Avalon Minerals : Presentation Mining 2016 Conference

Mining 2016 Resources Convention Brisbane, Australia

August 2016

DISCLAIMER

To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted by Avalon or any of its officers, employees, agents or consultants or any other person as to the adequacy, accuracy, completeness or reasonableness of this Presentation. To the maximum extent permitted by law, no responsibility for any errors or omissions from this Presentation whether arising out of negligence or otherwise is accepted.

This Presentation contains general information about Avalon Minerals Limited (Avalon) which is in the business of exploring for minerals which is a speculative and risky venture. It does not purport to contain all the information that a prospective investor may require. The Presentation should not be considered as an offer or invitation to subscribe for or purchase of any securities in Avalon and no agreement to subscribe for securities will be entered into on the basis of this Presentation.

Potential investors should conduct their own investigation and analysis and should check the accuracy, reliability, and completeness of the information provided and obtain independent and specific advice from appropriate professional advisors.

This Presentation includes certain statements that may be deemed "forward-looking statements". All statements in this Presentation, other than statements of historical facts, that address future activities and events or developments that Avalon expects, are forward looking statements.

Although Avalon believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward- looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions.

Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements.

CORPORATE

Top 10 shareholders hold 55% of shares on issue

Board and management hold 3.3% and have participated in recent placements

European and UK shareholders total 43%

SUBSTANTIAL SHAREHOLDERS

As at 22.08.16 - 30 day VWAP * As at 22.08.16 - unaudited #

KEY POINTS

• Portfolio of lithium, gold and copper projects in Sweden and Finland

• Geographic focus in countries with a long history of mining and outstanding infrastructure

• Can explore, develop and mine all year round - no weather restrictions

• Kietyönmäki Lithium Project - a higher than average grade deposit

  • Historical diamond drilling returned 18m at 1.8% Li2O, including 9m at 2.6% Li2O

  • Drilling in progress

• Viscaria Copper Project - an advanced stage copper development opportunity with significant upside potential

  • Mineral Resource estimate 52.4Mt at 1.2% Cu

  • Mining Inventory 18Mt at 1.2% Cu (supporting a mine life of 9 years at 2Mtpa)

  • Scoping Study completed

• Satulinmäki Gold Project - high grade, only drilled to 70m below surface

  • Includes 25m at 3.17g/t and narrower high grade intersections of 3m at 9.3g/t and 4m at 10.3g/t