Eclipse Metals Ltd (ASX:EPM) has welcomed some pleasing laboratory test results for trench samples collected at the Grønnedal carbonatite complex in Greenland.
Exceeding upper limits
Out of the 52 samples submitted for analysis, 28 have exceeded the upper detection limit for the key rare earth element (REE) neodymium.
This news has buoyed Eclipse as over-limit values indicate the presence of potentially significant concentrations of neodymium and other elements.
The laboratory testing, conducted by ALS, used the ME-MS61L_REE method for initial analysis, but due to the over-limit values obtained for neodymium, the samples have been resubmitted for re-analysis using methods more suitable for measuring higher limits of specific elements.
The decision to pursue reanalysis reflects Eclipse’s optimism about the mineralisation, and therefore economic, potential at Grønnedal and will help the company refine its assessment.
Other REEs on radar
In addition to neodymium, several other samples have also shown over-limit analyses for strontium and niobium, which have likewise been submitted for re-analysis.
Eclipse expects to receive subsequent assay results for the re-analysed samples by the end of July and is optimistic about the outcomes.
The Grønnedal carbonatite complex is a target area of interest for Eclipse – carbonatites are known for their potential to host rare earth element deposits, which are in high demand for various technological applications.
These promising laboratory results contribute to Eclipse Metals Ltd (ASX:EPM)'s ongoing exploration efforts in Greenland. The company's exploration strategy aims to identify and develop valuable mineral resources, particularly rare earth elements, in strategically significant locations.