Arbor Metals Announces Lifting of Forest Entry Ban at St. James, Quebec, Canada
July 31 2023 - 2:00AM
Arbor Metals Corp. (“
Arbor” or the
“
Company”) (TSXV: ABR, FWB: 432) is pleased to
announce that the ban forest access in Quebec, imposed due to the
wildfires in the area, has been lifted, including access to the
Company's property. While road closures persist, Arbor has
successfully secured helicopter access, expected to commence in
August. The Company is now updating its work plan to accommodate
these conditions and remains confident in its ability to complete
its work program as planned.
The safety and well-being of our employees,
contractors, and the surrounding communities are of paramount
importance to us. As such, Arbor continues to closely monitor the
wildfire situation and is collaborating with regulatory authorities
to ensure that all necessary health and safety measures are in
place during the work program.
“Our thoughts are with the communities affected
by the wildfires, and we extend our deepest gratitude to the brave
firefighters and all those who have tirelessly worked to bring the
fires under control,” said Mark Ferguson, CEO of Arbor. “We are
pleased to hear that the forest entry ban has been lifted, allowing
us to resume our work program with helicopter access. We are
committed to conducting our operations in a responsible and safe
manner.”
As the Company prepares to deploy to complete
this work program, Arbor is also actively planning its winter work
program. The team is eager to reach the site and initiate the
planned activities. The Company will provide further updates as the
crews reach the site and work operations begin.
Arbor is dedicated to responsible resource
development and is well-positioned to play a crucial role in
supplying the necessary lithium to support the electrification of
transportation and the transition to a sustainable future. The
Company's focus on sustainable growth, innovation, and strategic
partnerships will continue to drive its efforts in meeting the
increasing demand for lithium in Canada's EV industry.
Dr. Peter Born, P.Geo., is the designated
qualified person as defined by National Instrument 43-101 and is
responsible for and has approved the technical information in this
release.
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 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.
For further information, contact Mark Ferguson,
Chief Executive Officer, at
info@arbormetals.com, or
403.852.4869, or visit the Company’s website at
www.arbormetalscorp.com.
On behalf of the Board,
Arbor Metals Corp.
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
This news release may contain certain
“Forward-Looking Statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities laws. When or if used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and similar words or
expressions identify forward-looking statements or information.
These forward-looking statements or information may relate to the
development of the Jarnet Lithium Project, and other factors or
information. Such statements represent the Company’s current views
with respect to future events and are necessarily based upon a
number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance, or achievements to be
materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking
statements. The Company does not intend, and does not assume any
obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in
circumstances or any other events affecting such statements and
information other than as required by applicable laws, rules and
regulations.
MRKT360 INChttps://mrkt360.comAlex Zertuchealexz@mrkt360.comFor
E.S.T Office Hours, Call 1 416-477-0587
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1ac9c34f-6084-4782-a8ec-1c2f30b35a1a
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