Arbor Metals Secures Jarnet Lithium Project, IN Quebec, Canada
NEWS RELEASE
ARBOR METALS SECURES JARNET LITHIUM PROJECT, IN QUEBEC,
CANADA
Vancouver, Canada – January 24th, 2022 – Arbor Metals Corp. (the “Company”) (TSXV: ABR,
FWB: 432) announces that it has been granted the right to acquire the Jarnet Lithium Project,
located in the James Bay Region of Quebec, which consists of forty-seven map designated
claims, covering an area of approximately 2,430 hectares.
The Jarnet Project is contiguous to the Corvette-FCI Property, where diamond drilling has
confirmed significant lithium mineralization; hole (CF21-001) returned a 146.8 m interval of
near continuous pegmatite, assaying 0.93% Li2O and 114 ppm Ta2O5, including1.09% Li2O and
108 ppm Ta2O5 over 73.0 m, and 1.04% Li2O and 145 ppm Ta2O5 over 54.6 m. This interval
returned numerous samples over 2.0% Li2O, including a peak assay of 4.16% Li2O and 233 ppm
Ta2O5 over 1.01 m. (November 29, 2021)
Preliminary interpretations of geophysics and geological datasets suggest that the Jarnet
Lithium Project hosts extensions of lithium trend identified at the Corvette-FCI.
Mark Ferguson, President of the Company, commented “We are very pleased with the
acquisition. The Jarnet Lithium Project is a great addition to Arbor’s highly prospective projects
around the world. The Company is committed to identifying and advancing world class projects
that add significant value for the Company’s shareholders.”
The right to acquire the Jarnet Project was granted pursuant to a mineral property option
agreement (the “Option Agreement”) entered into with an arms-length vendor. Under the
terms of the Option Agreement, the Company can acquire all rights to the Project, subject to a
one percent net smelter returns royalty on commercial production to be granted to the vendor,
which can be purchased by the Company at any time for a cash payment of $1,000,000. In
order to exercise the option and acquire the Project, the Company must make a series of cash
payments and incur work expenditures on the Project over a three-year term.
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.
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About Arbor Metals Corp
Arbor Metal Corp . is a mining exploration company specializing in the development of high-
value, geographic significant mineral projects around the world. As industry leaders, we are
paving the way for advanced mineral exploration as we oversee world-class mining projects. We
believe quality project, combined with proven strategies and a professional team will deliver
superior results. We hold three exceptional mineral projects.
The Miller’s Crossing Lithium Project, comprised of approximately 3800 acres of contiguous
placer claims, located in the Big Smoky Valley, Esmeralda County, Nevada. The Big Smoky Valley
is located immediately north of the Clayton Valley, home to Albemarle’s Silver Peak Lithium Brine
Mine (in continuous operation since 1967.)
Jarnet Lithium Project , located in the James Bay Region of Quebec, which comprises of forty-
seven map designated claims, covering an area of approximately 2430 hectares. The Jarnet
project is contiguous to the Corvette-FCI Property, where diamond drilling has confirmed
significant lithium mineralization; hole (CF21-001) returned a 146.8 m interval of near continuous
pegmatite, assaying 0.93% Li2O and 114 ppm Ta2O5, including1.09% Li2O and 108 ppm Ta2O5 over
73.0 m, and 1.04% Li2O and 145 ppm Ta2O5 over 54.6 m. This interval returned numerous samples
over 2.0% Li2O, including a peak assay of 4.16% Li2O and 233 ppm Ta2O5 over 1.01 m. (November
29, 2021)
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.
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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.