Arras Minerals (ARK.V) has released the assay results of two holes, drilled on the Berezski North target, part of its Elemes copper-gold project in Kazakhstan. While hole EL26033 yielded an interesting 52 meters of 1.75% copper-equivalent within 181 meters of 0.66% copper-equivalent, the attention was drawn to EL26032 which likely is the company’s best hole yet in Kazakhstan.
Arras intersected a continuous gold-copper interval starting at surface, running over 935.9 meters with an average grade of 0.71% copper-equivalent (consisting of 0.19% copper and 0.51 g/t gold), including a higher grade interval of just under 215 meters containing 1.42% copper-equivalent (consisting of 0.41% copper and 1.01 g/t gold) with a high-grade breccia zone of 55 meters containing 4.41% copper-equivalent (1.22% copper, 3.27 g/t gold) included in that interval.
The two holes were designed to drill-test the shallow breccias and to determine the extents of the underlying porphyry mineralization that was discovered in the 2024 and 2025 drill program. These two holes represent just the first two holes of the eight that have been completed so far at Berezski North, and the initial impression is that the porphyry system remains open in multiple directions and to depths exceeding 900 meters, as shown in hole 26032. While the drill rigs have now left the area, Arras Minerals expects to bring them back to this zone after the assay results of the remaining six holes have been received and interpreted.
Arras now has four drill rigs on site, and we can expect the news flow to be quite continuous over the next few weeks and months.
Disclosure: The author has a long position in Arras Minerals but sold 1/4th of the position to take a profit off the table. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
