LithiumBank Completes Bulk Brine Sampling at Boardwalk Lithium Project

Original announcement by tmx on

Company
LithiumBank Resources Corp.
Ticker
LBNK
Exchange
TSX
Region
Alberta, Canada
Primary commodity
Lithium
Secondary commodities
None reported
Document categories
Metallurgy, Other
Extracted
2026-09-18 06:46:14 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

LithiumBank Resources Corp. has completed the collection of a 150 cubic metre bulk brine sample from its 100% owned Boardwalk Lithium Project in Alberta. The sample will be used for Direct Lithium Extraction (DLE) optimization, lithium carbonate conversion testing, and hydrogeological modeling.

Reasoning: The company successfully completed a key hydrogeological and metallurgical sampling milestone, providing data for DLE optimization and future feasibility studies.

Positive factors

  • Successful collection of 150 m3 bulk brine sample
  • QA/QC protocols implemented including umpire and synthetic standards
  • Independent QP oversight on-site
  • Milestone 1 of ERA funding completed

Facts used in scoring: 1

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details specific QA/QC measures including hourly sampling, use of AGAT Laboratory, umpire labs, synthetic standards, and blanks.

Evidence · text

“Industry standard Quality Control and Quality Assurance (" QA/QC ") measures were practiced during sample collection which included: one litre brine samples were collected every hour to monitor salinity and identify when native brine was flowing.”

QP/CP Signedpositive · Story-specific tag

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: Maurice Shevalier (M.Sc., P.Chem) and Kevin Piepgrass (P.Geo) are named as Qualified Persons for the technical information.

Evidence · text

“The scientific and technical information disclosed in this news release that relates to the exploration sampling was reviewed and approved by Maurice Shevalier, M.Sc., P.Chem, who is a Qualified Person (QP)”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Metallurgical Results (1)

bulk samplingBoardwalk Lithium Project · lithiumView all details
Link to this fact

Identity

Project
Boardwalk Lithium Project
Commodity
lithium
Region
canada_ab
Reported Region
Alberta, Canada
Ticker
LBNK

Test Work

Program Status
preliminary
Test Type
bulk sampling
Sample
150 m3 bulk brine sample from 10-6 well

Lab

Laboratory
AGAT Laboratory

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-13T00:00:00.000Z

Reasoning: Successful bulk sampling is a critical precursor to metallurgical testing and pilot-scale DLE optimization.

Positive factors

  • Bulk sampling completed for DLE optimization

Evidence · text

“successfully collected 150 cubic metres (" m 3 ") of brine from its 100% owned Boardwalk Lithium Brine Project”

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.