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LithiumBank Resources Corp V.LBNK

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

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 May 16, 2022 4:12pm
70 Views
Post# 34687317

Investing News on Li in Saskatchewan and $LBNK

Investing News on Li in Saskatchewan and $LBNK

As explained by this Investing News article, when it comes to Lithium, Saskatchewan is a globally recognized, low-risk jurisdiction that has extensive pre-existing infrastructure and a surplus of skilled labour. 


More than that, the province has a government that is highly supportive of the industry. 

Some lithium deposits in Saskatchewan are shallower than comparable reserves in Alberta, making the region well-suited for direct lithium extraction.


Considering this Saskatchewan could soon play a significant role in Canada's growing lithium supply chain. One company that has assets in Saskatchewan that I think is undervalued is LithiumBank Resources ($LBNK.v $LBNKF).


A major player in Western Canada's lithium sector, $LBNK holds 326,000 acres of mineral titles in Saskatchewan. 


$LBNK focus on low-impact, lithium-enriched brine projects that leverage DLE. Plus there are >500 wells on the company's land claims.


Full article here: https://investingnews.com/lithium-mining-in-saskatchewan/


$LBNK @ $1.00

MC @ $37.162M

 

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