Arras Minerals Corp · TSXV:ARK
Arras Minerals — Investor Presentation (November 2026)
41 slides from Arras Minerals's investor presentation, November 2026
Slide 1: The Right Place at the Right Time
THE RIGHT PLACE AT THE RIGHT TIME Capitalizing on an early-mover presence in an emerging tier-one, ARK:TSX-V ARRKF:OTCQB 1 critical minerals jurisdiction: KAZAKHSTAN November 2026
Slide 2: Forward looking statements & disclaimer
Forward looking statements & disclaimer Cautionary note regarding forward looking statements: Certain statements, other than statements of historical fact, contained in this presentation constitute “forward-looking information” within the meaning of applicable securities laws, including the Securiti
Slide 3: Technical Disclaimer
Technical Disclaimer To the knowledge of management of the Company, there are no known legal, political, environmental, or other risks that could materially affect the exploration and, if merited, development of the Company’s projects; however, readers are also advised to refer to the Company’s disc
Slide 4: Leadership team
Leadership team Team with in-country knowledge and deep porphyry experience Directors Brian Edgar Chairman Wes Carson Director Vera Kobalia Director Daniel Kunz Director Scott Heffernan (P.Geo) Director Corporate & Securities lawyer with Currently VP of Mining Operations at Founder of Kobalia Consul
Slide 5: Capital structure
Capital structure (as at 1 Oct, 2026) Shares Outstanding 143,619,781 Stock Options & RSU/DSUs 9,136,238 Warrants nil Fully Diluted 152,756,019 Insiders Cash ~C$24m Western-Based Mining Market Capitalization ~C$200m Company (unnamed) 6% 8% Family Analyst Coverage Analyst Watchlist 9% Offices / Retail
Slide 6: Critical Minerals + Low Cost Energy = Race to Invest in Central Asia
Critical Minerals + Low Cost Energy = Race to Invest in Central Asia “ Central Asia has just not gotten the level of attention from US$10B in AI and digital infrastructure with U.S. based or policymakers over the last 20 years that it deserves. But Firebird & NVIDIA for Ekibastuz AI Hub (Kazakhstan)
Slide 7: Arras - Capitalizing on the Early Mover Status in Kazakhstan
Arras - Capitalizing on the Early Mover Status in Kazakhstan Kazakhstan is quickly evolving into a strategic global partner for critical minerals and energy security Pre 2018 2019 2020/21 2022 2023 2024 2025 "Kazakhstan is a large Announces 2 of 6 Teck makes country with enormous companies in BHP En
Slide 8: Kazakhstan – Where Major Mineral Belts Collide
Kazakhstan – Where Major Mineral Belts Collide • Major mineral Belts hosting large-scale Cu & Au deposits across the region • 3500 km of porphyry belts spread across 3 productive Belts in Kazakhstan • Arras Projects area (Pavlodar Region) benefit from existing large-scale mining operations and excel
Slide 9: Kazakhstan overview
Kazakhstan overview Mining powerhouse • Modernized mining code in 2018 based on the Nearby Bozshakol Copper Mine (produces Western Australian Mining Law >100,000 tpa Cu) • Competitive Fiscal Terms • 20% Corporate tax + 4.7% royalty on Cu & 5% on precious metals • 12% VAT is refundable for exploratio
Slide 10: Kazakhstan Cost Advantage
Kazakhstan Cost Advantage The Lowest Costs to Build and Operate Globally • Kazakhstan Cost Advantage • ~$110/m core drilling • ~US$0.55/litre Diesel • US 4 cents/kWh Power • Highly Skilled Workforce Case Study : Bozshakol Copper Mine Built : 2016 (US$2B) Mine Life: ~35 years Processing: 30 Mtpa Rese
Slide 11: Extensive 2025-2026 Exploration Programs Across 3,300 Sq Km License Package
Extensive 2025 -2026 Exploration Programs Across 3,300 Sq Km License Package • Multiple Geophysics programs across the license packages covering: IP, Ground Magnetics, Magnetotellurics (MT) & Gravity surveys – Completed Q4 2025 • ~60,000m of drilling expected to be completed by end of 2026 across en
Slide 12: Elemes Project (530 km2)
Elemes Project (530km 2) Location: 20km SW from Ekibastuz (125K pop), with excellent amenities and infrastructure. Mining Region with multiple operating mines. ~250m a.s.l Geology: Series of dioritic intrusions into interbedded intermediate volcanic and sedimentary rocks. Deposit Type: Large zoned m
Slide 13: Berezski Trend (Elemes) - Three Porphyry Centres and Growing
Berezski Trend( Elemes ) - Three Porphyry Centres and Growing in < 24 months Berezski Trend • 2026 Diamond Drill Program - 40,000m+ focused on expanding scale at Berezski Trend • 4 Diamond Drill Rigs Operating • KGK Drill Program (Top of Bedrock) evaluating new potential targets under shallow cover
