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Leading Edge Materials Provides Update on Norra Kärr Rare Earth Element Project, Sweden
Leading Edge Materials Provides Update on Norra Kärr Rare Earth Element Project, Swed...
About this update from Leading Edge Materials Corp.
[{"type":"text","content":"\n\n\n\nLeading Edge Materials Provides Update on Norra Kärr Rare Earth Element Project, Sweden\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\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 5, 2019\n\n\n\nVANCOUVER, June 5, 2019 /CNW/ - Leading Edge Materials Corp. (\"Leading Edge Materials\" or the \"Company\") (TSXV: LEM) (OTCQB: LEMIF) (Nasdaq First North: LEMSE) is pleased to provide an update with regard to the Norra Kärr rare earth element (\"REE\") deposit in Sweden following recent increases in REE prices and heightened media and investor interest in the future of secure REE supply.  At present, a majority of REE production and processing occurs in China, with no primary production occurring within Europe.  \n\n \n \n\n \nNorra Kärr is highly significant in Europe, and can deliver a secure long term source of heavy rare earth elements (\"HREE\"), zirconium, hafnium and niobium to European renewable energy and electric vehicle industries.  \nThe Norra Kärr REE deposit is 100% owned by the Company on a granted Exploration License, and was discovered by Leading Edge Materials (then Tasman Metals Ltd) in 2009.  Following an extensive drilling campaign that intersected thick and consistent mineralized rock, the project progressed quickly through metallurgical testing, resource calculations, Preliminary Economic Assessment (\"PEA\"), environmental and social studies, and Mining Lease application, culminating in a Pre-Feasibility Study (\"PFS\") completed in 2015.  Relevant supporting documentation can be found on the Company's website.\nNorra Kärr is a peralkaline nepheline syenite intrusion which covers 450m x 1,500m in area.  The deepest extents of the REE mineralized intrusion have not been delineated, but exceed 350m.  Mineralogical studies show nearly all REE in the deposit is found within the mineral eudialyte, which is enriched in heavy REEs, in particular dysprosium. \nDue to the unique status of Norra Kärr, being one of only two NI43-101 REE resources on mainland Europe, the project was identified as p...