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Arras Minerals Corp ( (TSE:ARK) ) just unveiled an update.
Arras Minerals has restarted diamond drilling at its Elemes Project in northeastern Kazakhstan after a planned winter pause, launching what it calls its most ambitious campaign to date. Two rigs are currently operating at the Berezski East target to extend previously intersected wide, near-surface copper-gold zones and test a significant gravity anomaly.
The company plans to add two more rigs in March, expanding drilling to the Berezski North and Berezski Central targets as part of an enlarged Phase II program now expected to reach 30,000 metres by the end of 2026. Management says strong 2025 drill results and new geophysical data have increased confidence that Elemes could host a significant, large-scale porphyry copper-gold system, potentially strengthening Arras’s position within Kazakhstan’s established low-cost copper-gold mining belt.
More about Arras Minerals Corp
Arras Minerals Corp. is a Vancouver-based mineral exploration company focused on copper and gold projects in northeastern Kazakhstan. The company is advancing its flagship Elemes Project near Ekibastuz, where it explores large-scale porphyry systems across multiple targets within the Berezski Trend.
Average Trading Volume: 115,771
Technical Sentiment Signal: Hold
Current Market Cap: C$87.08M
See more data about ARK stock on TipRanks’ Stock Analysis page.