Slide 14: Elemes Project – Berezski Trend 2025-2026 Drill Program
Elemes Project – Berezski Trend 2025 -2026 Drill Program • Three Porphyry centers (Berezski North & Berezski Central & Berezski East) Berezski North • Initial results from Q1 2025 followed up with Phase 2 (~50,000m drill program (H2 2025/ 2026)) Highlights to date Berezski North EL24005 – 547m @ 0.7
Slide 15: Berezski North – 600m of Strike Extent with Good Grades from Surface
Berezski North – 600m of Strike Extent with Good Grades from Surface • Near-surface high-grade copper-gold mineralization across broad intervals • Hydrothermal breccias and diorites exhibiting porphyry-style veining and alteration • Approximately 600m of strike NW-SE • Hole EL26032 and EL26033 were
Slide 16: Berezski North - long cross section A-A'
Berezski North - long cross section A -A’ • Drill hole EL26032 - 935.9m grading 0.71% CuEq (0.51 g/t Au and 0.19% Cu) from surface, including 214.9m grading 1.42% CuEq (1.01 g/t Au and 0.41% Cu) starting at 162.1m depth. Open • Drill hole started in Tourmaline breccia and at 380.8m it Open intersect
Slide 17: Berezski North – Near surface breccia zone with underlying porphyry
Berezski North – Near surface breccia zone with underlying porphyry Berezski North target showing completed drill holes over reduction-to-pole ("RTP") ground magnetic survey data. Notes: Copper and gold equivalent calculations use the following metal prices: US$3.75/lb copper, US$3,000/oz gold, US$3
Slide 18: Berezski Central – Extending the Mineralization Footprint
Berezski Central – Extending the Mineralization Footprint Berezski Central (750m x 500m) and Growing • Drilling continues to intersect broad zones of near-surface copper-gold mineralization • Current footprint of approximately 750m x 500m • Open in all directions Berezski East • ~1000m to the east o
Slide 19: Berezski East – 3rd Porphyry Centre in the Trend
Berezski East – 3rd Porphyry Centre in the Trend • April 2026 – Hole EL26031 intersected a broad zone (424m @ 0.50 g/t Au & 0.12% Cu (from 9m) of porphyry style alteration but with new fault zone at 315m depth where quartz-magnetite- chalcopyrite veining increases materially • KGK drill program (6,0
Slide 20: Berezski Trend – Multiple systems and extending under cover
Berezski Trend – Multiple systems and extending under cover (Top of Bedrock Drilling) KGK Drill Program (Top of Bedrock) • 1,000m (2025) 6,000m (2026) • Shallow cover across entire ~10 km Berezski Trend means very little-no geology present at surface • KGK drilling has proven to be a successful vect
Slide 21: K-Ozek (Epithermal)
K -Ozek (Epithermal) Higher Level Epithermal Part of Hydrothermal System • High-grade gold within structurally down-dropped block preserved between Berezski North and Berezski Central • Demonstrates > 7km of mineralization across trend and growing • Deeper porphyry potential yet to be tested 21
Slide 22: Central Asian Orogenic Belt (CAOB) – Land of Giants
Central Asian Orogenic Belt (CAOB) – Land of Giants • CAOB hosts numerous large scale porphyry deposits across Mongolia, Kazakhstan and Uzbekistan • Oyu Tolgoi, Bozshakol, Kounrad, Elemes all located on the same terrane 22
Slide 23: Two Similar Porphyry Trends on the same Mineralogical Belt
Two Similar Porphyry Trends on the same Mineralogical Belt Berezski BerezskiTrend Trend Oyu Tolgoi Trend • Structurally Controlled ~10+ km Corridors • Multiple Porphyry Centres • Limited to No d Berezski North Km ren Berezski North surface geology ki T 11 ezs Ber K-Ozek K-Ozek Berezski Central Berez
Slide 24: Oyu Tolgoi Discovery – A Model of Patience and Persistence
Oyu Tolgoi Discovery – A Model of Patience and Persistence • Magma Copper → BHP→ Ivanhoe • Initial South Oyu Tolgoi/Central Oyu Tolgoi followed by geophysics and deeper drilling resulting in Hugo Dummett Discovery (Hole OTD269 was Discovery hole) • Open Pit and Underground Deposits • Different level
Slide 25: Other Advancing Targets Across 3,300 sq km License Package
Other Advancing Targets Across 3,300 sq km License Package Bozshakol Group • US$5m (2 year) Generative Exploration Program was completed in Dec 2025 through funding from Teck Resources Limited across 1,900 sq km license package • Geophysics, Geochemistry (Soils & Top of Bedrock drilling(KGK)) & ~520
Slide 26: Other Projects – Bozshakol Group
