Norra

Barsele Announces Plans for Resumption of Diamond Drilling Activities in 2023

Retrieved on: 
Wednesday, May 3, 2023
Agnico Eagle, AEM, Mineral, Norra, Orogenic gold deposit, Lithology, Element, Gold, Data analysis, Map, TSX, ICP-MS, Esther Barsel, NYSE, Structure, Mining, Diamond

Diamond drilling is budgeted for 3,000 metres (approximately 15 holes) and will test for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides.

Key Points: 
  • Diamond drilling is budgeted for 3,000 metres (approximately 15 holes) and will test for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides.
  • Additionally, drill testing for Volcanogenic Massive Sulphide mineralization will take place along the southeastward extension from the Norra VMS Deposit.
  • VANCOUVER, BC, May 3, 2023 /PRNewswire/ - Barsele Minerals Corp. (TSXV: BME) (the "Company" or "Barsele") is pleased to provide an update regarding ongoing exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the "Barsele Project").
  • One drill rig has been retained to carry out the 2023 diamond drilling campaign.

Leading Edge Materials CEO's Report fo the Shareholders

Retrieved on: 
Thursday, March 30, 2023
Exercise, Return, Graphite, REO, ZR, Optimism, European Parliament, European, Initial, Uranium, Western world, NK, Carbon, FRA, PB, Consultant, Water supply, Internal rate of return, Wind, Natura 2000, Forestry, PEA, NPV, Climate change, Gold, U, Nickel, Mining, Water, NS, Project, Dysprosium, Knowledge, License, Letter, Cobalt, NB, IRR, Terbium, Legislation, Renewable energy, Rare-earth element, Lithium, Uranium mining, G4, Norra

Stockholm, March 30, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) provides a letter from the Chief Executive Officer.

Key Points: 
  • Stockholm, March 30, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) provides a letter from the Chief Executive Officer.
  • Our vision, materials for change, is right in the middle of these societal challenges.
  • A change in the energy system towards renewables and energy storage, electrified mobility solutions and resilient and sustainable supply-chains will need new materials and new sources for those materials.
  • Graphite is a key material to enable the energy transition, where most lithium-ion battery chemistries use graphite for the anode.

Barsele 2022 Diamond Drilling campaign tests Regional Targets while Avan Expansion, hole AVA22004 yielded a best 1.0-metre intercept grading 10.10 g/t gold

Retrieved on: 
Monday, January 16, 2023
Diamond, News, SUN, BAS, NE, SW, SKI, Soil, TSX, Arsenic, RIS, NYSE, SE, Agnico Eagle Mines Limited, Tungsten, AVA, Anomaly, AEM, NOR, Esther Barsel, Printed circuit board, Road, Uranium, Norra, Risberget

At Avan, Expansion hole AVA22002 cut 8.0 metres grading 2.24 g/t gold, within 11.0 metres grading 1.78 g/t gold.

Key Points: 
  • At Avan, Expansion hole AVA22002 cut 8.0 metres grading 2.24 g/t gold, within 11.0 metres grading 1.78 g/t gold.
  • At Avan, Expansion hole AVA22004 yielded 1.0 metre grading 10.10 g/t gold, plus 1.0 metre grading 4.70 g/t gold, plus 1.0 metre grading 4.20 g/t gold.
  • Diamond drilling from June 3rd, through September 19th, within the 34,533-hectare property totaled 4,252 metres in 14 completed core holes.
  • Barsele's President, Gary Cope states; "This year's diamond drilling campaign has revealed a notable west-southwesterly opening of the Avan Zone, as it trends to the northwest.

Leading Edge Materials Reports Warrant Exercise and Provides Corporate Update

Retrieved on: 
Monday, January 9, 2023
Norra, Cobalt, News, Uranium, ZR, Project, Western world, PEA, NPV, License, NS, Water supply, Mining, Natura 2000, Internal rate of return, Romania, REO, Consultant, Forestry, G7, Dysprosium, European Parliament, FRA, Lead, European, Knowledge, Return, Maintenance, Carbon, NK, Water, U, G4, NB, Terbium, Nickel, Regulation and licensure in engineering, Interim, CAD, IRR, Gold, Exercise, Security (finance)

Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis.

Key Points: 
  • Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis.
  • There is strong support from the shareholder base and the Board is committed to avoid dilutive equity financings at these levels.
  • Leading Edge Materials is currently in the process of undertaking the Natura2000 environmental study for project which is expected to highlight the much-reduced environmental footprint of the project as defined in the PEA.
  • Based on this, the PEA reports a Post-tax Net Present Value (NPV) of $248m using an 8% discount rate and IRR of 37.4%.