19:54:22 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Arbor Metals Corp
Symbol ABR
Shares Issued 67,161,384
Close 2024-04-02 C$ 0.56
Market Cap C$ 37,610,375
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Arbor Metals plans Jarnet phase 2 exploration

2024-04-03 11:05 ET - News Release

Mr. Mark Ferguson reports

ARBOR METALS OUTLINES PHASE 2 EXPLORATION PLANS FOR JARNET LITHIUM PROJECT

Arbor Metals Corp. has released the details of its phase 2 ground survey for its wholly owned Jarnet lithium project in Eeyou Istchee Baie-James territory, Nord du Quebec region. Following the successful completion of Phase 1, the Company is poised to embark on an extensive exploration program aimed at further delineating lithium mineralization targets within the project area.

The Phase 2 survey will encompass detailed prospecting of surface outcrops and extensive soil sampling, with depths penetrating to the C-layer, to assess for lithium presence above buried pegmatites. The program will extend to previously unexplored blocks, including Firebird, adjacent to Patriot Battery Metals project to the south, and the recently acquired Corvette Lake claims, situated on the eastern edge of Corvette Lake.

Mark Ferguson, CEO of Arbor, expressed enthusiasm about the upcoming exploration efforts, stating, "We are excited to advance to the next phase of exploration at our Jarnet Lithium project. The Phase 2 program represents a significant step towards unlocking the project's potential and furthering our understanding of lithium mineralization in the region."

Arbor remains committed to employing industry best practices to ensure environmentally sound exploration activities. The Company places high importance on working collaboratively with local communities and indigenous groups, respecting their perspectives and incorporating their input into the exploration process.

The Phase 2 exploration program is scheduled to commence in June 2024, with the highest priority targets earmarked for diamond drilling in the Fall of 2024. Further updates on the Company's progress and exploration results will be provided as details are determined.

In related industry news, recent announcements highlighting positive developments in the lithium sector underscore the significance of Arbor's exploration endeavors. The increasing demand for lithium, particularly in the context of the growing electric vehicle market, bodes well for the Company's strategic initiatives.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor 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, Corvette Lake and St. Pierre lithium project s , located in the James Bay region of Quebec, comprises 83 map-designated claims, covering an area of approximately 5,606 hectares. The projects are 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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