- Arbor Metals (TSXV:ABR) is announcing results from its phase-II till and channel sampling programs at its Jarnet lithium project in central Quebec
- The results have guided the company to multiple drill targets for the inaugural fall 2024 program
- Arbor Metals is a junior miner dedicated to developing high-value, geographically significant mineral projects across the world
- Arbor Metals stock has given back 76.22 per cent year-over-year, driven by lithium’s steep drop in price since November 2022, but remains up by 1,200 per cent since 2019
Arbor Metals (TSXV:ABR) is announcing results from its phase-II till and channel sampling programs at its Jarnet lithium project in central Quebec.
The results led Arbor to identify multiple drill targets for the inaugural fall 2024 program, including numerous lithium zones in previously explored sections, as well as in the recently acquired Corvette Lake and St. Pierre claims. Arbor also uncovered and channel sampled a significant vein bearing molybdenum and bismuth.
The Jarnet, Corvette Lake and St. Pierre lithium projects encompass 83 map-designated claims over a combined 5,606 hectares in the James Bay region of Quebec. The projects are contiguous to Patriot Battery Metals’ (TSX:PMET) Corvette-FCI property, whose large-scale lithium mineralization has attracted global interest.
Till program
Arbor’s phase-II till program overlapped with the pegmatite discoveries on the Jarnet 1 and other Jarnet claims block reported on April 30, 2024, which graded between 40 parts per million (ppm) to 210 ppm lithium, 30 ppm to 195 ppm cesium, 10 ppm to 87 ppm tantalum, with rubidium values in excess of 700 ppm.
The company took samples around large pegmatite dyke swarms with strong magnetic contrasts and anomalous mineralization between 5 and 8 km north and 1.5 km northwest of Patriot Battery Metals’ Corvette 5 deposit.
Results from 302 samples indicate lithium enrichment up to 10 ppm, warranting follow-up work, “especially in areas near northeast mafic dykes already apparent on the magnetic survey,” according to Wednesday’s news release.
Channel sampling program
Arbor took 116 channel samples over a combined 72.4 metres from pegmatite outcrops identified in 2022. The program covered a strike length of approximately 1 km, yielding highlight lithium results between 113 and 157 ppm across 5 samples.
The company also uncovered molybdenum (Mo) clusters grading over 2.5 per cent across multiple samples. Here are the highlights:
| Samples |
LENGTH |
UTMnad83_x |
UTMnad83_y |
Mo |
BI |
| 00878 |
0.5 |
573070 |
5937002 |
>2.5% |
0.29% |
| 125223 |
0.9 |
572992 |
5937144 |
0.79% |
0.046% |
| 127799 |
0.6 |
572993 |
5937136 |
>2.50% |
0.88% |
| 127800 |
0.6 |
572993 |
5937136 |
1.17% |
NS |
| 127872 |
0.7 |
572995 |
5937122 |
>2.5% |
0.23% |
| 127873 |
0.7 |
572995 |
5937125 |
>2.5% |
0.26% |
(Source: Arbor Metals)
Drilling plan
Arbor plans to spin its drill bits in the fall guided by numerous lithium and molybdenum targets based on outcrops, till anomalies and a prospective polymetallic signature indicated in the assays with strong bismuth, tungsten and copper values.
Leadership insights
“At Arbor Metals, we are dedicated to conducting our exploration activities with the utmost regard for environmental stewardship,” Mark Ferguson, Arbor Metals’ president and chief executive officer, said in a statement. “We adhere to strict environmental guidelines and prioritize collaboration with local communities and Indigenous nations in all our endeavours. 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.”
About Arbor Metals
Arbor is a junior miner dedicated to developing high-value, geographically significant mineral projects across the world. Besides its Jarnet project, Arbor also holds the Kemlee Lake lithium property, which is only 3 km east of Rock Tech Lithium’s (TSXV:RCK) Aumacho claim blocks and 12 km south of its Georgia Lake project (pre-tax net present value (8 per cent) US$223 million).
Arbor Metals stock (TSXV:ABR) last traded at C$0.39 per share. The stock has given back 76.22 per cent year-over-year – driven by lithium’s steep drop in price since November 2022 – but remains up by 1,200 per cent since 2019.
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(Top photo of Arbor Metals’ Jarnet lithium project in Quebec: Arbor Metals)