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For the Quarter ending 31 March 2024
Eclipse Metals Ltd (ASX: EPM) (Eclipse or the Company) (ASX: EPM | FSE: 9EU) is pleased to report its activities for the financial quarter ending 31 March 2024.
HIGHLIGHTS
IVIGTÛT AND GRØNNEDAL, GREENLAND
CORPORATE
Gronnedal Resource Area
As reported in the December 2023 financial quarter, Eclipse Metals announced that it had delineated a rare earth elements (REE) exploration target at Grønnedal within its 100%-owned Ivigtût multi-commodity project in southwest Greenland. On 9 February 2024 the company announced it had estimated a maiden near-surface JORC-compliant inferred resource. The exploration target encompasses a carbonatite section of about 3km by 800m that intrudes the syenite (Target Area) which encompasses the inferred resource. Overall, rare earth mineralisation at Grønnedal extends over an area of 5km by 2km of nepheline syenite. The inferred resource represents only a fraction of the Target Area. The Target Area shown in Figure 1 has been derived from a combination of recent exploration, a geophysical assessment and review of public domain data.Click here for the full ASX Release
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