TORONTO, ONTARIO — (Marketwire) — 01/29/13 — . (:AVL)(:AVL)(NYSE Amex: AVL) ("Avalon" or the "Company") is pleased to provide a progress report on the Company-s Feasibility Study and related work on the Nechalacho Rare Earth Elements Project at Thor Lake, NWT (the "Project").Feasibility StudyThe Feasibility Study ("FS") for the Project, including the operations at Thor Lake and Pine Point, NWT and Geismar Louisiana remains on schedule for completion in