Diversified explorer Eclipse Metals has exercised its confidence in its Liverpool uranium project in the Northern Territory by extending its tenement coverage in the area ahead of a pending exploration drive. The new licence application for 228 square kilometres has been accepted by the NT Department of Mines, completing a contiguous block of exploration tenure for Eclipse and bringing the company Liverpool holdings to 1,467 square kilometres.
The expansion area, known as Devil Elbow Central, is immediately east of Eclipse highly prospective Devil Elbow uranium-gold-palladium prospect, which has produced rock chips grading up to 7,620 ppm uranium and radioactive volcanic boulder samples reading values as high as 3,3000 ppm uranium. Previous shallow trenching at Devil Elbow has yielded high-grade uranium assays including 3.2% U3O8, 3.7% U3O8, 4.40% U3O8 and 5.8% U3O8 as well as 38.1 g/t gold and 28.02 g/t palladium.
This site is only 41 kilometres from the worked-out Nabarlek uranium mine which produced 12,000 tonnes of uranium oxide from 568,402 tonnes of ore with a grade of 1.95% U3O8. Eclipse has delineated two structural targets which could hold structurally controlled uranium mineralization including the Hogs Back and Ranger fault zones with 11.2 kilometres of untested strike.
In the southern portion of the tenement, there are strong untested radiometric anomalies with an area of 5 kilometres by 2 kilometres. Expansion of Liverpool follows quickly on a move by Eclipse earlier this month to raise nearly A$1 million for exploration at the project as well as at the company Mary Valley manganese project in Queensland.
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