Eclipse Metals Ltd (ASX: EPM) (Eclipse or the Company) (ASX: EPM | FSE: 9EU) is pleased to report its activities for the quarter ending 31 March 2023.

HIGHLIGHTS

• Eclipse appointed Frankfurt-based DGWA (Deutsche Gesellschaft für Wertpapieranalyse GmbH), the German Institute for Asset and Equity Allocation and Valuation, as its investor relations and corporate advisor in Europe.
  
• Eclipse accepted as member of European Raw Materials Alliance (ERMA).
  
• Joining ERMA aligns with Eclipse’s strategy to engage with European agencies regarding development of its Ivigtût rare earths and polymetallic project.
• This membership strengthens EPM’s engagement with European stakeholders following commencement of trading on the Frankfurt and Tradegate exchanges in Germany.
  
• Results from maiden percussion drilling and trench sampling program across the Ivigtût and Grønnedal targets expected in Q2 CY2023.
• Eclipse to collaborate with University of Delaware on sustainable development and diversification of the economy in the Ivigtût project areas.
  
• Post-quarter, Eclipse completed the scoping phase of Environmental and Social Impact Assessments for the Ivigtût project and submitted scoping reports to Greenland’s Mineral Licence and Safety Authority (MLSA).
• Eclipse gained access to historical drill core held in Denmark providing new information about the iron-zinc-copper zone at Ivigtût.

IVIGTÛT (IVITTUUT) PROJECT– GREENLAND

Activities

Eclipse continued to move forward on its Ivigtût Project in Southwest Greenland during the quarter. As previously announced, Eclipse has completed its maiden percussion drilling and trench sampling program at the historic Ivigtût minesite and Grønnedal carbonatite complex (see ASX announcement 28 November 2022). Laboratory results from this work are expected during Q2 CY2023.

Figure 1: MEL2007-45 Location map and exploration drill targets

Eclipse continued work on its Social and Environmental Impact Assessments for the project as part of an application for a mining licence. The initial phase of these assessments was conducted by Eclipse and Danish consultancy COWI.

Click here for the full ASX Release

This article includes content from Eclipse Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.