Northwire Canada EditionTuesday, November 10, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Technical Study

Leading Edge files CPR for Bihor Sud project

By The Northwire Desk — AI Analysis Mar 18, 2026 · 11:45 LEM · 0.295 Leading Edge Materials Corp.
LEM · Price

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."
Read the original news release →

More from Leading Edge Materials Corp.

Oct 28, 2026 · 02:30

Leading Edge Materials begins the Norra Karr environmental impact assessment, a permitting step that extends the project timeline while maintaining current cash levels and avoiding dilution.

Production / Operations Oct 08, 2026 · 02:30

Leading Edge Materials signed a co-product MoU with Norra Kärn to reduce waste and expand margins.

M&A / Property Sep 18, 2026 · 14:30

Leading Edge Materials secures CAD$4.3M to fund the Norra Kærr pre-feasibility study.

Earnings Sep 08, 2026 · 02:30

Leading Edge Materials extends its private placement closing to late September while initiating a new drill program at the Woxna project.

Drill Results Aug 19, 2026 · 02:30

Leading Edge Materials closes routine financing while liquidity crunch and going concern issues persist.

Financings Jul 27, 2026 · 02:30

Leading Edge Materials’ Swedish heavy rare earth lease aligns with government strategy but requires a capital raise to address ongoing cash burn.

Production / Operations