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Gronnedal REE Exploration Target

Eclipse Metals defined a rare earth exploration target with over 5km strike length within the Gronnedal carbonatite complex. Interpolating mineralization to a depth of 50m indicates a conceptual exploration target between 175 and 245Mt with grades of 0.25%-0.5% TREE, including 32%-39% magnet REE (Nd, Pr, Dy, and Tb). The company notes that a drilling program to test the exploration target is planned.

 

“Map showing the geology of the Gronnedal nepheline syenite with ferrocarbonatite plugs (Target Area)” (Source: www.eclipsemetals.com.au)