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Arras Minerals Corp ( (TSE:ARK) ) has provided an update.
Arras Minerals Corp announced promising drill results from the Berezski East Target at the Elemes Project, revealing substantial gold-copper mineralization. The results from hole EL25019, which include 457.5 meters grading 0.63 g/t gold-equivalent from the surface, suggest the presence of a large porphyry system. This discovery could significantly enhance the company’s resource potential and strengthen its position in the mining industry, with plans for further drilling to explore the continuity and scale of the mineralization.
More about Arras Minerals Corp
Arras Minerals Corp is a company operating in the mining industry, focusing on the exploration and development of mineral resources, particularly gold and copper. The company is actively engaged in projects that aim to uncover significant mineral deposits, with a market focus on expanding its resource base and enhancing its position within the mining sector.
Average Trading Volume: 291,824
Technical Sentiment Signal: Hold
Current Market Cap: C$88.26M
Learn more about ARK stock on TipRanks’ Stock Analysis page.