ARK.V · 2026-01-13 12:00:00

Arras Minerals Drills 246.2 Meters Grading 1.02 % CuEq from Near Surface Extending Mineralization at Berezski North Target (Elemes Project) IN Kazakhstan

Drill Results

ARRAS MINERALS DRILLS 246.2 METERS

GRADING 1.02 % CUEQ FROM NEAR

SURFACE EXTENDING MINERALIZATION AT

BEREZSKI NORTH TARGET (ELEMES

PROJECT) IN KAZAKHSTAN

TSX-V: ARK / OTCQB: ARRKF

VANCOUVER, BC

Jan. 13, 2026

/CNW/ -

Arras Minerals Corp.

(TSXV: ARK) (OTCQB: ARRKF

)

("Arras" or "Arras Minerals" or "the Company")

is pleased to report additional drill results from

the Berezski Trend within the Elemes Project in northeastern

Kazakhstan

Highlights

include:

EL25023:

246.2m

of mineralization grading 1.02% copper-equivalent

("CuEq") (0.75 g/t Au

and 0.24% Cu) at

Berezski North

, starting at

0.8m

depth, including

140.0m

grading 1.26% CuEq

(0.88 g/t Au, 0.35% Cu) starting from

7.0m

depth.

EL25022:

47.0m

of mineralization grading 0.54% copper-equivalent

(0.42 g/t Au and 0.13%

Cu) at

Berezski East

, starting at

302.0m

depth.

EL25021:

55.0m

of mineralization grading 0.26 % copper-equivalent

(0.11 g/t Au and

0.11% Cu) at

Berezski Central

, starting at

42.0m

depth.

Berezski North

Hole EL25023 delivered broad intersections of high-grade copper-gold mineralization from near

surface, reinforcing the strength and continuity of the Berezski North system. Hole EL25023 provides

confidence that the high-grade mineralization extends for over

350m

between and beyond holes

EL24005 and EL25016, confirming the robustness of the mineralized trend. These results enhance

confidence in the scale and growth potential of the Berezski North Target, which remains open in

multiple directions. Ongoing and planned drilling will continue to systematically explore the high-grade

mineralization of this target.

Berezski Central / Berezski East

Hole EL25021 confirms the continuity of copper-gold mineralization to the south of the Berezski

Central Target, however the drill encountered mechanical issues and was halted prior to reaching

the targeted high-grade zone identified from Holes EL24001 & EL24012.

Hole EL25022 discovered a new zone of near surface gold mineralization approximately

300m

to the

east of the Bereszki East Target suggesting that there may be multiple gold zones surrounding the

Berezski East target to be discovered. The Company is planning on a systematic drill program at

and around Berezski East to fully understand the controls on copper-gold mineralization and any

additional zones of mineralization in the area.

Tim Barry

, CEO of Arras Minerals, commented:

" The Berezski North Target is firming up as a

second bonafide, near-surface, copper-gold porphyry system which is also open in multiple

directions. We are reviewing geophysics and drill data and are planning to increase our drilling

focus here starting in February, particularly in the southerly and westerly direction. Hole EL25023

intersected very nice zones of copper-gold mineralization extending the footprint of the Berezski

North mineralized envelope to approximately 600 metres and strongly suggests that the

mineralization intersected in hole EL24005, EL25016 and EL25023 are part of the same system.

We plan to continue stepping out to test for continuity of these high-grade, near-surface zones."

went on to add,

"Berezski Central, five kilometres south is another key porphyry system in the

trend that continues to expand. Unfortunately, Hole EL25021 didn't reach the targeted depth

because of mechanical issues on the Drill Rig. We have additional assays pending from this target

and following the successful KGK top of bedrock program announced last month, we have

confirmed strike potential of at least one kilometre at Berezski Central that will be followed up

when core drilling recommences next month."

Figure 1. Berezski Trend showing Key Target Areas and soil pXRF geochemical anomalies. (CNW

Group/Arras Minerals Corp.)

Figure 2. Berezski North Target with completed drill-holes, overlain on reduction to pole (“RTP”)

ground magnetic survey data. (CNW Group/Arras Minerals Corp.)

