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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 Oct 12, 2022 5:51pm
100 Views
Post# 35020813

LBNK undervalued?

LBNK undervalued?

For everyone interested in the lithium sector, LithiumBank Resources Corp. (LBNK.V LBNKF) is a company with massive Canadian lithium resources that I think currently undervalued. 


LBNK's flagship project, Boardwalk Lithium, contains an estimated 1.122M tonnes of Elemental Lithium alone. 


In total the lithium jr controls 3.5M acres of mineral titles in Alberta and Saskatchewan


LBNK has engaged Matrix Solutions to conduct a hydrogeological study on the 326,459 acres of its Saskatchewan Brine Mineral Leases and we can expect study results in the coming months.


It also recently expanded its holdings In Alberta by 73,610 acres in the Peace Arch area.


Considering all this I think that LBNK is poised for big growth as its lithium exploration efforts progress and it continues to expand. 


Today LBNK closed stable at just $0.67, MC is $26.022M


https://financialpost.com/globe-newswire/lithiumbank-increases-lithium-brine-land-position-by-over-530000-acres-in-alberta-and-saskatchewan

 
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