Well as we all been saying and telling down rampers to wait for EPM updates and here we are.
"7 July 2021 Greenland Government approves Eclipse Metals’ Ivittuut fieldwork programme Eclipse Metals Ltd (ASX: EPM) (Eclipse Metals or the Company) is pleased to announce it has received approval for an initial fieldwork programme at the Ivittuut Project, Greenland from the Greenland Government.
Eclipse acquired the Ivittuut project in January 2021, and in May 2021, the Company announced it had applied for approval to undertake an initial fieldwork programme on exploration licence MEL2007-45, Ivittuut, Greenland.
Approval to commence on 1 August 2021 has now been granted following receipt of formal advice from the Greenland Mineral Licence and Safety Authority. This approval will enable Eclipse Metals to make an assessment of access, ground conditions and confirmation of geological features at Ivittuut. Eclipse Executive Chairman Carl Popal said: “Approval from the Greenland Government is an important step and allows us to move ahead with our plans at Ivittuut, which once hosted the world’s largest known mineble resource of naturally occurring cryolite as well as REE-bearing minerals and a nearby REE bearing carbonatite formation.”
Eclipse’s approved programme of work at Ivittuut will include field assessment and general inspection and familiarisation by the new field team, sampling of the existing mullock heaps and sampling of geological bulk intrusions. This appraisal will pave the way for further testwork to facilitate calculation of a JORCcompliant mineral resource estimate and project feasibility study.
An initial sampling program will include collection of representative samples from the Ivittuut mine tailings and low-grade waste dumps and the Gronnedal-Ika carbonatite. For and on behalf of the Board
Carl Popal Executive Chairman"
EPM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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