Arras Minerals Corporation. (TSX-V: ARK, OTCQB: ARRKF) (“Arras” or “Arras Minerals” or “the Company”) is pleased to provide initial results for the first 3 drillholes from the initial drill program on its Elemes project in Northeast Kazakhstan. All three holes were drilled at the Bereszki Central target and all holes intersected porphyry-style copper-gold mineralization starting from the surface. The Berezski Central target is located on the south part of the >8km long soil copper, molybdenum, arsenic anomaly centered on a zone of extensive intermediate argillic alteration hosted in altered diorites and andesites.
The Elemes project is located in the Bozshakol-Chingiz Magmatic arc and is 61 kilometres Southeast of Kaz Mineral’s Bozshakol Copper Mine (“Bozshakol”). The Bozshakol mine commenced operations in 2016 and in FY2023 produced 105,000t Cu & 115,000 oz Au per annum at US$0.95/lb Cu (net) cash costs. Reported reserves are 1.003Bt @ 0.33% Cu & 0.13 g/t Au.
miningdiscovery.com/2025/01/…
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