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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 biggonadson May 31, 2022 1:09pm
49 Views
Post# 34720496

LBNK update on 5.97M t LCE inferred resources

LBNK update on 5.97M t LCE inferred resourcesLithiumBank with a corporate update and NI 43-101 updating the inferred mineral resource at 5,973,000 tonnes LCE at an average grade of 67.1 mg/L Li. Important to note that inferred mineral resources are not immediately economically viable with no guarantees the mineral resource will be converted to reserve. However, LBNK has retained the services of Hatch Ltd. in selecting the right DLE technology - currently LBNK is consulting with three DLE providers in parallel with studies underway and a PEA expected to be completed by Mid-2022.  https://investingnews.com/boardwalk-lithium-brine-project-update-on-5973000-tonnes-inferred-mineral-resource-estimate/
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