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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 18, 2022 4:09pm
112 Views
Post# 34693540

Western Canada Lithium info and Saskatchewan Advantage

Western Canada Lithium info and Saskatchewan Advantage

For those interested in lithium exploration companies, LithiumBank Resources ($LBNK.v $LBNKF) is a company that I have been following for a while that has the potential to become a big player in North America Lithium IMO. 


The company has vast holdings in Western Canada including 326,000 acres of mineral titles in Saskatchewan which is a globally recognized, low-risk jurisdiction for Lithium operations. 


The province has lots of pre-existing infrastructure, a surplus of skilled labour and a government that is highly supportive of the industry. More than that the region is well-suited for direct lithium extraction as many lithium deposits in Saskatchewan are shallower than comparable reserves in Alberta


  https://investingnews.com/lithium-mining-in-saskatchewan/


Considering this Saskatchewan could soon play a significant role in Canada's growing lithium supply chain I don't think $LBNK.v and its holding there should be overlooked. 


$LBNK closed stable today at $0.99

MC is $36.791M

 
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