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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3

Original source: https://money.tmx.com/en/quote/LBNK/news/8559110031494605/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr

Publisher: tmx

Original announcement: 2024-09-11T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas 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 factor: High recovery rate \(>98%\)

- Positive factor: Pilot scale validation

- Positive factor: Continuous flow process successful

- Positive factor: QA/QC protocols disclosed

Facts used in scoring: 5

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Story-specific tag

Definition: 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 plant

[Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3#fact-metallurgical-facts-0)

lithium

#### 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 factor: Recovery exceeds 98% threshold

- Positive factor: Continuous flow achieved

Evidence · text

> lithium recovery remained consistently in the 98-99% range

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3#fact-metallurgical-facts-1)

lithium

#### 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 3

[Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3#fact-metallurgical-facts-2)

lithium

#### 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 4

[Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3#fact-metallurgical-facts-3)

lithium

#### 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 5

[Link to this fact](https://atlas-staging.minestarters.com/news/lithiumbank-reports-98-recovery-of-lithium-from-brine-during-direct-lithium-extr--b278bdde-713d-4f45-9cec-6e90e380aee3#fact-metallurgical-facts-4)

lithium

#### 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.