Slide 1: Exploring high-value critical minerals in South Greenland
JULY 2025 For personal use only Exploring high-value critical minerals in South Greenland Investor Presentation (ASX:EPM) ASX Announcement 21 July 2025
Slide 2: Disclaimer
Disclaimer For personal use only Statements contained in this material, particularly those regarding possible or The Company is at an early development and exploration stage and although assumed future performance, costs, dividends, production levels or rates, price reasonable care has been taken to
Slide 3: Investment highlights
Investment highlights Greenland Critical Minerals & Rare Earth Elements (REE) For personal use only Exploring and developing world-class REE and critical mineral projects, backed by a 70-fold resource increase to 89Mt @ 6,363ppm TREO (567,600t), (2,000ppm cut-off) within just ~6% of the total REE ca
Slide 4: Corporate summary
Corporate summary Corporate Snapshot For personal use only • Greenland REE Project (Ivigtût Project EPM 100%): Eclipse Metals Ltd. is an ASX Code EPM Australian publicly dual-listed company (ASX:EPM) and (FSE:9EU), primarily focused FSE Code 9EU on unlocking the potential of REE mineralisation in So
Slide 5: Why Greenland matters
Why Greenland matters The race for REEs is intensifying For personal use only Greenland is emerging as a strategic frontier to supply US and EU amid growing global efforts to diversify and secure critical mineral supply chains. Greenland’s Strategic Rise Amid Global Shifts 1 2 4 3 4 5 6 Figure 1: Gr
Slide 6: Why Grønnedal & Ivigtût matter
Why Grønnedal & Ivigtût matter Premium mining conditions with key infrastructure on-site For personal use only Greenland’s rich mineral endowment and strategic Arctic location have attracted renewed international interest, including high-level attention from the United States, underscoring its growi
Slide 7: Our Greenland Project
Our Greenland Project Prospective for Critical Minerals including Ferrocarbonatite & Polymetallic REE For personal use only Grønnedal Ivigtût Ferrocarbonatite REE Polymetallic REE 7
Slide 8: Grønnedal Deposit - 89Mt MRE increase
Grønnedal Deposit - 89Mt MRE increase Eclipse has delivered a 70-fold increase at Grønnedal MRE is only 6% of Grønnedal’s carbonatite REE For personal use only Mineral Resource Estimate (MRE) • The inferred MRE represents just ~6% of the total REE carbonatite at Grønnedal • Significant upside potent
Slide 9: Grønnedal Deposit – exploration potential
Grønnedal Deposit – exploration potential For personal use only Significant exploration potential • The current MRE is supported by a combination of trench sampling and drilling data, including: • 6 historic diamond drill holes – SGS assays • 33 percussion holes – 2022 drilling program • Systematic
Slide 10: Grønnedal Ferrocarbonatite REE
Grønnedal Ferrocarbonatite REE Deep Roots, Untapped Riches – A Hidden Giants For personal use only •1.4 million m² of surface area mineralised in REEs within the Grønnedal Project’s carbonatites. •The main mineralised zone covers 3 km x 800 m, situated inside a broader 5 km x 2 km exploration corrid
Slide 11: Grønnedal Deposit – REE tonnage
Grønnedal Deposit – REE tonnage Grønnedal’s great leap forward For personal use only Strategic metrics • This updated MRE redefines the scale and value proposition of Ivigtût, while establishing Grønnedal as a globally significant REE deposit • Figure 7 presents a cross-section of the Grønnedal Reso
Slide 12: Grønnedal Deposit – strategically positioned
Grønnedal Deposit – strategically positioned Greenland is a stable, mining-friendly jurisdiction aligned with EU strategic priorities For personal use only Classification Inferred Total Tonnage 89,193,300 89,193,300 Grade Material Content Element (ppm) Tonnes TREO 6,363 567,569 LREO 5,941 529,889 HR
Slide 13: Grønnedal Deposit – strategically positioned
Grønnedal Deposit – strategically positioned Greenland is a stable, mining-friendly jurisdiction aligned with EU strategic priorities For personal use only Mineral Resource Estimate (MRE) • 89.2Mt @ 6,363 ppm TREO • 567,000 tonnes of contained TREO • Represents more than a 70x increase in Grønnedal'
Slide 14: Grønnedal Deposit – REE mineralisation
Grønnedal Deposit – REE mineralisation World-class REE potential For personal use only Grønnedal REE has extensive REE mineralisation REE mineralisation is widespread, deep-seated and open in all directions Trends associated with the distribution of the REE are complex, indicating enrichment at dept
Slide 15: Grønnedal Deposit – waking a sleeping giant
Grønnedal Deposit – waking a sleeping giant Grønnedal is emerging as a world-class carbonatite-hosted REE deposit For personal use only • Grønnedal compares favourably with world-class carbonatite-hosted REE deposits, such as Bayan Obo (China), Mountain Pass (USA), and Mount Weld (Australia). • What
Slide 16: Grønnedal Deposit – world-class REE mineralogy
