Northwire Canada EditionWednesday, August 5, 2026
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LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Arras Minerals drills 440 m of 0.49% CuEq at Elemes

By The Northwire Desk — AI Analysis Aug 13, 2025 · 19:59 ARK · 0.66 Arras Minerals Corp.
ARK · Price

Executive Summary

  • Arras Minerals reported significant drill intercepts on holes EL25012 and EL25013 at the Berezski Central target, including up to 440 m grading 0.49% CuEq and a 252 m interval grading 0.52% CuEq.
  • The 2025 Phase‑2 drill program continues across the 8.8 km Berezski trend and 14 km Aimandai trend, with seven holes completed and geophysical surveys underway to refine further targets.
  • The company also granted 30,936 deferred share units (DSUs) to independent directors at $0.99 each as compensation for services rendered.

Key Details

  • Hole EL25012: Total depth 724.3 m; intersected 578 m of mineralization averaging 0.41% CuEq (0.14% Cu, 0.21 g/t Au).
  • 440 m @ 0.49% CuEq (0.16% Cu, 0.25 g/t Au) starting at 137 m depth.
  • 114 m @ 0.53% CuEq (0.22% Cu, 0.20 g/t Au) starting at 147 m depth.

  • 252 m @ 0.52% CuEq (0.15% Cu, 0.29 g/t Au) starting at 325 m depth.

  • Hole EL25013: Intersected ~300 m of porphyry‑style mineralization; lower grade but confirms widespread thick mineralization 1.7 km north of EL25012. First hole to test the 5 km gap between Berezski Central and Berezski North targets.

  • 2025 Drill Program: Phase‑2 aims for 20,000 m total depth across Berezski trend; seven holes completed, assays pending. Two diamond rigs operating since late June; magnetotelluric and gravity surveys ongoing through Sep–Oct to guide further drilling.

  • Geological Context: Interbedded volcanic/sedimentary rocks with diorite/monzodiorite intrusions; mineralization occurs in sheeted stockwork quartz‑chalcopyrite veins, with supergene potential near surface.

  • Equity Incentive Grant: 30,936 DSUs issued to independent directors at $0.99 per unit (VWAP of TSX‑V shares over prior five trading days). Total DSUs outstanding for independent directors now 70,434.

  • Qualified Person: Matthew Booth, VP Exploration, approved technical disclosure under NI 43‑101.

Notable Quotes

“Hole EL25012 represents an excellent start to the phase 2 program intersecting the thickest interval of gold‑copper mineralization encountered to date at Berezski Central…” – Tim Barry, CEO

“Hole EL25013 is also very encouraging… demonstrating widespread thick pervasive mineralization along the Berezski anomaly.” – Tim Barry, CEO

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

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

Drill Results 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