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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 SkywalkerofLukeon Oct 24, 2022 4:32pm
602 Views
Post# 35044871

Boardwalk Update

Boardwalk Update

LBNK LBNK.v up 3.1% today.


They had some encouraging recent news that the Boardwalk Lithium Brine Project is capable of long term, consistent high volume lithium brine production.


They confirm this after completing a hydrogeological study and well network design that will be used in the PEA considers a 20-year period of production and is capable of a daily production rate of 250,000 cubic meters of brine.


Compared to traditional hard rock and salar lithium mining projects, Boardwalk has a small footprint and an ESG friendly development which is key with Benchmark Minerals finding that the world will need more than 20x the amount of lithium than was mined last year to meet demand by 2050.


https://www.lithiumbank.ca/index.php/news/2022/oardwalkydrogeologyapableofongermonsistenti20221013050302

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