ECLIPSE METALS LIMITED. — Regulatory Filings 2016

Nov 15, 2016

ASX | EPM

DISCLAIMER

offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.

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

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.

ECLIPSE METALS URANIUM AND MANGANESE MINING OPPORTUNITIES.

DEMAND FOR

NUCLEAR POWER IS AN IMPORTANT PART OF THE SOLUTION.

NUCLEAR OPTIONS

Three years since the Fukushima disaster, atomic power has stagnated in countries where it has Several other nations, meanwhile, are investing heavily in new reactors as part of plans to significantly increase their use of nuclear energy.

COUNTRIES AROUND THE WORLD ARE MOVING TO NUCLEAR POWER.

THIS IS CREATING AN INCREASE IN DEMAND FOR URANIUM

NUCLEAR REACTORS "UNDER CONSTRUCTION"

(AS OF 1 JULY 2014)

COUNTRY	UNITS	MWE (NET)	CONSTRUCTION START	GRID CONNECTION
CHINA	28	27,756	2008-2013	2014-2018
RUSSIA	9	7,273	1983-2019	2014-2019
INDIA	6	3,907	2002-2011	2014-20116
SOUTH KOREA	5	6.320	2008-2013	2014-2018
USA.	5	5,633	1972-2013	2015-2019
BELARUS	$\overline{\mathbf{c}}$	2,218	2013-2014	2019-2020
PAKISTAN	$\overline{2}$	630	2011	2016-2017
SLOVAKIA	$\overline{2}$	880	1985	2014-2015
UAE	$\overline{2}$	2,690	2012-2013	2017-2018
UKRAINE	$\overline{2}$	1,900	1986-1987	2015-2016
ARGENTINA	ï	25	2014	2018
BRAZIL	1	1,245	2010	2016
FINLAND		1,600	2005	2016
FRANCE	1	1,600	2007	2016
TOTAL	67	63,677	1972-2014	2014-2020

SOURCES | 1AEA - PRIS, MSC, 2014

URANIUM DEMAND

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.

THERE IS AN ENERGY GAP IN WHAT IS SUPPLIED AND WHAT IS REQUIRED

ECLIPSE METALS URANIUM DEPOSITS

NORTHERN TERRITORY AUSTRALIA

ECLIPSE NT PROJECTS URANIUM PORTFOLIO

Eclipse Metals Ltd currently holds 11,580 km2 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-goldpalladium prospect (Part of the Liverpool Project) located within ELA27584, which yielded high grade surface uranium assays of 3.2% U3O8, 4.4% U3O8 and 5.8% U3O8, 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 1,239km2 of highly prospective Uranium Ground in Australia's Northern Territory near to Ranger, Naberlek and Jabiluka Uranium mines.

NEAR WORLD CLASS DEPOSITS

OVER 1,239 K M ² OF HIGHLY PROSPECTIVE URANIUM, GOLD, PLATINUM AND PALLADIUM GROUND LOCATED NEAR THE WORLD CLASS DEPOSITS OF RANGER, NABARLEK, AND JABILUKA URANIUM MINES

JABILUKA URANIUM DEPOSIT

RANGER URANIUM MINE JV: RIO & ERA

NABARLEK URANIUM

SURFACE DEPOSIT MINED JUNE - OCTOBER 1979 TOTAL PRODUCTION 546,437 T OF ORE @1.84%

ALLIGATOR RIVER GOOMADEER RIVER

LIVERPOOL URANIUM PROJECT IN ALLIGATOR RIVERS URANIUM FIELD

ECLIPSE METALS DEVILS ELBOW PROJECT

RIO TINTO'S FARM IN AND JV WITH ECLIPSE METALS

RIO TINTO STORY

BIG PLAYERS KNOW THE VALUE OF TAKING STRATEGIC STEPS AND MAKING INFORMED EARLY STAGE DECISIONS TO MAXIMISE THEIR PROFITS.

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.

Eclipse's Liverpool Uranium Project tenements, containing the Devil's Elbow prospect, is situated in the world class Alligator Rivers Uranium Field in the 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% U3O8 and 5.8% U3O8, 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 years to earn an initial 65% joint venture interest. Rio Tinto may then elect to earn a 75% joint venture interest by spending an additional \$2.0 million over a further 3 year period.

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 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.

ECLIPSE METALS MANGANESE DEPOSITS

• 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)

WHAT IS MANGANESE?

MANGANESE

MANGANESE AS A CRITICAL INGREDIENT FOR THE BATTERY BOOM

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.

CATHODE TYPE	CHEMISTRY	METALS NEEDED	EXAMPLE
NCA	LINICOAL02	80% NICKEL, 15% COBALT, 5% ALUMINUM	TESLA MOD
LCO	LICO02	100% COBALT	APPLE IPH
LMO	LIMN2O4	100% MANGANESE	NISSAN L
NMC	LINIMNCO02	NICKEL 33.3%, MANGANESE 33.3%, COBALT 33.3%	TESLA POWE

MANGANESE FUN FACT

MANGANESE WAS ADDED BY THE SAMURAI TO GIVE THEIR SWORDS THE ULTIMATE STRENGTH.

ECLIPSE MANGANESE DEPOSITS

HISTORICAL MANGANESE MINES

22 MINES/PROSPECTS YIELDING HIGH GRADE MANGANESE ORE FROM

SURFACE 42 % - 5 1 %

SURFACE 4 2 % - 5 1 %

HISTORICAL PRODUCTION IN EXCESS OF 32000T OF DIRECT SHIPPING MANGANESE ORE .

ECLIPSE MANGANESE DEPOSITS

ECLIPSE INVESTMENT OPPORTUNITY

An Australian publicly listed exploration and development company, Eclipse Metals Ltd has an impressive portfolio of strategic mineral prospects for uranium, manganese, gold and base metals.

With multiple projects at different stages of exploration targeting a range of minerals, Eclipse is well positioned to advance despite commodity price cycles.

Exploration of the Company tenements is the primary focus for our highly regarded technical team, and Eclipse is alert to opportunities to acquire additional prospective projects which complement existing assets.

Eclipse boasts a Board with experience, talent and integrity, whose interests are well-aligned with those of its shareholders. Individual Board members hold significant shareholdings in the Company they manage.

BRIGHT FUTURE

The Company's mission is to increase Shareholder wealth through capital growth and ultimately, dividends.

Eclipse plans to achieve this goal by exploring for and developing viable mineral deposits to generate mining or joint venture income.

OUR MISSION

THANK YOU