LithiumBank Resources Corp. (TSXV: LBNK) has announced significant lithium assay results from its Boardwalk Project in Alberta, Canada. The results revealed lithium concentrations of 82 mg/L over a 167-meter interval in the Leduc Formation. For the Swan Hills Formation, the assays reported 78 mg/L lithium over an 84-meter span.
LithiumBank’s Boardwalk Project
The recent drilling at the Boardwalk Project showcased promising lithium grades in both the Leduc and Swan Hills formations. The constant rate flow test in the Leduc Formation reported consistent lithium values, averaging 82 mg/L in brine samples from a 167-meter interval.
Impact of Drilling Results
These findings are anticipated to bolster the updated mineral resource estimate for the Boardwalk Project. Rob Shewchuk, CEO of LithiumBank Resources Corp., noted the superior lithium grades below the hydrocarbon zone.
Swan Hills Formation Insights
The Swan Hills Formation provided lithium concentrations ranging from 76.3 to 79.9 mg/L. These are the first-ever brine samples from the Swan Hills in the Boardwalk area. Such results are instrumental in optimizing the company’s Direct Lithium Extraction (DLE) pilot tests.
Quality Assurance and Control
The sampling was supervised by experienced geologist Gord McMillan, P. Geol., ensuring strict QA/QC protocols. Samples underwent analysis at multiple laboratories to verify accuracy.
Conclusion
LithiumBank Resources Corp. continues to advance its exploration and extraction efforts at Boardwalk, with the latest drilling results reinforcing the project’s potential.
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