Proactive - Interviews for investors

Eclipse Metals out to meet demand for uranium and rare earths

Episode Summary

Eclipse Metals (ASX:EPM) executive chairman Carl Popal joined Proactive’s Jonathan Jackson to talk about the company’s efforts to capitalise on the rising demand for uranium and rare earth elements. He highlighted the work at the Devil's Elbow Prospect in Australia and the Ivigtût Project and Grønnedal Prospect in Greenland. Popal discussed how Eclipse Metals is strategically positioned with 16 tenements in Australia's premier uranium region, the Alligator River Uranium Field in the Nothern Territory, which is known for high-grade uranium deposits. He emphasized the structural advantages of the Devil's Elbow Prospect, including its alignment with significant geological features such as the Ranger Fault. "The Devil's Elbow has delivered high-grade results, including up to 5.8% uranium, along with notable gold and platinum findings," said Popal. In Greenland, Eclipse is advancing exploration at the Ivigtût Project, an area with more than 150 years of mining history. Recent drilling has yielded promising rare earth element (REE) results, with grades surpassing 6,800 ppm, making this a key part of the company’s portfolio as the world transitions towards cleaner energy solutions. Popal also mentioned ongoing efforts to strengthen relationships with third-party collaborators to turn these prospects into commercially viable operations. #ProactiveInvestors #EclipseMetals #ASX #UraniumMining #RareEarthElements #CleanEnergyTransition #GreenlandProject #DevilsElbowProspect #CarlPopal #AlligatorRiver #MiningInvesting #ProactiveStudio