LithiumBank Resources Corp. is pleased to announce it has engaged Matrix Solutions Inc. to complete a lithium brine resource and reservoir assessment of the Duperow Formation underlying the Company's 100% owned South and Estevan projects in its Saskatchewan district. The work is expected to lay the framework for NI 43-101 resource estimates at both properties and guide future exploration work. Matrix began compiling data [...]
LithiumBank Resources Corp. is pleased to announce the completion of the hydrogeological study at its 100% owned Park Place Lithium Brine Project located 180 km west of Edmonton, Alberta, and 50 km south of the Company's other flagship brine project in the Boardwalk district. The hydrogeological study was completed by Matrix Solutions Inc. and is expected to be incorporated into an upcoming NI 43-101 Resource Estimate [...]
LithiumBank Resources Corp. is pleased to provide a project update and detail the current development strategy for LithiumBank's Kindersley Lithium Project located near Kindersley, Saskatchewan, Canada that makes up part of its Saskatchewan district portfolio of 100% Crown land. The Company's initial focus for LKLP was to target areas within the Duperow Formation reservoir that had the following characteristics: Lithium [...]
LithiumBank Resources Corp. is pleased to provide a corporate update and outline key milestones for 2023. In 2022, LithiumBank successfully completed its 3-year acquisition and exploration campaign that was focused on: Reservoirs that contain commercially viable lithium brine concentrations in Alberta & Saskatchewan; Geological formations that can support large scale brine extraction and subsequent reinjection [...]
LithiumBank Resources Corp. is pleased to announce the appointment of Mr. Paul Matysek as the Company's Executive Chairman. Mr. Matysek's unique qualifications, experience and unprecedented string of successful transactions in the mining sector will create value for the Company as it now transitions from an exploration to development company of district scale direct brine lithium projects in North America. LithiumBank [...]
LithiumBank Resources Corp. is pleased to announce assay results from samples taken at the Company's 100% owned Park Place Lithium Brine Project located 180 km west of Edmonton, Alberta. Three brine samples were collected from a 72-meter-thick interval at the top of the Leduc Formation in well 100/12-03-059-23W5/00 and returned grades ranging between 71.2 - 82.0 mg/L lithium with an overall average of 77.2 mg/L lithium [...]
LithiumBank Resources Corp. announces the filing of the Boardwalk Lithium Brine Project Technical report entitled "Updated Indicated and Inferred Resource Estimates for LithiumBank Resources Corp.'s Boardwalk Lithium-Brine Project in West- Central Alberta, Canada" effectively dated December 20, 2022, originally announced November 7, 2022. The Technical Report includes NI 43-101 Mineral Resource Estimates of 393,000 tonnes [...]
LithiumBank Resources Corp. is pleased to announce the completion of the hydrogeological study from its 100% owned Kindersley Lithium-brine project located in southwest Saskatchewan, 160 km west of Saskatoon. The hydrogeological study was carried out by Matrix Solutions Inc. . Encouraged by two anomalous lithium brine samples collected from the Duperow Formation in 2017 by the Saskatchewan Geological Survey, LithiumBank [...]
LithiumBank Resources Corp. is pleased to announce updated NI 43-101 Mineral Resource Estimates of 393,000 tonnes of Indicated Lithium Carbonate Equivalent at a grade of 71.6 mg/L and 5,808,000 tonnes of Inferred LCE at 68.0 mg/L lithium, from the Company's 100% owned 'Boardwalk' Lithium Brine Project, located in west-central Alberta . LithiumBank CEO, Rob Shewchuk commented, "This Mineral Resource Estimate update [...]
LithiumBank Resources Corp. is pleased to announce results from the Direct Lithium Extraction test work on brine from the 100% owned Boardwalk Lithium Brine Project in Alberta. Test work results indicate the selected DLE technology to be a highly effective and scalable method of extracting lithium chloride from the Boardwalk brine. Highlights 93% Lithium Chloride recovery achieved in under 60 minutes of extraction [...]
LithiumBank Resources Corp. is pleased to announce that the hydrogeological study and well network design at the 100% owned Boardwalk Lithium Brine Project, located in west-central Alberta, has been completed. "The exceptional flow rates at Boardwalk as determined from this study are one of the most critical factors that contribute to the economics of the NI 43-101 Preliminary Economic Assessment that is nearing [...]
LithiumBank Resources Corp. is pleased to announce the commencement of a hydrogeological study at the Park Place Lithium Brine Project, formally known as Fox Creek, located in west-central Alberta, approximately 180 km east of Edmonton along the Trans-Canada Highway. LithiumBank has engaged Matrix Solutions Inc. to conduct a hydrogeological study of LithiumBank's Park Place mineral permit area . Geologically, the area is [...]