LithiumBank Resources Corp.

Symbol: TSXV: LBNK OTCQX: LBNKF
Market Cap: 29M
Purpose Raise Awareness, Open Market Buying

Sector: Resource
Summary:
  • In Q2/2021 Apex Geoscience produced a Ni 43-101 inferred resource for Sturgeon Lake
    • The report inferred a 5.97M tonne/LCE resource
    • Avg grade of 67.1mg/L
    • One of the largest known contiguous potentially carbon-neutral inferred lithium brine resources in North America.
  • Hatch engineering was contracted in H2/21 to produce a preliminary economic assessment (PEA) for Sturgeon Lake(now called the Board Walk Project) by mid-2022
  • LithiumBank holds 3.15 million acres of highly prospective Mineral titles in Alberta & Saskatchewan.
    • 2.82M acres in Alberta (flagship project:  Sturgeon Lake)
    • 0.33M acres in Saskatchewan.
    • Of note, their neighbour in Saskatchewan, Prairie Lithium, is marketing a $40M raise on a ~$100M pre-money valuation round.
    • LithiumBank expects to produce a Ni 43-101 inferred resource in Saskatchewan in Q4 2022.