EPM

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0.6¢ eclipse metals limited.

Ann: Update on Divestment of Northern Territory Projects, page-3

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Bonneylad

432 Posts.

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05/04/22

05:52

Post #: 60646372
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Originally posted by PokemonGo: ↑

Awesome, glad to see Oz Yellow is back on track although a bit smaller raise which will give a chance for the market to decide its full value. Reading from CEO message, looks to me Greenland is EPM main priority and please to see the mention of the near term production of the high silica quartz. Hopefully that will be EPM first revenue earning coming up guys.

Eclipse Metals’ Executive Chairman Carl Popal said,“The revised divestment terms of Eclipse’s non-core
uranium assets are more pragmatic in delivering a simplified and balanced approach to progress evaluation
of the uranium portfolio. Oz Yellow Uranium will be a new pure-play company focused on the northern
territory uranium tenement. Eclipse’s recently announced high grade quartz, REE and rare/critical metals
results have boosted our confidence to strategically move forward in developing the Company’s polymetallic
Ivittuut project in Greenland.

Coinciding with the growing global demand for REE, unique minerals and metals delineated and also the
quantifiable mass of low impurity, high silica quartz with up to 99.6% SiO2 in a target of 5.8M tonne, puts
Eclipse in the perfect position to focus more on definition and production of high silica grade quartz in the
near future. This is highly sought after industrial mineral, also essential in high-tech semiconductors.The
divestment of our uranium assets will position Eclipse with clear targets to concentrate as an REE and
rare/critical metals explorer and the developer of high silica grade quartz mine.
“The divestment will deliver to Eclipse a significant shareholding and board representation in a cashed-up
entity that has the sole focus of exploring and developing uranium exploration ground in the Northern
Territory. We believe that this to be an extraordinary opportunity to maxim

Expand

The very best part of the announcement was also the most significant,
Low impurities
High grade quartz
5.8 MILLION tonnes

Thats where Poke gets the multi Billion near term revenue opportunity
Minimum 8 billion
Maximum 35 billion

This is why EPM could very well be the next Blue chip

Green and Clean

Still to hear of Chops favourite the Mag

EPM Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
5 Upvote

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