Eclipse Metals (ASX:EPM) has identified a continuous carbonatite system in all holes, after recent drilling at the Grønnedal rare earth element prospect in southwest Greenland.
The company conducted more than 700m of diamond drilling at the prospect. Drilling validated the mineralisation to run from surface to depth, remaining consistent with previous studies.
Eclipse observed calcite–siderite carbonatite, hosting both hematite and magnetite. The company described this feature as typical for neodymium, praseodymium, dysprosium, and terbium mineralisation.
Executive Chairman Carl Popal says the continuity supports scale potential demonstrated in the mineral resource of 89 million tonnes @ 6,363 parts per million total rare earth oxide, which sits in the inferred category.
“Each metre of core reinforces the project’s geological simplicity and amenability to conventional processing, which are key factors in positioning Grønnedal as a cornerstone rare-earth source for the European Union and North America,” Popal says.
Meanwhile, Eclipse is currently progressing drilling at the Ivigtût prospect. The program is intended to target multi-commodity mineralisation associated with fluorite, quartz, cryolite, sphalerite, galena, and siderite.
Eclipse Metals is an Australian explorer focused on developing assets in the Northern Territory and Queensland, as well as southwestern Greenland.
Write to Maddison Elliott at Mining.com.au
Images: Eclipse
