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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  V.LBNK.WT | 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 StockHawk1on Aug 08, 2022 6:56pm
80 Views
Post# 34880204

LBNK closes up again

LBNK closes up again

Great to see LithiumBank (LBNK.V LBNKF) close up almost 8% today on the TSXV.


Its Boardwalk Lithium Project has the potential to become the single largest contiguous source of direct brine elemental lithium in tonnage. 


So far it has a total inferred mineral resource of almost 6M tonnes of LCE at an average grade of 67.1 mg/L. However, the company should be releasing a PEA soon which could give an even more accurate estimate of the project's resources. 


LBNK recently hired Hatch to do DLE mineral processing test work on Boardwalk which will inform this PEA. 


https://financialpost.com/globe-newswire/lithiumbank-engages-hatch-to-test-boardwalk-lithium-brine-with-2-direct-lithium-extraction-technologies-companies


LBNK @ $0.96

MC $35.688M

 
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