Arras Minerals Intersects Broad Porphyry Copper-GOLD Mineralization at Berezski North, Including 568.9 Metres at 0.33% CuEq; Welcomes New Strategic Shareholder - Pr Newswire Canada
Drill Results
VANCOUVER, BC, Aug. 18, 2026 /CNW/ -- Arras Minerals Corp. (TSX-V: ARK) (OTCQB: ARRKF) ("Arras" or "Arras Minerals" or "the Company") is pleased to report additional drill results from the Berezski North target at the Elemes Project in Kazakhstan. Drilling continues to return broad intervals of porphyry-style copper-gold mineralization, highlighted by 568.9m grading 0.33% copper equivalent ("CuEq") in EL26036 and 399.7m grading 0.26% CuEq in EL26034, while also expanding the footprint of near-surface tourmaline-breccia and structurally controlled mineralization. The Company also welcomes a new strategic shareholder that now holds approximately 8.3% of the Company's issued and outstanding shares.
Figure 1. Berezski Trend showing principal targets, “Berezski Central”, “Berezski East”, “Berezski North”, and “K-Ozek”
Figure 2. Berezski North target showing completed drill holes over reduction-to-pole ("RTP") ground magnetic survey data. Notes: Copper and gold equivalent calculations use the following metal prices: US$3.75/lb copper, US$3,000/oz gold, US$35/oz silver and US$30/lb molybdenum. Metallurgical recoveries are Cu 90%, Au 85%, Ag 75% and Mo 80%. All intervals are presented as core lengths; true thicknesses of mineralization are currently unknown.
Figure 3. Long section through the Berezski North target showing Arras drill-hole intercepts, including EL26034. Mineralization and potassic alteration increase with depth in EL26032 as the hole drills toward the interpreted intrusive porphyry centre, whereas mineralization and alteration decrease with depth in EL26034 as the hole drills away from the interpreted intrusion. Notes: Copper and gold equivalent calculations use the following metal prices: US$3.75/lb copper, US$3,000/oz gold, US$35/oz silver and US$30/lb molybdenum. Metallurgical recoveries are Cu 90%, Au 85%, Ag 75% and Mo 80%. All intervals are presented as core lengths; true thicknesses of mineralization are currently unknown.
Table 1. Summary of Berezski North drill-hole assay results
Figure 4. Isometric long section looking north through the Berezski North target, showing completed drill holes, planned drill hole (red) and modelled sulphide mineralogy over the -500m RL gravity plan, together with interpreted porphyry-zone sulphide zonation.