Eclipse Metals Ltd.

Eclipse To Collaborate With University Of Delaware On Greenland Research

Eclipse Metals Ltd (ASX: EPM) (FSE:9EU) (Eclipse Metals or the Company) is pleased to announce it has signed an Memorandum of Understanding (MOU) with the Minerals, Materials and Society Program at the University of Delaware, USA (University) to work collaboratively in efforts to research potential avenues for regional sustainable development and diversification of the economy in the proximity of Eclipse’s Ivigtût Project in Southwest Greenland.


The University is focused on regional economic development of the Ivigtût project areas, and has received funding from the US government’s National Science Foundation. This research is part of a larger project on redevelopment of legacy energy and mineral sites in the Arctic for a just and sustainable transition that recognises greater access to the region due to changing climate.

Eclipse will provide the University with access to project data and research as well as engage with stakeholders for the purposes of potential commercial development of all resources in the area.

Eclipse expects that the research being conducted by the University will assist in providing a framework for, and will potentially contribute to, the Social Impact Assessment (SIA). The SIA is a document which must be submitted in stages to the Greenlandic mining authority (MLSA) as part of an application for a mining license. The ‘scoping phase’ for the Social and Environmental Impact Assessments, conducted by Eclipse and Danish consultancy COWI, are nearing completion and will be submitted to the MLSA in the coming weeks.

Eclipse Metals Executive Chairman Carl Popal said:“We are thrilled to collaborate with the University of Delaware on research to look at areas for potential economic redevelopment in Greenland. Our Ivigtût project, which has a historic mining life extending over 120 years, is a prime example of an opportunity for redevelopment and we hope this research will provide an insight into how we can do this to the benefit of Greenland and the local communities as well as Eclipse and our shareholders.

“This collaboration with the University of Delaware is in addition to collaborative research programs that is already underway with the University of St Andrews, UK and the Natural History Museum at the University of Oslo, Norway, which is focused on rare earth elements and green technology metals (refer to ASX Announcement 1st March 2022). There is plenty of scope for development in Greenland and we are encouraged to see this renewed attention in the artic region as we look towards expanding its potential for strategic mineral and economic development.”

Eclipse recently completed its maiden percussion drilling and trench sampling program at Ivigtût, which also includes the Grønnedal carbonatite complex, with laboratory results from this work expected during Q2.


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.

EPM:AU
The Conversation (0)
Positive Feasibility Study Demonstrates Profitable Magnet Recycling Business in UK

Positive Feasibility Study Demonstrates Profitable Magnet Recycling Business in UK

Landmark Belfast facility backed by UK Government shows strong returns and supply chain engagement

Ionic Rare Earths Limited (“IonicRE” or the “Company”) (ASX: IXR) wholly owned subsidiary Ionic Technologies is on track for the development of a unique commercial REO manufacturing facility in Belfast, UK, following the successful completion of a Feasibility Study that demonstrates both strong financial returns and environmental sustainability. The study positions Ionic Technologies as the ‘first mover’ in the development of a sustainable, traceable and sovereign UK/Europe supply chain, meeting the demands of the net-zero transition, advanced manufacturing and defence.

Keep reading...Show less
CuFe Ltd

Sale of Crossroads Gold Royalty for A$4 Million Cash

CuFe Ltd (ASX: CUF) (CuFe or the Company) is pleased to announce that its wholly owned subsidiary Jackson Minerals Pty Ltd (Jackson) has entered into a binding sale and purchase agreement with Northern Star (Saracen Kalgoorlie) Pty Ltd and Northern Star (KLV) Pty Ltd (collectively Northern Star) for the sale of Jackson’s 2% Net Smelter Royalty over Northern Star’s Crossroads gold project.

Keep reading...Show less

Ucore Closes Private Placement Financing

Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") for a period of 24 months following the date of closing of the Offering (the "Closing Date", being the date hereof) at an exercise price of $0.75.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
ChemX Materials

ChemX Receives $661,890 R&D Refund

ChemX Materials Limited (ASX:CMX) (ChemX or the Company), an Australian high purity critical materials company and 100%-owner of the HiPurA® patented process to produce High Purity Alumina (HPA) in O’Connor, Western Australia is pleased to advise it has received its FY24 R&D Refund from the ATO.

Keep reading...Show less
Person signing paper.

Viridion Joint Venture Signs MOU for Rare Earth Magnet Supply in Brazil

Viridion, a joint venture between Ionic Rare Earths (ASX:IXR,OTC Pink:IXRRF) and Viridis Mining and Minerals (ASX:VMM), has signed a five year memorandum of understanding (MOU) with the owner of Lab Fab.

Lab Fab, which is owned by SENAI FIEMG Innovation and Technology Centre, is South America's first rare earth magnet laboratory. The facility is located in Brazil, which is looking to boost its rare earths presence.

The MOU will target the joint development and production of rare earth magnets at Lab Fab.

Keep reading...Show less
  Bastion Minerals

Up to 18% REE & 24% Copper PXRF Analyses in REE Line, Sweden - Coinciding with High Magnetic Responses

Bastion Minerals Ltd (ASX:BMO or the Company) is pleased to provide an update on its activities in Sweden, where the Company holds the highly prospective high-grade copper (Cu) and Rare Earth Elements (REE) Gyttorp area no. 100 property (Gyttorp Project or Gyttorp) and eight additional properties along the REE line (Figures 1 and 2, Table 1).

Keep reading...Show less

Latest Press Releases

Related News

×