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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 waves1on Mar 14, 2023 5:04pm
116 Views
Post# 35338401

LBNK w/ multiple PEAS on multiple district scale projects

LBNK w/ multiple PEAS on multiple district scale projects

Must read interview with LBNK's CEO Rob Shewchuk: https://www.lithiumbank.ca/images/news/2023/inn13_LITHIUM3_28341_pro_V2.pdf

Shewchuk covers the upcoming catalysts within the next 12 months including moving the Boardwalk project from "inferred to measured and indicated resource then to proven and probable reserve to make it significantly more attractive to major investors" which is expected to usher in a major re-rating opportunity once the PEA is released.

Plus, LBNK has an NI 43-101 Inferred Resource and PEA expected from the Park Place Project within the first half of 2023.

Notably, this means that "By the end of the year, [LBNK] expect to be the only lithium development company with multiple PEAs on multiple district-scale projects."

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