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    lithium investing

    Leading Edge Materials Intersects High Tantalum and Lithium Grades at Bergby, Sweden

    Pia Rivera
    Jan. 10, 2018 06:24AM PST
    Battery Metals
    Lithium Investing

    Leading Edge Materials Corp. (TSXV:LEM,OTCQB: LEMIF) is pleased to report the final set of results from the second program of drilling completed at the Company’s 100% owned Bergby lithium project in Sweden.

    Leading Edge Materials Corp. (TSXV:LEM,OTCQB: LEMIF) is pleased to report the final set of results from the second program of drilling completed at the Company’s 100% owned Bergby lithium project in Sweden.  Drilling intersected regular high lithium grades, and was notable for significantly increased tantalum grades in comparison to prior drill holes.

    Figure 1: Location of Drilling and Interpreted Trend of Lithium-Bearing Pegmatite, Bergby Project. Grid presented in SWEREF coordinate system (CNW Group/Leading Edge Materials)

    Key Results:
    • BBY17025 intersected 5.1m @ 361ppm Ta2O5 (tantalum oxide) from 25.1m depth
    • BBY17026 intersected 2.8m @ 297ppm Ta2O5 from 49.2m depth
    • BBY17030 intersected 5.4m @ 1.60% Li2O, 155ppm Ta2O5 from 25.0m depth
    • BBY17031 intersected 4.5m @ 1.31% Li2O, 164ppm Ta2O5 from 71.5m depth
    • BBY17033 intersected 3.0m @ 1.33% Li2O, from 52.8m depth

    Holes BBY17025 to BBY17029 were drilled along the strike of the pegmatite to the north of previous drilling, up to 800mfrom the discovery zone (hole BBY17029). Where pegmatite was intersected in this northern area, it was notable for a lower lithium grade and a significant increase in the tantalum grade, suggesting a different style of LCT pegmatite (lithium-cesium-tantalum) was intersected.  Pegmatite was not intersected in holes BBY17027 to BBY17029, which may indicate a steeper dip than anticipated from nearby lithium mineralized outcrop.
    Holes BBY1030 to BBY17033 tested down dip from prior drilling, and all except for BBY17032 intersected high grades of lithium mineralization consistent with previous intersections.  Mineralization remains open in a down dip direction over at least 600m of strike.
    Bergby has now been tested by a total of 1525m of drilling in 33 drillholes to a maximum depth of 131.1m over an approximate 1500m strike length. Drillhole locations and results are provided in Tables 1 and 2 and presented as Figure 1. The true thickness of mineralized intervals is interpreted to be approximately 90% of the sampled thickness.
    Blair Way, President and CEO, stated, “These final results from the second program of drilling at Bergby have again delivered the strong encouragement of high lithium and tantalum grades over more than 1km of strike.  The grade variation is typical of LCT pegmatite fields, and has highlighted that there may be much more to find under the thin glacial soil cover.  Bergby remains a new lithium discovery at a very shallow depth, and we are now preparing a sample for metallurgical testwork to further advance the project.” 
    Bergby lies in central Sweden, 25km north of the town of Gävle, secured by three exploration licenses that cover a total of 1,903 Ha. The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.  The potential for low cost and rapid development is significantly enhanced by the presence of a deep-water port only 5km from the site.
    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.
    On behalf of the Board,
    “Blair Way”
    Blair Way, President & CEO
    About Leading Edge Materials
    Leading Edge Materials was formed with our sights firmly focused on the material demands of a once-in-a-generation revolution, as the world shifts to the efficient production, storage and preservation of low carbon energy. From the lithium batteries in our electric vehicles to our ability to generate energy from the sun, wind and waves LEM is focused on the green energy markets. With a focus on Europe and assets in innovation-rich Scandinavia, Leading Edge Materials is ideally placed to play a pivotal role in the sustainable supply of critical technology materials.
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accept responsibility for the adequacy or accuracy of this news release.
    This is information that Leading Edge Materials Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on January 10, 2018, at 5:25 am Vancouver time.
    Forward-Looking Information. This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such statements include but are not limited to, the Company’s expectations regarding metallurgical testing at Bergby; unexpected geological conditions; the Company’s expectations regarding exploration activities to advance critical material projects for energy storage markets, delays in obtaining or failure to obtain necessary permits and approvals from government authorities.  Although such statements are based on management’s reasonable assumptions, there are risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
    Table 1: Drill collars locations and orientations, Bergby Project. 

