Korelin Economics Report

LithiumBank – DLE Testing Results And Pilot Plant Updates

Kevin Piepgrass, Chief Operating Officer at LithiumBank (TSX.V:LBNK – OTCQB:LBNKF) (the “Company”) joins me to recap two recent news releases reporting Direct Lithium Extraction (DLE) test work in connection with the partnership with G2L Greenview Resources Inc. (“G2L“) and an update on the progress of pilot plant.

 

The DLE test work will filter into an updated Preliminary Economic Study (PEA). Kevin outlines three main areas where the G2L continuous DLE technology will improve on the economic numbers from the prior PEA. It is technical in nature but improving the purity, recoveries and use of different reagents all are important stepping stones for the Company. The PEA is scheduled to be released by year end.

 

With the PEA coming the Company is also shipping the pilot plant to conduct larger scale tests on the brine from the Boardwalk Lithium Brine Project and the Park Place Project. 

 

If you have any follow up questions for Kevin please email me at Fleck@kereport.com.

 

 

Click here to visit the LithiumBank website and read over all the recent news releases.

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