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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  V.LBNK.W | LBNKF

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 Stockydocon Apr 13, 2022 2:46pm
115 Views
Post# 34601344

$LBNK has tons of potential

$LBNK has tons of potential Some details from $LBNK.v's investor presentation.

- Demand for minerals needed for batteries including lithium and cobalt, could increase by up to 500% by 2050.
- Uses next generation DLE Brine process as a source for lithium production. Benefits include increased speed to market, low capex and opex, and is environmentally friendly & potentially carbon neutral.
- $LBNK has an advantage in western Canada with available and repurposable O&G infrastructure, an under utilized work force with expertise in extractive industries, and a provincial government pushing for economic diversification.

Nice to see $LBNK.v up 5.88% so far today. Tons of potential here as lithium prices soar and demand continuing to grow.

https://www.lithiumbank.ca/_resources/presentations/LithiumBank220331.pdf
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