# Eclipse Metals Ltd \(EPMFF\) Drilling to Advance Greenland 208 Mt Gronnedal Resource Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/eclipse-metals-ltd-epmff-drilling-to-advance-greenland-208-mt-gronnedal-resource--6830e704-13da-40e2-918f-2c42569b0ef0 Original source: https://orestocks.com/company/EPM/press-releases/4603000217096967 Publisher: orestocks Original announcement: 2026-09-20T23:10:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-20T23:32:00.081Z Atlas analysis updated: 2026-09-20T23:32:00.081Z - Company: Eclipse Metals Limited - Ticker: EPM - Exchange: Unavailable - Region: South Greenland - Primary commodity: Rare earths - Secondary commodities: Dysprosium, Terbium, Neodymium, Praseodymium - Document categories: Resource update, Other - Extracted: 2026-09-20 23:32:00 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Eclipse Metals has announced a 17-hole diamond drilling program at its Ivigtut-Gronnedal Project in South Greenland to advance its 208 Mt rare earth resource. The program aims to convert Inferred resources to the Indicated category and test for extensions beyond current limits. Reasoning: The announcement details a planned 17-hole drilling program to convert Inferred resources to Indicated at the Gronnedal project, building on a previously expanded resource. - Positive factor: Strategic drilling program announced to advance resource classification - Positive factor: Large existing resource base of 208 Mt - Positive factor: Proximity to deep-water port and historic infrastructure - Negative factor: Current resource is predominantly Inferred Facts used in scoring: 2 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document discusses the expansion and upcoming advancement of the Gronnedal Mineral Resource. Evidence · text > Drilling to Advance Greenland 208 Mt Gronnedal Resource **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The majority of the 208 Mt resource is categorized as Inferred, with the program targeting conversion to Indicated. Evidence · text > target potential conversion of selected areas of the 202 Mt Inferred Resource to the higher-confidence Indicated category ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/eclipse-metals-ltd-epmff-drilling-to-advance-greenland-208-mt-gronnedal-resource--6830e704-13da-40e2-918f-2c42569b0ef0#fact-resource-facts-0) Ivigtut-Gronnedal Project · rare\_earths Historical result Needs review: historical\_restatement #### Identity - Project: Ivigtut-Gronnedal Project - Commodity: rare\_earths - Region: south greenland - Reported Region: South Greenland - Ticker: EPM #### Resource scope - Estimate type: resource - Resource group id: resource:916e326849d959f07a67 #### Resource Data - Category: inferred - Tonnes: 208000000 - Grade: 0.72 - Grade Unit: % TREO - Contained Metal: 1505000 - Contained Unit: t treo #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-29T00:00:00.000Z #### Dates - Event date: 2026-09-20T00:00:00.000Z Reasoning: This is a restatement of a previously announced resource expansion. - Positive factor: Significant tonnage expansion Evidence · text > expansion of the Gronnedal Mineral Resource from 89 Mt to 208 Mt at 0.72% Total Rare Earth Oxides \(TREO\) \(Announced on 29 April 2026\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/eclipse-metals-ltd-epmff-drilling-to-advance-greenland-208-mt-gronnedal-resource--6830e704-13da-40e2-918f-2c42569b0ef0#fact-resource-facts-1) Ivigtut-Gronnedal Project · neodymium Historical result Needs review: historical\_restatement #### Identity - Project: Ivigtut-Gronnedal Project - Commodity: neodymium - Region: south greenland - Reported Region: South Greenland - Ticker: EPM #### Resource scope - Estimate type: resource - Resource group id: resource:916e326849d959f07a67 #### Resource Data - Category: inferred - Tonnes: 208000000 - Contained Metal: 456000 - Contained Unit: t #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-04-29T00:00:00.000Z #### Dates - Event date: 2026-09-20T00:00:00.000Z Reasoning: Restatement of contained metal components from the April 2026 announcement. - Positive factor: Significant contained magnet metals Evidence · text > Gronnedal Mineral Resource contains an estimated 1.505 Mt of TREO, including approximately 456,000 tonnes of contained Nd2O3 and Pr2O3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.