VANCOUVER, British-Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- 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,
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
