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.