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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 StockHawk1on Jan 11, 2023 6:32pm
86 Views
Post# 35217056

LBNK's progress on its 2 major projects

LBNK's progress on its 2 major projects

LithiumBank Resources (LBNK.v LBNKF) has made major progress with its 2 main lithium-brine projects.


LBNK conducted a hydrogeological study on its Kindersley Lithium-brine project which identified multiple zones of potential lithium brine production and showed that a formation on the project may be able to produce 1,600 m3 of Li brine per day


As for its flagship project, Boardwalk Lithium, LBNK recently filed a technical report which showed that the project has 393,000 tonnes of Indicated LCE at a grade of 71.6 mg/L and 5,808,000 tonnes of Inferred LCE @ 68.0 mg/L lithium.


So far the results have been very promising and IMO more developments on either of these projects could act as catalysts for LBNK.


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

 
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