Other Projects – Bozshakol Group • Three new porphyry discoveries along 54 km parallel trend with Bozshakol copper-gold mine • First comprehensive exploration initiative undertaken in area since Soviet-era 26 • Priority Targets identified for followup geophysics, KGK drilling and diamond drilling in
Slide 27: An Early-Mover with a Strategic and Methodical Approach to Discovery
An Early -Mover with a Strategic and Methodical Approach to Discovery Focused strategy on generating large-scale copper targets for drill-testing First North American Copper-Focused Junior to Arrive in 2021 Kazakhstan under New Mining Law Review Historical Soviet Reports→ Acquire Significant Cu Focu
Slide 28: Elemes: A Methodical Exploration Approach
Elemes : A Methodical Exploration Approach • Elemes (Berezski Trend) Initial Results in Jan 2025 • Ramped up from 1-> 2 -> 4 drill rigs 2024 – 4,000m drilled 2025 – 10,000m drilled 2026 – 40,000m to drill • Berezski Trend covering approximately 15 sq km of target area Source : Haywood Securities Res
Slide 29: The Right Place…The Right Time
The Right Place…The Right Time Continue to Leverage First-Mover Advantage in a “New” Tier One Country for Critical Minerals The World is Coming • Kazakhstan is clearly becoming a strategic partner for critical minerals globally • Kazakhstan Cost Advantage is one of the differentiators…. US$0.55/l di
Slide 30: If you haven't been to Kazakhstan in the last five years…
“ If you haven’t been to Kazakhstan in the last five years…. You haven’t been to Kazakhstan.” Capital City – Astana, Kazakhstan 30
Slide 31: Berezski North – Vectoring to the core of the system
Berezski North – Vectoring to the core of the system Isometric long section looking north through the Berezski North target, showing completed drill holes, planned drill hole (red) and modelled sulphide mineralogy over the -500m RL gravity Long section through the Berezski North target showing Arras
Slide 32: Berezski North - cross section B-B'
Berezski North - cross section B -B’ Drill Hole EL26032 – Selected Core Photos Open 32
Slide 33: Berezski North - Induced polarization (IP) & Ground Magnetics
Berezski North - Induced polarization (IP) & Ground Magnetics • Prominent 2km x 2km chargeability high anomaly • Magnetic-low response that almost perfectly coincides with the IP surrounding the current drilling area. chargeability high envelope at Berezski North. • Anomaly begins at surface and by
Slide 34: Novii Target – 2 km Southwest of Berezski Central
Novii Target – 2 km Southwest of Berezski Central Elemes gravity survey showing identical gravity low signatures (black Novii Target showing completed and planned drill-holes overlain on ground magnetic data (reduced to pole) contour) of Novii target and Berezski Central that is hosting significant
Slide 35: Corporate Social Responsibility
Corporate Social Responsibility • Kazakhstan’s Climate Change Policy is committed to net-zero greenhouse gas emissions by 2060 • Kazakhstan ranks in the top 35% of countries measuring total progress towards achieving Sustainable Development Goals (SDGs). The country has achieved 71.6% of their SDGs
Slide 36: Elemes Project News Release References
Elemes Project News Release References Intersection Interval Au Cu Ag Mo CuEq AuEq Intersection Interval Au Cu Ag Mo Hole ID Hole ID From (m) To (m) (m) (g/t) (%) (g/t) ppm (%) (g/t) From (m) To (m) (m) (g/t) (%) (g/t) ppm EL24001 0.00 476.50 476.50 0.25 0.17 0.7 57 0.44 0.47 EL24005 14.0 561.0 547.
Slide 37: Elemes Project News Release References
Elemes Project News Release References Intersection Interval Au Cu Ag Mo Intersection Interval Au Cu Ag Mo CuEq AuEq Hole_ID Hole_ID From (m) To (m) (m) (g/t) (%) (g/t) ppm From (m) To (m) (m) (g/t) (%) (g/t) ppm (%) (g/t) EL25014A 130.0 284.0 154.0 0.72 0.29 3.43 53.5 EL25018 52.0 244.0 192.0 0.19
Slide 38: Elemes Project News Release References
Elemes Project News Release References AuE Intersection Interval Au Cu Ag Mo CuEq Hole_ID q From (m) To (m) (m) (g/t) (%) (g/t) ppm (%) (g/t) EL25021 0.0 400.0 400.00 0.08 0.01 0.50 28.61 0.15 0.13 Including 42.0 97.0 55.00 0.11 0.11 1.04 70.97 0.26 0.22 Including 238.0 284.0 46.00 0.07 0.14 0.51 75
Slide 39: Elemes Project News Release References
Elemes Project News Release References 39
Slide 40: Elemes Project News Release References
Elemes Project News Release References 40
Slide 41: Corporate Inquiries
CORPORATE INQUIRIES: 604.687.5800 info@arrasminerals.com Suite 1508 – 999 West Hastings St Vancouver, BC V6C 2W2 www.arrasminerals.com
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