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 > Boardwalk Update

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Post by SkywalkerofLuke on Oct 24, 2022 4:32pm

Boardwalk Update

LBNK LBNK.v up 3.1% today.

They had some encouraging recent news that the Boardwalk Lithium Brine Project is capable of long term, consistent high volume lithium brine production.

They confirm this after completing a hydrogeological study and well network design that will be used in the PEA considers a 20-year period of production and is capable of a daily production rate of 250,000 cubic meters of brine.

Compared to traditional hard rock and salar lithium mining projects, Boardwalk has a small footprint and an ESG friendly development which is key with Benchmark Minerals finding that the world will need more than 20x the amount of lithium than was mined last year to meet demand by 2050.

https://www.lithiumbank.ca/index.php/news/2022/oardwalkydrogeologyapableofongermonsistenti20221013050302

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