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Arras Minerals Intercepts 778.2m @ 0.40% CuEq, Including 322.4m @ 0.51% CuEq on the Beskauga Licence, Northeastern Kazakhstan
VANCOUVER, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX.V: ARK) (“Arras”, or the “Company”) is pleased to announce assay resul
About this update from Arras Minerals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX.V: ARK) (“Arras”, or the “Company”) is pleased to announce assay results from holes Bg22014, Bg22015, & Bg22017 from the ongoing drill program at the Beskauga copper-gold deposit and surrounding area (“Beskauga” or the “Project”). Highlights Include: Bg22015: 778.2m of mineralization grading 0.40% copper-equivalent (“CuEq”) (0.31 g/t gold (“Au”), 0.13 % copper (“Cu”), 0.94 g/t silver (“Ag”) starting at 40.8m. Including: 95.2 m grading 0.61 % CuEq (0.47 g/t Au, 0.20% Cu, 1.27 g/t Ag) starting at 268.0m depth down-hole. Including: 322.4 m grading 0.51 % CuEq (0.40 g/t Au, 0.16% Cu, 1.15 g/t Ag) from 446.0m depth down-hole. Bg22014: 335.6m of mineralization grading 0.24 grams per ton (“g/t”) gold-equivalent (“AuEq”) (0.16 g/t Au, 0.05 % Cu, 0.39 g/t Ag, starting at 44.0 m to the end of the drill hole. Including: 7.0 m grading 1.57g/t AuEq (1.47 g/t Au, 0.06% Cu, 1.75 g/t Ag) starting at 44.0m depth down-hole. Including: 8.0 m grading 1.14g/t AuEq (0.56 g/t Au, 0.45% Cu, 1.12 g/t Ag) starting at 369.0 m depth down-hole. Bg22017: 499.8m of mineralization grading 0.22g/t AuEq (0.15 g/t Au, 0.05% Cu, 0.45 g/t Ag) starting at 32.5 m to the end of the drill hole. Including: 12.0 m grading 1.65g/t AuEq (1.27 g/t Au, 0.21% Cu, 3.28 g/t Ag and 204.63 ppm Mo) starting at 376.0m depth down-hole. Including: 7.7 m grading 1.14g/t AuEq (0.94 g/t Au, 0.09% Cu, 2.34 g/t Ag and 165.28 ppm Mo) starting at 465.3m depth down-hole. Consistent mineralization was seen for the entire length of hole Bg22015 (1,109.8m) and further defines a high-grade core to the Beskauga deposit within a lower grade halo. Holes Bg22014 & Bg22017 were drilled 3.2km to the south of the main Beskauga deposit and show widespread low-grade gold and copper mineralization and suggest another mineralizing system close-by. Very high molybdenum results were intercepted towards the bottom of hole Bg22017. Tim Barry, CEO of Arras, commenting on these latest results stated, “Our drilling on the Beskauga Project has continued to produce long intercepts of continuous copper-gold mineralization starting at a depth of 40 meters below the surface. Our recent drilling has demonstrated the continuity of the mineralization to over one kilometer of vertical depth and has defined a high-grade zone ...