Northwire Canada EditionThursday, July 23, 2026
Northwire
VZZ 0.180 +2.9% BMR 0.145 +3.6% NVO 0.055 −8.3% PMET 4.47 +2.0% CTG 0.125 +13.6% AVU 0.040 +0.0% SGML 14.32 −3.1% WRLG 0.720 +1.4% CAN 0.065 +8.3% ABRA 15.63 +1.6% LSTR 0.060 +0.0% OLA 13.10 +2.5% EQX 13.15 +2.7% SRA 0.780 +0.0% UTWO 0.390 −13.3% IVN 10.64 −1.2% VZZ 0.180 +2.9% BMR 0.145 +3.6% NVO 0.055 −8.3% PMET 4.47 +2.0% CTG 0.125 +13.6% AVU 0.040 +0.0% SGML 14.32 −3.1% WRLG 0.720 +1.4% CAN 0.065 +8.3% ABRA 15.63 +1.6% LSTR 0.060 +0.0% OLA 13.10 +2.5% EQX 13.15 +2.7% SRA 0.780 +0.0% UTWO 0.390 −13.3% IVN 10.64 −1.2%
Drill Results Material +

ARRAS MINERALS DRILLS 52.4 METERS GRADING 2.11% CUEQ AT THE BEREZSKI NORTH TARGET (ELEMES PROJECT) IN KAZAKHSTAN

Arras hits high-grade copper-gold at Berezski North as Phase 2 drilling scales up in Kazakhstan

Executive Summary

The most recent news (March 2, 2026) reports significant drill results from the Berezski North target at the Elemes project in Kazakhstan. Hole EL25027 intersected 52.4 meters grading 2.11% CuEq (1.49 g/t Au and 0.58% Cu). This hole targeted the southern continuation of known mineralization and hit a tourmaline breccia zone that now extends over a 500m strike length. Additionally, hole EL25028 expanded the Berezski Central target 200m to the northwest, bringing its dimensions to approximately 750m x 500m. Consequently, the company has expanded its 2026 Phase 2 drill program to 30,000 meters.

Material Impact

This news is Material - Positive. The 2.11% CuEq grade over 52 meters is a high-grade "sweet spot" compared to the broader, lower-grade intervals previously reported (typically 0.4% to 0.7% CuEq). - Scale and Grade: The results confirm that the system is not just large, but contains high-grade cores. The expansion of the drill program from 20,000m to 30,000m indicates management's high conviction and a strong treasury. - Vectoring Success: The company is successfully "vectoring" toward the center of the porphyry system, with grades improving to the south and west. - Operational Momentum: Moving to four rigs in March 2026 shows a significant acceleration of activity.

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Company Overview

Arras Minerals is focused on copper-gold porphyry discoveries in the Pavlodar region of Kazakhstan. Its flagship is the Elemes Project, specifically the Berezski Trend, an 8.8km to 10km long geochemical and geophysical anomaly. The project has shown multiple porphyry centers (North, Central, East) with broad intervals of mineralization from surface.

Read the original news release →

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