Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results Neutral

Arbor Metal completes prospecting at Ernst

Arbor’s Ernst REE prospecting has concluded, with assay results pending as the company’s cash runway tightens.

Executive Summary

Arbor Metals Corp. (ABR) has completed its inaugural prospecting program at the wholly owned Ernst Rare Earth Element (REE) project in Northern Quebec. The field campaign focused on examining the property's principal showing and identifying new targets through radiometric surveying. This work builds on previous exploration by Golden Goliath Resources in 2023, which identified nine additional radioactive anomalies on the property.

The program included the collection of eight grab samples and the drilling of 10 backpack holes totaling 4.32 meters. Samples have been submitted to ALS Laboratories for analysis using the ME-MS71L method, with assay results pending. Management notes that radiometric responses identify exploration targets but do not establish rare earth element grades or economic potential. The technical disclosure was reviewed and approved by Qualified Person Francis R. Newton, PGeo.

Material Impact

Arbor Metals Corp. (ABR) has confirmed the completion of a planned field program, marking routine execution of the company's exploration calendar. The announcement aligns with the October 19, 2026 update, which redirected the fall 2026 field crew from Kemlee Lake to the Ernst project.

No assay results are provided in the release, meaning the market cannot yet evaluate the geological or economic viability of the Ernst project. Consequently, there is no immediate financial, operational, or valuation impact. The stock price reaction will be contingent on the pending ALS laboratory results. The release serves as an operational checkpoint rather than a catalyst, maintaining the current risk profile and exploration timeline.

ABR · Price
Company Overview

Arbor Metals Corp. (ABR) is an exploration-stage critical minerals company focused on lithium and rare earth elements in Canada, maintaining a historical portfolio that includes a gold concession in Burkina Faso. The company’s flagship projects include the Jarnet Lithium Project in Quebec, the Ernst REE Project in Quebec, and the Kemlee Lake Lithium Project in Ontario.

At the Jarnet site, drilling has delivered high-grade lithium intercepts up to 0.58% Li, alongside broad low-grade rare earth element mineralization across multiple drill holes. Meanwhile, the Ernst project has emerged as a newly prioritized rare earth element target featuring historical radiometric anomalies, with the company shifting its focus there for near-term exploration activities.

The Rakounga Gold Concession in Burkina Faso remains listed in the company’s investor presentation but has not been highlighted in recent operational updates, indicating a strategic pivot toward Canadian critical minerals.

Read the original news release →

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