LITHIUM BRINEEnergy transition

LithiumBank — Boardwalk

LithiumBank Resources (SLB FS/FEED) · 5.2 Mt LCE M&I + 2.78 Mt inferred @ 81.6 mg/L; 2 × 5 ktpa modules

150 m³ bulk brine sample April 2026; FS/FEED mid-2027; production 2029–30.

RESOURCE CONTEXT

82.5 Mt LCE in place (Leduc 77.7 Mt, Swan Hills 4.8 Mt); 62 Mt within existing leases

82.5 Mt LCE in place in Devonian reef brines — the largest lithium resource statement in Canada, waiting on DLE economics.

Lithium in place — Leduc & Swan Hills brines82.5 Mt LCE · Resource estimate · 2026AGS INF 159 / 160 ↗
E3 Bashaw (Clearwater) — M&I16.2 Mt LCE · Resource estimate · 2025AGS INF 160 / E3 Lithium ↗

GEOLOGICAL SETTING

Leduc reef trend (Rimbey–Meadowbrook–Clearwater)Producing / drill-proven
Lithium-enriched Devonian carbonate formation brine (DLE target)
Swan Hills / Beaverhill Lake reef complexesHighly favourable
Lithium brine in Middle Devonian Swan Hills reef carbonates
Fox Creek deep Leduc (Duvernay fairway)Favourable
Deep Leduc / Duvernay brine with co-produced lithium

Tenure: Brine-hosted mineral lease: 10-year initial term, indefinite while producing, $3.50/ha rent, minimum bonus $10/ha; brine-hosted licence for exploration.
Royalty: No Alberta brine-lithium royalty rate set as of Oct 2026 (lease-by-lease pending regulation; salt royalty of $0.45/t may apply to minerals recovered in salt form). New minerals investment incentive announced Mar 2026 for 2027.

DATASETS TO STACK HERE

Bedrock geology polygons (DIG 2013-0018, queryable)Alberta Geological SurveyAttribute-level bedrock mapping for screening host lithologies; heavy, so it loads only when zoomed in.
Bedrock structures: faults, thrusts, fold axesAlberta Geological SurveyFault corridors focus brines, helium and MVT fluids and control Foothills coal geometry.
3D Provincial Geological Framework: Precambrian subcrop zonesAlberta Geological SurveyEntry point to the provincial 3D framework: which Paleozoic zone sits on basement controls helium traps, brine aquifers and storage seals.
Alberta earthquake catalogue (incl. induced)Alberta Geological SurveyInduced-seismicity hazard zones (Fox Creek, Red Deer) constrain hydraulic fracturing and injection.
Subsurface temperature points (BHT-derived)Alberta Geological SurveyThermal gradient for geothermal doublets and for DLE kinetics in lithium brines; basement temperature grids exist as LERC tiles.
AGS prospective areas for mineral explorationAlberta Geological SurveyThe survey's own view of where each commodity is prospective; compare with the Atlas knowledge-driven envelopes.
NRCan Map 900A: producing mines, mineral areas, oil & gas fieldsNatural Resources CanadaOfficial federal view of producing operations to cross-check the Atlas mine inventory.
Canada critical minerals projects & processingNatural Resources CanadaFederal critical-minerals pipeline; filter to Alberta by extent.

NEARBY OPERATIONS

LithiumBank — Park PlaceLithium brine · LithiumBank Resources · ≈63 kmExploration
Alberta No. 1 geothermal (Greenview)Geothermal · Terrapin / No. 1 Geothermal LP · ≈86 kmPermitting
FutEra Swan Hills geothermal–gas hybridGeothermal · FutEra Power (Razor / AIMCo) · ≈123 kmOperating
NeoLithica — Peace River lithiumLithium brine · NeoLithica · ≈145 kmExploration
Summit Mine 14 (underground)Coal mine · Summit Coal (Valory Resources) · ≈154 kmPermitting
Peace River frac-sand quarrySilica sand · Source Energy Services · ≈156 kmOperating