LithiumBank Resources Corp V.LBNK

Alternate Symbol(s): LBNKF | V.LBNK.WT

LithiumBank Resources Corp. is a Canada-based lithium company that is focused on developing and de-risking the portfolio of lithium brine assets in North America. The Company owns 100% of the 2,130,470 acres of brown-field brine hosted mineral licenses within Alberta and Saskatchewan. It is focused on developing its two projects, Boardwalk and Park Place, in Western Canada. The Boardwalk Property is in west-central Alberta, Canada, directly south and west of the town of Valleyview, approximately 85 km east of the city of Grande Prairie. The Property consists of 159,979 ha of 26 contiguous Brine Hosted Mineral Licenses (BHML) acquired directly through the Alberta government. The Park Place project is comprised of 565,851 ha contiguous of BHML acquired directly through the Alberta government. The Project is situated between Edson, Fox Creek, and Hinton, approximately 180 km west of Edmonton, and is approximately 50 km to the south of the Company’s Boardwalk lithium brine project.

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LithiumBank Resources Corp

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Post by StockDoctor101on Nov 29, 2022 12:42pm

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Post# 35137058

LBNK - a company to watch

LBNK's plans for 2023 along with soaring lithium demand are just a couple reasons to keep an eye on this company. DLE Testwork + Resource Estimates are expected at both the Park Place and Kindersley Projects in early 2023 followed by PEAs.

At Boardwalk, LBNK reported historical results finding 393,000 tonnes of indicated lithium carbonate equivalent at 71.6 mg/l and 5,808,000 tonnes of inferred LCE at 68 mg/l. A PEA is expected soon which could give LBNK.v some more momentum going into 2023.

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