(TheNewswire)
Vancouver, BC - TheNewswire- March 27,2023 - Arbor Metals Corp. ( “Arbor” or the“ Company ”) (TSXV:ABR ) ( FWB:432) announces that it has obtainedlimited samples (2) from pegmatites (Press Release, July 7, 2022) fromthe north block of its Jarnet Lithium Project, located less than twokilometres northwest of the western extent of Patriot Battery MetalsInc.’s (PMET) CV5 defined spodumene target. The samples havereturned anomalous lithium values, indicating a 070 to 080 degreestrike, which is supported by topographic and drainage features thatapproximates PMET’s Corvette trend.
The north block of the Company’s Jarnet LithiumProject is located 3.65 kilometers due north of the CV4 showing and4.25 kilometres North-Northeast of the eastern extent currently beingdrilled on the CV5 target. Recently PMET reported the extension of the CV5 spodumene pegmatiteeastwardly by a further 550 metres, totalling 3.15 kilometres instrike length on their high-profile Corvette -FCI property, located inthe James Bay region of northern Quebec. PMET reports the CV5spodumene pegmatite is now approximately 1.5 kilometres and on-trendwith the CV4 pegmatite cluster to the east.
Arbor Metals is currently designing it’s 2023exploration program, considering both the Company’s past explorationresults, as well as the available results from neighbouring PMET. The Company will provide more details of it’s 2023 work program asthey become available.
The Company cautions the discoveries and observationson properties in proximity to the Company's properties are notnecessarily indicative of the presence of similar mineralization orgeology on the company'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.
Arbor Metal Corp . is a mining exploration company specializing in thedevelopment of high-value, geographic significant mineral projectsaround the world. As industry leaders, we are paving the way foradvanced mineral exploration as we oversee world-class mining projects. We believe quality projects,combined with proven strategies and a professional team will deliversuperior results. We hold three exceptional mineral projects.
Jarnet Lithium Project , located in the James Bay Region of Quebec, which comprisesof forty-seven 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 the highestprofile lithium exploration projects in the sector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetalscorp.com , or403.852.4869 or by visiting the Company’s website atwww.arbormetalscorp.com.
On behalf of the Board,
Arbor Metals Corp.
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof 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, theassessment of samples from that Project, and other factors orinformation. Such statements represent the Company’s current viewswith respect to future events and are necessarily based upon a numberof assumptions and estimates that, while considered reasonable by theCompany, are inherently subject to significant business, economic,competitive, political and social risks, contingencies anduncertainties. Many factors, both known and unknown, could causeresults, performance, or achievements to be materially different fromthe results, performance or achievements that are or may be expressedor implied by such forward-looking statements. The Company does notintend, and does not assume any obligation, to update theseforward-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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