# LithiumBank Receives First Tranche of Funding from Emissions Reduction Alberta Following Completion of Milestone 1 at Boardwalk Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5 Original source: https://money.tmx.com/en/quote/LBNK/news/7720393225739039/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f Publisher: tmx Original announcement: 2026-08-10T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: LithiumBank Resources Corp. - Ticker: LBNK - Exchange: TSX - Region: Alberta - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-18 06:28:51 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary LithiumBank Resources Corp. has received its first $760,000 funding tranche from Emissions Reduction Alberta after completing Milestone 1 at the Boardwalk Lithium Brine Project. This milestone involved bulk brine sampling and hydrogeological data collection, clearing the way for Milestone 3 which focuses on a Feasibility Study/FEED. Reasoning: The company successfully unlocked a funding tranche from Emissions Reduction Alberta by completing technical milestones, providing non-dilutive capital for project advancement. - Positive factor: Successful completion of Milestone 1 - Positive factor: Receipt of $760,000 funding tranche - Positive factor: Advancement toward Feasibility Study/FEED Facts used in scoring: 6 ## Classification and evidence **agreement\_transaction** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces the receipt of funding from Emissions Reduction Alberta following milestone completion. Evidence · text > LithiumBank Receives First Tranche of Funding from Emissions Reduction Alberta **resource\_update** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document restates the Boardwalk and Park Place NI 43-101 resource estimates. Evidence · text > The Boardwalk NI 43-101 resource estimate is entitled "LithiumBank Resources Corp. Boardwalk NI 43-101 Technical Report" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A current resource fact retains the disclosed cut-off grade ## 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-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5#fact-resource-facts-1) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta - 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: Alexander M. Haluszka - Resource group id: resource:9260df0f243b8da53a5c - Deposit or zone: Leduc Fm #### Resource Data - Category: measured - Tonnes: 1671000 - Grade: 81.2 - Grade Unit: mg/L - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-10T00:00:00.000Z Reasoning: Restatement of existing resource data from the February 2025 Technical Report. Evidence · text > contains 1,671,000 tonnes at a grade of 81.2 mg/L lithium and 3,524,000 tonnes of indicated LCE at a grade of 81.8 mg/L lithium within the Leduc Fm #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5#fact-resource-facts-2) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta - 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: Alexander M. Haluszka - Resource group id: resource:020d5eb19ddd29ac28bd - Deposit or zone: Leduc Fm #### Resource Data - Category: indicated - Tonnes: 3524000 - Grade: 81.8 - Grade Unit: mg/L - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-10T00:00:00.000Z Reasoning: Restatement of existing resource data from the February 2025 Technical Report. Evidence · text > 3,524,000 tonnes of indicated LCE at a grade of 81.8 mg/L lithium within the Leduc Fm #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5#fact-resource-facts-3) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta - 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: Alexander M. Haluszka - Resource group id: resource:05de92a52f625eacb9a6 - Deposit or zone: Leduc and Beaverhill Lake Gp/Swan Hills Fm #### Resource Data - Category: inferred - Tonnes: 2777000 - Grade: 79 - Grade Unit: mg/L - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-10T00:00:00.000Z Reasoning: Restatement of existing resource data from the February 2025 Technical Report. Evidence · text > inferred LCE resources of 2,777,000 tonnes at 79.0 mg/L lithium within the Leduc and Beaverhill Lake Gp/Swan Hills Fm #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5#fact-resource-facts-4) Park Place · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Park Place - Commodity: lithium - Region: canada - Reported Region: Western Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2024-06-24T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Alexander M. Haluszka, Maurice T. Shevalier, D. Roy Eccles - Resource group id: resource:17333ce2ac9341ccef55 #### Resource Data - Category: inferred - Tonnes: 21681000 - Grade: 80.2 - Grade Unit: mg/L #### Prior Estimate - Resource Date: 2024-06-24 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-06-24T00:00:00.000Z #### Dates - Event date: 2026-08-10T00:00:00.000Z Reasoning: Restatement of existing resource data from the June 2024 Technical Report. Evidence · text > originally reported 21,681,000 tonnes of inferred LCE at a grade of 80.2 mg/L lithium #### 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.1 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/lithiumbank-receives-first-tranche-of-funding-from-emissions-reduction-alberta-f--375739fa-808a-4b38-92b0-e09755fb8ad5#fact-resource-facts-5) Park Place · lithium #### Identity - Project: Park Place - Commodity: lithium - Region: canada - Reported Region: Western Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Effective date: 2025-05-29T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Alexander M. Haluszka, Maurice T. Shevalier, D. Roy Eccles - Resource group id: resource:0f984ec0f75b1704ce12 #### Resource Data - Category: inferred - Tonnes: 15082000 - Grade: 80 - Grade Unit: mg/L #### Prior Estimate - Resource Date: 2025-05-29 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-10T00:00:00.000Z Reasoning: Restatement of existing resource data from the May 2025 update. Evidence · text > updated NI 43-101 resource estimate for Park Place... totals 15,082,000 tonnes of inferred LCE at a grade of 80.0 mg/L lithium #### 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.