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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 StockHawk1on Aug 25, 2022 6:24pm
113 Views
Post# 34921163

Boardwalk could produce for decades (article on LBNK)

Boardwalk could produce for decades (article on LBNK)
With a growing demand/push for decarbonization, lithium demand is set to skyrocket within the decade
 
LithiumBank (LBNK.v LBNKF) is potentially sitting on almost 6M tonnes of LCE at its Boardwalk project.  Due to the amount of lithium available in the brine, it is thought that Boardwalk's production will be able to continue for several decades
https://www.innovationnewsnetwork.com/boardwalk-lithium-brine-project-fuelling-future-clean-energy/24276/
 
An official PEA for the project is could be released as early as next month. If the PEA is as positive as it is expected to be I think that its release could be a big catalyst for the company. 
 
Currently, LBNK has a tight share structure of only 37.17M OS
 
Today LBNK closed in the green @ $0.93, MC is $34.572M
 
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