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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 partystockeron Oct 25, 2022 5:05pm
108 Views
Post# 35048033

LBNK.v reports updates on Boardwalk Project.

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

 
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