ARRAS MINERALS DRILLS 246.2 METERS GRADING 1.02 % CUEQ FROM NEAR SURFACE EXTENDING MINERALIZATION AT BEREZSKI NORTH TARGET (ELEMES PROJECT) IN KAZAKHSTAN
Drill Bit Confirms High-Grade Copper-Gold Core at Elemes as Arras Expands Second Porphyry System

The news release dated January 13, 2026, reports high-grade drilling results from the Berezski North target at the Elemes project in Kazakhstan. The standout intercept is hole EL25023, which returned 246.2 meters grading 1.02% Copper Equivalent (CuEq), including 0.75 g/t Gold (Au), starting from nearly at surface (0.8 meters). This hole extends the footprint of the Berezski North mineralized envelope to approximately 600 meters and remains open in multiple directions. Additionally, the company provided updates on Berezski Central, where hole EL25021 was terminated early due to mechanical issues, and Berezski East, which showed near-surface gold mineralization (47 meters at 0.42 g/t Au). Drilling is currently paused for the winter break and is scheduled to resume in February 2026.
This news is materially positive as it confirms the existence of a high-grade core ( >1% CuEq) within the Berezski North target, which is now emerging as a "second bonafide" porphyry system five kilometers away from Berezski Central. - Grade Improvement: The 1.02% CuEq in hole EL25023 is a significant step up from previous broad intercepts at Berezski North, such as EL25016 (0.58% CuEq over 276m) and EL24005 (0.70% CuEq over 547m). - Continuity and Scale: Extending the footprint to 600 meters and confirming that multiple holes (EL24005, EL25016, and EL25023) likely belong to the same system increases the probability of defining a significant resource. - Operational Efficiency: The mineralization starts at surface (0.8m), which has favorable implications for potential future open-pit economics, a point emphasized by management throughout the 2025 program. - Strategic Focus: These results validate the company's June 2025 decision to terminate the Beskauga Option (avoiding a $15 million USD payment) to concentrate capital on the Elemes project.
Arras Minerals is a Canadian explorer focused on porphyry copper-gold deposits in Kazakhstan. Its flagship is the Elemes Project, located in the Bozshakol-Chingiz magmatic arc, approximately 61km from the operating Bozshakol mine (KAZ Minerals). The project features two major trends: the 8.8km Berezski trend and the 14km Aimandai trend. The company also maintains a strategic alliance with Teck Resources on a separate 1,736 sq km land package.