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LithiumBank Resources Corp V.LBNK

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

LithiumBank Resources Corp. is a Canada-based lithium company that is focused on developing and de-risking the portfolio of lithium brine assets in North America. The Company owns 100% of the 2,130,470 acres of brown-field brine hosted mineral licenses within Alberta and Saskatchewan. It is focused on developing its two projects, Boardwalk and Park Place, in Western Canada. The Boardwalk Property is in west-central Alberta, Canada, directly south and west of the town of Valleyview, approximately 85 km east of the city of Grande Prairie. The Property consists of 159,979 ha of 26 contiguous Brine Hosted Mineral Licenses (BHML) acquired directly through the Alberta government. The Park Place project is comprised of 565,851 ha contiguous of BHML acquired directly through the Alberta government. The Project is situated between Edson, Fox Creek, and Hinton, approximately 180 km west of Edmonton, and is approximately 50 km to the south of the Company’s Boardwalk lithium brine project.


TSXV:LBNK - Post by User

LithiumBank Resources Corp
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Post by Stockydocon Apr 13, 2022 2:46pm
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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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