Arbor Metals Receives High-Resolution Satellite Imagery Report for Jarnet Lithium Property in James Bay, Quebec
16 Mayo 2023 - 1:00AM
Arbor Metals Corp. (
“Arbor” or the
“
Company”) (TSXV: ABR, FWB: 432) is pleased to
announce it has received the high-resolution satellite imagery
interpretation report for its Jarnet Property, which comprises four
separate blocks located in the James Bay region of Quebec. The
Jarnet lithium project includes 70 designated map claims, spanning
over an estimated 3,759 hectares.
The detailed analysis was
conducted by DIRT Exploration, based in Cape Town, South Africa.
The study incorporated Long-Wave Infrared (LWIR), Visible Near
Infrared (VNIR), Infrared (SWIR), and Synthetic Aperture Radar
(SAR) imagery. The report's findings will be utilized alongside
historical assessments and regional data from the Jarnet claim
blocks to streamline Arbor Metals’ upcoming summer exploration
initiatives.
The Jarnet South block is
situated less than two kilometres northwest of the CV-5 pegmatite
target owned by Patriot Battery Metals Inc. ("PMET"), where a
comprehensive diamond drill program has led to numerous significant
discoveries. In their recent press release (PMET, March 29, 2023),
PMET unveiled a high-grade extension (Nova Zone) of the CV 5
target, with an average of 3.13% Li2O (lithium oxide) over 87.7
meters, including a 19.8-meter stretch averaging 5.28% Li2O.
Note: the company's
management highlights that the discoveries and observations on
nearby properties do not necessarily predict similar geological or
mineralization presence on the company's properties.
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 contained in this
release.
ABOUT THE COMPANY
Arbor Metals Corp. is a mining
exploration firm dedicated to the evolution of high-value,
geographically significant mineral projects worldwide. It stands at
the forefront of advanced mineral exploration, managing global
mining projects of exceptional calibre. Arbor's philosophy is
centred around blending quality projects with sound strategies and
a professional team to yield superior outcomes. The company
currently oversees three standout mineral projects.
Located in the James Bay region of Quebec, the
Jarnet lithium project comprises 47 map-designated
claims, spanning an area of around 3,759 hectares. The project
adjoins the Corvette-FCI property, where diamond drilling has
confirmed substantial lithium mineralization, making it one of the
most high-profile lithium exploration endeavours in the
industry.
For further information, contact Mark Ferguson,
Chief Executive Officer, at
info@arbormetals.com, 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, the assessment of
samples from that 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.
Contact
Data
CONTACT:
MRKT360 INC
https://mrkt360.com
Alex Zertuche
alexz@mrkt360.com
For E.S.T Office Hours, Call 1 416-477-0587
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3618b042-01cc-4fdc-9dc6-19987e9bc55d
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