Eclipse Metals Confirms Rare Earths and Polymetallic Potential in Greenland

Australian junior explorer Eclipse Metals (EPM) has unveiled "highly anomalous" results for rare earths and other metals from its Greenland prospects.

The company collected nine grab samples from the Ivittuut and Grønnedal-lka prospects, and analysis showed high anomalies in total rare earth oxides (TREO) and concentrations of niobium, tungsten, lead, zinc and silver.

From the historic Ivittuut pile, Eclipse reported results from two fluorspar samples. These results include 22.2% fluorine, 8.6 g/t silver and 0.12% copper. Results from one cryolite-fluorite-margin sample showed 26% fluorine, 165 g/t silver, 0.14% copper, 3.83% lead and 0.37% zinc.

Meanwhile, magnetite-limonite-bearing ferro-carbonatite grab samples returned results including 0.32% lanthanum, 0.83% cerium, less than 10% praseodymium, 0.43% neodymium, 0.07% samarium, 0.05% gadolinium and 0.06% yttrium.

In essence, the results further confirm the polymetallic nature of Eclipse's Greenland project, according to the company, and Eclipse Chairman Carl Popal said the sample results confirm evidence of heavy rare earth element (REE) mineralization in the area.

Eclipse says that while the overall REE values of the samples are relatively low for TREO values, the ratio of high-demand heavy to light REEs is "very encouraging". The company explains that while previous explorers in the area have focused on the Ivittuut cryolite deposit, Eclipse is the first company to test both the REE and multi-element potential of Ivittuut and Grønnedal-Ika.

The company says that the various types of REE mineralization found to date, and their respective geological settings, demonstrate a "completed intrusive history and multiple episodes of REE enrichment" in Greenland.

Eclipse Metals Limited is an Australian exploration company with projects located in Australia and Greenland. The company has acquired ownership of the Ivittuut project, the world's largest historic cryolite mine with rare earths potential, in addition to its portfolio of assets in Australia with 19 claims over an area of 8,044 square kilometers with manganese, uranium, gold, vanadium, and precious metal potentials.

• < Prev
• Next >