Map of Arbor Metal Corp.’s Jarnet Lithium Claims
VANCOUVER, British Columbia, Sept. 04, 2023 (GLOBE NEWSWIRE) — Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) announces the resumption of exploration activities at its Jarnet Lithium project in Quebec, following the lifting of closures imposed due to wildfires in the region. The company’s exploration team is preparing to return to the field in the coming days and is assembling the necessary equipment to commence the upcoming work program.
Despite the challenges posed by the wildfire closures, Arbor remains committed to advancing its 2023 exploration program. The company’s dedicated team has developed a revised plan that ensures the successful execution of the program while accommodating the delays caused by the wildfires. The strategic adjustments underscore the company’s determination to meet its exploration objectives.
Mark Ferguson, President and CEO of Arbor expressed his gratitude to the exploration team for their dedication and resilience in devising a comprehensive plan that overcomes the setbacks caused by the wildfire closures. He also extended his heartfelt appreciation to the fire and safety crews who worked tirelessly on the front lines to contain the wildfires and protect communities.
“We are immensely thankful to our exploration team for their unwavering commitment and creative problem-solving,” said Ferguson. “Their dedication has enabled us to adapt and ensure the successful completion of our 2023 exploration program. We also extend our gratitude to the courageous fire and safety crews who have been working tirelessly to safeguard the region.”
Arbor is excited to resume exploration activities and further advance its Jarnet Lithium project. The company’s exploration efforts will be focused on studying high-value targets within the project area, building on the momentum generated by the recently announced CV5 lithium pegmatite resource.
“We are eager to get back to work and continue advancing our Jarnet Lithium project,” added Ferguson. “Our team’s resilience and determination, coupled with the support of the fire and safety crews, have positioned us to achieve our exploration goals for 2023.”
Arbor remains committed to providing regular progress updates as the exploration program unfolds.
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.
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 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.
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