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Arras Minerals Confirms Large "at Surface" Untested Porphyry System on the Elemes Licence in Kazakhstan

Arras Minerals Confirms Large "at Surface" Untested Porphyry System on the Elemes Licence in Kazakhstan

Arras Minerals確認哈薩克斯坦Elemes許可證上有未經測試的大型 “地表” 斑岩系統
GlobeNewswire ·  02/22 06:00

Figure 1

圖 1

Drone photo showing outcropping argillic alteration at Berezski Central target (Elemes Licence)
無人機照片顯示別列茲斯基中央目標發生露出泥土改動(Elemes 許可證)

Figure 2

圖 2

The 8.8 km copper soil anomaly identified by Arras within the Elemes Licence. Also shown are the results of the re-assayed historical drillholes located at Quartzite-Gorka and Berezski East announced by Arras on 8 January 2024, and 22 January 2024 respectively. The location of the medium sulphidation epithermal system sampled by Arras and announced on 11 July 2023 is also shown. Lastly a wide zone of intense kaolinite alteration at Berezski Central is also shown that is co-incident with the strong molybdenum anomaly that has been identified and shown in Figure 4.
阿拉斯在Elemes許可證範圍內發現了8.8千米的銅土異常。還顯示了阿拉斯分別於2024年1月8日和2024年1月22日宣佈的位於石英岩-戈爾卡和別列斯基東部的歷史鑽孔的重新分析結果。還顯示了阿拉斯採樣並於2023年7月11日公佈的介質硫化超熱系統的位置。最後,還顯示了Berezski Central的大片強烈高嶺石蝕變區域,這與圖4中已發現並顯示的強烈鉬異常相吻合。

Figure 3

圖 3

Soil anomaly maps showing copper results and the alteration map. Also shown are the locations of the re-assayed drillholes located at Quartzite-Gorka and Berezski East as well as Karagandy-Ozek, a high-grade gold-silver epithermal zone. The intensely altered Berezski Central zone is also shown which is co-incident with the 2.8 kilometer x 1.6 kilometer molybdenum soil anomaly (see figure 4).
顯示銅含量結果的土壤異常圖和變化圖。還顯示了位於石英岩-戈爾卡和別列茲斯基東部的再分析鑽孔的位置,以及高品位金銀超熱帶卡拉幹迪-奧澤克的鑽孔位置。還顯示了劇烈變化的別列斯基中心區域,這與2.8千米×1.6千米的鉬土壤異常相吻合(見圖 4)。

Figure 4

圖 4

Figure 4. Soil anomaly maps showing molybdenum, and arsenic results. Also shown are the locations of the re-assayed drillholes located at Quartzite-Gorka and Berezski East as well as Karagandy-Ozek, a high-grade gold-silver epithermal zone. The intensely altered Berezski Central zone is also shown which is co-incident with the 2.8 kilometer x 1.6 kilometer molybdenum soil anomaly.
圖 4.土壤異常圖顯示鉬和砷的結果。還顯示了位於石英岩-戈爾卡和別列茲斯基東部的再分析鑽孔的位置,以及高品位金銀超熱帶卡拉幹迪-奧澤克的鑽孔位置。還顯示了劇烈變化的別列斯基中心區域,這與2.8千米×1.6千米的鉬土壤異常相吻合。

Table 1

表 1

Summary table for the re-assay of historical drill holes for Quartzite-Gorka and Berezski-East
重新分析石英岩-戈爾卡和別列茲斯基-東部的歷史鑽孔彙總表

Figure 5

圖 5

Arras's License Package showing Arras-Teck Strategic Alliance Areas as "Package A" and "Package B" as well as the Elemes, Aimandai, Stepnoe, & Ekidos licences which are 100% owned by Arras.
Arras的許可證包將Arras-Teck戰略聯盟區域顯示爲 “套餐A” 和 “套餐B”,以及阿拉斯100%擁有的Elemes、Aimandai、Stepnoe和Ekidos許可證。

VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) ("Arras" or "the Company") is pleased to announce the initial results of its 2023 soil sampling program conducted over the Berezski Target located within the Company's Elemes 425 square kilometer ("km") exploration licence ("Elemes" or the "Licence") in northeastern Kazakhstan. The Elemes licence is not included in the Teck-Arras Strategic Exploration Alliance announced on December 7, 2023.