Figure 3. Cross Section of Hole EL25023 Notes: For copper and gold equivalent calculations the

following metal process were used: US$3.75/lb. Copper, US$3,000/oz Gold, US$35/oz Silver,

US$30/lb Molybdenum, and metallurgical recoveries have been updated to Cu 90%, Au 85%, Ag

75%, Mo 80%. All intervals are presented as core lengths as the true thicknesses of mineralization

is currently unknown. (CNW Group/Arras Minerals Corp.)

Notes: For copper and gold equivalent calculations the following metal process were used: US$3.75/lb. Copper, US$3,000/oz Gold, US$35/oz Silver, US$30/lb Molybdenum, and

metallurgical recoveries have been updated to Cu 90%, Au 85%, Ag 75%, Mo 80%. All intervals are presented as core lengths as the true thicknesses of mineralization is

currently unknown.

Results from this news release include:

Table 1. Summary results from holes EL25021, EL2502 and EL25023

Hole_ID

Intersection

Interval

CuEq

AuEq

From (m)

To (m)

(m)

(g/t)

( %)

(g/t)

ppm

( %)

(g/t)

EL25021

0.0

400.0

400.00

0.08

0.01

0.50

28.61

0.15

0.13

Including

42.0

97.0

55.00

0.11

1.04

70.97

0.26

0.22

Including

238.0

284.0

46.00

0.07

0.14

0.51

75.16

0.25

0.22

Including

370.0

400.0

30.00

0.08

0.10

0.52

50.26

0.21

0.18

EL25022

0.0

500.0

500.00

0.11

0.02

0.20

2.54

0.13

0.11

Includes

14.0

43.9

29.90

0.63

0.01

0.30

7.50

0.64

0.55

Includes

302.0

349.0

47.00

0.42

0.13

0.58

4.75

0.54

0.46

Includes

467.0

483.0

16.00

0.27

0.01

0.42

3.06

0.28

0.24

EL25023

0.8

247.0

246.20

0.75

0.24

3.70

40.30

1.02

0.88

including

7.0

147.0

140.00

0.88

0.35

4.37

52.20

1.26

1.08

including

7.0

121.0

114.00

0.94

0.40

4.7

60.7

1.38

1.18

and

187.0

247.0

60.00

0.83

0.10

3.2

22.6

0.96

0.83

Notes: For copper and gold equivalent calculations the following metal process were used: US$3.75/lb. Copper, US$3,000/oz Gold, US$35/oz Silver, US$30/lb Molybdenum, and

metallurgical recoveries have been updated to Cu 90%, Au 85%, Ag 75%, Mo 80%. All intervals are presented as core lengths as the true thicknesses of mineralization is

currently unknown.

Table 2. Drill-hole locations

Hole_ID

Coordinates (UTM)

Azimuth

Dip

Hole Depth (m)

Easting

Northing

EL25021

506160

5713196

235

225

-75

400.0

EL25022

507254

5712628

240

120

-65

500.0

EL25023

508333

5717429

234

225

-72

506.2

Figure 4 – Berezski Central and Berezski East targets with completed drill-holes, overlain on

reduction to pole (“RTP”) ground magnetic survey data. (CNW Group/Arras Minerals Corp.)

Drill Highlights:

Hole EL25021

was drilled

125m

south of EL24001 (261.0 m grading 0.39 g/t Au and 0.24 % Cu)

to test the southern extension of the Berezski Central Cu-Au zone. The hole intersected argillic-

and phyllic-altered diorites with brecciated intervals, quartz-pyrite-chalcopyrite veins, and minor

andesite dykes. Mineralization is dominated by disseminated pyrite with minor chalcopyrite.

Unfortunately, due to mechanical issues with the drill-rig, the hole had to be terminated before

reaching the eastern margin of the high-grade Au-Cu zones intersected in holes EL24001 and

EL24012.

Hole EL25022

targeted the southern Berezski East Zone, following up on gold mineralization in

EL24004 (138.8 m grading 0.77 g/t Au and 0.09 % Cu). The hole intersected brecciated and

fractured andesites intruded by diorite dykes, with clay, argillic, and propylitic alteration.

