Leading Edge Materials Intersects Thickest Interval of Lithium Mineralization at Bergby, Sweden

VANCOUVER, Nov. 17, 2017 /CNW/ - Leading Edge Materials Corp. ("Leading Edge Materials") or (the "Company") (TSXV: LEM) (OTCQB: LEMIF) is pleased to announce results from the first five holes drilled as part of the second program of drilling completed at the Company's 100% owned Bergby lithium project in Sweden.  Results from infill and step out holes have included the thickest mineralized interval intersected to date of 19.5m @ 1.12% Li₂O (lithium oxide) in hole BBY17020.   

Key Results:

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)

• BBY17019 intersected 12.6m @ 0.83% Li₂O, from 21.1m depth
• BBY17020 intersected 19.5m @ 1.12% Li₂O, 184ppm Ta₂O₅ (tantalum oxide), from 13.6m depth
• BBY17021 intersected 1.0m @ 0.96% Li₂O, from 15.4m depth
• BBY17023 intersected 8.2m @ 0.14% Li₂O from 57.1m depth
• BBY17024 intersected 8.1m @ 0.23% Li₂O, from 56.1m depth

Holes were drilled in the southern area of the prospect to infill and test down dip from previous drilling.  Of particular note, hole BBY17020, the second most mineralized hole drilled at Bergby to date, was both thicker and higher grade than holes on adjacent 50m sections (which graded 6.40m @ 0.64% Li₂O and 16.35m @ 1.00% Li₂O).  Furthermore, lithium mineralization in hole BBY17021 was discovered in an intermediate volcanic unit, rather than the pegmatite which had been the subject of all previous exploration and assaying. 

The drill program is now complete, with 15 holes drilled for a total of 991.0m.  Bergby has now been tested by a total of 33 drill holes to a maximum depth of 131.1m over an approximate 1500m strike length.  Drill hole 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 "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.  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." 

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.

On behalf of the Board,

"Blair Way"
Blair Way, President & CEO

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.

About Leading Edge Materials:

Leading Edge Materials is a Canadian public company with principal assets in Scandinavia, a region well recognized for its promotion and investment in innovation.  LEM's flagship asset is the Woxna Graphite production facility located in central Sweden targeting the supply of specialty materials for lithium ion battery production. LEM's core investments are matched to high growth markets, linked to the global shift to low-carbon energy generation and energy storage. 

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 17^th November, 2017 at 0530 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 the lithium ion battery market; the successful completion of the drill program at Bergby; graphite production at Woxna, the Company's preliminary economic assessment on Woxna is no longer current or valid as a result of the filing of a new NI 43-101 Technical Report effective March 24, 2015, and the Company has no plans to complete a new preliminary economic assessment, a pre-feasibility or feasibility study on the project, as such there is an increased risk of technical and economic failure for the Woxna graphite project; unexpected geological conditions; exploration activities to advance other critical material projects of the Company 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	53.7	40.63m
	BBY17022	612581	6760387	35	115	50	131.10m
	BBY17023	612638	6760472	35	115	45	113.25m
	BBY17024	612769	6760665	35	115	46.5	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	61.2	41.45m
	BBY17031	612712	6760649	35	115	46.1	86.20m
	BBY17032	612712	6760649	35	115	82.5	80.62m
	BBY17033	612664	6760416	35	115	46.1	68.20m

	Hole_ID	Easting SWEREF	Northing SWEREF	Elevation RH2000	Azimuth	Dip	Length
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
	BBY17023	57.1	65.25	8.20	0.14	13
	BBY17024	56.10	64.16	8.06	0.27	88
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

SOURCE Leading Edge Materials

T [phone], leadingedgematerials.com

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