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Arbor Metals Receives Drilling Permits FOR Jarnet Lithium Project

Permits & Approvals

NEWS RELEASE

ARBOR METALS RECEIVES DRILLING PERMITS FOR JARNET LITHIUM PROJECT

Vancouver, Canada – November 4th, 2024 – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR,

FWB: 432) is pleased to announce that is has received the ATI authorization for the Fall 2024 drilling

campaign on it wholly owned Jarnet Lithium project in the Corvette Lithium camp. The ATI authorization

was received following a consultation with the Cree Nation of Chisasibi.

Company president Mark Furgeson commented, “on behalf of the board of directors, I would like to take

this opportunity to express my heartfelt thanks to the Cree Nation of Chisasibi for their support of Arbor’s

exploration activities. The Cree Nation is an important stakeholder in the Corvette camp, and we look

forward to a long lasting and mutually beneficial relationship.”

The Jarnet project is located in the LG4 area, Eeyou-Istchee Baie James territory. The three claims blocks

are located respectively at 5 km northwest of Patriot Battery Metals principal lithium deposit. The 2024

drill program consists of 7 target zones which were selected after reviewing lithium anomalies in till,

magnetic contrasts and prospecting results. Among the targets zones to be drilled in the 2024 program is

the newly discovered molybdenum zone, where multiple off-scale (over 2.5% Mo) were collected: the

Prince Molybdenum showing. The first phase of the program will address targets with up to four 200m

holes with a limit of 3600m. The Company intends to deploy its field crew in the coming weeks and expects

to have results before the end of the year.

“At Arbor Metals, we are dedicated to conducting our exploration activities with the utmost regard for

environmental stewardship,” said Mark Ferguson, President and CEO of Arbor. “We adhere to strict

environmental guidelines and prioritize collaboration with local communities and Indigenous nations in

all our endeavors. The discovery of lithium across multiple areas of our project highlights our commitment

to supporting the growing demand for domestic lithium in the North American electric vehicle market.”

Arbor remains committed to responsible resource development and sustainable exploration practices. By

adhering to industry-leading environmental standards and fostering positive relationships with local

stakeholders, Arbor seeks to create long-term value while minimizing its environmental footprint.

Martin Demers, PGeo, registered in the Province of Québec (OGQ No. 770), a consultant to Arbor and a

qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects , has

reviewed the technical contents of this news release and has approved the disclosure of the technical

information contained herein.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining explora Ɵon company focused on developing high -value, geographically

significant mineral projects worldwide. Arbor is paving the way for advanced mineral explora Ɵon as it

oversees world-class mining projects. The Company is confident that combining quality projects with

proven strategies and a dedicated team will yield excepƟonal outcomes.

The Jarnet, CorveƩe Lake and St. Pierre lithium project s, located in the James Bay region of Quebec,

comprises 83 map-designated claims, covering an area of approximately 5,606 hectares. The projects are

conƟguous to the Corve Ʃe-FCI property, where diamond drilling has confirmed significant lithium

mineralizaƟon represenƟng one of the highest-profile lithium exploraƟon projects in the sector.

The Kemlee Lake Lithium project is strategically located three kilometers east of Rock Tech Lithium Inc.'s

Aumacho claim blocks and twelve kilometers south of the Georgia Lake Project. The Project shares many

geological similariƟes with the prolific Georgia Lake deposit, including bedrock geology and the presence

of massive intrusive dykes. The primary target at the Project will be spodumene- bearing pegma Ɵtes

hosted in metasediments.

For further informaƟon, contact Mark Ferguson, Chief ExecuƟve Officer, at [email protected], or

403.852.4869, or visit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief ExecuƟve Officer

Neither the TSX Venture Exchange nor its Regula Ɵon 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 SecuriƟes LiƟgaƟon Reform Act of 1995 and applicable Canadian securi Ɵes laws. When or

if used in this news release, the words “an Ɵcipate” , “believe”, “esƟmate”, “expect”, “target, “plan”,

“forecast”, “may”, “schedule” and similar words or expressions iden Ɵfy forward -looking statements or

informaƟon. These forward -looking statements or informa Ɵon may relate to further exploraƟon of t he

Jarnet Lithium Project and other factors or informaƟon. Such statements represent the Company’s current

views with respect to future events and are necessarily based upon a number of assumpƟons and esƟmates

that, while considered reasonable by the Company, are inherently subject to significant business, economic,

compeƟƟve, poli Ɵcal and social risks, con Ɵngencies and uncertain Ɵes. 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 obliga Ɵon, to update these forward -looking

statements or informa Ɵon to reflect changes in assump Ɵons or changes in circumstances or any other

events affecƟng such statements and informa Ɵon other than as required by applicable laws, rules and

regulaƟons.