ECLIPSE METALS LIMITED. — Capital/Financing Update 2010

Jul 4, 2010

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ASX Release 5 July 2010

ASX:DUO

Eclipse Uranium Ltd Share Offer Extension to Closing Date

The Directors of Dourado Resources Ltd (ASX:DUO) advises that the Closing Date for the acceptance of applications for the capital raising (the “Offer”) under the prospectus lodged 3 May 2010 for Eclipse Uranium Ltd (“Eclipse”) has been further extended.

The Closing Date for the Offer is now 5:00pm WST 19 July 2010 .

Commitments to the Offer are in progress and moving towards the minimum subscription level of $5m as previously advised. This extension is provided to ensure sufficient time to allow all investors to present their applications and funds. Eclipse expects that its securities will be quoted on or around the 28 July 2010.

Eclipse has also advised the following;

• Since lodgement of the prospectus on the 3 May 2010 and further to ASX announcement by Dourado Resources on the 25[th] June 2010 Eclipse has received notice from Northern Territory’s Department of Resources advising that it intends to grant Exploration Licences in relation to tenement numbers 27851 and 27853 for a period of six years upon payment of the prescribed fees. These granted tenements will form part of the overall portfolio of uranium tenements which Eclipse will explore for uranium mineralisation.

• All other tenements referred to in the prospectus are progressing through the appropriate processes and authorities as outlined in the prospectus.

Peter Del Fante Managing Director

ABN: 84 131 090 847

Level 4 ph: +61 8 9221 0666

14-16 Victoria Avenue Perth WA 6000 fax: +61 8 9221 0555

PO Box 3069 Adelaide Terrace Perth WA 6832

DOURADO RESOURCES LIMITED

2 DOUR0C0R\ASX078

About Dourado Resources Limited

Dourado Resources Limited is an Australian company with a portfolio of quality gold, copper and uranium exploration assets.

As a gold explorer Dourado is focusing on a high quality package of tenements in the Mid West Region of Western Australia with initial efforts being directed at two particularly prospective areas at Mooloogool and Sabbath and Garden Gully 160km and 20km respectively north of Meekatharra.

Dourado also controls a highly prospective uranium project, comprising a substantial landholding in the Arunta Uranium Provence and located just north of the highly prospective Ngalia Basin Region. Ngalia currently hosts three significant, developing uranium deposits and a world class 18 million tonne Rare Earth (REO) mine.

Dourado projects are in reasonably close proximity to established infrastructure including railways, shipping ports, highways, power stations and populated areas. The Company’s objective is to provide rapid capital growth through mineral discoveries and development of economic deposits in Australia.

For more information please visit the website at: www.dourado.com.au

ABN: 84 131 090 847

Level 4 ph: +61 8 9221 0666

14-16 Victoria Avenue Perth WA 6000 fax: +61 8 9221 0555

PO Box 3069 Adelaide Terrace Perth WA 6832