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Leading Edge Materials Announces Exploration License Application in Romania
Leading Edge Materials Announces Exploration License Application in Romania Canada...
About this update from Leading Edge Materials Corp.
[{"type":"text","content":"\n\n\n\nLeading Edge Materials Announces Exploration License Application in Romania\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 4, 2019\n\n\n\nVANCOUVER, Oct. 4, 2019 /CNW/ - Leading Edge Materials Corp. (\"Leading Edge Materials\" or the \"Company\") (TSXV: LEM) (OTCQB: LEMIF) (Nasdaq First North: LEMSE) is pleased to advise of the submission of the Company's first Exploration License application to the Agenţia Natională pentru Resurse Minerale (\"NAMR\"). \nThe application covers the same area as the Bihor Sud Prospecting Permit (see Press Release dated 6th November 2018) in western Romania (Figure 1), and was applied for by LEM Resources SRL (\"LEM Resources\").  LEM Resources is a Joint Venture company where Leading Edge Materials has the right to earn 90% ownership by achieving various project milestones.  \nThe Bihor Sud Exploration License application is for a 5-year license covering 25 square kilometers in the Northern Apuseni Mountains of Transylvania.  Bihor Sud lies within the Western Tethyan Metallogenic Belt, a well-mineralized district that includes the Timok copper-gold project along with the Skouries, Chelopech, Bor and Majdanpek deposits.  The Northern Apuseni Mountains are famous for high grade skarn and carbonate replacement mineralization with historic production of Cu, Mo, Ag, Au, Zn, U and Pb associated with Tethyan Arc intrusions.  The area under application includes a substantial former mine that was closed in 1998.      \nMr. Mark Saxon, Interim CEO stated, \"Leading Edge Materials have been active in Romania for a number of years, and through our work have put ourselves in the strongest possible position to be granted the Exploration License within the coming weeks.  We look forward to sharing details of the application process and timelines over coming weeks.\"\nApplication for an Exploration License in Romania is via a competitive tender, following on from public adver...