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LithiumBank Resources Corp LBNKF


Primary Symbol: V.LBNK Alternate Symbol(s):  V.LBNK.WT

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of Edmonton. The Project consists of 30 Alberta Metallic and Industrial Mineral contiguous permits covering an area of 572,237 acres, within a LithiumBank total land package of approximately four million acres in west-central Alberta. Its Park Place is land consisting of 1,571,364 acres of mineral titles, 50 km south of Boardwalk. The Company holds Saskatchewan with 336,595 acres of mineral permits across three separate property areas.


TSXV:LBNK - Post by User

Post by StockHawk1on Aug 31, 2022 7:17pm
73 Views
Post# 34934045

Thoughts on LBNK and Lithium Sector

Thoughts on LBNK and Lithium Sector

With accelerating demand for electric vehicles, the lithium sector is expected to double by 2030

https://electrek.co/2022/08/11/soaring-ev-demand-pushes-lithium-market-double-2030/


One lithium company that I have been following for a while that I think could be undervalued is LithiumBank Resources Corp. (LBNK.V LBNKF)


Its flagship project, Boardwalk Lithium, is estimated to contain 6M tonnes of LCE.


An official PEA for the project is set to be released as early as next month and the company has already hired a 3rd party to conduct Direct Lithium Extraction technology test work on the project.  


More info here: https://ca.finance.yahoo.com/news/lithiumbank-engages-hatch-test-boardwalk-120000891.html


LBNK @ $0.88

MC $32.714M

 
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