LithiumBank Confirms up to 95% Lithium Recovery and over 99% Impurity Rejection from DLE Pilot Testing Using SLB's Integrated Lithium Production Solution Technology on Boardwalk and Park Place Brines
Original announcement by tmx on
- Company
- LithiumBank Resources Corp.
- Ticker
- LBNK
- Exchange
- TSX
- Region
- Alberta
- Primary commodity
- Lithium
- Secondary commodities
- Boron, Calcium, Magnesium, Manganese, Potassium, Sodium, Strontium
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-09-18 07:09:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
LithiumBank has successfully completed DLE pilot testing on its Boardwalk and Park Place brines using SLB technology, achieving up to 95% lithium recovery and over 99% impurity rejection. The results demonstrate high compatibility with the integrated solution and provide a basis for scaling to a commercial-scale unit.
Reasoning: The announcement reports successful pilot-scale DLE testing with high recovery and impurity rejection, significantly de-risking the technical path for the Boardwalk and Park Place projects.
Positive factors
- High lithium recovery (up to 95%)
- Exceptional impurity rejection (>99%)
- Successful pilot testing of DLE technology
- QP verification of data
Negative factors
- Third-party verification of brine composition/density not obtained
- Pilot scale results require longer runs to confirm sorbent lifespan
Facts used in scoring: 6
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Lithium recovery reached 94.5% and 95.0% which is in the exceptional band for lithium.
Evidence · text
“successfully recovered up to 95% of lithium from both Park Place and Boardwalk”
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: The release includes QP sign-off and mentions verification of sampling and analytical data.
Evidence · text
“The data disclosed, including sampling, analytical, and test data underlying this announcement have been verified by the QP”
Bench Scale Onlynegative
Only preliminary bench tests completed — no locked-cycle or pilot work.
Why it applies: The results are from a pilot campaign, which is a step above bench but below commercial scale.
Evidence · text
“Piloting results can be used to determine operating parameters for a ~25,000 cubic metres (m 3 ) per day commercial scale DLE unit”
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: 6. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
measuredBoardwalk · lithiumTonnes: 1671000Grade: 81.2Grade Unit: mg/LContained Metal: 1671000Contained Unit: tonnes lceView all detailsHide details
Identity
- Project
- Boardwalk
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Resource scope
- Estimate type
- resource
- Resource group id
- resource:7910e513f62499859b2f
Resource Data
- Category
- measured
- Tonnes
- 1671000
- Grade
- 81.2
- Grade Unit
- mg/L
- Contained Metal
- 1671000
- Contained Unit
- tonnes lce
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Measured resource component of Boardwalk.
Evidence · table
“81.2”
Context: 1,671,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedBoardwalk · lithiumTonnes: 3524000Grade: 81.8Grade Unit: mg/LContained Metal: 3524000Contained Unit: tonnes lceView all detailsHide details
Identity
- Project
- Boardwalk
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Resource scope
- Estimate type
- resource
- Resource group id
- resource:fa27f668a96168643708
Resource Data
- Category
- indicated
- Tonnes
- 3524000
- Grade
- 81.8
- Grade Unit
- mg/L
- Contained Metal
- 3524000
- Contained Unit
- tonnes lce
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Indicated resource component of Boardwalk.
Evidence · table
“81.8”
Context: 3,524,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredBoardwalk · lithiumTonnes: 2777000Grade: 79Grade Unit: mg/LContained Metal: 2777000Contained Unit: tonnes lceView all detailsHide details
Identity
- Project
- Boardwalk
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Resource scope
- Estimate type
- resource
- Resource group id
- resource:00ad149cb06be85b513c
Resource Data
- Category
- inferred
- Tonnes
- 2777000
- Grade
- 79
- Grade Unit
- mg/L
- Contained Metal
- 2777000
- Contained Unit
- tonnes lce
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Inferred resource component of Boardwalk.
Evidence · table
“79.0”
Context: 2,777,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredPark Place · lithiumTonnes: 21697000Grade: 80.2Grade Unit: mg/LContained Metal: 21697000Contained Unit: tonnes lceView all detailsHide details
Identity
- Project
- Park Place
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Resource scope
- Estimate type
- resource
- Resource group id
- resource:7f46a0ac0344ce417f94
Resource Data
- Category
- inferred
- Tonnes
- 21697000
- Grade
- 80.2
- Grade Unit
- mg/L
- Contained Metal
- 21697000
- Contained Unit
- tonnes lce
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Inferred resource component of Park Place.
Evidence · table
“80.2”
Context: 21,697,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metallurgical Results (2)
pilot plantBoardwalk · lithiumRecovery: 94.5 %View all detailsHide details
Identity
- Project
- Boardwalk
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Test Work
- Program Status
- detailed
- Test Type
- pilot plant
- Processing Route
- DLE
- Sample
- bulk brine samples from Boardwalk
Recovery
- Recovery
- 94.5 %
- Recovery Basis
- actual_test
Lab
- Consultant
- SLB
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: 94.5% recovery is exceptional for lithium DLE.
Positive factors
- High recovery rate
Evidence · table
“94.5”
Context: Boardwalk
Tags used in scoring
Pilot Scale Completepositive
Pilot or demonstration plant testing completed under continuous operation.
Why it applies: test_type names pilot-scale work
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94.5% is at or above the exceptional band (80%)
pilot plantPark Place · lithiumRecovery: 95 %View all detailsHide details
Identity
- Project
- Park Place
- Commodity
- lithium
- Region
- canada_ab
- Reported Region
- Alberta
- Ticker
- LBNK
Test Work
- Program Status
- detailed
- Test Type
- pilot plant
- Processing Route
- DLE
- Sample
- bulk brine samples from Park Place
Recovery
- Recovery
- 95 %
- Recovery Basis
- actual_test
Lab
- Consultant
- SLB
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: 95.0% recovery is exceptional for lithium DLE.
Positive factors
- High recovery rate
Evidence · table
“95.0”
Context: Park Place
Tags used in scoring
Pilot Scale Completepositive
Pilot or demonstration plant testing completed under continuous operation.
Why it applies: test_type names pilot-scale work
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 95% is at or above the exceptional band (80%)
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.