A S X | E P M D I S C L A I M E R Statements contained in this - PowerPoint PPT Presentation

A S X | E P M

D I S C L A I M E R Statements contained in this material, particularly those regarding The information in this presentation is based on publicly available possible or assumed future performance, costs, dividends, information, internally developed data and other sources. production levels or rates, prices reserves or potential growth of No independent verification of those sources has been undertaken Eclipse Metals Limited, industry growth or other trend projections and where any opinion is expressed in this document it is based on are, or may be, forward looking statements. Such statements relate the assumptions and limitations mentioned herein and is an to future events and expectations and, as such, involve known and expression of present opinion only. No warranties or unknown risks and uncertainties. This communication includes representations can be made as to the origin, validity, accuracy, certain statements that may be deemed "forward looking completeness, currency, or reliability of the information. The statements" and information. Actual results and developments may Company disclaims and excludes all liability (to the extent permitted differ materially from those expressed or implied by these forward by law), for losses, claims, damages, costs and expenses of whatever looking statements depending on a variety of factors. nature arising in any way out of or in connection with the information, its accuracy, completeness or by reason of reliance by Nothing in this presentation should be construed as either an any person on any of it. offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction. The Company is at an early development and exploration stage and although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and/or that the opinions expressed are fair and reasonable, no reliance can be placed for any purpose whatsoever on the information contained in this document or on its completeness.

E C L I P S E M E T A L S U R A N I U M A N D M A N G A N E S E M I N I N G O P P O R T U N I T I E S .

D E M A N D F O R C L E A N E N E R G Y W O R L D W I D E .

N U C L E A R P O W E R I S A N I M P O R T A N T P A R T O F T H E S O L U T I O N .

Three years since the Fukushima disaster, atomic power has stagnated in countries where it has historically played a large role electricity generation. Several other nations, meanwhile, are investing heavily in new reactors as part of plans to significantly increase their use of nuclear energy. N U C L E A R will have to replace a third of its reactors in the next decade to maintain its heavy reliance of nuclear. O P T I O N S These countries do not currently utilise nuclear energy but intend to soon.

N U C L E A R R E A C T O R S “ U N D E R C O N S T R U C T I O N ” ( A S O F 1 J U L Y 2 0 1 4 ) C O U N T R I E S A R O U N D T H E W O R L D A R E M O V I N G T O N U C L E A R P O W E R . T H I S I S C R E A T I N G A N I N C R E A S E I N D E M A N D F O R U R A N I U M S O U R C E S | 1 A E A - P R I S , M S C , 2 0 1 4

U R A N I U M D E M A N D V S S U P P L Y

“ There simply isn't enough supply to meet demand. The world's reactors needed 65,000 tonnes of uranium in 2013; but the world's mines only produced around “ 58,000 tonnes.

T H E R E I S A N E N E R G Y G A P I N W H A T I S S U P P L I E D A N D W H A T I S R E Q U I R E D

E C L I P S E M E T A L S U R A N I U M D E P O S I T S

N O R T H E R N T E R R I T O R Y A U S T R A L I A

E C L I P S E N T P R O J E C T S U R A N I U M P O R T F O L I O Eclipse Metals Ltd currently holds 11,580 km 2 of highly prospective uranium ground in Northern Territory, covering areas within West Arnhem (Alligator Uranium Fields) and Ngalia Basin in Central Australia. Within the tenement package, prospects include the Devil's Elbow uranium-gold- palladium prospect (Part of the Liverpool Project) located within ELA27584, which yielded high grade surface uranium assays of 3.2% U 3 O 8 , 4.4% U 3 O 8 and 5.8% U 3 O 8 , with 38.1 g/t Au and 28g/t Pd related to fractures within altered amygdaloidal basalt of the Nungbalgarri Volcanics. The Eclipse Uranium Project areas surrounding Ngalia Basin are prospective for Unconformity. Uranium Style and Sandstone/Calcrete-Palaeo-channel Uranium Mineralisation. The Projects are in the early stages of exploration with strong potential for delineating uranium, gold, platinum, palladium and base metals mineralisation.

Over 1,239km 2 of highly prospective Uranium Ground in Australia’s Northern Territory near to Ranger, Naberlek and Jabiluka Uranium mines.

