Vancouver, British Columbia--(May 29, 2025) - LithiumBank Resources Corp. (TSXV: LBNK) (OTCQX: LBNKF) has announced an update to its NI 43-101 lithium brine resource estimate for the Park Place Project in west-central Alberta. The company has strategically reduced its brine hosted mineral licences to focus on areas with the highest potential for brine production, now covering 226,683 hectares. The updated resource estimate reports 15,082,000 tonnes of inferred Lithium Carbonate Equivalent at a grade of 80.0 mg/L lithium. This move reduces the company's annual licensing fees by C$821,468. Additionally, LithiumBank and G2L Greenview Resources Inc. have agreed to terminate their intellectual property agreements to pursue independent opportunities. The updated estimate was reviewed by qualified professionals from Montrose Environmental Solutions Canada Inc. and APEX Geoscience Ltd.
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