Arbor Metals Identifies New Pegmatite Outcrops at Jarnet Lithium Project, Quebec, Canada
September 25 2023 - 2:00AM
Arbor Metals Corp. (“
Arbor” or the
“
Company”) (TSXV: ABR, FWB: 432) announces the
Company's exploration team, currently deployed on-site, has made
exciting discoveries in the north section of the Jarnet Lithium
Project. Multiple untested pegmatite outcrops have been identified
in this region, in close proximity to where the best samples from
previous exploration programs originated.
This latest development has prompted the
exploration team to allocate additional time and resources to this
part of the program. The team is now focused on thoroughly
examining and sampling these newfound pegmatite outcrops. Utilizing
the state-of-the-art Laser-Induced Breakdown Spectroscopy (LIBS)
laser spectrometer, the team will conduct in-depth analyses to
refine and pinpoint drill targets.
President and CEO of Arbor, Mark Ferguson,
expressed his enthusiasm for these discoveries, stating, "We are
incredibly excited about identifying these pegmatite outcrops in
our Jarnet Project. This development holds the potential to
significantly impact both our current exploration program and the
overall prospects of the Jarnet Lithium Project. Our team's
dedication and skill in making these discoveries are
commendable."
Arbor remains committed to conducting its
exploration and mining activities with the utmost regard for
environmental sensitivity and collaborating with local communities
and Indigenous groups. The Company acknowledges the importance of
responsible resource development in alignment with its corporate
values.
The exploration team will continue its diligent
work on-site, conducting further assessments and analyses, and the
Company will provide updates as the program progresses.
Technical aspects of this news release have been
reviewed, verified and approved by Dr. Peter Born, P.Geo, a
Director of Arbor and a qualified person as defined in NI
43-101.
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. Arbor currently oversees
three outstanding mineral projects.
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@arbormetalscorp.com, 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
planned project development, exploration programs, success of the
LIBS analytical approach 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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1ac9c34f-6084-4782-a8ec-1c2f30b35a1a
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