Grønnedal Deposit – world-class REE mineralogy Strategically important and globally significant source of REE For personal use only High-value coarse-grained REE • Dominant presence of synchsite, bastanite and monazite – ideal for Nd-Pr permanent magnet feedstock. • Coarse-grained REE minerals with
Slide 17: Gronnedal Deposit – world-class REE mineralogy
Gronnedal Deposit – world-class REE mineralogy Dominant mineralogy is ideal for Nd-Pr permanent magnet feedstock For personal use only Figure X: Liberation (normalised mass %) of synchsite/bastanite, monazite, apatite and niobate 23 23 ASX Announcement: High-value, coarse-grained rare earths confirm
Slide 18: Eclipse Metals – poised for growth
Eclipse Metals – poised for growth Multiple strategic discussions are now underway For personal use only Strategic opportunities • Multiple strategic discussions in progress, driven by inbound interest from globally aligned institutional and government-affiliated entities. • Policy-led investment in
Slide 19: Ivigtût Mine – history
Ivigtût Mine – history Rich cryolite mining history For personal use only Near-term production potential • Historic Ivigtût cryolite mine • Produced 3.8 million tonnes of cryolite for use in aluminium production over 120 years – with mining ceasing in 1985 (Bondam, J, 1991) • Mineralised waste dumps
Slide 20: Ivigtût Mine – exploration
Ivigtût Mine – exploration Exploration Target backed by 19,000m of drilling – pending JORC MRE in Q3 2025 27 For personal use only Range Mineral Zone Domain Cut Off (%) Tonnage (t) Grade (%) Exploration Target - Lower Cryolite in Domain 1 0 870,300 16.0 Exploration Target - Upper Cryolite in Domain
Slide 21: Ivigtût Mine – high-grade quartz
Ivigtût Mine – high-grade quartz High-grade quartz mineralisation For personal use only • High-grade quartz and quartz sand are essential in producing photovoltaic (PV) products, in high-end electronics and semiconductors • End uses include silicon, quartz glass, optical fibre, solar cells and integ
Slide 22: Ivigtût Polymetallic REE Project
Ivigtût Polymetallic REE Project Access to key infrastructure For personal use only Near-term potential to process waste material and create concentrates i.e. silver, zinc, gallium, copper, lead, REE and gold Potential to be a significant and profitable mining operation for critical minerals Existin
Slide 23: Key milestones
Key milestones Ivigtût Ferrocarbonatite & Polymetallic REE Project For personal use only Q2 2025 Q3 2025 Q4 2025 Mineral Resource Estimate JORC MRE Results Drill Target Definition & Continued Analysis – (MRE) Expanded Exploration Expanded Historical Drillholes TIMA Mineralogical Studies Extrapolatio
Slide 24: What's next for the Ivigtût Project?
What’s next for the Ivigtût Project? Expected CY25 For personal use only Mission Statement To understand and harness the unique geology of the area and to rejuvenate the historical mine site, while targeting the Project’s polymetallic and REE mineralisation to supply critical minerals to global mark
Slide 25: Partnering with Greenland
Partnering with Greenland Committed to ESG principles For personal use only • Eclipse is partnering with local contractors across Greenland including: o Geologists o Drillers o Transport specialists • Eclipse is committed to preserving Ivigtût’s mining history and is working closely with the Sermers
Slide 26: REE's hi-tech applications
REE’s hi-tech applications For personal use only • REEs are a group of 17specialised elements with a broad range of hi-tech applications, including smartphones, wind turbines, MRIs, LEDs and EVs • Global demand for REEs is projected to increase by 5.5 times by 205044 • China supplies 100% of the EU’
Slide 27: Investment snapshot
Investment snapshot For personal use only World-class REE potential at our Greenlandic projects Strong partnerships with key stakeholders across including high-grade gallium at our Ivigtût Project fenceline communities Proximity to key infrastructure including port, roads, and a Strong exploration a
Slide 28: Our Australian projects
Our Australian projects Prospective for base metals, critical minerals & uranium For personal use only Mary Valley Manganese Project Rock Hill Copper Project Liverpool Uranium Project Ngalia Basin Uranium Project Queensland, Australia Northern Territory, Australia Arnhem Land, NT, Australia Northern
Slide 29: Eclipse Metals x Boss Energy Joint Venture (JV)
Our Australian projects Eclipse Metals x Boss Energy Joint Venture (JV) For personal use only On 4 March 2025, Eclipse Metals (Eclipse) signed a binding option and earn-in agreement with Boss Energy (Boss) to advance exploration at the Liverpool Uranium Project. Boss is committing $250,000 to ex
Slide 30: Thank you
For personal use only Thank you Eclipse Metals (ASX:EPM) Level 3, 140 St Georges Terrace, Perth WA 6000 Web:eclipsemetals.com.au info@eclipsemetals.com.au Phone: +61 8 9480 0420 Fax: +61 8 9321 03208 Carl Popal Executive Chairman Isaac Stewart Media & Investor Relations