LithiumBank Resources Corp. (TSE:LBNK) has released an update.
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LithiumBank Resources Corp. has successfully completed drilling the full 232-meter Leduc Formation at the Boardwalk Project in Alberta, leading to a significant increase in the known thickness of the formation and the intersection of the porous limestone Swan Hills Formation. The data collected from this drilling is expected to enhance the project’s resource confidence and aid in developing potential production strategies. LithiumBank’s control over its own licensed well facilitates in-depth analysis, including brine sampling and testing, which is crucial for validating and improving their Direct Lithium Extraction technology.
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