Eclipse Metals Ltd. ( (AU:EPM) ) has issued an update.
Boss Energy Limited, a company involved in uranium exploration, has entered into an Option and Earn-in Agreement with Eclipse Metals Ltd for the Liverpool Uranium Project in the Alligator Rivers Uranium Field, Northern Territory. This agreement allows Boss Energy to potentially acquire up to 90% interest in the project by investing in exploration over a seven-year period. The project is considered highly prospective for uranium mineralization, and Boss Energy aims to leverage its technical expertise to unlock the exploration potential of the site, which could significantly enhance its position in the uranium industry.
More about Eclipse Metals Ltd.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.29M
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