LithiumBank Confirms up to 95% Lithium Recovery and over 99% Impurity Rejection from DLE Pilot Testing Using SLB's Integrated Lithium Production Solution Technology on Boardwalk and Park Place Brines
Original announcement by tmx on
- Company
- LithiumBank Resources Corp.
- Ticker
- LBNK
- Exchange
- TSX
- Region
- Alberta
- Primary commodity
- Lithium
- Secondary commodities
- Boron, Calcium, Magnesium, Manganese, Potassium, Sodium, Strontium
- Document categories
- Metallurgy, Resource update
- Extracted
- 2026-08-25 19:01:55 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
LithiumBank has successfully completed DLE pilot testing on its Boardwalk and Park Place brines using SLB technology, achieving up to 95% lithium recovery and over 99% impurity rejection. The results support the technical compatibility of the projects with the integrated SLB production solution.
Reasoning: The pilot test results demonstrate high technical viability for the DLE process on both target brines, with strong recovery and impurity rejection metrics.
Positive factors
- High lithium recovery (up to 95%)
- Exceptional impurity rejection (>99%)
- Pilot scale testing completed
- QP sign-off provided
Negative factors
- Pilot scale results may not scale linearly to commercial
- Third-party verification of brine composition/density not obtained
Facts used in scoring: 6
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Lithium recovery of 94.5-95% is exceptional for DLE processes.
Evidence · text
“successfully recovered up to 95% of lithium”
QP/CP Signedpositive
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: George Brindle, P.Eng. is named as the Qualified Person who reviewed the metallurgical testing.
Evidence · text
“consent to publicly disclose this data is provided by George Brindle, P.Eng.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the reported resource is in the Inferred category.
Evidence · table
“Inferred”
Context: 2,777,000
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Metallurgical Results (6)
pilot plantlithiumRecovery: 94.5 %View all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Test Work
- Program Status
- preliminary
- Test Type
- pilot plant
- Processing Route
- Direct Lithium Extraction (DLE)
- Sample
- Boardwalk brine pilot test
Recovery
- Recovery
- 94.5 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: 94.5% recovery is within the exceptional band for lithium DLE.
Positive factors
- Strong recovery for DLE
Evidence · table
“94.5”
Context: Boardwalk
pilot plantlithiumRecovery: 95 %View all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Test Work
- Program Status
- preliminary
- Test Type
- pilot plant
- Processing Route
- Direct Lithium Extraction (DLE)
- Sample
- Park Place brine pilot test
Recovery
- Recovery
- 95 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: 95.0% recovery is within the exceptional band for lithium DLE.
Positive factors
- Strong recovery for DLE
Evidence · table
“95.0”
Context: Park Place
Fact 3lithiumView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Standard measured resource component of the Boardwalk project.
Positive factors
- Measured category
Evidence · table
“81.2”
Context: 1,671,000
Fact 4lithiumView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Standard indicated resource component of the Boardwalk project.
Positive factors
- Indicated category
Evidence · table
“81.8”
Context: 3,524,000
Fact 5lithiumView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Speculative resource category.
Negative factors
- Inferred category
Evidence · table
“79.0”
Context: 2,777,000
Fact 6lithiumView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-14T00:00:00.000Z
Reasoning: Speculative resource category.
Negative factors
- Inferred category
Evidence · table
“80.2”
Context: 21,697,000
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.