    Hole_ID

    Easting SWEREF

    Northing SWEREF

    Elevation RH2000

    Azimuth

    Dip

    Length

    PHASE 2 –
    CORE
    DIAMETER
    56 mm

    BBY17019

    612770

    6760466

    35

    115

    60

    44.55m

    BBY17020

    612729

    6760375

    35

    115

    61

    47.20m

    BBY17021

    612668

    6760292

    35

    115

    54

    40.63m

    BBY17022

    612581

    6760387

    35

    115

    50

    131.10m

    BBY17023

    612638

    6760472

    35

    115

    45

    113.25m

    BBY17024

    612769

    6760665

    35

    115

    46

    77.30m

    BBY17025

    612951

    6760884

    35

    115

    52

    37.30m

    BBY17026

    613014

    6761014

    35

    115

    52

    62.52m

    BBY17027

    613074

    6761154

    35

    115

    50

    60.00m

    BBY17028

    613136

    6761290

    35

    115

    50

    50.35m

    BBY17029

    613210

    6761443

    35

    115

    50

    50.35m

    BBY17030

    612845

    6760650

    35

    115

    61

    41.45m

    BBY17031

    612712

    6760649

    35

    115

    46

    86.20m

    BBY17032

    612712

    6760649

    35

    115

    82

    80.62m

    BBY17033

    612664

    6760416

    35

    115

    46

    68.20m

    PHASE 1 –
    CORE
    DIAMETER
    39 mm

    BBY17001

    612902

    6760564

    35

    295

    45

    54.80m

    BBY17002

    612881

    6760582

    35

    0

    90

    14.80m

    BBY17003

    612872

    6760590

    35

    0

    90

    16.45m

    BBY17004

    612864

    6760597

    35

    0

    90

    17.90m

    BBY17005

    612877

    6760609

    35

    0

    90

    17.95m

    BBY17006

    612866

    6760613

    35

    0

    90

    27.00m

    BBY17007

    612886

    6760604

    35

    0

    90

    12.00m

    BBY17008

    612886

    6760627

    35

    0

    90

    14.75m

    BBY17009

    612874

    6760697

    37

    115

    60

    50.20m

    BBY17010

    612818

    6760609

    35

    115

    60

    50.30m

    BBY17011

    612864

    6760563

    35

    0

    90

    14.40m

    BBY17012

    612875

    6760555

    35

    0

    90

    11.35m

    BBY17013

    612877

    6760518

    35

    255

    75

    17.40m

    BBY17014

    612787

    6760513

    35

    115

    45

    40.80m

    BBY17015

    612756

    6760417

    35

    115

    50

    50.00m

    BBY17016

    612700

    6760333

    35

    115

    60

    44.30m

    BBY17017

    612679

    6760219

    35

    115

    70

    29.30m

    BBY17018

    612604

    6760114

    35

    115

    50

    50.20m

    Table 2: Mineralized intervals from Bergby Project

    Hole Number

    FROM (m)

    TO (m)

    WIDTH (m)

    Li2O%

    Ta2O5 ppm

    PHASE 2

    BBY17019

    21.05

    33.66

    12.61

    0.83

    47

    BBY17020

    13.55

    33.00

    19.45

    1.12

    184

    BBY17021

    15.38

    16.38

    1.00

    0.96

    1

    BBY17022

    No significant mineralization

    BBY17023

    57.1

    65.25

    8.20

    0.14

    13

    BBY17024

    56.10

    64.16

    8.06

    0.27

    88

    BBY17025

    20.00

    25.07

    5.07

    0.00

    362

    BBY17026

    49.20

    52.00

    2.80

    0.02

    297

    BBY17027

    No significant mineralization

    BBY17028

    No significant mineralization

    BBY17029

    No significant mineralization

    BBY17030

    25.00

    30.43

    5.43

    1.60

    155

    BBY17031

    71.50

    76.00

    4.50

    1.31

    165

    BBY17032

    68.00

    71.34

    3.34

    0.09

    267

    BBY17033

    52.80

    55.80

    3.00

    1.33

    68

    PHASE 1

    BBY17001

    4.85

    6.30

    1.45

    0.77

    31

    BBY17002

    0.00

    3.95

    3.95

    1.83

    163

    BBY17003

    2.85

    11.05

    8.20

    2.06

    118

    BBY17004

    10.20

    12.10

    1.90

    2.26

    74

    BBY17005

    2.20

    12.65

    10.45

    1.58

    107

    BBY17006

    11.55

    16.00

    4.45

    1.44

    50

    BBY17007

    1.40

    6.05

    4.65

    2.71

    315

    BBY17008

    1.10

    9.85

    8.75

    2.63

    186

    BBY17009

    14.80

    16.00

    1.20

    2.68

    12

    BBY17009

    24.55

    25.65

    1.10

    2.44

    49

    BBY17010

    27.55

    36.35

    8.80

    1.11

    98

    BBY17011

    0.70

    7.50

    6.8

    1.87

    191

    BBY17012

    2.25

    3.90

    1.65

    1.14

    25

    BBY17013

    8.00

    9.05

    1.05

    0.68

    8

    BBY17014

    18.80

    25.25

    6.45

    0.63

    48

    BBY17015

    15.75

    32.10

    16.35

    1.00

    129

    BBY17016

    17.90

    36.75

    18.80

    1.14

    101

    BBY17017

    12.25

    13.50

    1.25

    0.59

    2

    BBY17018

    No significant mineralization

    Click here to connect with Leading Edge Materials Corp. (TSXV:LEM,OTCQB: LEMIF) for an Investor Presentation

    Source: www.newswire.ca

    leading edge materials corpeuropeleading edge materialselectric vehicleslithium investingpegmatite lithium
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