O V E R 1 , 2 3 9 K M 2 O F H I G H L Y P R O S P E C T I V E N E A R U R A N I U M , G O L D , P L A T I N U M W O R L D A N D P A L L A D I U M G R O U N D L O C A T E D N E A R T H E W O R L D C L A S S C L A S S D E P O S I T S O F R A N G E R , N A B A R L E K , A N D D E P O S I T S J A B I L U K A U R A N I U M M I N E S

N A B A R L E K U R A N I U M S U R F A C E D E P O S I T M I N E D J U N E - O C T O B E R 1 9 7 9 T O T A L P R O D U C T I O N 5 4 6 , 4 3 7 T O F O R E @ 1 . 8 4 % J A B I L U K A U R A N I U M D E P O S I T L I V E R P O O L U R A N I U M P R O J E C T I N A L L I G A T O R R I V E R S U R A N I U M F I E L D E C L I P S E M E T A L S D E V I L S E L B O W P R O J E C T A L L I G A T O R R I V E R G O O M A D E E R R I V E R R A N G E R U R A N I U M M I N E J V : R I O & E R A

R I O T I N T O ’ S F A R M I N A N D J V W I T H E C L I P S E M E T A L S

Eclipse Metals Ltd can expect to receive up to $5 million in exploration expenditure from Rio Tinto Exploration, in exchange for a 90% interest in one of Eclipse’s Northern Territory uranium projects. Rio Tinto Exploration Pty Ltd is a wholly owned subsidiary of Rio Tinto Ltd. R I O T I N T O Eclipse’s Liverpool Uranium Project tenements, containing the Devil’s Elbow prospect, is situated in the world class Alligator Rivers Uranium Field in the S T O R Y Northern Territory. The Devil’s Elbow Prospect is situated 24 kilometres from Cameco Australia’s Caramal Uranium Resource and 41 kilometres southeast of the former Nabarlek Uranium Mine. Samples from shallow trenching in 1987 and 1989 in the region yielded high grade uranium assays, including 4.4% U 3 O 8 and B I G P L A Y E R S K N O W T H E 5.8% U 3 O 8 , along with 38.1 g/t gold and 28g/t palladium. During stage 1, Rio Tinto can spend $1.5 million for sole-funded exploration within 3 V A L U E O F T A K I N G years to earn an initial 65% joint venture interest. Rio Tinto may then elect to S T R A T E G I C S T E P S A N D earn a 75% joint venture interest by spending an additional $2.0 million over a further 3 year period. M A K I N G I N F O R M E D E A R L Y S T A G E D E C I S I O N S T O In the event that Eclipse elects not to contribute to maintain a 25% joint venture interest, Rio Tinto can sole fund a further $1.5 million expenditure over 2 years M A X I M I S E T H E I R P R O F I T S . to earn a 90% joint venture interest.The agreement with Rio Tinto has opened the possibility for Eclipse’s exploration targets to get first-class technical assessment by one of the world’s largest mining and exploration companies. Rio Tinto will also have the right of first refusal over Eclipse’s other uranium tenements in the Northern Territory.

E C L I P S E M E T A L S M A N G A N E S E D E P O S I T S

W H A T I S M A N G A N E S E ? • Manganese - a silvery-gray metal - resembling iron. • Manganese is primarily used to improve steel quality, workability and other important pyrometallurgical properties. • Steel making accounts for between 80-90% of total manganese demand. • Manganese also finds uses in the manufacture of electrical components, fertilizers, animal food, batteries and non-ferrous alloys (particularly aluminium). • Widely used in several types of battery. • Steel containing 8% to 15% of manganese can have a high tensile strength of up to 863 Mpa (Mega Pascals)

Beside its use in the iron and steel industries and peripheral applications manganese has an important role in battery manufacture both in the conventional every-day domestic dry-cell batteries and in the emerging Electro-Voltaic market. M A N G A N E S E M A N G A N E S E A S A C R I T I C A L I N G R E D I E N T F O R T H E B A T T E R Y B O O M

M A N G A N E S E F U N F A C T M A N G A N E S E W A S A D D E D B Y T H E S A M U R A I T O G I V E T H E I R S W O R D S T H E U L T I M A T E S T R E N G T H .

E C L I P S E M A N G A N E S E D E P O S I T S

H I S T O R I C A L M A M A N G A N E S E M I M I N E S 2 2 M I N E S / P R O S P E C T S Y I E L D I N G H I G H G R A D E M A N G A N E S E O R E F R O M S U S U R F A C E 4 2 % - 5 1 5 1 %

S U S U R F A C E 4 2 4 2 % - 5 1 5 1 % H I S T O R I C A L P R O D U C T I O N I N E X C E S S O F 3 2 0 0 0 T O F D I R E C T S H I P P I N G M A N G A N E S E O R E .

E C L I P S E M A N G A N E S E D E P O S I T S

E C L I P S E I N V E S T M E N T O P P O R T U N I T Y