- Eclipse Metals (EPM) recently conducted a site visit with Traditional Owners to the central part of the Devil’s Elbow prospect in the Northern Territory
- The prospect lies within a highly prospective region for uranium and has confirmed a uranium-gold-palladium mineralised zone
- Eclipse conducted the visit to hold consultations with Traditional Owners to extend the tenement area and will now progress with two applications
- Another site visit is planned to investigate and develop logistical requirements in further detail
- This will help to facilitate ground access for drilling equipment and accommodation
- Company shares ended the day with no change, with shares flat at 0.7 cents
Eclipse Metals (EPM) recently conducted a site visit with Traditional Owners to the central part of the Devil’s Elbow prospect in the Northern Territory.
Pleasingly, the site visit confirmed the general geological setting and its highly radioactive nature. The main prospect area and broad radiometric anomalies to the southwest were also examined for logistic assessment.
The visit confirmed the main uranium-gold-palladium mineralised zone is hosted within the altered Nungalgarri Volcanic unit. The company also observed minor hematite and chlorite alteration in areas of high radioactive response.
Eclipse Metals conducted the visit to hold consultations with Traditional Owners to extend the tenement area. The company will now progress with its applications for exploration licences 31065 and 31770.
The exploration company has planned another site visit to investigate and develop logistical requirements in further detail. This will help to facilitate ground access for drilling equipment and a camp.
Devil’s Elbow is part of a group of four tenements that cover a total area of 1463 square kilometres. It is located 285 kilometres east of Darwin and lies within the Alligator Rivers Uranium Field. Large deposits in this field account for 96 per cent of past production and 95 per cent of known resources in the Northern Territory.
Company shares ended the day with no change, with shares flat at 0.7 cents.