LithiumBank Resources Corp.
LBNK.V
Toronto Stock Exchange Ventures0.47
CAD
+0.00
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LithiumBank Resources Corp.
LBNK.V
(Toronto Stock Exchange Ventures)
Recent
price
0.47
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- LithiumBank Resources Corp LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) is a lithium exploration and development company focused on lithium-enriched brine projects in Western Canada. The company advances its flagship Boardwalk and Park Place lithium brine projects through resource delineation, direct lithium extraction (DLE) pilot testing, and preliminary economic assessments; it holds 1,240,140 acres of brownfield brine-hosted mineral licenses across Alberta and Saskatchewan, targeting modular DLE plants that leverage existing oil and gas infrastructure for low-capex production. LithiumBank Resources Corp. was founded in 2019 and maintains headquarters in Vancouver, Canada. The company's core offerings center on lithium brine resource development, including NI 43-101 compliant mineral resource estimates, hydrogeological modeling, bulk brine sampling, and DLE technologies that achieve up to 95% lithium recovery and over 99% impurity rejection; it has produced battery-grade lithium carbonate in pilot tests and targets commercial production via phased modular approaches. Operations span west-central Alberta for Boardwalk (159,979 hectares with measured, indicated, and inferred resources exceeding 5 million tonnes LCE) and Park Place (461,388 hectares), serving the electric vehicle battery supply chain with high-grade brines averaging 70-82 mg/L lithium. Recent developments include a July 2025 award of CAD $3.9 million in non-dilutive funding from Emissions Reduction Alberta to advance Boardwalk via well re-entries and DLE feasibility studies targeted for completion by end-2026; a May 2025 update to the Park Place NI 43-101 resource estimate; a February 2025 announcement of a 30% increase in Boardwalk resources to 5,195,000 tonnes LCE measured and indicated at 81.6 mg/L; April 2025 confirmation of high-recovery DLE results using SLB technology on both projects; and a March 2025 $5 million private placement. In November 2025, LithiumBank initiated acquisition of a second suspended production well at Boardwalk to unlock ERA funding milestones and support near-term brine productivity testing. The company continues de-risking through drilling, reservoir modeling, and partnerships such as with SLB for subsurface work and G2L Greenview for DLE IP licensing.