07:07 AM EDT, 08/27/2025 (MT Newswires) -- Arras Minerals ( ARRKF ) , which saw its shares gain more than 5% on Tuesday, posted results from three drill holes at the Elemes project in Kazakhstan, confirming the presence of a large, well-developed hydrothermal system along the Berezski Trend.
The drill program was designed to test multiple high-priority targets along the Berezski and Aimandai trends, the company said on Wednesday.
Highlights of the results include 154 meters of mineralization grading 1.1% copper equivalent starting at 130 meters depth, including 118 meters grading 1.4% copper equivalent starting at 130 meters depth and 24 meters grading 2.3% copper equivalent starting at 114 meters depth.
"With only a small portion of our Phase II drilling completed along the 8.8-kilometer copper-in-soil anomaly that defines the Berezski Trend, we believe there remains substantial upside yet to be tested," said Arras CEO Tim Barry. The presence of thick mineralized intercepts often starting at surface and with broad zones exceeding 0.8% CuEq at Berezski North is particularly encouraging."