Mineralization is generally weak, dominated by disseminated pyrite. Small patches of Tellurium

(Te) and Gold (Au) -rich minerals were identified in the upper zone, potentially indicating

telluride-type gold mineralization. A minor zone of chalcopyrite was intersected at

315m

associated with faulting and anhydrite veins.

Hole EL25023

tested the continuation of mineralization in EL24005 (

547.0m

grading 0.48 g/t Au

and 0.23 % Cu) and reached a depth of

506.2m

. The hole intersected hydrothermal breccias,

andesites, and diorites with argillic, phyllic, and potassic alteration. Veins include D-type quartz-

pyrite and minor B-type quartz-chalcopyrite near faults. Mineralization is dominated by pyrite,

with minor chalcopyrite, and extends the high-grade zones identified in EL24005 and indicates

that it is linked to the high-grade Cu-Au mineralization drilled by hole EL25016 approximately

350m

to the southwest.

Exploration Update

Over the next month, The Company expects the remaining assays from the Elemes drill program,

which paused just before Christmas, to be forthcoming and will be released in due course.

The final processing and data from the third-party contractor in

the United States

for the

Magnetotellurics ("MT") and gravity surveys were received last week. This is being reviewed

alongside the drill data completed to date to better identify limits and controls to mineralization and

to prioritize drill targets for re-start of drilling activities at Elemes next month. A further market

update on the 2026 Elemes Exploration Plan will be provided in the next few weeks.

Core photos

(CNW Group/Arras Minerals Corp.)

Figure 5. Arras Minerals Elemes Project and project portfolio located in Pavlodar, Northeastern

Kazakhstan. (CNW Group/Arras Minerals Corp.)

Elemes Phase II Drill Program:

Since June last year, Arras Minerals has been advancing its

20,000-metre Phase II diamond drill program at the Elemes project. Drilling paused in late

December for a winter break and will re-commence in February.

The final data from a Magnetotellurics ("MT") and gravity surveys across key sections of the

Berezski and Aimandai Trends has been received by The Company and is being used this to refine

and guide future drill targeting in 2026.

Elemes Project Overview:

The Elemes Project comprises two exploration licenses covering 531

square kilometres in northeast

Kazakhstan

, located approximately 13 km southwest of Ekibastuz

and just 20 km from Arras's operational base. The project benefits from exceptional infrastructure,

with a paved highway crossing the licence, and access to 1100 KVA power lines, heavy rail, and

other utilities within a 15 km radius.

Situated within the prolific Bozshakol-Chingiz metallogenic belt, Elemes lies near significant regional

deposits, including the Beskauga porphyry copper-gold-silver deposit (~80 km east) and KAZ

Minerals' Bozshakol copper-gold mine (~60 km northwest), which reported mined grades in Q1 2025

of 0.37% Copper and 0.20 g/t gold.

Geologically, the property is underlain by interbedded intermediate volcanic and sedimentary rocks

intruded by multiple phases of diorite and monzodiorite porphyry. Copper-gold mineralization occurs

in sheeted and stockwork quartz-chalcopyrite veins associated with these intrusions. In addition,

high-grade low-sulphidation epithermal veins have been mapped on the property, representing a

secondary exploration target.

Property-wide soil sampling programs in 2022 and 2023 defined two extensive Cu-Mo-As

geochemical anomalies: the Berezski and Aimandai Trends, both considered priority targets for

follow-up exploration drilling. A Phase 1 drill program on the Berezski Trend in late 2024 returned

high-grade porphyry/epithermal copper and gold mineralization in results announced in Q1 2025. A

20,000m

Phase 2 drill program commenced in

May 2025

and will continue into 2026.

References

Bozshakol Q1, 2025 Report

https://www.kazminerals.com/media/23282/q1-2025-production-report_final.pdf

Quality Assurance and Quality Control

The Company adheres to CIM Best Practices Guidelines for exploration related activities conducted

on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by the

Qualified Person.

