Arbor Metals Completes Budget FOR 2020 Work Programs at Rakounga GOLD Project
ARBOR METALS CORP.
Suite 2200, 885 West Georgia Street
Vancouver, British Columbia
V6C 3E8
NEWS RELEASE
ARBOR METALS COMPLETES BUDGET FOR 2020 WORK PROGRAMS
AT RAKOUNGA GOLD PROJECT
May 6, 2020 – Vancouver, British Columbia – Arbor Metals Corp. (the “Company”) (TSXV: ABR)
is pleased to announce that it has completed a budget for its exportation programs to be
conducted at its Rakounga Gold Project (the “Project”), located in Burkina Faso, West Africa.
The Company is currently working to finalize the details of the initial program, which is intended
to expand on the existing historical data on the Project. The Company anticipates commencing
work in the summer of 2020.
The Company does not anticipate that current market conditions will delay the commencement of
work at the Project and is in discussions with local contractors to advance the programs.
Additional information regarding the intended work programs, and development of the Project,
will be provided as it becomes available.
About the Rakounga Gold Project
The Rakounga Gold Project consists of an exploration permit covering a two-hundred-and-fifty
square kilometer area located along the Goren Greenstone Belt in central Burkina Faso. The
Company, through its wholly-owned subsidiary Kruger Gold Corp. (“Kruger”), holds the right to
acquire up to a one-hundred percent interest in and to the Project, subject only to pre-existing
royalty obligations. Kruger has control over operations conducted on the Project and will look to
expand on historical drilling and survey work conducted on the Project.
For further information, contact Mark Ferguson, Chief Executive Officer, at
[email protected], 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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program,
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.