不列顛哥倫比亞省溫哥華,2024年2月22日(環球新聞專線)——阿拉斯礦業公司(多倫多證券交易所股票代碼:ARK)(“阿拉斯” 或 “公司”)欣然宣佈其2023年對位於哈薩克斯坦東北部的Elemes 425平方千米(“km”)勘探許可證(“Elemes” 或 “許可證”)內的別列茲斯基目標進行的土壤採樣計劃的初步結果。Elemes 許可證不包含在 2023 年 12 月 7 日宣佈的 Teck-Arras 戰略探索聯盟中。

Highlights from the Soil Sampling program

土壤採樣計劃的亮點

  • 8.8 km x 1.5 km NE-SW trending coherent copper ("Cu") anomaly (>150ppm) linking two zones of shallow (<298m) high-grade historical drilling that sit 5 km apart and include re-assayed results of 108m @ 0.94% CuEq (including 30.8m @ 2.21% CuEq), and 132.6m @ 0.80% CuEq (including 57.1m @ 1.00% CuEq) starting from surface.
  • "Bull's eye" 2.8 km x 1.6 km coherent Molybdenum ("Mo") anomaly interpreted to be the core of an at surface porphyry system that is untested with drilling.
  • An Arsenic ("As") peripheral to copper-molybdenum anomaly thought to be associated with an intermediate-sulphidation epithermal system which recent sampling by Arras has returned gold and silver grades up to 29g/t Au & 287g/t Ag.
  • Results confirm a multi-kilometer-scale system, delimited by several mineralized zones which may be contiguous under surface cover.
  • Arras collected 31,000 soil samples over the Elemes Licence in 2023. The results presented in this news release cover only the western half of the Elemes Licence and represent approximately 60% of the soil samples collected. The results of the remaining 14,000 soil samples are expected in the next 3 to 4 weeks.
  • 8.8 km x 1.5 km NE-SW 趨勢相干銅 (“Cu”) 異常 (>150ppm) 連接兩個相距 5 千米的淺層 (
  • “牛眼” 2.8 km x 1.6 km 的相干鉬系(“Mo”)異常被解釋爲未經鑽探測試的地表斑岩系統的核心。
  • 銅鉬異常外圍的砷(“As”)異常被認爲與中間硫化超熱系統有關,阿拉斯最近對該系統進行了取樣,返回的金和銀品位高達29g/t Au和287g/t Ag。
  • 結果證實了一個數千米尺度的系統,該系統由幾個可能在地表覆蓋下連續的礦化區劃定。
  • 2023 年,阿拉斯通過 Elemes 許可證收集了 31,000 個土壤樣本。本新聞稿中公佈的結果僅涵蓋Elemes許可證的西半部分,約佔收集的土壤樣本的60%。剩餘的14,000個土壤樣本的結果預計將在未來3到4周內公佈。

Tim Barry, CEO of Arras Minerals stated, "The coherence and continuity of the copper soil anomaly over 8.8 kilometers is impressive. The results of our soil sampling program combined with widely spaced historical drilling, some of which we have been able to re-assay, all points to a very large and intact porphyry system that starts at surface and has unknown extent as it continues under recent cover to both the northeast and southwest. The re-assay results we put out at the start of this year on some of the historical shallow drillholes in the area show strong copper-gold mineralization grading up to 0.94% CuEq over 108m, and 0.80% CuEq over 132.6 meters, ending in mineralization in some cases. What is even more exciting is that in addition to the copper soil anomaly, our soil results were also able to delineate a 2.8 kilometer by 1.6 kilometer "bull's eye" molybdenum anomaly that has yet to be drill tested. The significance of the molybdenum is that it may point towards the core of the porphyry which typically holds high grade copper and gold mineralization. In summary, we now have a confirmed second large porphyry system within our extensive licence package in NE Kazakhstan."

