What's happening & how BIG is EPM going to be?, page-119

First 119 Last

Share
Profile

Follow
PokemonGo

6,947 Posts.

775

20/06/21

23:21

Post #: 53955374
Share

Originally posted by nro: ↑

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

Expand

Ah ok so now you are picking on the term of wording just to push negative tone?

The point is what ever questions you 2 been down ramping, as EPM holder, the up coming announcement should give you some answers

EPM Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

First 119 Last

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

No.	Vol.	Price($)
1	510349	0.020
6	3540774	0.019
4	656375	0.018
3	2454993	0.017
3	1904047	0.016

Price($)	Vol.	No.
0.021	4500000	2
0.022	3649691	6
0.023	2009555	5
0.024	1851900	6
0.025	542953	4

Last trade - 16.13pm 25/07/2025 (20 minute delay)

EPM (ASX) Chart

What's happening & how BIG is EPM going to be?, page-119

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

What's happening & how BIG is EPM going to be?, page-119

Top Stories

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News