10:49 AM EST, 11/04/2025 (MT Newswires) -- Arras Minerals ( ARRKF ) on Tuesday said drill results from the Berezski Central target at the Elemes project, expanded footprint to about 600 meters by 500 meters.

The company said drill holes EL25018 and EL25020 continue to intersect broad zones of copper and gold mineralization. It also saw a potentially new zone of gold mineralization in hole EL25018, along the western margin of the Berezski Central zone.

"Drill hole EL25020, located 100 meters northwest of hole EL24001 intersected multiple zones of mineralization throughout its length, including a broad 314-meter interval grading 0.30% CuEq," said Arras Minerals ( ARRKF ) chief executive Tim Barry.

"We've also just completed a top-of-bedrock drill program across the Berezski Central and Berezski East targets, we'll soon have valuable new data to assess how these areas are related, and to evaluate the potential for a much larger, district-scale porphyry system at the heart of the Berezski Trend," said Barry.

Magnetotellurics and gravity surveys have been successfully completed at the Elemes project and final survey data is expected to be delivered this month.

Shares of the company were last seen down 4.9% at $0.78 on the TSX Venture Exchange.

Price: 0.78, Change: -0.04, Percent Change: -4.88