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Arras Minerals Corp ( (TSE:ARK) ) has provided an update.
Arras Minerals Corp announced the results from its Phase 1 drill program at the Berezski target in Northeast Kazakhstan, revealing significant copper-gold mineralization. These results, particularly from holes EL24005 and EL24006, indicate the potential development of a new porphyry center, which could enhance the company’s exploration prospects and strength in the region. The findings provide promising vectors for the upcoming Phase 2 program, suggesting further exploration targets beyond the current anomaly boundaries.
More about Arras Minerals Corp
Arras Minerals Corp is a mineral exploration company focused on discovering and developing copper and gold resources. It operates primarily in Kazakhstan, with a specific emphasis on the Berezski target within the Elemes project, situated in the Bozshakol-Chingiz Magmatic arc.
YTD Price Performance: 113.79%
Average Trading Volume: 141,628
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$51.11M
Learn more about ARK stock on TipRanks’ Stock Analysis page.
