Bullboard - Stock Discussion Forum LithiumBank Resources Corp LBNKF

Primary Symbol: V.LBNK Alternate Symbol(s): V.LBNK.WT

Metals & Mining Industrial Metals & Minerals

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... see more

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LithiumBank Resources Corp > LBNK update on 5.97M t LCE inferred resources

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Post by biggonads on May 31, 2022 1:09pm

LBNK update on 5.97M t LCE inferred resources

LithiumBank with a corporate update and NI 43-101 updating the inferred mineral resource at 5,973,000 tonnes LCE at an average grade of 67.1 mg/L Li. Important to note that inferred mineral resources are not immediately economically viable with no guarantees the mineral resource will be converted to reserve. However, LBNK has retained the services of Hatch Ltd. in selecting the right DLE technology - currently LBNK is consulting with three DLE providers in parallel with studies underway and a PEA expected to be completed by Mid-2022. https://investingnews.com/boardwalk-lithium-brine-project-update-on-5973000-tonnes-inferred-mineral-resource-estimate/