阿拉斯礦業首席執行官蒂姆·巴里表示, “8.8 千米以上的銅土異常的連貫性和連續性令人印象深刻。我們的土壤採樣計劃的結果加上間隔很遠的歷史鑽探(其中一些我們已經能夠重新分析)都指向了一個非常龐大且完好無損的斑岩系統,該系統始於地表,其範圍不明,一直持續到最近的掩護下。 東北和西南。我們在今年年初公佈的對該地區一些歷史淺層鑽孔的重新分析結果顯示,在1.08億以上的銅金礦化程度高達0.94%,超過132.6米的CueQ品位高達0.80%,在132.6米以上的CueQ品位高達0.80%,在某些情況下以礦化告終。更令人興奮的是,除了銅土異常外,我們的土壤結果還能夠描繪出2.8千米乘1.6千米的 “牛眼” 鉬異常,該異常尚未進行鑽探測試。鉬的意義在於,它可能指向斑岩的核心,斑岩的核心通常含有高品位的銅和金礦化。總而言之,我們在哈薩克斯坦東北部的廣泛許可包中現在有了第二個大型斑岩系統。”

Figure 1. Drone photo showing outcropping argillic alteration at Berezski Central target (Elemes Licence)

圖 1。無人機照片顯示別列茲斯基中央目標發生露出泥土改動(Elemes 許可證)

Figure 2. The 8.8 km copper soil anomaly identified by Arras within the Elemes Licence. Also shown are the results of the re-assayed historical drillholes located at Quartzite-Gorka and Berezski East announced by Arras on 8 January 2024, and 22 January 2024 respectively. The location of the medium sulphidation epithermal system sampled by Arras and announced on 11 July 2023 is also shown. Lastly a wide zone of intense kaolinite alteration at Berezski Central is also shown that is co-incident with the strong molybdenum anomaly that has been identified and shown in Figure 4.

圖 2。阿拉斯在Elemes許可證範圍內發現了8.8千米的銅土異常。還顯示了阿拉斯分別於2024年1月8日和2024年1月22日宣佈的位於石英岩-戈爾卡和別列斯基東部的歷史鑽孔的重新分析結果。還顯示了阿拉斯採樣並於2023年7月11日公佈的介質硫化超熱系統的位置。最後,還顯示了Berezski Central的大片強烈高嶺石蝕變區域,這與圖4中已發現並顯示的強烈鉬異常相吻合。

Figure 3. Soil anomaly maps showing copper results and the alteration map. Also shown are the locations of the re-assayed drillholes located at Quartzite-Gorka and Berezski East as well as Karagandy-Ozek, a high-grade gold-silver epithermal zone. The intensely altered Berezski Central zone is also shown which is co-incident with the 2.8 kilometer x 1.6 kilometer molybdenum soil anomaly (see figure 4).

圖 3.顯示銅含量結果的土壤異常圖和變化圖。還顯示了位於石英岩-戈爾卡和別列茲斯基東部的再分析鑽孔的位置,以及高品位金銀超熱帶卡拉幹迪-奧澤克的鑽孔位置。還顯示了劇烈變化的別列斯基中心區域,這與2.8千米×1.6千米的鉬土壤異常相吻合(見圖 4)。

Figure 4. Soil anomaly maps showing molybdenum, and arsenic results. Also shown are the locations of the re-assayed drillholes located at Quartzite-Gorka and Berezski East as well as Karagandy-Ozek, a high-grade gold-silver epithermal zone. The intensely altered Berezski Central zone is also shown which is co-incident with the 2.8 kilometer x 1.6 kilometer molybdenum soil anomaly.

圖 4.土壤異常圖顯示鉬和砷的結果。還顯示了位於石英岩-戈爾卡和別列茲斯基東部的再分析鑽孔的位置,以及高品位金銀超熱帶卡拉幹迪-奧澤克的鑽孔位置。還顯示了劇烈變化的別列斯基中心區域,這與2.8千米×1.6千米的鉬土壤異常相吻合。

The Soil Sampling Program: In 2023, a comprehensive soil sampling program was undertaken across the Elemes Licence area. This program specifically targeted the well-developed "B soil horizon" utilizing a 50-meter sample interval and 200-meter line spacing grid. A total of approximately 31,000 samples were collected.

土壤採樣計劃:2023年,在Elemes許可區開展了一項全面的土壤採樣計劃。該計劃利用50米的採樣間隔和200米的線距網格專門針對發達的 “B型土壤地平線”。總共收集了大約31,000個樣本。

This press release announces the findings from the initial batch of 17,000 samples, which cover an area of 189.3 sq. km (approximately 11.5 km by 18.2 km) situated on the western side of the Elemes Licence. The results from the remaining 14,000 samples, covering the eastern portion of the Elemes Licence, are anticipated to be available within the next 3 to 4 weeks.

