ABR:CC - Arbor Metals Completes Interpretation of Ground Magnetometer Survey at Jarnet Lithium Project
(TheNewswire)
Vancouver, Canada– TheNewswire - April 30 th , 2024 – Arbor MetalsCorp. (“ Arbor ” or the“ Company ”) (TSXV:ABR ) , ( FWB:432) is pleased to announce the successful completion of theinterpretation of its 277-line km ground magnetometer survey conductedover the Jarnet claims in February of this year. This criticalmilestone marks a significant advancement in the Company's explorationefforts within the St. James Bay Lithium Camp.
The interpretation of the ground magnetometer surveyrevealed a strong correlation between interpreted pegmatites and thoseidentified during the 2023 prospecting program. Moreover, the surveyhas unveiled new exploration targets: magnetic lineaments resultingfrom the magnetic contrast between pegmatites and surrounding rocks,exhibiting a heightened magnetic signature.
In the Corvette Lake Lithium Camp, pegmatites serve asthe primary host for high-grade lithium mineralization, predominantlyin the form of spodumene. The identification of magnetic lineamentspresents promising opportunities for discovering additional lithiummineralization within the Jarnet project area.
These interpretation results will serve as a guide forthe Company’s 2024 soil sampling program, enhancing efficiency andproductivity in identifying lithium mineralization targets.Furthermore, the Company is actively collating the results of thegeophysical interpretation with historic airborne datasets andprospecting data to pinpoint priority zones of interest.
Mark Ferguson, President of Arbor, commented on thesignificance of the interpretation results, stating, "We aredelighted by the strong correlation observed between interpretedpegmatites and those identified in our previous prospecting program.Additionally, the discovery of new exploration targets underscores thevast potential of the Jarnet Lithium Project. These findings mark anexciting development in our exploration journey and will guide ourfuture activities as we strive to unlock the project's fullpotential."
Arbor remains committed to conducting its explorationactivities in an environmentally sensitive manner and collaborativelyengaging with local communities and Indigenous nations. The Companyvalues the importance of sustainable resource development andendeavors to ensure that its operations positively contribute to thewell-being of the environment and stakeholders.
Qualified Person
Martin Demers, PGeo, registered in the Province ofQuébec (ogq No. 770), a consultant to Arbor and a qualified personunder National Instrument 43 101 -- Standards of Disclosure for MineralProjects , has reviewed the technical contents ofthis news release and has approved the disclosure of the technicalinformation contained herein.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining explorationcompany focused on developing high-value, geographically significantmineral projects worldwide. Arbor ispaving the way for advanced mineral exploration as it overseesworld-class mining projects. The Company is confident that combiningquality projects with proven strategies and a dedicated team willyield exceptional outcomes.
The Jarnet, Corvette Lake and St. Pierrelithium project s , located in the James Bay region of Quebec, comprises 83 map-designated claims, covering anarea of approximately 5,606 hectares. The projects are contiguous tothe Corvette-FCI property, where diamond drilling has confirmedsignificant lithium mineralization representing one of thehighest-profile lithium exploration projects in the sector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetalscorp.com , or 403.852.4869, orvisit the Company’s website at www.arbormetalscorp.com .
On behalf of the Board,
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When or if used in this newsrelease, the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule” and similar words or expressions identifyforward-looking statements or information. These forward-lookingstatements or information may relate to the development of the Jarnet Lithium Project,potential exploration of the Corvette Lake and St. Pierre propertiesand other factors or information. Such statements represent theCompany’s current views with respect to future events and arenecessarily based upon a number of assumptions and estimates that,while considered reasonable by the Company, are inherently subject tosignificant business, economic, competitive, political and socialrisks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance, or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume anyobligation, to update these forward-looking statements or informationto reflect changes in assumptions or changes in circumstances or anyother events affecting such statements and information other than asrequired by applicable laws, rules and regulations.
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