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Arras Minerals Corp ( (TSE:ARK) ) just unveiled an update.
Arras Minerals has outlined its 2026 exploration plan for the Elemes Project, significantly expanding its Phase 2 program with more than 20,000 metres of additional core drilling and doubling the number of drill rigs on site to four by March. The campaign will prioritize expanding the Berezski Central and Berezski North porphyry targets, extending mineralization at Berezski East, and further testing the Novii area, where a potential new porphyry system has been identified. The company will also undertake 6,000 metres of top-of-bedrock drilling along the Berezski and Aimandai trends, building on 2025 work that extended the Berezski Trend to at least 10 kilometres and confirmed grades consistent with existing Kazakh open-pit copper operations. Management frames the accelerated program as a response to strong technical results and growing global demand for critical minerals, positioning Elemes—and Kazakhstan’s low-cost, infrastructure-rich setting—as a potential emerging hub for multiple scalable copper-gold deposits.
More about Arras Minerals Corp
Arras Minerals Corp. is a mineral exploration company focused on copper-gold projects, with its flagship Elemes Project located in the Pavlodar region of northeast Kazakhstan, a jurisdiction it views as cost-competitive and supportive for mine development. The company is targeting the discovery and advancement of scalable copper-gold deposits within large porphyry systems, leveraging Kazakhstan’s existing mining infrastructure and favorable operating environment.
Average Trading Volume: 113,621
Technical Sentiment Signal: Buy
Current Market Cap: C$102.8M
For an in-depth examination of ARK stock, go to TipRanks’ Overview page.