LBNK.v reports updates on Boardwalk Project. LithiumBank’s (TSXV: LBNK) latest update on the Boardwalk Lithium Project was highly optimistic.
A hydrogeological study and well network design conducted at the project has been completed. The exceptional flow rates observed at the project have had a very positive impact on the economics of the company’s PEA that is nearing completion, according to Rob Shewchuck, CEO.
LBNK.v is seeing a strong day on the charts, currently up 13%, marking a 17% rebound from recent lows. The company is presently valued at $27.88 million.
https://ceo.ca/@GlobeNewswire/boardwalk-hydrogeology-capable-of-long-term-consistent