Aluminum   $ 2.2760 kg        |         Cobalt   $ 26.625 kg        |         Copper   $ 9.0438 kg        |         Gallium   $ 329.01 kg        |         Gold   $ 75748.77 kg        |         Indium   $ 419.06 kg        |         Iridium   $ 151912.28 kg        |         Iron Ore   $ 0.1075 kg        |         Lead   $ 2.0385 kg        |         Lithium   $ 11.844 kg        |         Molybdenum   $ 66.495 kg        |         Neodymium   $ 63.378 kg        |         Nickel   $ 15.817 kg        |         Palladium   $ 28501.64 kg        |         Platinum   $ 30025.58 kg        |         Rhodium   $ 149500.97 kg        |         Ruthenium   $ 13181.81 kg        |         Silver   $ 894.47 kg        |         Steel Rebar   $ 0.4344 kg        |         Tellurium   $ 106.67 kg        |         Tin   $ 29.790 kg        |         Uranium   $ 182.43 kg        |         Zinc   $ 2.6910 kg        |         
Image source: pixelied.com / pixabay.com

Arras Minerals Corp. (TSX-V: ARK) announces promising initial results from its 2023 soil sampling program in northeastern Kazakhstan’s Elemes exploration license area. Key findings include:

– Identification of an extensive NE-SW trending copper anomaly (>150ppm) over 8.8 km x 1.5 km, linking two zones of historical high-grade drilling.
– Discovery of a “bull’s eye” molybdenum anomaly spanning 2.8 km x 1.6 km, potentially indicating a core porphyry system.
– Peripheral arsenic anomaly associated with gold-silver grades up to 29g/t Au & 287g/t Ag.
– Confirmation of a multi-kilometer-scale mineralized system.
– Collection of 31,000 soil samples, with initial results covering 60% of the area.

CEO Tim Barry highlighted the significance of the findings, emphasizing the large and intact porphyry system indicated by soil sampling and historical drilling re-assays. The results also reveal a substantial molybdenum anomaly, possibly indicating the core of the porphyry system. Further exploration is planned to assess the full extent of these discoveries.

The sampling methodology involved systematic collection using a 50m x 200m grid pattern and analysis with portable X-ray fluorescence devices. Arras plans to send a portion of samples for further analysis to ensure accuracy.

Tim Barry, a Chartered Professional Geologist, oversees the project, meeting standards set by NI 43-101. The Elemes License benefits from modern infrastructure and is strategically located within a metallogenic belt hosting other significant projects.

The findings signify significant exploration potential in Arras Minerals Corp.’s extensive license area in northeastern Kazakhstan.