Eclipse Metals Ltd. announced it has been accepted into the European Raw Materials Alliance partner network. The partnership with the ERMA is a critical step for Eclipse to engage with and garner support from European stakeholders, in order to further develop the Ivigtût project. Formed in 2020, the ERMA aims to make Europe economically more resilient by diversifying its supply chains, creating jobs, attracting investments to the raw materials value chain, fostering innovation, training young talent, and contributing to the best enabling framework for raw materials and the Circular Economy worldwide.

ERMA provides support to other Greenland mining projects including Bluejay Mining's Dundas Ilmenite Project and Greenland Resources' Malmbjerg Molybdenum Project. Joining the ERMA is the latest step for Eclipse Metals as it strengthens its engagement with European stakeholders following recently commencing trading on the Frankfurt and Tradegate exchanges in Germany and its engagement of a European based investor relations and corporate advisor. Membership will allow Eclipse to participate in ERMA's development strategy for critical minerals and metals.

The Company's vision for its project in Southwest Greenland is to understand and harness the unique geology of the area and rejuvenate the historical mine site; targeting the project's polymetallic and REE mineralisation to supply industrial and critical minerals to global markets. Being part of the ERMA network will be beneficial throughout all stages of exploration and mining in the area. Eclipse Metals recently completed its maiden percussion drilling and trench sampling program at Ivigtût and the Grønnedal carbonatite complex, with laboratory results from this work expected during Second Quarter CY2023.

Work has commenced on Social and Environmental Impact Assessments for the project as part of an application for a mining licence. The initial phase of these assessments being, conducted by Eclipse and Danish consultancy COWI, is nearing completion for submission to the Greenlandic mining authority, MLSA.