LithiumBank Reports >98% Recovery of Lithium from Brine During Direct Lithium Extraction Pilot Testing

Original announcement by tmx on

Company
LithiumBank Resources Corp.
Ticker
LBNK
Exchange
TSX
Region
Alberta
Primary commodity
Lithium
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-08-25 19:04:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

LithiumBank successfully completed an initial pilot campaign at its Calgary facility, recovering over 98% of lithium from Boardwalk project brine using continuous Direct Lithium Extraction (cDLE®) technology. The 120-hour test processed 40,000 litres of brine with feed grades averaging 70 mg/L, confirming previous bench-scale results.

Reasoning: The pilot plant achieved >98% lithium recovery from brine at a 10,000 L/day scale, validating bench-scale results and advancing the project toward commercial viability.

Positive factors

  • High recovery rate (>98%)
  • Pilot scale validation
  • Continuous flow process successful
  • QA/QC protocols disclosed

Facts used in scoring: 5

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Lithium recovery was reported in the 98-99% range, exceeding the exceptional band for lithium.

Evidence · text

“lithium recovery remained consistently in the 98-99% range”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions the use of standard reference material and duplicate samples at AGAT and on-site labs.

Evidence · text

“standard reference material was used on a regular basis as well as duplicate samples”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

pilot plantlithiumRecovery: 98.5 %Head Grade: 70Head Grade Unit: mg/LView all details
Link to this fact

Identity

Commodity
lithium
Ticker
LBNK

Test Work

Program Status
detailed
Test Type
pilot plant
Processing Route
continuous DLE (cDLE®)
Sample
Boardwalk brine pilot campaign (absorption/recovery stage)

Recovery

Recovery
98.5 %
Recovery Basis
actual_test
Head Grade
70
Head Grade Unit
mg/L

Lab

Laboratory
AGAT

Review

Needs Review
No
Historical
No

Dates

Event date
2024-09-11T00:00:00.000Z

Reasoning: 98.5% recovery at pilot scale is an exceptional result for DLE technology.

Positive factors

  • Recovery exceeds 98% threshold
  • Continuous flow achieved

Evidence · text

“lithium recovery remained consistently in the 98-99% range”
Fact 2lithiumHead Grade: 73.8Head Grade Unit: mg/LView all details
Link to this fact

Identity

Commodity
lithium
Ticker
LBNK

Test Work

Sample
Well 100/09-26-068-22W5/00 brine

Recovery

Head Grade
73.8
Head Grade Unit
mg/L

Review

Needs Review
No
Historical
No

Dates

Event date
2024-09-11T00:00:00.000Z

Reasoning: Baseline brine grade from source well.

Evidence · table

“73.8”

Context: 20

Fact 3lithiumHead Grade: 70.8Head Grade Unit: mg/LView all details
Link to this fact

Identity

Commodity
lithium
Ticker
LBNK

Test Work

Sample
Well 100/07-25-068-22W5/00 brine

Recovery

Head Grade
70.8
Head Grade Unit
mg/L

Review

Needs Review
No
Historical
No

Dates

Event date
2024-09-11T00:00:00.000Z

Reasoning: Baseline brine grade from source well.

Evidence · table

“70.8”

Context: 7

Fact 4lithiumHead Grade: 69.9Head Grade Unit: mg/LView all details
Link to this fact

Identity

Commodity
lithium
Ticker
LBNK

Test Work

Sample
Well 100/10-06-069-21W5/00 brine

Recovery

Head Grade
69.9
Head Grade Unit
mg/L

Review

Needs Review
No
Historical
No

Dates

Event date
2024-09-11T00:00:00.000Z

Reasoning: Baseline brine grade from source well.

Evidence · table

“69.9”

Context: 7

Fact 5lithiumHead Grade: 72.6Head Grade Unit: mg/LView all details
Link to this fact

Identity

Commodity
lithium
Ticker
LBNK

Test Work

Sample
Well 100/13-27-068-22W5/00 brine

Recovery

Head Grade
72.6
Head Grade Unit
mg/L

Review

Needs Review
No
Historical
No

Dates

Event date
2024-09-11T00:00:00.000Z

Reasoning: Baseline brine grade from source well.

Evidence · table

“72.6”

Context: 7

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.