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Arras Minerals Completes a Regional-Scale Airborne Magnetics Survey in Northeastern Kazakhstan
VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce the successf
About this update from Arras Minerals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce the successful completion of a 92,400 line-kilometer high-resolution airborne magnetics survey. The Company now has contiguous airborne magnetic data covering the entirety of its exploration licences that cover a total of 3,028 square kilometers in northeastern Kazakhstan. Highlights: Completion of a regional-scale, high-resolution airborne magnetics survey totaling 92,400 line-kilometers. Post-survey processing of the survey data and 3D inversion over selected areas completed. The final data products have now been received. Initial interpretation has identified multiple targets for porphyry, epithermal, volcanic-hosted massive sulfide (“VHMS”), and orogenic gold mineralization. Detailed structural interpretation is ongoing. Commenting on the completion of the survey, Tim Barry, CEO of Arras stated, “This is one of the largest airborne geophysical surveys flown in Kazakhstan in recent years. Despite being positioned in a productive copper-gold belt, the survey represents the first time that many of our exploration licence areas have been flown by geophysics in over 60 years. Acquisition of the new airborne magnetics dataset is a major first step in understanding the geology and mineral potential of our licences, many of which are covered by 20 - 40 meters of unconsolidated overburden. 3D inversion and initial analysis of the resulting data have already yielded several compelling targets, especially for porphyry and epithermal mineralization that will be investigated by our field crews this summer. An exciting pipeline of new copper-gold prospects is sure to develop as a result of this survey.” Airborne Magnetic Survey Summary Data acquisition was conducted during Q4-2021 and Q1-2022 by “SPC GEOKEN LLP”, one of the leading geophysical service companies in the Republic of Kazakhstan. The 71,400 line-kilometer high-resolution airborne magnetics survey covers the Company’s Maisor, Aktasty, Elemes, Norgubek, and Akkuduk exploration licenses (see Figure 1). This builds upon an earlier 21,000 line-kilometer airborne magnetic survey over the Company’s Beskauga, Stepnoe, and Ekidos exploration licenses completed by the same contractor in H12021. Arras now has over 3,028 square kilometers of ...