LithiumBank Resources is pleased to announce the offering for aggregate gross proceeds of up to $5,000,000 from the sale of the following: a minimum of 5,714,285 units of the Company up to a maximum of 8,571,428 Units at a price of $0.35 per Unit for gross proceeds of up to $3,000,000 from the sale of Units; and up to 5,000,000 flow-through units that qualify as "flow-through shares" within the meaning of subsection 66 of [...]
LithiumBank Resources is pleased to announce an updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects lithium-brine mineral resource estimate of 1,671,000 tonnes of measured Lithium Carbonate Equivalent at a grade of 81.2 mg/L lithium and 3,524,000 tonnes of indicated LCE at a grade of 81.8 mg/L lithium within the Leduc Formation, and 1,128,000 tonnes of inferred LCE at 81.8 and 1,649,000 [...]
LithiumBank Resources is pleased to announce the results from the desorption component of the initial Direct Lithium Extraction pilot plant testing campaign at the Calgary facility. This follows the results announced from the adsorption stage of the pilot plant testing process that was previously announced Sept 11, 2024. The desorption campaign generated multiple lithium-rich liquors ranging from 2,600 mg/L lithium to [...]
LithiumBank Resources Corp. is pleased to announce lithium assay results from brine samples taken below the hydrocarbon zone during drilling at the Company's 100%-owned Boardwalk lithium Brine Project . Assays from the Company's licensed well, 100/10-06-069-21W5/00 ranged between 79.8 - 84.4 mg/L lithium, averaging 82 mg/L lithium over a 167m vertical interval in from the Leduc formation in a 48 hour constant rate flow [...]
LithiumBank Resources Corp. is pleased to announce it has successfully recovered greater than 98% of lithium from brine during initial pilot plant operations at the Company's 10,000 litres/day Direct Lithium Extraction facility in Calgary. The DLE pilot campaign processed over 40,000 litres of brine sourced from four wells located within the indicated resource area of the 100% owned Boardwalk Lithium Brine Project located [...]
LithiumBank Resources Corp. is pleased to announce the completion of an initial bulk brine sampling program at Park Place located in west-central Alberta, Canada. The bulk brine sampling program successfully collected 148 cubic meters of lithium-rich brine from an active gas producing well within the upper 72 m interval of the Leduc Formation from the vertical well 100/12-03-059-23W5/00 . Analysis of the brine samples [...]
LithiumBank Resources Corp. is pleased to announce the advancement of the reservoir characterization assessment of its Boardwalk project. The Company has further engaged global technology company SLB to provide detailed reservoir modelling that can be used to upgrade and update the current NI 43-101 Resource Estimate at the Boardwalk lithium brine project in west-central Alberta . Boardwalk is located approximately 50 [...]
LithiumBank Resources Corp. is pleased to announce the Company has completed drilling through the entire 232 metre thickness of the Leduc Formation at its 100%-owned Boardwalk Lithium Brine Project located in west-central Alberta, Canada. LithiumBank extended its 100%-owned well, 100/10-06-069-21W5/00 to a total depth of 2,869 metres in a sidetrack that starts at the Leduc top. The drilling increased the known thickness [...]
LithiumBank Resources Corp. is pleased to announce the filing of the National Instrument 43-101 Technical Report for the Park Place Lithium-Brine Project located in West- Central Alberta, Canada entitled "LithiumBank Resources Corp. Park Place NI 43-101 Technical Report" effectively dated June 24, 2024. The Park Place resource estimate highlights was originally announced by the Company on June 24, 2024. The Park Place [...]
LithiumBank Resources Corp. is pleased to announce 2024 development plans for its 100% owned Boardwalk and Park Place lithium brine projects, located in in west-central Alberta. Over the next 2 quarters, the Company intends to continue advancing, de-risking, and adding value to the Boardwalk and Park Place lithium brine projects. LithiumBank will focus on acquiring bulk brine samples from both project licences to assess [...]
LithiumBank Resources Corp. opens the doors of its Calgary pilot plant on schedule today, marking a milestone in the Company's effort to unlock Alberta's substantial lithium resources. The results of this pilot plant testing are anticipated to contribute to the feasibility phase of LithiumBank's development plans, as the Company advances toward commercial development. "Licensing of our pilot plant is a large step forward [...]
VANCOUVER, BC, June 24, 2024 /CNW/ - Trading resumes in: Company: LithiumBank Resources Corp. TSX-Venture Symbol: LBNK All Issues: Yes Resumption : 11:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers [...]
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