“This presents a district scale potential opportunity for Canada to become a major supplier of lithium in North America,” LithiumBank CEO Rob Shewchuk said in a release. “The company will now focus on additional brine sample assaying, completing lithium extraction test work, and initiate a preliminary economic assessment (PEA).”
The Park Place resource puts LithiumBank’s combined lithium brine resources inventory including the Boardwalk project at 27.78 million tonnes LCE averaging just below 70 mg per litre lithium. Boardwalk, 50 km to the north, holds 395,000 tonnes LCE at 71.6 mg per litre of indicated and 5.73 million tonnes LCE at 68 mg per litre of inferred resources. , .
In comparison, fellow Prairie lithium brine developers Highwood Asset Management (TSX: HAM) has reported 18.1 million inferred tonnes lithium carbonate equivalent (LCE) grading 20 mg per litre at the early-stage Drumheller property, and E3 Lithium…
