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Arbor Metals Corp
Symbol ABR
Shares Issued 82,548,236
Close 2025-02-10 C$ 0.43
Market Cap C$ 35,495,741
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Arbor Metals begins phase 2 drilling at Jarnet

2025-02-11 09:00 ET - News Release

Mr. Mark Ferguson reports

ARBOR METALS COMMENCES PHASE 2 DRILLING AT JARNET LITHIUM PROJECT

Arbor Metals Corp. has begun its phase 2 diamond drilling program at its wholly owned Jarnet lithium project, located in the Corvette Lake lithium camp, Eeyou-Istchee Baie-James territory, Northern Quebec. The fully financed phase 2 program calls for up to 6,000 metres of NQ2 holes on its Jarnet claims. Concurrently, the company has applied for an ATI (advanced technical investigation) to expand the program to include several high-value targets on the Firebird, Corvette and St. Pierre claims.

Phase 2 drilling is focused on exploration of targets on the Jarnet 1 and 2 blocks, which were tested in phase 1, and which were identified through rock and till sampling surveys. In addition, and subject to additional permitting, targets identified on the Firebird, Corvette and St. Pierre claims will also be tested. The company reserves the possibility to change drilling priorities based on observations.

The phase 1 drilling campaign, conducted in late 2024, focused on six target areas within the Jarnet 1 and Jarnet 2 claim groups. These targets were selected based on anomalous soil and rock samples, alongside geophysical interpretations completed earlier in the year. Hole depths ranged from 89 metres to 302 metres, and the drilling program yielded 663 core samples, which have been sent for immediate laboratory analysis with quality control material.

Granitic pegmatites were encountered and sampled in nine of the 10 drill holes, covering five of the six target areas. Notably, molybdenite was observed in pegmatitic quartz veins in five drill holes across three separate target zones. These veins are hosted in quartz monzonite.

Phase 1 drilling was performed by Forage et Construction Muskw, a joint venture between Forage Fusion Drilling and the Cree community, represented by Saskounan. Muskw, based in Chisasibi, Que., is co-owned and predominantly operated by local and indigenous stakeholders. Muskw's involvement exemplifies the success of local and indigenous ownership and reinforces Arbor's commitment to community engagement and economic development in the regions where it operates. Arbor extends its sincere gratitude to Muskw for its expertise, professionalism and dedication to the project.

"We are excited to kick off phase 2 of our drilling program at the Jarnet lithium project," said Mark Ferguson, president and chief executive officer of Arbor. "The success of our phase 1 drilling program has given us a solid foundation to build upon as we continue to explore the lithium potential at Jarnet. We are confident that this phase 2 program will provide critical information to help define the next steps for the project, and we are eager to expand our efforts into the high-priority target areas on the Firebird, Corvette and St. Pierre claims."

Arbor is committed to conducting all of its exploration activities with a strong focus on environmental stewardship. The company adheres to industry-leading environmental guidelines and strives to minimize its environmental footprint. Furthermore, Arbor continues to work collaboratively with local tribes and other stakeholders to ensure its activities are aligned with the needs and concerns of the communities in which it operates.

Martin Demers, PGeo, registered in the province of Quebec (OGQ No. 770), a consultant to Arbor, a qualified person under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

About Arbor Metals Corp.

Arbor Metals 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 projects, located in the James Bay region of Quebec, comprise 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.

The Kemlee Lake lithium project is strategically located three kilometres east of Rock Tech Lithium Inc.'s Aumacho claim blocks, and 12 kilometres south of the Georgia Lake project. The project shares many geological similarities with the prolific Georgia Lake deposit, including bedrock geology and the presence of massive intrusive dikes. The primary target at the project will be spodumene-bearing pegmatites hosted in metasediments.

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