本新聞稿公佈了第一批17,000份樣本的發現,這些樣本覆蓋了位於Elemes許可證西側的189.3平方千米(約11.5千米乘18.2千米)的面積。其餘14,000份樣本的結果預計將在未來3至4周內公佈,這些樣本涵蓋了Elemes許可證的東部部分。

The soil analysis was conducted utilizing a Portable X-ray fluorescence device ("pXRF"), a widely employed instrument for determining the elemental composition of samples. Due to the limited sampling area of the pXRF, the results presented in this release are considered "indicative" rather than fully quantitative regarding mineralization.

土壤分析是使用便攜式X射線熒光設備(“pXRF”)進行的,這是一種廣泛使用的用於確定樣品元素成分的儀器。由於pXRF的採樣區域有限,本新聞稿中提供的礦化結果被認爲是 “指示性的”,而不是完全定量的。

Despite this limitation, the results have revealed a substantial and coherent copper-in-soil anomaly, with copper concentrations exceeding 150 ppm. Background copper in the area is considered to be less than 20 ppm. This anomaly stretches over a remarkable distance of more than 8.8 km from north to south and extends to approximately 1.5 km in width from east to west. Notably, it connects the Quartzite_Gorka and Berezski East historical drilling areas, which are situated over 5 km apart. These areas have previously confirmed high-grade porphyry copper-gold mineralization starting at the surface.

儘管存在這種侷限性,但結果顯示土壤中的銅存在嚴重而連貫的異常,銅濃度超過150 ppm。該區域的背景銅被認爲小於 20 ppm。這種異常現象從北向南延伸了超過8.8千米的驚人距離,從東到西延伸到大約1.5千米的寬度。值得注意的是,它連接了 Quartzite_Gorka 和 Berezski East 歷史鑽探區,這兩個區域相距超過 5 千米。這些區域先前已經證實了從地表開始的高品位斑岩銅金礦化。

The continuity of the copper soil anomaly strongly suggests that the Quartzite-Gorka and Berezski-East areas represent only a small part of a much larger porphyry copper-gold system.

銅土異常的連續性強烈表明,石英岩-戈爾卡和別列茲斯基東部地區僅佔更大的斑岩銅金系統的一小部分。

Re-Assay of Historical Core: The Quartzite-Gorka and Berezski East areas were drilled between 2007 and 2010. All available drill-core have been re-logged in detail by Arras for lithology, structure, alteration, and mineralization. The mineralization seen at both locations is interpreted to be the upper part of a porphyry copper-gold mineralizing system. The mineralization comprises of sheeted and/or stockwork veining of quartz-magnetite "A" veins with minor chalcopyrite-bornite ± k-feldspar halos; magnetite-only "M" veins; and quartz-chalcopyrite veins. Locally disseminated patches of chalcopyrite, bornite and pyrite occur. Anhydrite veins and late epidote-carbonate veins are also observed. The host diorite intrusion is fine-grained, equigranular and typically highly magnetic. Strong potassic (k-feldspar-quartz-magnetite-secondary biotite) alteration of the host diorite has been variably overprinted by intermediate argillic (illite-chlorite) alteration.

重新分析歷史岩心:石英岩-戈爾卡和別列茲斯基東部地區是在 2007 年至 2010 年間鑽探的。所有可用的鑽芯都已由Arras詳細重新記錄,用於巖性、結構、蝕變和礦化。在這兩個地點看到的礦化被解釋爲斑岩銅金礦化系統的上半部分。礦化包括石英磁鐵礦 “A” 脈的片狀和/或板狀脈紋,帶有少量黃銅礦-硼礦石 ± k 長石光環;僅含磁鐵礦的 “M” 礦脈;以及石英-黃銅礦脈。出現局部散佈的黃銅礦、硼石和黃鐵礦斑塊。還觀察到硬石礦脈和晚期表層碳酸鹽靜脈。宿主閃長巖侵入物是細顆粒狀、等粒度的,通常具有很強的磁性。宿主閃長巖的強鉀(k-feldspar-quartz-magnetite-corite-scarite-二級黑雲母)變化在不同程度上被中間泥質(伊利特-亞氯酸鹽)變化所覆蓋。

Arras also sent 6 holes, three each from Quartzite-Gorka and Berezski-East for re-assay. The summarized results of these re-assays are provided in Table 1 below and were disclosed in news releases on January 8, 2024, and January 22, 2024, respectively. Notably, the findings showcased zones of exceptionally high-grade mineralization, including sections measuring 30.8 meters grading 2.21% CuEq and 62 meters grading 1.53% CuEq. For further details, please visit .

