Leading Edge Materials Corp. says it is staking a new lithium project in Sweden.

The Rotmyran project lies 20 kilometers north of Bergby, where the company in April announced the discovery of high grade lithium mineralization in drilling.

Rotmyran was selected as a high-priority target based on the geological similarity to Bergby plus presence of a strong tin (Sn) - lithium (Li) till anomaly in Swedish Geological Survey data.

Rotmyran was held by the Swedish government mining company LKAB during the 1980's when pegmatite outcrops and boulders bearing the lithium mineral petalite, the tin mineral cassiterite, and anomalous tantalum (Ta) was discovered. The company says that such features support the presence of highly prospective LCT (lithium-cesium-tantalum) pegmatites, similar to those found at Bergby.

In April, the Vancouver, B.C., company announced high-grade lithium results from the first five diamond drill holes at the company’s Bergby project, which was discovered in 2016.

Results include:

• BBY17005 intersected 10.45m @ 1.62% Li₂O (lithium oxide) from 2.2m depth
• BBY17004 intersected 1.90m @ 2.35% Li₂O from 10.2m depth
• BBY17003 intersected 8.20m @ 1.54% Li₂O from 2.85m depth
• BBY17002 intersected 3.95m @ 1.48% Li₂O from 0.00m depth
• BBY17001 intersected 1.45m @ 0.61% Li₂O from 4.85m depth

Blair Way, president and CEO, says in a release, “This first program of drilling at Bergby has intersected high lithium grades at a very shallow depth, and places Bergby as a leading lithium project in the Nordic region.”