Arras Minerals Drills 261 Metres @ 0.64% CuEq In First Holes at Berezski Central Target - Elemes Project, Kazakhstan

About this update from Arras Minerals Corp

[{"type":"text","content":"Arras Minerals Drills 261 Metres @ 0.64% CuEq In First Holes at Berezski Central Target - Elemes Project, KazakhstanVANCOUVER, BC / ACCESSWIRE / January 15, 2025 / Arras Minerals Corp. (TSXV: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.HighlightsEL24001: 261 m of mineralization grading 0.64% copper-equivalent (\"CuEq\") (0.39 g/t gold(\"Au\"), 0.24 % copper (\"Cu\") starting from the 22 m.Including: 69 m grading 0.85% CuEq (0.39g/t Au, 0.42% Cu) starting at 22 m & 48 m grading 1.00 % CuEq (0.77g/t Au, 0.25% Cu) starting at 157 mDrill-hole ended in mineralizationEL24002: returned 102 m of mineralization grading 0.45g/t gold-equivalent (\"AuEq\") (0.31 g/t gold(\"Au\"), 0.11 % copper (\"Cu\")) starting at 2 m.Including: 34 m grading 0.60 g/t AuEq (0.32g/t Au, 0.13% Cu) starting at 2 m.EL24003: 264 m of mineralization grading 0.30g/t gold-equivalent (\"AuEq\") (0.17 g/t gold(\"Au\"), 0.09 % copper (\"Cu\")) starting from 41 m.Including: 30 m grading 0.46g/t AuEq (0.25g/t Au, 0.16% Cu) starting at 263 m.Tim Barry, CEO of Arras Minerals noted,\"We're excited by these initial holes at the Berezski Central target at Elemes. The drill holes are mineralized over their entire lengths, and logging indicates mineralization is predominantly hosted in argillic and phyllic altered diorites, suggesting that these holes have drilled the large pyrite halo peripheral to the core of a large porphyry system. Starting at approximately 50-100m depth, we a...

More updates from Arras Minerals Corp