LithiumBank Resources Corp LBNKF

Recent News

[SkywalkerofLuke]

Benchmark Minerals recently found that the world will need more than 20x the amount of lithium that was mined last year to meet demand by 2050. One of the companies I’m following is LBNK LBNK.v who’s green today and up 16% over the past month.

They most recently announced the completion of the hydrogeological study from the Kindersley Lithium-brine project, some highlights . . . 

- Identified multiple zones of potential lithium brine production within the Duperow Formation (is an unconfined aquifer that measures up to 300m and hosts a brine volume of 3.89 km3)

- Expected brine production from the Duperow Formation is up to 1,600 m3 per day

- Two brine samples returned 78 mg/L and 70 mg/L lithium

LBNK is now preparing a NI 43-101 compliant technical report.

https://www.lithiumbank.ca/index.php/news/2022/ithiumankompletesydrogeologicaltudyandommencesr20221109020301

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Also following LBNK closely & was great to see them close in the green again today Check out this infographic from Benchmark Minerals on the North American battery metal supply as the percent of domestic demand as it provides a good idea the market oppotunity that LBNK is situated in: https://twitter.com/hilldanr/status/1595032503664144384?s=20&t=mKZ0eujkKIzUDUWpuIAcpw