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Leading Edge Materials raises stake to 90% in Romanian JV, plans major underground exploration at Avram Iancu.

Company Fundamentals
27 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Leading Edge Materials has increased its ownership in the Romanian Bihor Sud Exploration joint venture to 90%, recognizing its eight years of investment. The company plans a comprehensive underground exploration program at the Avram Iancu site, targeting polymetallic and cobalt-nickel mineralization over a 2 km by 300 m area. The program, scheduled for June-July 2026, will involve systematic sampling and analysis to better define mineral resources. This move aims to unlock further value in the project with new investments being discussed to fund the exploration work.

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