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Leading Edge Materials Corp.
Summary
| Project: | Bergby | |
|---|---|---|
| Deposit: | Bergby | |
| Location: | Sweden | |
| Commodities: | Lithium | |
| Date: | 4/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-4-2017: Leading Edge Materials Corp. announces an Exploration/Drilling Update report for its Bergby deposit at the Bergby project. Drilling results incl. 10.45m @ 1.62% Li2O from 2.2m. Leading Edge Materials Corp. (“Leading Edge Materials”) or (“the Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Saxon (Internal) | |
| ABSTRACT: | Leading Edge Materials Corp. (“Leading Edge Materials”) or (“the Company”) (TSXV:LEM) (OTCQB: LEMIF) is pleased to announce high grade lithium results from the first five diamond drill holes at the Company’s 100% owned Bergby lithium project in Sweden. Bergby was a new discovery by Leading Edge Materials in 2016, and this is the first drilling program completed at the property. Blair Way, President and CEO, stated “This first program of drilling at Bergby has intersected high lithium grades at a very shallow depth, and places Bergby as a leading lithium project in the Nordic region. Bergby was discovered by the Leading Edge Materials team early in 2016, and to have achieved both high grades and a high hit rate of potentially mineralized pegmatite under thin glacial soil cover is a credit to their work. We look forward to sharing the additional drill results and the plans for follow up of this exciting prospect.” This first Bergby drilling program is now complete, with 18 short holes for a total of 533m drilled across a 650m long trend (see Table 1 and Figure 1 for drill collars locations and orientations). The pegmatite with potential for lithium mineralization was intersected in 17 of the 18 holes drilled and is now known to have a strike length of at least 500m. Holes reported within this release lie within a 50m x 50m area near an area of lithium mineralized pegmatite in outcrop, with mineralization drilled to date lying very close to surface. Intersections included elevated levels of tantalum. | |
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