阿拉斯還派出了6個洞,分別來自石英岩-戈爾卡和別列茲斯基東部的三個洞進行重新化驗。下表1提供了這些再分析的總結結果,並分別在2024年1月8日和2024年1月22日的新聞稿中披露。值得注意的是,這些發現顯示了極高品位的礦化區域,包括礦化等級爲30.8米的區域,CueQ品位爲2.21%,CueQ等級爲62米的區域,礦化等級爲1.53%。欲了解更多詳情,請訪問。

Table 1. Summary table for the re-assay of historical drill holes for Quartzite-Gorka and Berezski-East
Notes: Copper Equivalent ("CuEq") grades reported for the drill holes at Quartzite Gorka were calculated using the following formula: CuEq % = Copper (%) + (Gold (g/t) x 0.8264) + (Silver (g/t) x 0.0107) + (Molybdenum (ppm) x 6.0000). Gold Equivalent ("AuEq") grades reported for the drill holes at Quartzite Gorka were calculated using the following formula: AuEq g/t = Gold (g/t) + (Copper (%) x 1.2100) + (Silver (g/t) x 0.0129) + (Molybdenum (ppm) x 4.0334). Assumptions used for the copper and gold equivalent calculations were metal prices of US$3.00/lb. Copper, US$1,700/oz Gold, US$22/oz Silver, US$18/lb. Molybdenum, and metallurgical recoveries were assumed to be 90% for Cu and Au and 50% for Ag and Mo. Intervals are core-length weighted and original core recovery is estimated to be > 90 %.

表 1重新分析石英岩-戈爾卡和別列茲斯基-東部的歷史鑽孔彙總表
注意:石英岩戈爾卡鑽孔報告的銅當量(“CueQ”)等級是使用以下公式計算得出的:CueQ% = 銅(%)+(金(g/t)x 0.8264)+(銀(g/t)x 0.0107)+(鉬(ppm)x 6.0000)。石英岩戈爾卡鑽孔報告的金當量(“AuEq”)等級是使用以下公式計算得出的:auEq g/t = 金(g/t)+(銅(%)x 1.2100)+(銀(g/t)x 0.0129)+(鉬(ppm)x 4.0334)。計算銅和金當量的假設是金屬價格爲3.00美元/磅。銅、1,700美元/盎司黃金、22美元/盎司銀、18美元/磅。假設銅和金的鉬和冶金回收率爲90%,銀和鉬的回收率爲50%。間隔採用核心長度加權,原始核心回收率估計大於 90%。

The Berezski Target: is located within the 425 square km Elemes mineral exploration licence. The Licence benefits from excellent modern infrastructure and ease of accessibility, being located only 20 km from Arras' operational base in the city of Ekibastuz, northeastern Kazakhstan. A paved highway runs through the licence, and within 1 km of the Berezski target. 1100 KVA power lines and heavy rail all lie within a 15 km radius of the project.

別列茲斯基目標:位於425平方公里的Elemes礦產勘探許可證範圍內。該許可證受益於良好的現代基礎設施和便捷的交通便利,距離哈薩克斯坦東北部埃基巴斯圖茲市的阿拉斯運營基地僅20公里。一條鋪好的高速公路穿過許可證,距離別列茲斯基目標不到1公里。1100千伏安的電力線和重型鐵路都位於該項目15公里半徑範圍內。

The Berezski target is located within the Bozshakol-Chingiz metallogenic belt that also hosts the Beskauga porphyry copper-gold-silver project approximately 80 km to the east, and KAZ Minerals' Bozshakol porphyry copper-gold mine () approximately 60 km to the northwest.

