# LithiumBank Advances Boardwalk Permitting Pathway as Environmental Field Surveys Begin Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece Original source: https://www.newsfilecorp.com/release/315138/LithiumBank-Advances-Boardwalk-Permitting-Pathway-as-Environmental-Field-Surveys-Begin Publisher: newsfile Original announcement: 2026-09-21T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: LithiumBank Resources Corp. - Ticker: LBNK - Exchange: Unavailable - Region: Alberta, Canada - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Permitting, Economic study - Extracted: 2026-09-21 12:33:47 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary LithiumBank has commenced environmental baseline field surveys to support its EPEA permitting application for the Boardwalk Lithium Brine Project in Alberta. The company reiterated its lithium resource estimates of 5.2 Mt M&I and 2.8 Mt Inferred LCE, noting a previous PEA NPV of US$3.7 billion. Reasoning: The company is making tangible progress on the regulatory pathway for the Boardwalk project through environmental baseline studies, while reiterating the scale of its lithium resource and the economic potential from a prior PEA. - Positive factor: Advancement of permitting pathway with environmental baseline studies - Positive factor: Large lithium brine resource confirmed - Positive factor: Strong NPV from previous PEA - Negative factor: Resource is not yet reserves Facts used in scoring: 6 ## Classification and evidence **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Mobilization of field teams for baseline studies supporting EPEA application Evidence · text > mobilized field teams to begin baseline environmental surveys. The program... form the evidentiary basis of the Environmental Protection and Enhancement Act \(EPEA\) application **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: Resource estimate is based on a NI 43-101 Technical Report Evidence · text > as set out in the technical report titled "LithiumBank Resources Corp. Boardwalk NI 43-101 Technical Report" **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Kevin Piepgrass, P. Geo, is named as the Qualified Person Evidence · text > reviewed and approved by Kevin Piepgrass, P. Geo, who is a Qualified Person \(QP\) **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Cut-off grade of 50 mg/L Li is explicitly stated in the resource table notes Evidence · text > The resource estimation was completed and reported using a cut-off of 50 mg/L Li. ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece#fact-resource-facts-0) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-02-20T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:3e7b17f3b9b81ad205a3 - Deposit or zone: Leduc \(oil saturated zone\) - Mining method: underground #### Resource Data - Category: measured - Tonnes: 91000 - Grade: 71.8 - Grade Unit: mg/L lithium - Contained Metal: 91000 - Contained Unit: tonnes lce - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Measured resource component of the Boardwalk project. Evidence · table > 71.8 Context: 91,000 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece#fact-resource-facts-1) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-02-20T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:b7ad6b19fdc67acc3175 - Deposit or zone: Leduc \(water saturated zone\) - Mining method: underground #### Resource Data - Category: measured - Tonnes: 1580000 - Grade: 81.8 - Grade Unit: mg/L lithium - Contained Metal: 1580000 - Contained Unit: tonnes lce - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Measured resource component of the Boardwalk project. Evidence · table > 81.8 Context: 1,580,000 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece#fact-resource-facts-2) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-02-20T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:6ef55faff399d19a7c6d - Deposit or zone: Leduc \(water saturated zone\) - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3524000 - Grade: 81.8 - Grade Unit: mg/L lithium - Contained Metal: 3524000 - Contained Unit: tonnes lce - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Indicated resource component of the Boardwalk project. Evidence · table > 81.8 Context: 3,524,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece#fact-resource-facts-3) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-02-20T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:ac29680face3b7cb4ec5 - Deposit or zone: Leduc \(water saturated zone\) - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1128000 - Grade: 81.8 - Grade Unit: mg/L lithium - Contained Metal: 1128000 - Contained Unit: tonnes lce - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Inferred resource component of the Boardwalk project. Evidence · table > 81.8 Context: 1,128,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--297da662-9df7-4d51-abb6-11b3cde86ece#fact-resource-facts-4) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-02-20T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:f0546e958f6e55b93e17 - Deposit or zone: Beaverhill Lake/Swan Hills - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1649000 - Grade: 78.1 - Grade Unit: mg/L lithium - Contained Metal: 1649000 - Contained Unit: tonnes lce - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Inferred resource component of the Boardwalk project. Evidence · table > 78.1 Context: 1,649,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.