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NEWS RELEASE September 7, 2026
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LEADING EDGE MATERIALS DRILLS NEAR-MINE TO TEST FOR A LARGER REGIONAL GRAPHITE SYSTEM AT WOXNA, SWEDEN
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- Drilling to test whether the Kringeltjärn, Råttjärnamyren and Svartboberget graphite occurrences at Woxna are part of one connected, regional graphite-bearing system.
- Historical drilling identified a thick graphite-bearing sequence at depth at Svartboberget, while historical data point to potential continuity toward Råttjärnamyren and Kringeltjärn.
- Positive results would provide strong justification for a larger follow-up drilling campaign and could add to the resource growth potential at Woxna, one of the few fully built and permitted natural flake graphite mines in Europe.
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Vancouver, September 7, 2026 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) is pleased to announce that it will commence a first-pass diamond drilling programme on September 8, 2026 at its 100%-owned Woxna Graphite Project in Sweden. The programme has been designed to test whether the Kringeltjärn, Råttjärnamyren and Svartboberget graphite occurrences represent parts of the same, larger regional graphite-bearing system.
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Woxna already hosts one of the few fully built and permitted natural flake graphite mines in Europe, centred on the Kringelgruvan open pit and processing plant. The new drilling programme, which consists of five holes, looks beyond the existing mine, testing the idea that three separate graphite occurrences in the wider Woxna area – Kringeltjärn’s eastern extension, Råttjärnamyren (to the north-west) and Svartboberget – are not isolated pockets of mineralisation, but different parts of the same, larger graphite-bearing system.
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The hypothesis is supported by two independent lines of historical evidence. First, an earlier drillhole at Svartboberget intersected a thick sequence of graphite-bearing rock at depth. Second, historical geophysical survey data, collected using the Slingram (induction coil) electromagnetic method in the 1980s and 1990s, together with reinterpreted airborne geophysical data highlight several conductive targets within the Svartboberget, Råttjärnamyren and Kringeltjärn areas.
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The geophysical data points to the continuation of a conductive trend from Råttjärnamyren towards Svartboberget. Slingram data also define conductive targets that may indicate shallow graphitic mineralization and potential bedrock exposure, between Svartboberget and the know mineralization at Kringeltjärn. Graphite is highly conductive, so these “conductive anomalies” are considered priority targets, as they may indicate the presence of graphite-bearing rock at shallower depth that have not yet been drill-tested.
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Why Graphite, and Why Woxna
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Structural drivers behind the graphite market remain strong. According to Benchmark Mineral Intelligence, global demand for natural flake graphite is forecast to rise from around 1.3 million tonnes in 2026 to approximately 2.7 million tonnes by 2036, more than doubling within a decade and outpacing demand growth for almost every other major battery raw material other than lithium. China continues to dominate the supply chain, accounting for roughly 70% of global natural graphite mine production, more than 80% of the world’s spherical graphite processing capacity, and over 90% of global anode manufacturing capacity.