Arras Minerals QA/QC protocols are maintained through the insertion of certified reference material

(standards), blanks and field duplicates within the sample stream. Drill core is cut at Arras Minerals

operations base in Ekibastuz, Kazakhstan by Company personnel. Diamond drill core was sawed in-

half with a diamond saw, and then sampled in maximum 2-meter intervals, stopping at geological

boundaries, with one-half placed in sealed bags and shipped to the laboratory and the other half

retained on site.

Each bagged core sample was shipped to ALS Laboratory in Karaganda,

Kazakhstan

. Samples

were dried, crushed and pulverized to >80% passing -200 mesh. The prepared sample splits were

sent to the ALS Chemex's geochemical analysis laboratories laboratory in Loughrea,

County

Galway, Ireland

and

Lima, Peru

for multi-element analysis. Multielement analyses were analyzed

with ICP-MS following a four-acid digestion (method ME-MS61) and samples containing >1.0%

copper are analyzed via method Cu-OG62.

Gold analysis was conducted by ALS Chemex at the analytical laboratory in Karaganda,

Kazakhstan

. Gold was analyzed by fire assay (30 g) with an AA (atomic absorption) finish (method

Au-AA23) with detection limits of 0.005 g/t gold. Samples containing greater than 10.0 g/t gold are

analyzed by fire assay with a gravimetric finish (method Au-GRA21).

ALS is an accredited laboratory which is independent of the Company. Chain of custody is

maintained from the drill to the submittal into the laboratory preparation facility.

Qualified Person

The scientific and technical disclosure for this news release has been prepared under supervision of

and approved by

Matthew Booth

, Vice President of Exploration, of Arras Minerals Corp., a Qualified

Person for the purposes of NI 43-101. Mr. Booth has reviewed and approved this release. Mr.

Booth has over 20 years of mineral exploration experience and is a Qualified Person member of the

American Institute of Professional Geologists (CPG 12044).

Gold, copper and other mineral equivalents are calculated on the basis specifically set forth in

respect thereto in this presentation and are based upon the reasonable assumptions as to the prices

of various metals and their recoveries thereof made by management of the Company on a project-

by-project basis as converted metal. All drill-hole intervals are reported as drill widths, as true

thicknesses are unknown. Assumed metal prices are:

US$3.75

/lb. Copper,

US$3,000

/oz Gold,

US$35

/oz Silver, &

US$30

/lb Molybdenum.

The Company has updated metal recoveries: 90% for copper, 85% for gold, 75% for silver, and

80% for molybdenum. These figures are based on a review of published data from advanced-stage

porphyry projects (including Vizcachitas, Los Andes Copper; Copper Creek, Faraday Coper;

Valeriano, ATEX Copper; Los Helados, NGEx Resources Inc.; Opemiska, XXIX Metal Corp; Costa

Fuego, Hot Chili Limited; Moonlight-Superior, US Copper Corp; Warintza, Solaris Resources, Inc.;

Chita Valley

, Minsud Resources Corp.; Hat, Doubleview Gold Corp.)

Copper Equivalent ("CuEq") grades reported for the drill holes at Elemes were calculated using the

following formula: CuEq % = ((Copper (%))*0.9) + ((Gold (g/t) x 0.8571)*0.85) + ((Silver (g/t) x

0.0117)*0.75) + ((Molybdenum (ppm) x 6.8568)*0.80).

Gold Equivalent ("AuEq") grades reported for the drill holes at Elemes were calculated using the

following formula: AuEq g/t = ((Gold (g/t)*0.85) + ((Copper (%) x 1.1667)*0.9) + ((Silver (g/t) x

0.0136)*0.75) + ((Molybdenum (ppm) x 8.0)*0.80).

On behalf of the Board of Directors,

"Tim

Barry"

Tim Barry

, MAusIMM CP(Geo)

Chief Executive Officer and Director

Further information can be found on:

the Company's website

https://www.arrasminerals.com

https://www.linkedin.com/company/arrasminerals

https://twitter.com/arrasminerals

About Arras Minerals Corp:

Arras is a Canadian exploration and development company advancing

a portfolio of copper and gold assets in northeastern

Kazakhstan

, including the Elemes copper-gold

porphyry project. The Company has established one of the largest land packages in the country

prospective for copper and gold. In

December 2023

, the Company entered into a strategic alliance

with Teck Resources Limited ("Teck") in which Teck may sole fund a

US$5 million

generative

exploration program over a portion of the Arras license package in 2024-2025. The Company's

shares are listed on the TSX-V under the trading symbol "ARK" and on the OTCQB under the

trading symbol "ARRKF".

