Arras Minerals drills 154 m of 1.09% CuEq at Elemes
Executive Summary
- Arras Minerals announced a significant intercept of 154 m grading 1.09% CuEq (including 118 m at 1.38% CuEq) from hole EL25014A on the Berezski North target.
- The drill results confirm a large, well‑developed hydrothermal system along the 8.8‑km Berezski trend and add to previous high‑grade intercepts (e.g., 547 m @ 0.70% CuEq, 578 m @ 0.42% CuEq).
- Phase II of the Elemes drill program continues with two rigs active; eight holes completed to date with further drilling scheduled through year‑end and into 2026.
Key Details
- Hole EL25014A:
- Total mineralized interval – 154 m @ 1.09% CuEq (0.29% Cu, 0.72 g/t Au) starting at 130 m depth.
- Sub‑intervals:
- 118 m @ 1.38% CuEq (0.36% Cu, 0.91 g/t Au) from 130 m depth.
- 24 m @ 2.32% CuEq (0.42% Cu, 1.73 g/t Au) from 144 m depth.
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Historical comparison: Hole EL24005 previously reported 547 m @ 0.70% CuEq from 14 m depth; Berezski Central target yielded 578 m @ 0.42% CuEq.
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Hole EL25015:
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Drilled 1 km north of the Berezski North target to test a Cu‑Mo soil anomaly. Intersected altered andesites, diorite dikes, and a weak‑to‑moderate propylitic diorite body from 228 m to 499.5 m depth; only localized weak mineralization observed.
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Phase II Drill Program (Elemes):
- Commenced late June 2024; total planned length 20,000 m.
- Two rigs currently active on the Berezski trend; eight holes completed, assays pending for several.
- Complementary magnetotelluric (MT) and gravity surveys underway to refine targeting.
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Drilling slated to continue through end‑2025 and into 2026.
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Project Overview:
- Elemes comprises two licences covering 531 km² in NE Kazakhstan, ~13 km SW of Ekibastuz, with excellent infrastructure (paved highway, 1,100 kVA power line, rail).
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Located within the Bozshakol‑Chingiz metallogenic belt near major deposits (Beskauga Cu‑Au‑Ag, KAZ Minerals’ Bozshakol mine).
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Qualified Person: Matthew Booth, VP Exploration, approved technical disclosure per NI 43‑101.
Notable Quotes
“Hole EL25014A underscores the quality of copper and gold mineralization at the Berezski North target… The presence of thick mineralized intercepts often starting at surface and with broad zones exceeding 0.8% CuEq is particularly encouraging.” – Tim Barry, CEO, Arras Minerals Corp.
Materiality Assessment: Material – Positive (significant new high‑grade drill intercepts that materially enhance the project's exploration outlook).