Vancouver, Canada – April 11th, 2025 – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) is pleased to announce that the Company has been granted ATI (Amendment to the Technical Information) drilling permits from Ressources Naturelles et Forêts Quebec for its wholly owned Jarnet Lithium Project, located in the Corvette Lake Lithium Camp, Eeyou-Istchee Baie-James territory in Quebec. With this new permit in hand, Arbor plans to significantly expand its upcoming drilling activities, which are slated for later this year, to include key targets on the Corvette, St. Pierre, and Firebird claims.
The expanded drilling program will allow Arbor to test a wider range of lithium targets across its Jarnet property, with the goal to enhance the Company’s understanding of the mineralization potential in these areas. The results from this drilling program will play an important role in guiding the next phases of exploration at Jarnet, as the Company continues to advance the project “We are very pleased to have received the ATI drilling permits for our Jarnet Lithium Project,” said Mark Ferguson, President and CEO of Arbor. “This permit approval is an important milestone as we move forward with our exploration program. The expanded drilling activities on the Corvette, St. Pierre, and Firebird claims provide us with an exciting opportunity to further define the lithium potential of the Jarnet Project and take a significant step toward advancing the project. We lookforward to the upcoming drilling season and are committed to responsibly exploring this promising asset.”
Arbor is committed to conducting all exploration activities in an environmentally responsible manner. The Company adheres to stringent environmental guidelines and industry best practices to minimize its environmental impact throughout the exploration process. Additionally, Arbor remains committed to collaborating closely with local indigenous groups and stakeholders to ensure that its activities are conducted in a respectful and inclusive manner, in line with the needs and concerns of the communities in which it operates. The Company recognizes the importance of fostering positive long-term relationships with all stakeholders to ensure the sustainable development of its projects.
Martin Demers, PGeo, registered in the Province of Québec (OGQ No. 770), a consultant to Arbor and a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.
Redemption of Corvette Lake Preferred Shares
The Company also announces that a total of 50,000 preferred shares (the “Preferred Shares”) of its subsidiary Corvette Lake Lithium Corp. (“CLL”) have been redeemed in accordance with their terms and at the election of the holder. The Preferred Shares represent all of the outstanding share capital of CLL not already owned by the Company.
The Preferred Shares were outstanding at the time of the acquisition of CLL by the Company and were redeemable by the holder at a price of $100 per share in the event mineral exploration conducted on the Corvette Lake and St. Pierre properties demonstrated the existence of lithium mineralization. Assay results received by the Company have now provided evidence of such mineralization and the holder has elected to redeem. The Company has satisfied the redemption price of the Preferred Shares in full and CLL is now a wholly-owned subsidiary of the Company.
For further information regarding the acquisition of CLL, readers are encouraged to review the news release issued by the Company on February 26, 2024.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor is paving the way for advanced mineral exploration as it oversees world-class mining projects. The Company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes.
The Jarnet, Corvette Lake and St. Pierre lithium projects, located in the James Bay region of Quebec, comprises 83 map-designated claims, covering an area of approximately 5,606 hectares. The projects are contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization representing one of the highest-profile lithium exploration projects in the sector.
The Kemlee Lake Lithium project is strategically located three kilometers east of Rock Tech Lithium Inc.’s Aumacho claim blocks and twelve kilometers south of the Georgia Lake Project. The Project shares many geological similarities with the prolific Georgia Lake deposit, including bedrock geology and the presence of massive intrusive dykes. The primary target at the Project will be spodumene-bearing pegmatites hosted in metasediments.
For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetalscorp.com, or 403.852.4869, or visit the Company’s website at www.arbormetalscorp.com.
On behalf of the Board,
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to further exploration of the Jarnet Lithium Project and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.