Leading Edge files CPR for Bihor Sud project

Executive Summary

• Leading Edge Materials Corp. filed a Competent Person’s Report (CPR) for its Bihor Sud polymetallic exploration project in Romania, prepared by Addison Mining Services Ltd.
• The filing coincides with a detailed update on the 2025 exploration campaign, highlighting extensive mineralization including uranium oxide, polymetallic sulphides, and crystalline carbonate hosting disseminated sulphides.
• Historical rock chip data indicates anomalous grades up to 28% Ni, >6% Co, and up to 17.75 ppm Au, with massive sulphide mineralization identified at Valea Leucii, Dibarz, and Avram Iancu prospects.

Key Details

• CPR Filing: The report was prepared in accordance with NI 43-101 and CIM Definition Standards, covering data review, target definition rationale, and validity for copper, lead, nickel, cobalt, zinc, and uranium potential.
• Technical Basis: The CPR is based on a desktop study and a Qualified Person’s (QP) site visit conducted in September 2025.
• Mineralization Types:
  • Uranium oxide associated with jasperoid silicification.
  • Polymetallic (Cu, Co, Ni, Pb, Zn) sulphides hosted in silica-carbonate rocks.
  • Crystalline carbonate (limestone) with disseminated and stockwork-style sulphide mineralization.
  • Supergene enrichment phases including erythrite and annabergite.
• Key Prospects: Massive sulphide mineralization is present at Valea Leucii, Dibarz, and Avram Iancu, with potential interconnection forming a broader mineral system.
• Historical Grade Data:
  • Up to 28% Nickel (Ni).
  • Greater than 6% Cobalt (Co).
  • Greater than 3 ppm Gold (Au).
  • Highest recorded gold sample: 17.75 ppm Au.
• Strategic Context: The company has confirmed safe access to underground galleries and is finalizing a targeted exploration work plan to identify thicker, continuous mineralized lodes and feeder structures.
• Project Portfolio: Leading Edge Materials holds a 51% interest in the Bihor Sud nickel cobalt exploration alliance, alongside the 100%-owned Woxna graphite mine (Sweden) and Norra Karr heavy rare-earth elements project (Sweden).

Notable Quotes

• Kurt Budge, CEO: "Filing the CPR for Bihor Sud marks a meaningful milestone -- one that quantifies the progress we've made and sharpens our focus on unlocking the potential we believe exists in the Avram Iancu former mining area."
• Kurt Budge, CEO: "The CPR completion is designed to serve a clear purpose: providing the credible foundation needed to attract new investment directly into the project."