(TheNewswire)
Vancouver, Canada– TheNewswire - May 7 th , 2023 – Arbor Metals Corp. (“ Arbor ” or the“ Company ”) (TSXV:ABR ) , ( FWB:432) announces thataccording to Patriot Battery Metals Inc.’s (“PMET”) recent pressrelease (May 1st, 2023), the CV5 Pegmatite's western extension hasexpanded by 550 meters. Consequently, Arbor’s Jarnet South Block is nowsituated less than 1.7 kilometres North-Northwest from the CV-5western expansion. The Jarnet South Block is included in the ongoinglong-wave infrared survey (“LWIR”) and interpretation ofhigh-resolution satellite images, executed by DIRT Exploration of CapeTown, South Africa.
Employing proprietary processing of satellite data, theLWIR analysis can map or pinpoint mineral distribution across largevegetated areas and shallow cover through reflectance spectroscopyagainst known standards. The ground-penetrating capability oflong-wave infrared radiation enables the observation of mineralspectra at shallow depths. The LWIR and satellite image evaluationwill integrate data and recognized pegmatite occurrences from theCompany's 2022 reconnaissance-scale field program. The survey is beingconducted across the entire Jarnet lithium claim blocks, encompassing70 map-designated claims and covering around 3,759 hectares.
Arbor Metals is in the process ofdeveloping its 2023 exploration program, taking into account theCompany's previous exploration findings, ongoing satellite imagery,and publicly accessible results from PMET's activities and otherentities in the region, as part of this emerging high-profile lithiumdistrict. The Company will share more information about its 2023 workprogram as it becomes available.
Note: The Company advises that discoveries andobservations on nearby properties do not necessarily imply theexistence of similar mineralization or geological features on thecompany's properties.
Dr. Peter Born, P.Geo., is the designated qualifiedperson as defined by NationalInstrument 43-101 and is responsible for, andhas approved, the technical information contained in thisrelease.
About Arbor Metals Corp.
Arbor Metals Corp. is a mining exploration company focused on the developmentof high-value, geographically significant mineral projects around theworld. 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. Arbor currently oversees threeoutstanding mineral projects.
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 theCorvette-FCI property, where diamond drilling has confirmedsignificant lithium mineralization, and represents one of thehighest-profile lithium exploration projects in the sector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetals.com , or visit the Company’s website at www.arbormetalscorp.com .
On behalf of the Board,
Arbor Metals Corp.
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 JarnetLithium Project, the assessment of samples from that Project, andother 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.
CONTACT:
Alex Zertuche
alexz@mrkt360.com
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