Eclipse Strikes Deal with Traditional Landowners to Negotiate for Liverpool Uranium Project Expansion

  • Jul 30, 2020 AEST
  • Team Kalkine

Eclipse Metals Limited (ASX:EPM) has reached a landmark decision with traditional landowners, allowing negotiations with the Northern Land Council (NLC) regarding access to exploration license applications, ELA 31065 and ELA 31770, for uranium-gold-palladium exploration and mining. The new Liverpool Uranium Project tenements situated in the world-class Alligator Rivers Uranium Field adjoin the Company’s Devil’s Elbow Project.

Upon reaching an agreement on the final terms and conditions, the exploration agreement will be ratified with the traditional owners during a final on-country meeting.

Eclipse also updated on a reconnaissance program on the Devil’s Elbow U-Au-Pd prospect and the surrounding radiometric anomalies within EL27584.

EPM stock was trading at AU$0.007 on 30 July 2020 (AEST 12:51 PM).

 


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