EPM eclipse metals limited.

What's happening & how BIG is EPM going to be?, page-118

  1. nro
    11,186 Posts.
    lightbulb Created with Sketch. 4186
    I did and its the same report I stated for the extension of the Exploration License.

    Perhaps you can show me where EPM has submitted a "works request" as you stated as I cant see anything there at all.
    In fact it states the conditions have been given.
    Perhaps you can correct me if I am wrong.


    25 May 2021
    Greenland Government approves registration and transfer of Ivittuut Project
    Licence to Eclipse Metals
    Eclipse Metals Ltd (ASX: EPM) (Eclipse Metals or the Company) is pleased to announce it has received
    confirmation from the Government of Greenland of a four-year extension to its Ivittuut Project mineral
    exploration licence, MEL2007-45, to 31 December 2024 and heavily reduced minimum expenditure
    commitments for the first year of tenure.
    The changes follow Greenland’s Minister for Mineral Resources, Naaja Nathanielsen, signing addendum
    No. 6 to the licence document granted to Eclipse, providing the updated conditions.
    Eclipse acquired the Ivittuut project in Greenland in January 2021. The project area hosts the historic Ivittuut
    cryolite mine and undeveloped mineral resources, including a large REE-bearing carbonatite deposit.
    Between 1865 and 1985, the Ivittuut mine produced 3.8 million tonnes of high-grade cryolite, for use in the
    aluminium industry, from the world's largest known minable resource of naturally occurring cryolite
    (Bondam, J. 1991).
    In a statement earlier this month, Ms Nathanielsen said mineral resources was “very important for the new
    government in order to diversify the Greenlandic economy to the benefit of all.”
    She commented: “Mining remains an industry that the new government intends to develop and prioritize in
    the future – both for international companies as well as local entrepreneurs.”
    The government is very keen to see all types of mining projects progress, except uranium. Ms Nathanielsen
    stated - “The new coalition do not support exploitation of uranium.”
    Eclipse Executive Chairman Carl Popal said: “Ivittuut is an industrial mineral and REE project with no
    uranium mineralisation.
    "We are looking forward to working with the Ministry of Mines and Greenland’s Mineral Licence and Safety
    Authority to progress the development of the Ivittuut project.
    "Ivittuut has more than 120 years of mining history, and the project has great commercial prospects. We
    look forward to exploring this potential and working with the new government to develop a new mine or
    mines in Southwest Greenland."
    Eclipse had submitted a program of work for Ivittuut for 2021 and is expected to receive approval by early
    July.
    For and on behalf of the Board
    Carl Popal
    Executive Chairman
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $59.98M
Open High Low Value Volume
2.0¢ 2.1¢ 1.9¢ $127.5K 6.388M

Buyers (Bids)

No. Vol. Price($)
1 510349 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 4500000 2
View Market Depth
Last trade - 16.13pm 25/07/2025 (20 minute delay) ?
EPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.