Maiden Drilling Program Commences At Eclipse’s Flagship Project

Eclipse Metals Ltd (ASX: EPM) (Eclipse or the Company) is pleased to announce its maiden drilling program on Ivigtût and Grønnedal projects has commenced (Figure 1). This is primarily a percussion drill program of approximately 2,000m, designed to follow-up REE targets and is expected to be completed in October.

Highlights

• October 2022 drilling program on its Ivigtût and Grønnedal projects has commenced.
• Primarily percussion drilling program of approximately 2,000m, designed to follow-up REE targets, expected to be completed in October.
• Investigations around the Ivigtût mine-site will include sampling of remnant waste dumps to assess cryolite, fluorite base metal content and outcrop areas to assess REE and lithium prospectivity.

In addition to the drilling, the Company is undertaking a surface sampling program in areas of interest defined by remote sensing surveys and in proximity of the historical mine precinct. Findings from geophysical inversion modelling and satellite imagery analysis have provided Eclipse with many targets for field checking and sampling to be conducted during the current exploration program on the project site (refer ASX release 13 June 2022 for further details).

Investigations around the Ivigtût mine-site will include sampling of remnant waste dumps to assess cryolite, fluorite base metal content and outcrop areas to assess REE and lithium prospectivity.

Executive Chairman, Carl Popal, has joined the Greenlandic drilling contractor and geologist on site to oversee and report on the program as it progresses.

Eclipse will update the market with the results of this exploration program as they come available.

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