Cautionary note regarding forward-looking statements

: This news release contains forward-

looking statements regarding future events and Arras' future results that are subject to the safe

harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act

of 1933, as amended, and the Exchange Act, and applicable Canadian securities laws. Forward-

looking statements include, among others, statements regarding plans and expectations of the

exploration program Arras is in the process of undertaking, the timing, scope, nature, breadth and

other information related to Arras' exploration program, any results that may be derived from the

Arras' exploration program, the prospects of Arras' business plans, and any expectations with

respect to any permitting, development or other work that may be required to bring any of the

projects into development or production. These statements are based on current expectations,

estimates, forecasts, and projections about Arras' exploration projects, the industry in which Arras

operates and the beliefs and assumptions of Arras' management. Words such as "expects,"

"anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates,"

"continues," "may," variations of such words, and similar expressions and references to future

periods, are intended to identify such forward-looking statements. Forward-looking statements are

necessarily based upon a number of assumptions that, while considered reasonable by management

at the time, are inherently subject to business, market and economic risks, uncertainties and

contingencies that may cause actual results, performance or achievements to be materially different

from those expressed or implied by forward-looking statements. Such assumptions include, but are

not limited to, assumptions that the anticipated benefits of Arras' proposed exploration program will

be realized, that no additional permit or licenses will be required in connection with Arras' exploration

programs, the ability of Arras' to complete its exploration activities as currently expected and on the

current anticipated timelines, that Arras' will be able to execute on its current plans, that Arras'

proposed explorations will yield results as expected, and that general business and economic

conditions will not change in a material adverse manner. Although Arras has attempted to identify

important factors that could cause actual results to differ materially from those contained in forward-

looking information, there may be other factors that cause results not to be as anticipated, estimated

or intended. There can be no assurance that such information will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking information. Such

statements represent the current view of Arras with respect to future events and are necessarily

based upon a number of assumptions and estimates that, while considered reasonable by Arras, are

inherently subject to significant business, economic, competitive, political and social risks,

contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following:

inability of Arras to realize the benefits anticipated from the exploration and drilling targets described

herein or elsewhere; inability of Arras to complete current exploration plans as presently anticipated

or at all; inability for Arras to economically realize on the benefits, if any, derived from the exploration

program; failure to complete business plans as it currently anticipated; overdiversification of Arras'

portfolio; failure to realize on benefits, if any, of a diversified portfolio; unanticipated changes in

market price for Arras shares; changes to Arras' current and future business and exploration plans

and the strategic alternatives available thereto; growth prospects and outlook of the business of

Arras; and the ability to advance Arras' projects and its proposed exploration program; risks inherent

in mineral exploration including risks related worker safety, weather and other natural occurrences,

accidents, availability of personnel and equipment, and other factors; aboriginal title; failure to obtain

regulatory and permitting approvals; no known mineral resources/reserves; reliance on key

management and other personnel; competition; changes in laws and regulations; uninsurable risks;

delays in governmental and other approvals, community relations; stock market conditions generally;

demand, supply and pricing for uranium; and general economic and political conditions in

Canada

Kazakhstan

and other jurisdictions where Arras conducts business. Other factors which could

materially affect such forward-looking information are described in the filings of Arras with the

Canadian securities regulators which are available on Arras' profile on SEDAR+ at

www.sedarplus.ca

. Readers are cautioned that forward-looking statements are not guarantees of

future performance and that actual results or developments may differ materially from those

expressed or implied in the forward-looking statements. Any forward-looking statement made by

Arras in this release is based only on information currently available and speaks only as of the date

on which it is made. Arras undertakes no obligation to publicly update any forward-looking

statement, whether written or oral, that may be made from time to time, whether as a result of new

information, future developments, or otherwise.

SOURCE

Arras Minerals Corp.

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