Arras Minerals Unveils High-Grade Drilling Results at Elemes

Exciting Drilling Results from Arras Minerals Corp.

Arras Minerals Corp. (TSXV: ARK / OTCQB: ARRKF) has made significant strides in its exploration efforts at the Elemes Project. Recent drilling activities at the Berezski East Target have yielded promising results. Specifically, Hole EL25019 revealed an impressive 457.5 meters of mineralization, averaging 0.63 g/t gold-equivalent (AuEq).

Key Highlights from the Latest Drilling

The results from Borehole EL25019 start from the surface and exhibit notable mineralization, underscoring the potential of the Berezski area. Noteworthy intersections from this hole include:

• EL25019: 457.50m grading 0.63 g/t AuEq, starting at surface.
• Including: 231.0m grading 0.98 g/t AuEq, highlighting the significance of this target for further exploration.
• Additionally, another significant intersection includes 91m grading 1.77 g/t AuEq, starting at a depth of 88m.

Furthermore, Hole EL25017 intersected 37.0m grading 0.13 g/t AuEq, indicating a diverse range of mineralization across the exploration site.

Insights from Company Leadership

CEO Tim Barry expressed enthusiasm about the latest drill results, stating, "The intercept from Hole EL25019 confirms the strong potential of Berezski East to host vast zones of high-grade mineralization. The geologic features, such as potassic alteration and the presence of key copper minerals, suggest that we may be at the edge of a significant porphyry system. We’re dedicating efforts to explore where continuity can be seen across the Berezski region. Additional drilling is on the way!"

Details on Additional Drill Results

The extended drilling program includes results that validate Arras’ geological strategy at the Elemes Project. Both EL25019 and neighboring EL25017 showcase strong gold and copper potential which could lead to future economic development in this mining-friendly district.

Upcoming Exploration Plans at Elemes Project

Arras continues to advance its exploration initiative, which includes a comprehensive 20,000-meter diamond drill program. This extensive program builds on previous successes and aims to further delineate high-potential areas. The company has two active rigs at work on the promising Berezski Trend.

Alongside conventional drilling, Arras has implemented further data-collection methodologies including Magnetotellurics (MT) and gravity surveys. These advanced techniques will enhance target identification in the area.

Exploration OSites and Geology

The Elemes Project encompasses two broad exploration licenses spanning 531 square kilometers. Located near critical infrastructure, this area is ripe for exploration given its proximity to other significant mineral deposits. Our geological analyses highlight interbedded volcanic and sedimentary rocks that host valuable mineralization.

With a continued focus on advancing exploration targets within the project area, Arras is committed to maximizing the potential of its sites.

Frequently Asked Questions

What does recent drilling at the Elemes Project indicate?

Recent drilling has revealed high-grade gold and copper mineralization, particularly from Hole EL25019, indicating strong potential for future economic viability.

How many meters of drilling is planned for the Elemes Project?

Arras Minerals is currently engaged in a 20,000-meter drilling program at the Elemes Project, actively exploring various potential targets.

What geological features are being studied at Elemes?

Geologists are examining interbedded volcanic and sedimentary formations, along with signs of potassic alteration, which may indicate valuable mineral deposits beneath the surface.

How does Arras plan to utilize survey techniques?

The company is utilizing Magnetotellurics (MT) and gravity surveys to refine drilling targets and enhance its understanding of the geological landscape.

When can we expect further updates from Arras Minerals?

Arras aims to continue drilling and reporting results throughout the year, with subsequent updates expected in the near future as exploration advances.

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