ARRAS MINERALS DRILLS 457.5 METERS GRADING 0.63 g/t AUEQ (THAT INCLUDES 231.0m GRADING 0.98 g/t AUEQ) FROM SURFACE ON BEREZSKI EAST TARGET

Executive Summary
- Hole EL25019 intersected a massive 457.5 m of mineralization grading 0.63 g/t AuEq from surface, including a high‑grade 231 m interval at 0.98 g/t AuEq and a 91 m zone at 1.77 g/t AuEq.
- Hole EL25017 returned 37 m @ 0.13 g/t AuEq with a notable 9.5 m sub‑interval grading 0.55 g/t AuEq, confirming continuity of the Berezski East porphyry system.
- The company announced ongoing Phase II drilling (≈20,000 m planned), expanded MT and gravity surveys, and upcoming high‑density top‑of‑bedrock drilling to delineate a larger Cu‑Au porphyry target.
Key Details
- EL25019 – Full interval: 0–457.5 m, 0.61 g/t Au, 0.10 % Cu → 0.63 g/t AuEq.
- EL25019 – Surface zone (0‑231 m): 0.97 g/t Au, 0.13 % Cu → 0.98 g/t AuEq.
- EL25019 – High‑grade interval (88‑179 m): 1.79 g/t Au, 0.19 % Cu → 1.77 g/t AuEq.
- EL25017 – Main interval (91‑128 m): 0.11 g/t Au, 0.02 % Cu → 0.13 g/t AuEq.
- EL25017 – Sub‑intervals: 161‑171 m (0.09 g/t Au, 0.01 % Cu → 0.10 g/t AuEq) and 193‑202.5 m (0.48 g/t Au, 0.08 % Cu → 0.55 g/t AuEq).
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Assay methodology: US$3,000/oz Au, US$3.75/lb Cu, US$35/oz Ag, US$30/lb Mo; 90 % metallurgical recoveries applied.
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Geological context: EL25019 intersected fine‑grained diorite with potassic alteration, bornite and chalcopyrite mineralization—indicative of a larger porphyry Cu‑Au system extending from Berezski Central to Berezski East.
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Exploration program status: Phase II drill program has delivered >6,000 m across 16 holes; two rigs continue drilling through year‑end with plans into 2026.
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Novii target update: Three holes (≈1,000 m) completed; pending assays expected next month. Discovery of porphyry‑style mineralization in hole NOV25003 prompted expansion of MT and gravity surveys by 102 stations, field work to continue through October.
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Survey results: Preliminary gravity data show a pronounced low coincident with copper‑gold mineralization at Berezski Central and an additional low northeast of EL25019, supporting the hypothesis of a central porphyry core.
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Future work: Detailed MT and gravity surveys underway; high‑density top‑of‑bedrock drilling slated for coming weeks to define geometry and scale of the system.
Notable Quotes
“Drillhole EL25019 has delivered an exceptional high‑grade gold‑copper intercept from surface, confirming Berezski East's strong potential to host broad zones of high‑grade mineralization.” – Tim Barry, CEO, Arras Minerals Corp.
All technical data prepared under the supervision of Matthew Booth, VP Exploration (Qualified Person, NI 43‑101).