Business
Arras Minerals Commences Regional Field Program on 3,300 sq. km License Package in Pavlodar, Kazakhstan
VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce the commencem
About this update from Arras Minerals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce the commencement of a regional field program across the more than 3,300 square kilometer license package it controls in Pavlodar, Kazakhstan. This program is a follow-up to the Company’s inaugural field program in 2022. Highlights of the Planned 2023 Regional Field Program: Planned soil sampling program to follow-up with 2022 program results focusing at Akkuduk, Besshoky, Nogurbek, Elemes, Aimandai and Bozshakol South licenses. More than 50,000 soil samples are planned, which will be analyzed using a portable X-ray fluorescent (pXRF) analyzer. Target Mapping will quickly follow up anomalies identified by the soil program. Where applicable, and to gain a deeper understanding of the geology and any identified mineralization, trenching will also follow up anomalous areas. An airborne geophysics (magnetics) program across the three newly acquired licenses (Besshoky, Aimandai and Bozshakol South) is planned for later this year. Tim Barry, CEO of Arras, commenting on the upcoming 2023 Regional Field Program, stated, “We were very pleased with the success of our inaugural field program last year and as a result have identified new, high-quality targets to be followed up on. With the lack of modern exploration activity across much of our license package and in many cases no known exploration activity at all over the past 30-40 years since the collapse of the Soviet Union, we are very excited about advancing on newly identified targets in the Bozshakol-Chingiz Magmatic Arc. The belt is proven to be productive with three known copper porphyries, two of which are highly profitable mining operations to go alongside Arras’ Beskauga deposit. While much of the belt possesses shallow unconsolidated cover, the soil sampling program has proven to be very effective on the licenses where there is some outcrop or subcrop that can be targeted and our geological understanding of the region has subsequently continued to expand rapidly since last year.” The Company has continued drilling this year on the Beskauga license with one core rig operating focused on expanding the mineral resource at Beskauga Main as well as testing additional targets on the license. The current drill program will pause in the comin...