Articles from LithiumBank Resources Corp.

CALGARY, Alberta, Nov. 09, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to provide a progress update on the commissioning of its continuous Direct Lithium Extraction (cDLETM) pilot plant licensed from G2L Greenview Resources Inc. (“G2L”). The exclusive licensing agreement with G2L, a 50/50 G2L Joint venture with Computational Geosciences Inc. (CGI), a subsidiary of the Robert Friedland-chaired Ivanhoe Electric Inc. (NYSE:IE) and Clean TeQ Water (ASX:CNQ), was announced September 11, 2023.

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CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank'' or the “Company”) is pleased to announce it has engaged SLB (NYSE: SLB) (formerly Schlumberger Limited) a global technology company, to provide detailed reservoir modelling for an upcoming resource estimation and preliminary economic assessment that the Company anticipates completing at the Park Place lithium brine project in west-central Alberta (Figure 1) (the "Park Place Project"). The Park Place Project is located approximately 50 kilometres south of the Company’s Boardwalk Project (for which a preliminary economic assessment was recently completed). Results of SLB’s modelling work are expected in 90 days.

CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to provide the following update regarding the proposed sale (the “Transaction”) of the Company’s three lithium brine projects, Estevan, Kindersley and South located in Saskatchewan, Canada to Pristine Lithium Corp. (“Pristine Lithium” or the “Buyer”).

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has entered into a definitive asset purchase agreement (the “Agreement”) with Pristine Lithium Corp. (“Pristine Lithium” or the “Buyer”) whereby the Company will sell to the Buyer (the “Transaction”) the Company’s three lithium brine projects, Estevan, Kindersley and South (the “Assets”) located in Saskatchewan, Canada.

CALGARY, Alberta, June 21, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the filing of the Boardwalk Lithium Brine Project Preliminary Economic Assessment (“PEA”) Technical report entitled “Preliminary Economic Assessment (PEA) for LithiumBank Resources Boardwalk Lithium-Brine Project in West- Central Alberta, Canada” effectively dated June 16, 2023, originally announced May 25th, 2023.

CALGARY, Alberta, May 25, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the highlights from the initial Preliminary Economic Assessment (“PEA”) for the Boardwalk lithium brine project located in west-central Alberta, Canada. The completed NI 43-101 PEA Technical Report will be filed on SEDAR within 45 days of this announcement.

VANCOUVER, British Columbia, May 01, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) a lithium development company focused on lithium-enriched brine projects in Western Canada, announces the voting results from its Annual and Special Meeting of Shareholders (the "Meeting"), held on April 27, 2023, including the appointment of Katya Zotova to the Board of Directors of the Company.

CALGARY, Alberta, April 13, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has signed a Memorandum of Understanding “(MoU”) with ZS2 Technologies Inc. (“ZS2”). The MoU will enable ZS2 to deploy their proprietary and patented CO2 Direct-Air-Capture (“DAC”) technology to capture carbon dioxide emissions from the Boardwalk and Park Place projects in central Alberta, Canada. ZS2 will also further process treated brine to collect magnesium (Mg) and calcium (Ca) for use in their proprietary magnesium cement products.

CALGARY, Alberta, April 05, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has signed a Memorandum of Understanding (“MOU”) with Invest Alberta to support the development of a commercial lithium production facility at the Company’s Boardwalk brine project (the “Boardwalk Project” or “Boardwalk”) located 85 kilometres east of Grand Prairie, Alberta. Under the agreement, Invest Alberta has agreed to support LithiumBank by promoting the project domestically and internationally, facilitating relationships with key stakeholders and senior government officials, and connecting the Company with post-secondary institutions to create a qualified talent pipeline. The agreement has the potential to create high paying employment opportunities in Alberta and to solidify the province’s position as a supporter of the clean energy sector. 

CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) a lithium development company focused on lithium-enriched brine projects in Western Canada, announces that effective April 1, 2023, it has engaged Brisco Capital Partners Corp. (“Brisco”) to provide marketing and investor relations services (the “Services”) to assist LithiumBank with expanding investor awareness of its business and actively communicating with the investment community.

CALGARY, Alberta, March 08, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has engaged Matrix Solutions Inc. (“Matrix”) 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 early this year and the final report is scheduled for delivery in the coming quarter.

CALGARY, Alberta, Feb. 27, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the completion of the hydrogeological study at its 100% owned Park Place Lithium Brine Project (“PPLP”) 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. (“Matrix”) and is expected to be incorporated into an upcoming NI 43-101 Resource Estimate.

CALGARY, Alberta, Feb. 14, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to provide a project update and detail the current development strategy for LithiumBank’s Kindersley Lithium Project (“LKLP”) 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:

CALGARY, Alberta, Feb. 02, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to provide a corporate update and outline key milestones for 2023.

CALGARY, Alberta, Jan. 30, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce the appointment of Mr. Paul Matysek as the Company's Executive Chairman. 

CALGARY, Alberta, Jan. 17, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) 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 (Table 1).

CALGARY, Alberta, Dec. 21, 2022 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) 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.

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (FSE: HT9) (“LithiumBank” or the “Company”) is pleased to announce the completion of the hydrogeological study from its 100% owned Kindersley Lithium-brine project (the “Kindersley Project”) located in southwest Saskatchewan, 160 km west of Saskatoon. The hydrogeological study was carried out by Matrix Solutions Inc. (“Matrix”).

CALGARY, Alberta, Nov. 07, 2022 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (FSE: HT9) (“LithiumBank” or the “Company”) is pleased to announce updated NI 43-101 Mineral Resource Estimates (“MREs”) of 393,000 tonnes of Indicated Lithium Carbonate Equivalent (LCE) 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 (formerly defined as ‘Sturgeon Lake’).

CALGARY, Alberta, Nov. 01, 2022 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (FSE: HT9) (“LithiumBank” or the “Company”) is pleased to announce results from the Direct Lithium Extraction (DLE) 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.

CALGARY, Alberta, Oct. 13, 2022 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) 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 completion” stated Rob Shewchuk, CEO.