to its clients
at precious, base and platinum group metal exploration programs
extending from southeast Alaska to the Brooks Range, from
eastern Interior Alaska to southwestern Alaska.
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