$LBNK --> The advantages of Western Canadian Lithium Assets For Canadian Lithium Investors, LithiumBank ($LBNK.v) holds over 3.15M acres of potential Direct Lithium Extraction amenable assets in western Canada.
Western Canada has many potential advantages as a location for Lithium exploration and extraction:
- Provincial governments are pushing toward economic diversification
- It has a lot of repurposable Oil and Gas infrastructure
- It has an under-utilized workforce w/ expertise in extractive industries
- There is strong local social support for extractive industries
- & more
$LBNKS land holdings contain >500 oil wells that are available for sampling, and each well is tied to a central facility via underground pipelines.
As available infrastructure leads to more efficient development it is clear IMO that $LBNK lands have a head start compared to others that do not have this infrastructure.
The company's flagship project, Sturgeon Lake is thought to have the potential to become the single largest contiguous source of direct brine elemental lithium in tonnage with a total elemental Li resource of 1.12M tonnes.
https://www.lithiumbank.ca/the-alberta-lithium-advantage/
$LBNK @ $1.13
MC $41.993M