Leading Edge Stakes the Bergby Lithium Project in Sweden

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/19/16 — Leading Edge Materials Corp. (TSXV:LEM) (OTCQB:LEMIF) is pleased to announce the discovery of the Company’s first lithium project, Bergby, located in in central Sweden, 25km north of the town of Gavle.
Mapping and sampling of the Bergby claim has located a large number of angular pegmatitic and aplitic lithium-mineralized boulders within an area of 650 metres by 250 metres. Lithium is hosted within the minerals spodumene and petalite. Analytical results for the first 27 boulder samples have been received, and average 0.85% Li2O (lithium oxide) and range from 0.08% Li2O to 2.3% Li2O. The boulders are anomalous in other elements which characterize lithium-cesium-tantalum (LCT) pegmatites that are regularly associated with lithium deposits.
Blair Way, President and CEO, stated “We have been actively searching for lithium projects for some time, and are very pleased to have discovered a prospect with the potential of Bergby very close to our Woxna graphite mine. This project sits well within our strategy of acquiring low holding cost assets while we advance our graphite business model to supply the lithium Ion battery market. The lithium grades of the boulders and the scale of the project areas discovered to date demonstrate the prospectivity of the project. We look forward to following up with ground geophysics and geochemical sampling, with the aim to diamond drill test Bergby this winter.”
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