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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 Aug 03, 2022 6:52pm
75 Views
Post# 34869764

Boardwalk info and recent developments (LBNK)

Boardwalk info and recent developments (LBNK)

LithiumBank Resources' ($LBNK.v $LBNKF) flagship project, Boardwalk Lithium (Alberta), has a total inferred mineral resource of almost 6M tonnes of LCE at an average grade of 67.1 mg/L.


With this, it has the potential to become the single largest contiguous source of direct brine elemental lithium in tonnage.


LBNK is committed to using Direct Lithium Extraction (DLE) methods on the project, which are much more environmentally friendly than traditional lithium extraction methods.


The company recently engaged a third party to start DLE mineral processing test work on Boardwalk 


This will also help prepare the company for an upcoming PEA for the project as well as the construction and design of a commercial facility to process the project's Li brine


Today, LBNK closed in the green @ $0.81

MC is $30.112M


https://www.globenewswire.com/news-release/2022/07/19/2481734/0/en/LithiumBank-Engages-Hatch-to-Test-Boardwalk-Lithium-Brine-With-2-Direct-Lithium-Extraction-Technologies-Companies.html

 
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