Near future could see turnaround for LBNK The near future is looking promising for LBNK with the Boardwalk PEA and both a hydrogeological study and exploration program to define the 43-101 resource at Park Place expected to occur before year-end.
I'm expecting LBNK's Boardwalk PEA to be the main point of inflection based on the significant potential of the project with an inferred resource totaling 5.97M tonnes of LCE and recent sampling showing 6.3km of average lithium grade above current grade estimates.
That being said, LBNK's Park Place Lithium Brine Project has the potential to host a world-class lithium brine deposit. Located 20km south of Boardwalk, Park Place captures the vast majority of the Leduc reef structure in the area. Plus, LBNK plans to advance the project to a PEA in Q2 of 2023.
Keeping a close eye here.
https://ca.finance.yahoo.com/news/lithiumbank-commences-hydrogeological-study-renames-120000519.html