Eclipse Metals (ASX:EPM) completed this year's diamond drilling program at the Ivigtût prospect, within the company's Ivigtût project in Greenland, according to a Monday filing with the Australian bourse.
A total of 503 meters of diamond drilling was undertaken in two holes targeting the Ivigtut Intrusive, confirming a polymetallic, rare earth element-fertile system with carbonatite-related alteration, the filing said.
Selected core intervals will be sent for laboratory analysis, with results expected in the first quarter of 2026, per the filing.
Shares fell 10% in afternoon trade on Monday.
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