Arras Minerals Updates on Elemes Drill Program in Kazakhstan

Arras Minerals Corp. has provided an update on its ongoing core drilling program at the Elemes Project in Kazakhstan, which began in September and is expected to conclude by the end of December. The drilling focuses on key areas including Berezski Central, Berezski East, Q-Gorka, and K-Ozek, covering approximately 4,000 metres of diamond drilling. These areas were identified following extensive exploration activities over two seasons.

Initial assay results, delayed in processing and verification, are now expected by early January 2025. Subsequent results will be announced as they become available. Tim Barry, CEO, conveyed satisfaction with the progress and early indications suggesting Elemes as a large epithermal-porphyry system, previously unexplored with modern technology.