Eclipse Metals Accelerates Grønnedal Drilling Campaign to Expand Ivigtût Project Resource

Small Caps2025-10-16

Eclipse Metals (ASX: EPM) will accelerate a diamond drilling campaign at the Grønnedal rare earth deposit within its Ivigtût project in southwest Greenland, where the company is targeting an expansion...

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Ivigtût project in southwest Greenland, where the company is targeting an expansion...</p>\n\n<a href=\"https://smallcaps.com.au/eclipse-metals-accelerates-gronnedal-drilling-campaign-expand-ivigtut-project-resource/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7083","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://smallcaps.com.au/eclipse-metals-accelerates-gronnedal-drilling-campaign-expand-ivigtut-project-resource/","article_id":"2575579987","we_media_id":null,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/10/Eclipse-Metals-ASX-EPM-Accelerates-Gronnedal-Drilling-Campaign-Expand-Ivigtut-Project-Resource.jpg"],"rights":{"source":"smallcap_stock","url":"https://smallcaps.com.au/eclipse-metals-accelerates-gronnedal-drilling-campaign-expand-ivigtut-project-resource/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2575579987","pubTimestamp":1760591920,"columns":[],"sourceInfo":{"source_id":"smallcap_stock","name":"Small Caps"},"weMediaInfo":null,"summary":"Eclipse Metals will accelerate adiamond drilling campaignat the Grnnedal rare earth deposit within its Ivigtt project in southwest Greenland, where the company is targeting an expansion and reclassification of the project’s inferred resource of 89 million tonnes at 6,363 parts per million TREO  for 567,600 tonnes TREO using a 2,000ppm cut-off.Initial drilling will focus on extending mineralised zones identified through 3D modelling and mapping, particularly in areas rich in neodymium and praseodymium—critical elements for permanent magnets used in EVs and defence technologies.Eclipse will use the data to underpin its mine planning and process optimisation studies for the Ivigtt development.Recent mineralogical studies on Grnnedal mineralisation identified a strong compatibility with conventional flotation and magnetic separation.“With the world’s major economies competing to secure non-Chinese sources of rare earths, our work in Greenland has never been more relevant,” executive chair 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reclassification of the project’s inferred resource of 89 million tonnes at 6,363 parts per million TREO (total rare earth oxides) for 567,600 tonnes TREO using a 2,000ppm cut-off.\nInitial drilling will focus on extending mineralised zones identified through 3D modelling and mapping, particularly in areas rich in neodymium and praseodymium—critical elements for permanent magnets used in EVs and defence technologies.\nEclipse will use the data to underpin its mine planning and process optimisation studies for the Ivigtût development.\nClear Path to Efficient Recovery\nRecent mineralogical studies on Grønnedal mineralisation identified a strong compatibility with conventional flotation and magnetic separation.\nThis positions it as one of the few REE projects in the western world with a clear path to efficient recovery.\n“With the world’s major economies competing to secure non-Chinese sources of rare earths, our work in Greenland has never been more relevant,” executive chair Carl Popal said, calling the drilling campaign “an important operational and strategic milestone for Eclipse”.\n“Backed by a successful capital raise and progressing NASDAQ readiness, we are advancing a globally-significant carbonatite deposit with favourable mineralogy and scale in a stable western jurisdiction.”\nCapital Raise and NASDAQ Listing\nEclipse announced a $4 million share placement to new and existing institutional, professional and sophisticated investors this week to support the drilling campaign and laboratory assays.\nThe company will issue 133.33 million fully-paid shares priced at $0.03 each plus one attaching option for every three shares subscribed for, exercisable at $0.05 with a two-year expiry.\nThis comes as Eclipse prepares for its proposed NASDAQ listing, which it anticipates will enhance its global visibility and accessibility to North American 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