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Leading Edge Materials uncovers thickest interval of lithium to date at Bergby

In August this year, the company kicked off a second drill program to build on the “excellent” results from the first round ...
Leading Edge Materials uncovers thickest interval of lithium to date at Bergby
Lithium is an important component in the manufacture of electric cars

The Bergby project in Sweden keeps on delivering for Leading Edge Materials Corp (CVE:LEM) and has now thrown up the thickest interval of lithium mineralisation so far.

In August this year, the company kicked off a second drill program to build on the “excellent” results from the first round.

READ: THE BIG PIC - Sweden-focused Leading Edge Materials delivering in the high tech materials arena

Today' assays hail from the first five holes of that program.

A highlight was in hole BBY 17020, which hit 19.5metres at 1.12% lithium oxide.

Another hole hit 12.6 metres at 0.83% lithium oxide from 21.1 metres depth.

READ:  Leading Edge Materials' Swedish gov't research project will assess Woxna graphite

"Our exploration at Bergby has continued to deliver very promising results, and a high grade and thickness interval like 19.5m 1.12% Li2O at very shallow depth provides us with a lot of optimism," said Blair Way, the president and chief executive.

"While Bergby remains an early stage discovery, we are now preparing for metallurgical testwork to move the project to the next stage.

"We look forward to sharing the next round of drill results from this second phase program as they become available."

The holes were drilled in the southern area of the prospect to infill and test down dip from previous drilling.

Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

It lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Shares eased 3.33% to C$0.58.

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