LEMSE) (
OTCQB: LEMIF) is pleased to announce the results of a Preliminary Economic Assessment study ( PEA or the “Report”) for the development of its 100%-owned Norra Karr REE project located in Sweden (“Norra Karr” or the “Project”). The PEA was prepared by SRK (UK) Ltd. (“SRK”) and all figures in the PEA are US dollars unless otherwise specified.
As previously announced, the Company commissioned SRK to re-evaluate the Project at PEA level with the objective to improve resource utilization, project sustainability and substantially minimize environmental footprint of the Project compared to the design in the pre-feasibility study which was released in 2015
Leading Edge Materials Reports Quarterly Results to April 30, 2021
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Leading Edge Materials Corp : Leading Edge Materials Reports Quarterly Results to April 30, 2021
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LEMSE) (
OTCQB: LEMIF) announces that it has submitted its full appeal to the Government of Sweden (the “Government”) against the rejection of its mining lease application for the Norra Karr REE project (the “Project”).
th the Mining Inspectorate of Sweden ( Bergsstaten ) rejected the mining lease application Norra Karr K nr1 with the motivation that since the Company had not acquired a Natura 2000 permit for the Project, they were not able to rule on the mining lease application. Bergsstaten in its rejection further relied on the fact that the Government had ruled in a similar matter in December 2020 regarding Boliden’s mining lease application for its Laver project. However, in January 2021 Boliden appealed the Government’s decision to the Supreme Administrative Court of Sweden (the “SAC”) where the outcome is still pending.