ABR - Arbor Metals Outlines Phase 2 Exploration Plans for Jarnet Lithium Project
(TheNewswire)
Vancouver, Canada– TheNewswire – April 2 nd , 2024 – Arbor MetalsCorp. (“ Arbor ”or the “ Company ”) (TSXV:ABR, FWB: 432 ) announce thedetails of its Phase 2 ground survey for its wholly owned JarnetLithium project in Eeyou Istchee Baie-James territory, Nord du Québecregion. Following the successful completion of Phase 1, the Company ispoised to embark on an extensive exploration program aimed at furtherdelineating lithium mineralization targets within the projectarea.
The Phase 2 survey will encompass detailed prospectingof surface outcrops and extensive soil sampling, with depthspenetrating to the C-layer, to assess for lithium presence aboveburied pegmatites. The program will extend to previously unexploredblocks, including Firebird, adjacent to Patriot Battery Metals projectto the south, and the recently acquired Corvette Lake claims, situatedon the eastern edge of Corvette Lake.
Mark Ferguson, CEO of Arbor, expressed enthusiasm aboutthe upcoming exploration efforts, stating, "We are excited toadvance to the next phase of exploration at our Jarnet Lithiumproject. The Phase 2 program represents a significant step towardsunlocking the project's potential and furthering our understanding oflithium mineralization in the region."
Arbor remains committed to employing industry bestpractices to ensure environmentally sound exploration activities. TheCompany places high importance on working collaboratively with localcommunities and indigenous groups, respecting their perspectives andincorporating their input into the exploration process.
The Phase 2 exploration program is scheduled tocommence in June 2024, with the highest priority targets earmarked fordiamond drilling in the Fall of 2024. Further updates on the Company'sprogress and exploration results will be provided as details aredetermined.
In related industry news, recent announcementshighlighting positive developments in the lithium sector underscorethe significance of Arbor’s exploration endeavors. The increasingdemand for lithium, particularly in the context of the growingelectric vehicle market, bodes well for the Company's strategicinitiatives.
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 will yield 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 an area of approximately5,606 hectares. The projects are contiguous to the Corvette-FCIproperty, where diamond drilling has confirmed significant lithiummineralization representing one of the highest-profile lithiumexploration 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 news release, the words“anticipate”, “believe”, “estimate”, “expect”,“target, “plan”, “forecast”, “may”, “schedule” andsimilar words or expressions identify forward-looking statements orinformation. These forward-looking statements or information mayrelate to the development of the Jarnet Lithium Project, potentialexploration of the Corvette Lake and St. Pierre properties and otherfactors or information. Such statements represent the Company’scurrent views with respect to future events and are necessarily basedupon a number of assumptions and estimates that, while consideredreasonable by the Company, are inherently subject to significantbusiness, economic, competitive, political and social risks,contingencies and uncertainties. Many factors, both known and unknown,could cause results, performance, or achievements to be materiallydifferent from the results, performance or achievements that are ormay be expressed or implied by such forward-looking statements. TheCompany does not intend, and does not assume any obligation, to updatethese forward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectingsuch statements and information other than as required by applicablelaws, rules and regulations.
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