Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

ARRAS MINERALS DRILLS 935.9M GRADING 0.71% CUEQ FROM SURFACE INCLUDING 214.9M GRADING 1.42% CUEQ STARTING AT 162.1M DEPTH FROM THE BEREZSKI NORTH PORPHYRY TARGET, ELEMES PROJECT IN KAZAKHSTAN

Arras confirms 935m of near-surface CuEq at Berezski North, scaling up its 30km drill program on the 8.8km trend.

By The Northwire Desk — AI Analysis Jun 09, 2026 · 06:00 ARK · 0.84 Arras Minerals Corp.
Executive Summary
  • Arras Minerals reported significant drill intercepts at the Berezski North Target on the Elemes Project in Kazakhstan.
  • Hole EL26032 intersected 935.9m grading 0.71% CuEq from surface, including 214.9m grading 1.42% CuEq starting at 162.1m depth.
  • High-grade breccia mineralization was intersected over 55m grading 4.41% CuEq, extending the known strike length of the breccia zone to over 600m.
  • The company is advancing a 30,000m Phase II drill program across the 8.8km Berezski Trend with four active diamond rigs.
  • Geophysical and geochemical footprints indicate a 3km x 2km porphyry potential, with the system remaining open laterally and to depths exceeding 900m.
  • This follows the May 2026 announcement of the program expansion and the April 2026 confirmation of Berezski East as a third porphyry center.
Material Impact
  • The results are a strong validation of the Berezski North porphyry model, confirming broad, near-surface copper-gold mineralization that extends significantly deeper than previously modeled.
  • The intercepts are consistent with the company's stated exploration objectives and the previously announced 30,000m Phase II program. They do not represent a sudden, unexpected discovery outside the known trend.
  • The extension of the breccia strike to >600m and confirmation of open-ended mineralization to >900m depth materially improves the geological confidence in the target's scale, which is positive for long-term resource potential.
  • However, as this is a direct follow-up to the mobilization of additional rigs and program expansion announced in early 2026, the market likely priced in the expectation of substantial intercepts. The news is incremental rather than transformative.
  • The termination of the Teck Resources strategic alliance in February 2026 removed a major funding backstop, making these exploration results critical for maintaining investor interest and justifying future capital raises.
ARK · Price
Company Overview
  • Arras Minerals Corp. is an exploration-stage company focused on copper-gold porphyry systems in Kazakhstan.
  • Flagship Project: Elemes Project, covering a 531 km² license package located ~13 km SW of Ekibastuz.
  • The project sits within the Bozshakol-Chingiz metallogenic belt, near major operating mines like KAZ Minerals' Bozshakol mine.
  • Infrastructure is favorable, with paved highways, 1100 KVA power lines, and heavy rail within a 15 km radius.
  • The company is systematically exploring the 8.8 km Berezski Trend and the 14 km Aimandai Trend, having identified multiple porphyry centers (Berezski North, Central, East, and Novii).
Read the original news release →

More from Arras Minerals Corp.

Jul 09, 2026 · 06:10

Arras doubles its drill program to 40,000 metres following a $25 million equity raise to advance its projects.

Drill Results Jul 07, 2026 · 09:01

Arras secured a $25 million bought deal to fund drilling at its Kazakhstan copper-gold project.

Financings Jun 16, 2026 · 19:43

Arras upsizes its bought deal to $21.7m to fund a 30,000m drill program at its Kazakhstan projects.

Financings Jun 15, 2026 · 16:16

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Regulatory Jun 15, 2026 · 16:16

Arras secured $15m at a 50% premium to fund a 30,000m expansion confirming the porphyry scale in Kazakhstan.

Financings Jun 09, 2026 · 06:00

ARRAS MINERALS DRILLS 935.9M GRADING 0.71% CUEQ FROM SURFACE INCLUDING 214.9M GRADING 1.42% CUEQ STARTING AT 162.1M DEPTH FROM THE BEREZSKI NORTH PORPHYRY TARGET, ELEMES PROJECT IN KAZAKHSTAN

Drill Results