Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

LithiumBank Resources Corp LBNKF


Primary Symbol: V.LBNK Alternate Symbol(s):  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 Justdosomeddon Aug 02, 2022 4:07pm
68 Views
Post# 34866584

Continued Progress on the Boardwalk Project

Continued Progress on the Boardwalk Project
Lithium prices continue to rise and are continuing to show signs of further growth due to the rising demand outpacing supply. With companies continuing to develop new EVs and transforming their vehicle fleets to an electric-focused model, IMO future demand is still underestimated. And with the majority of lithium being shipped from Australia and South America, domestic lithium production holds far more potential for its use in battery production.
 
https://investingnews.com/amp/daniel-jimenez-room-lithium-prices-grow-2657762266
 
That's why I've been looking at $LBNK.V. They're a Canadian lithium company focused on bringing Direct Lithium Extraction (DLE) produced lithium to the battery market. Plus, due to DLE’s minimal environmental impact, the production method more closely aligns with ecological goals for consumers, companies, and governments. Now, why $LBNK.V?
 
- 3.2M in total land titles (760k at their flagship Boardwalk Project). And there's 5.97M tonnes of inferred lithium carbonate equivalent.
- A single well is expected to have production potential of over 1,100 m3/day, with the average lithium concentration being 67.1 mg/L (recent samples found average grades higher than the inferred estimate)
- Their position in Western Canada allows for better existing infrastructure access and a closer location to those who are demanding lithium.
 
$LBNK has also recently engaged with Hatch to complete a technological DLE assessment at the Boardwalk project. When completed, we should expect a PEA very soon. Overall, with only a 35M market cap and one of the highest inferred resource estimates on the market, there's significant room for growth as the company continues to move forward with their development.
<< Previous
Bullboard Posts
Next >>