08:44:22 EDT Wed 15 May 2024
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Arbor Metals Corp
Symbol ABR
Shares Issued 59,970,075
Close 2023-09-01 C$ 3.00
Market Cap C$ 179,910,225
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Arbor Metals resumes exploration at Jarnet

2023-09-05 00:23 ET - News Release

Mr. Mark Ferguson reports

ARBOR METALS RESUMES EXPLORATION ACTIVITIES FOLLOWING WILDFIRE CLOSURE IN QUEBEC

Exploration activities have resumed at Arbor Metals Corp.'s Jarnet lithium project in Quebec following the lifting of closures imposed due to wildfires in the region. The company's exploration team is preparing to return to the field in the coming days and is assembling the necessary equipment to commence the coming work program.

Despite the challenges posed by the wildfire closures, Arbor Metals remains committed to advancing its 2023 exploration program. The company's dedicated team has developed a revised plan that ensures the successful execution of the program while accommodating the delays caused by the wildfires. The strategic adjustments underscore the company's determination to meet its exploration objectives.

Mark Ferguson, president and chief executive officer of Arbor Metals, expressed his gratitude to the exploration team for its dedication and resilience in devising a comprehensive plan that overcomes the setbacks caused by the wildfire closures. He also extended his heartfelt appreciation to the fire and safety crews who worked tirelessly on the front lines to contain the wildfires and protect communities.

"We are immensely thankful to our exploration team for their unwavering commitment and creative problem solving," said Mr. Ferguson. "Their dedication has enabled us to adapt and ensure the successful completion of our 2023 exploration program. We also extend our gratitude to the courageous fire and safety crews, who have been working tirelessly to safeguard the region."

Arbor Metals is excited to resume exploration activities and further advance its Jarnet lithium project. The company's exploration efforts will be focused on studying high-value targets within the project area and building on the momentum generated by the recently announced CV5 lithium pegmatite resource.

"We are eager to get back to work and continue advancing our Jarnet lithium project," added Mr. Ferguson. "Our team's resilience and determination, coupled with the support of the fire and safety crews, have positioned us to achieve our exploration goals for 2023."

Arbor Metals remains committed to providing regular progress updates as the exploration program unfolds.

About Arbor Metals Corp.

Arbor Metals is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor Metals is paving the way for advanced mineral exploration as it oversees world-class mining projects. The company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes.

The Jarnet lithium project, located in the James Bay region of Quebec, comprises 47 map-designated claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, representing one of the highest-profile lithium exploration projects in the sector.

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