Vancouver, Canada – March 5th, 2024 – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) is pleased to announce the successful completion of its Phase 1 ground magnetometer survey at the Jarnet Lithium Project in the St. James Bay region of Quebec. This significant exploration initiative covered a total of 275 kilometers of survey lines with 100m spacing, encompassing the Jarnet 1 and 2 blocks, adjacent to claims held by Patriot Battery Metals.
The primary objective of the survey was to identify buried pegmatite dykes, known in this region as the principal host unit for lithium mineralization. A comprehensive dataset has been gathered, covering extensive areas critical to the understanding of the lithium potential in the region. The acquired data is currently undergoing interpretation, and results are anticipated to be available in the near term.
Mark Ferguson, President of Arbor, commented on the achievement, stating, “completion of our Phase 1 exploration program is a significant milestone for Arbor. The ground magnetometer survey represents a crucial step in unraveling the lithium potential of our Jarnet project. We eagerly await the results, which will guide our future exploration strategies.”
As part of its commitment to responsible exploration, Arbor ensures high levels of environmental responsibility throughout its programs. The Company aims to work collaboratively with local communities and indigenous groups, respecting and incorporating their perspectives into the exploration process.
The Company will provide updates on the interpretation of survey data and the subsequent steps in its exploration plan as soon as they become available.
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.
For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetalscorp.com, 1-888-204-5681, or visit the Company’s website at www.arbormetalscorp.com.
On behalf of the Board,
Mark Ferguson, Chief Executive Officer
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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 planned project development, exploration programs, closing of a further tranche of the Offering, the anticipated use of proceeds from the Offering 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.