# LithiumBank Advances Boardwalk Permitting Pathway as Environmental Field Surveys Begin Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4 Original source: https://www.newsfilecorp.com/release/315138/LithiumBank-Advances-Boardwalk-Permitting-Pathway-as-Environmental-Field-Surveys-Begin Publisher: newsfile Original announcement: 2026-09-21T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-21T12:05:45.684Z Atlas analysis updated: 2026-09-21T12:05:45.684Z - Company: LithiumBank Resources Corp. - Ticker: LBNK - Exchange: Unavailable - Region: Alberta, Canada - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Permitting - Extracted: 2026-09-21 12:05:46 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary LithiumBank has commenced environmental baseline field surveys at its Boardwalk Lithium Brine Project to support an EPEA application. The company is advancing these regulatory steps in parallel with an ongoing feasibility study and engineering design work being conducted by SLB. Reasoning: The announcement focuses on regulatory progress \(permitting\) and restates existing resource figures to provide context for the project's current stage. - Positive factor: Advancement of permitting pathway via environmental baseline studies - Positive factor: Large lithium brine resource scale - Positive factor: Ongoing feasibility study and FEED in parallel - Negative factor: Resource is not a reserve and lacks demonstrated economic viability Facts used in scoring: 7 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is based on a NI 43-101 Technical Report. Evidence · text > LithiumBank Resources Corp. Boardwalk NI 43-101 Technical Report **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: Kevin Piepgrass, P. Geo, is named as the Qualified Person. Evidence · text > reviewed and approved by Kevin Piepgrass, P. Geo, who is a Qualified Person \(QP\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the resource is categorized as Inferred. Evidence · text > 2.8 Mt Inferred Lithium Carbonate Equivariant \(" LCE "\) resource ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Resource Estimates (7) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-0) Boardwalk · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:797306e9be21e99a8d88 #### Resource Data - Category: indicated - Tonnes: 5200000 - Grade: 81.6 - Grade Unit: mg/L - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-02-20T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Restatement of existing resource totals from a previous technical report. Evidence · text > Boardwalk hosts an estimated 5.2 Mt Measured & Indicated and 2.8 Mt Inferred Lithium Carbonate Equivariant \(" LCE "\) resource #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-1) Boardwalk · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:54f46d5f1d0e3060ab2b #### Resource Data - Category: inferred - Tonnes: 2800000 - Grade: 81.6 - Grade Unit: mg/L - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-02-20T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Restatement of existing inferred resource totals. Evidence · text > 2.8 Mt Inferred Lithium Carbonate Equivariant \(" LCE "\) resource #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-2) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:9093a4931c0d4e99d3da - Mining method: underground #### Resource Data - Category: measured - Tonnes: 91000 - Grade: 71.8 - Grade Unit: mg/L lithium - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Measured resource component for Leduc oil saturated zone. Evidence · table > 71.8 Context: 91,000 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-3) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:0a639fbab0ee556fb96a - Mining method: underground #### Resource Data - Category: measured - Tonnes: 1580000 - Grade: 81.8 - Grade Unit: mg/L lithium - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Measured resource component for Leduc water saturated zone. Evidence · table > 81.8 Context: 1,580,000 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-4) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:f298c124f862aca326ef - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3524000 - Grade: 81.8 - Grade Unit: mg/L lithium - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Indicated resource component for Leduc water saturated zone. Evidence · table > 81.8 Context: 3,524,000 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-5) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:8dc09cd149e293f74b24 - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1128000 - Grade: 81.8 - Grade Unit: mg/L lithium - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Inferred resource component for Leduc water saturated zone. Evidence · table > 81.8 Context: 1,128,000 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-advances-boardwalk-permitting-pathway-as-environmental-field-surveys--7cf121ab-73db-4e25-a28f-f6c4edb423a4#fact-resource-facts-6) Boardwalk · lithium #### Identity - Project: Boardwalk - Commodity: lithium - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: LBNK #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Piepgrass - Resource group id: resource:64f41aabf63414cddbfa - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1649000 - Grade: 78.1 - Grade Unit: mg/L lithium - Cutoff Grade: 50 - Cutoff Unit: mg/L Li #### Prior Estimate - Resource Date: 2025-02-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Inferred resource component for Beaverhill Lake/Swan Hills. Evidence · table > 78.1 Context: 1,649,000 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.