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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 May 19, 2022 1:35pm
91 Views
Post# 34695865

Canada needs to ramp up domestic lithium supply

Canada needs to ramp up domestic lithium supplyRecently read an interesting article and why Canada must ramp up domestic supply of lithium.

- Talks about how Saskatchewan has considerable potential for both investment and development
- Saskatchewan's lithium formations are typically closer to the surface, which make it ideal for DLE
- Highly supportive government and a surplus of skilled labour in SK. Should play a big role in Canada's growing lithium supply chain.

With $LBNK holding 326,000 acres of mineral titles in Saskatchewan, and 2.82M in Alberta, the company has potential to become a major player in Canada's lithium sector in Western Canada. I'm long on this stock.

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