Leading Edge Materials completes near-mine drilling at Woxna graphite mine

Key Highlights

• Leading Edge Materials completed 469.3 metres of near-mine diamond drilling at its Woxna graphite mine in Sweden.
• The company reported graphite was observed in all five drill holes, based on visual field logging.
• Core samples have been sent for lab testing, with assay results expected in the coming weeks.

Leading Edge Materials Corp. (TSXV: LEM) completed a first-pass diamond drilling programme near its 100%-owned Woxna Graphite mine in Sweden, reporting graphite intersections outside the existing Kringelgruvan mine based on preliminary geological observations.

The company said the five-hole programme totalled 469.3 metres and ran from September 8, 2026 to November 3, 2026. It targeted areas at Rttje4rnamyren and the eastern extension of Kringeltje4rn to test whether graphite occurrences around Woxna could be part of a larger graphite-bearing system surrounding the current mine.

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What the drilling found so far

Leading Edge Materials reported that graphite was observed in all five holes, and that graphite-bearing intervals were intersected in four of the five holes. The observations are from field logging and are not estimates of graphite grade, the company noted.

At Kringeltje4rn East, hole 26DDKRI004 intersected two graphite-bearing intervals of 13.4 metres (26.20 639.6 m) and 11.73 metres (52.32 64.05 m) down-hole, with larger flakes observed in the lower interval. The company cautioned that because the hole was drilled at a low angle to the interpreted mineralised unit, true thicknesses are expected to be materially less than the down-hole lengths and cannot be calculated until the units dip is confirmed.

At Rttje4rnamyren, the company said hole 26DDKRI003 intersected several graphite-bearing intervals between 76.0 and 97.0 metres down-hole, plus a further 1.0-metre interval at 128.3 6129.3 metres. The hole had been designed to reach target horizons at 110 6130 metres, and the company said the shallower-than-anticipated mineralisation supports its interpretation of a shallow-dipping graphite-bearing unit that appears to extend toward Svartboberget.

Leading Edge Materials added that hole 26DDKRI005 included a shallow graphite-bearing interval near the top of the hole, but did not intersect the sequence seen in 26DDKRI004. The company said this could reflect faulting or a gap in the unit, and that the shallow interval will be assessed after assays are received.

In its release, the company said the results expand the known extent of graphite mineralisation at Woxna, while noting that the connection between the prospects and their relationship to the Kringelgruvan deposit has not yet been tested by drilling.

Sampling and next steps

Leading Edge Materials reported that 44 metres of core were sampled and that sampled core will be submitted to ALS Geochemistry in Pitee5 for total graphitic carbon and total sulphur analysis. Results are expected in the coming weeks, and the company said it plans to use the assays and logging to assess continuity, grade and flake-size distribution and to determine the scope of follow-up drilling, including drill-testing an interpreted extension toward Svartboberget and the continuation of the 26DDKRI004 sequence at Kringeltje4rn East.

The company said the technical information in the announcement was reviewed and verified by Henning Holmstrf6m, an independent Qualified Person as defined by National Instrument 43-101 6 Standards of Disclosure for Mineral Projects.

The original press release is available on stockhouse.com