Leading Edge Materials receives permit for follow up drill program at Bergby, Sweden
Wednesday, Jul 12, 2017
Leading Edge Materials Corp. ("Leading Edge Materials") or ("the Company") is pleased to announce the receipt of a new drilling permit for the Bergby lithium project in Sweden.  The new permit allows for up to 48 additional drill sites, and the Company is targeting third quarter of calendar 2017 for drilling operations to commence.

The first drill program at Bergby (see Leading Edge Materials press releases dated April 25, June 5 and June 19, 2017) produced positive results and a follow up program is warranted. Li2O (lithium oxide) mineralization in pegmatite was intersected in 17 of the 18 holes drilled during this first program, and included high lithium grades and mineralized intervals exceeding 16m thickness (see Tables 1 and 2 in June 19 release).  Encouragingly, lithium mineralized pegmatite was discovered at very shallow depths, extending from surface outcrop and dipping beneath thin glacial soil cover.

The proposed second phase drill program at Bergby will test along strike and down dip from previously drilled mineralization, as mineralization lies open in all directions.  Lithium mineralized outcrops and boulders are known from a strike length of more than 1.5km, significantly exceeding the 600m of strike that has been drill tested to date.  The lithium mineralized pegmatite dips at shallow depth, and multiple down dip holes are planned for each drill section.

A detailed program is now being prepared. A component of larger diameter drilling is planned to gain adequate sample for metallurgical testwork.  

Blair Way, President and CEO, stated "Following on from the excellent results we received in the first Bergby drill program, our Swedish team has moved quickly to ensure we can continue our exploration at a fast pace.  We now have a permit in place for an expanded drilling program that will test the along strike and down dip potential of the lithium mineralized pegmatite, both of which remain completely open."

Bergby lies in central Sweden, 25km north of the town of Gavle, 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.

Europe is playing a leading role in the transition to low-carbon energy generation from renewable sources, and the efficient storage of that energy.  Electric mobility (EV's, HEV, PHEV's) and stationary electricity storage are dependent on high purity graphite, lithium and cobalt, where Leading Edge Materials is an active European player.  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.

In corporate news, Leading Edge Materials advises of the resignation of Mr. Mikael Ranggard from the Board.  Mr. Ranggard has played a critical role in the development of Leading Edge Materials, and he is thanked for his contribution.  He shall continue to provide on-going consulting and advisory support to the Company.

For more information, please visit: http://www.leadingedgematerials.com/

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