(TheNewswire)
Vancouver, BC - TheNewswire- July 27,2023 - Arbor Metals Corp. (“ Arbor ” or the “ Company ”) (TSXV: ABR ) ( FWB:432 ) is pleased to announce that the Company has entered into anagreement to grant its technical team access to the data room of astrategically located set of mineral claims adjacent to the Jarnet Lithium Project in the James Bay region of Quebec, Canada. The Companybelieves that these mineral claims have the potential to augment thescope of the Jarnet Lithium Project significantly, and the technical team is enthusiastic aboutconducting a comprehensive analysis of all the past explorationinformation in the data room.
Mark Ferguson, CEO of Arbor , expressed excitement aboutthis new development, stating, "We are thrilled to gain access tothe data room, as it allows our technical team to conduct an in-depthexamination of all the past exploration data. We believe that thisstrategic set of claims has the potential to further strengthen ourJarnet project. If our understanding of the claims is confirmed by ouranalysis, it could enhance Arbor's position in the lithium market andreinforce our position in the rapidly advancing Canadian EVIndustry."
The agreement will enable Arbor 's technical team to explorethe historical data, geological reports, and exploration resultsrelated to the strategic claims. They will evaluate the benefits andpossibilities of integrating this proximate project with the Jarnet Lithium Project . Arbor remainscommitted to driving the exploration and development of the Jarnet project , aiming to capitalize on the increasing global demand forlithium.
Once the technical team completes its thorough dataanalysis, Arbor willupdate its shareholders and stakeholders regarding the findings andpotential implications for the Jarnet Lithium Project . The Company remains dedicated to transparency and looksforward to sharing the results of this strategic assessment with theinvestment community.
Arbor is dedicated to responsibleresource development and is well-positioned to play a crucial role insupplying the necessary lithium to support the electrification oftransportation and the transition to a sustainable future. TheCompany's focus on sustainable growth, innovation, and strategicpartnerships will continue to drive its efforts in meeting theincreasing demand for lithium in Canada's EV industry.
Dr. Peter Born, P.Geo., is the designated qualifiedperson as defined by NationalInstrument 43-101 and is responsible for and hasapproved the technical information in this release.
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 will yield exceptionaloutcomes.
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 theassessment of data from adjacent claims, 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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