North Moline Project Annual technical report EL 25942

Abstract

Eclipse Metals Limited became owners and operators of the North Moline Project in November 2011, only 10 months from the present. Since the acquisition of the tenement, in mid-2012, a major managerial and staff change has taken place in the company. A follow up mapping and sampling field trip was planned in April 2012, but unfortunately due to weather condition on the ground the trip was cancelled. In June 2012, a major managerial and geological staff change took part in the company with a completely new team taking over key positions. The new team is keen to explore the North Moline project and has since taken office been involved in a thorough desktop geological analysis and re-assessment of all of EPM's tenements, including the North Moline Project. Due to time constrains, no follow field work was feasible on the ground by the new technical team of EPM. This time has been used to start an in-depth desktop analysis of EL 25942 and EL 25943 geology and associated data. Though still in progress, the analysis to date has already provided the new team with a strong base on which to build the new exploration program planned for the upcoming year.