Leading Edge Samples up to 4.56% Li2O at Bergby Lithium Project, Sweden

- November 4th, 2016

Leading Edge Materials Corp. (TSXV:LEM) has discovered additional lithium mineralized boulders at the company’s 100-per-cent-owned Bergby project, and the staking of additional permits over this prospective ground.

Leading Edge Materials Corp (C:LEM) Shares Issued 80,036,678Last Close 11/3/2016 $0.425 Friday November 4 2016 – News Release.
Leading Edge Materials Corp. (TSXV:LEM) has discovered additional lithium mineralized boulders at the company’s 100-per-cent-owned Bergby project, and the staking of additional permits over this prospective ground.
The Bergby project lies in central Sweden, 25km north of the town of Gavle, and with two additional exploration permits, the claim area now totals 1903 Ha. The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.
Further mapping and sampling at Bergby has located many new large angular lithium mineralized boulders of pegmatite and aplite. Analytical results for an additional 14 boulder samples have been received, where Li2O (lithium oxide) averaged 1.48% and ranged from 0.22 to 4.56%; and Ta2O5 (tantalum pentoxide) averaged 170 ppm and ranged from 1 ppm to 414 ppm.
A total of 41 boulders have now been sampled from the Bergby boulder field, with results provided in Table 1. The results to date are highly encouraging for a newly discovered prospect, with numerous high grade boulders located. A clear boulder field in excess of 600m long and up to 200m wide is now well defined. The boulders are anomalous in other elements which characterize lithium-cesium-tantalum (LCT) pegmatites that are regularly associated with economic hard rock lithium deposits.
Work is now underway to locate additional boulders or outcrop, and prepare for ground magnetic surveying to better define a bedrock drill target.
Blair Way, President and CEO, stated:
“The presence of so many lithium mineralized boulders, including some with very high grades, is an encouraging sign for the Bergby prospect. We will now move quickly to acquire additional data and define potential drill targets.”
Lithium has a strong and expanding market, due to the essential role it plays in lithium-based batteries for the automotive, consumer product and stationary electrify storage industries. The high electrochemical potential of lithium results in the high power to weight ratio that is essential for efficient mobile batteries. Europe is investing heavily in these emerging battery technologies, as part of the transition to a low-carbon economy.
The qualified person for the Company’s exploration projects, Mark Saxon, Director of Leading Edge Materials, a Fellow of the Australasian Institute of Mining and Metallurgy has reviewed and verified the contents of this release. Samples submitted by Leading Edge Materials Corp were prepared and analyzed by the ME-MS81 and Li-OG63 technique by ALS Ltd’s laboratories in either Pitea, Sweden, Loughrea, Ireland and/or Vancouver, Canada, where duplicates, repeats, blanks and known standards were inserted according to standard industry practice.
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