Arras Minerals Expands Berezski North Porphyry Copper-Gold System with Strategic Shareholder — Arras Minerals Corp.

Event summary

Arras Minerals intersected broad porphyry copper-gold mineralization at Berezski North, including 568.9m at 0.33% CuEq in EL26036 and 399.7m at 0.26% CuEq in EL26034.
A new strategic shareholder acquired 8.3% of Arras Minerals' shares from Teck Resources Inc.
The company completed 24,000m of drilling in 2026 with four diamond drill rigs operating at the Elemes Project.
Systematic SWIR measurements and sulphide zonation data suggest the potential core of the porphyry system lies southwest of current drill holes.

The big picture

Arras Minerals' latest drill results at Berezski North reinforce the potential scale of the porphyry copper-gold system, with intercepts suggesting a larger mineralized footprint. The strategic investment from a new shareholder indicates growing confidence in the project's prospects, particularly as the company refines its geological model to target higher-grade zones. This development comes amid heightened global exploration activity, which has led to increased assay turnaround times and prompted Arras to consider operational improvements.

What we're watching

Resource Expansion: Whether follow-up drilling can confirm the higher-temperature core of the porphyry system southwest of current intercepts.
Strategic Partnerships: How the new strategic shareholder's involvement will influence Arras Minerals' exploration and development strategy.
Operational Efficiency: The pace at which Arras Minerals can reduce assay turnaround times through potential sample-preparation facility upgrades.