ABR - Arbor Metals Provides Update on Results from Jarnet Lithium Exploration Program
(TheNewswire)
Vancouver, Canada– TheNewswire - November 26 th , 2023– Arbor Metals Corp. (“ Arbor ” or the “ Company ”)(TSXV:ABR ) ( FWB:432) announces the Company’sindependent geologist has completed the assessment of samples obtainedfrom the recent exploration program. These samples have beensubsequently shipped to ALS Laboratories for comprehensive assayanalysis, and the Company anticipates receiving the assay results inthe forthcoming weeks.
Mark Ferguson, President of Arbor, expressed hisappreciation for the dedicated efforts of the exploration team,stating, "Our exploration team has exhibited exceptionalcommitment and diligence in executing the program at the JarnetLithium Project. We are encouraged by the initial review of thesamples and eagerly await the assay results, which will providecrucial insights into the project's potential."
Ferguson further commented, "While the spot pricefor lithium has experienced a recent decline, Arbor's managementmaintains confidence in the long-term potential of lithium. We viewthe current decline as a short-term issue and anticipate a rebound inlithium prices in 2024."
Arbor remains committed to advancing its explorationendeavors and leveraging the forthcoming assay results to plan its2024 exploration program. The Company will incorporate these resultsinto its strategic development initiatives for the Jarnet LithiumProject, reinforcing its commitment to the project's ongoingsuccess.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining exploration company focused on developinghigh-value, geographically significant mineral projects worldwide. Arbor is paving the way foradvanced mineral exploration as it oversees world-class miningprojects. The Company is confident that combining quality projectswith proven strategies and a dedicated team willyield exceptional outcomes.
The Jarnet lithiumproject , located in the James Bay region ofQuebec, comprises 47 map-designated claims, covering an area ofapproximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamonddrilling has confirmed significant lithium mineralization representingone of the highest-profile lithium exploration projects in thesector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetals.com , or 403.852.4869, or visit the Company’swebsite 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, 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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