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Leading Edge Materials Announces Positive Preliminary Economic Assessment Results for its Norra Karr REE Project With US$1,026m Pre-tax NPV(10%) And 30.8% Pre-tax IRR

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 ....

United Kingdom , British Columbia , City Of , Jonkopings Lan , Vastra Gotalands Lan , Minas Gerais , Norra Karr , Sweden General , Kingdom Of Sweden , Martin Pittuck Msc , Filip Kozlowski , Rob Bowell , Martin Pittuck , Geological Society Of London , Company Swedish , Supreme Administrative Court , Minchem Ltd , Geological Survey Of Sweden , European Union , Canadian National Instrument , Company Certified Adviser On Nasdaq First , Royal Society Of Chemistry , Asian Metal Ltd , European Commission , Institute Of Mining , Edge Materials Corp ,

Leading Edge Materials Announces Positive Preliminary

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 ....

United Kingdom , British Columbia , City Of , Jonkopings Lan , Vastra Gotalands Lan , Minas Gerais , Norra Karr , Sweden General , Kingdom Of Sweden , Martin Pittuck Msc , Filip Kozlowski , Rob Bowell , Martin Pittuck , Geological Society Of London , Company Swedish , United Kingdom Ltd , Supreme Administrative Court , Minchem Ltd , Geological Survey Of Sweden , European Union , Canadian National Instrument , Company Certified Adviser On Nasdaq First , Royal Society Of Chemistry , Asian Metal Ltd , European Commission , Institute Of Mining ,