別列茲基目標位於博茲沙科爾-欽吉茲成礦帶內,該地帶東部約80公里處還有貝斯考加斑岩銅金銀項目,西北約60公里處是KAZ Minerals的Bozshakol斑岩銅金礦()。

Figure 5. Arras's License Package showing Arras-Teck Strategic Alliance Areas as "Package A" and "Package B" as well as the Elemes, Aimandai, Stepnoe, & Ekidos licences which are 100% owned by Arras.

圖 5.Arras的許可證包將Arras-Teck戰略聯盟區域顯示爲 “套餐A” 和 “套餐B”,以及阿拉斯100%擁有的Elemes、Aimandai、Stepnoe和Ekidos許可證。

Sampling Methodology

採樣方法

Samples were collected on a 50m (East-west) by 200m (north-south) grid spacings. Samples were collected from hand-dug pits, trying to consistently sample the B horizon. Approximately 500 grams of material was collected and sieved (5mm mesh size) to review larger particles and organic matter. Following collection, the samples were bagged, dried, and analyzed by the company with a Portable Niton XL5 X-ray fluorescence analyzer at the company's core storage facility in Ekibastuz.

樣本是在50米(東西向)乘以200米(南北)的網格間距上採集的。樣本是從手工挖掘的礦坑中採集的,試圖對B地平線進行一致的採樣。收集了大約 500 克的材料並進行了篩選(網目大小爲 5 毫米),以審查較大的顆粒和有機物。採集後,該公司在埃基巴斯圖茲的核心存儲設施中使用便攜式Niton XL5 X射線熒光分析儀對樣品進行裝袋、乾燥和分析。

Assay, QAQC Procedures:

化驗、質量控制程序:

Analysis was conducted using the company's two Niton XL5 portable XRF units. Units were calibrated at the start and end of each work shift as well as after every 100 samples to verify accuracy. In addition, a measurement from a certified reference material was taken every 20 measurements to ensure accuracy and repeatability of data. In addition, prior to commencement of the measurements, 100 duplicate samples were analyzed using both units to confirm that both units were producing accurate results and that no bias was present in either of the units.

分析是使用該公司的兩臺Niton XL5便攜式XRF設備進行的。在每次工作班次開始和結束時以及每 100 個樣本之後對單位進行校準,以驗證準確性。此外,每20次測量都會使用經過認證的參考材料進行一次測量,以確保數據的準確性和可重複性。此外,在開始測量之前,使用兩個單元對100個重複樣本進行了分析,以確認兩個單元都得出了準確的結果,並且兩個單元中都不存在偏差。

All soil material is stored at Arras' warehouse in Ekibastuz, and the company plans to send a proportion of these samples to ALS Chemex in Karaganda, Kazakhstan for reanalysis with a 4-acid digest ICP-MS61 analysis and for trace gold analysis (using Au-ST43).

所有土壤材料都儲存在阿拉斯位於埃基巴斯圖茲的倉庫中,該公司計劃將其中一部分樣本運送到哈薩克斯坦卡拉幹達的ALS Chemex,通過四酸摘要 ICP-MS61 分析進行再分析,並進行痕量金分析(使用Au-st43)。

Qualified Person: The scientific and technical disclosure for the Elemes Project included in this news release has been prepared under supervision of and approved Tim Barry, Chief Executive Officer, and Director of Arras Minerals Corp., who is also a Member and Chartered Professional Geologist (MAusIMM CP(Geo)) of the Australasian Institute of Mining and Metallurgy. Mr. Barry has sufficient experience, relevant to the styles of mineralization and type of deposits under consideration and to the activity that he is undertaking, to qualify as a Qualified Person ("QP") for the purposes of National Instrument 43-101 Standards of Disclosure of Mineral Projects ("NI 43-101").

合格人士:本新聞稿中包含的Elemes項目的科學和技術披露是在阿拉斯礦業公司首席執行官兼董事蒂姆·巴里的監督和批准下編寫的,他也是澳大利亞礦業和冶金學會的會員和特許專業地質學家(MauSimm CP(Geo))。Barry先生在礦化類型和所考慮的礦牀類型以及他正在開展的活動方面擁有足夠的經驗,因此有資格成爲符合National Instrument 43-101礦產項目披露標準(“NI 43-101”)的合格人員(“QP”)。

On behalf of the Board of Directors
"Tim Barry"

代表董事會
“蒂姆·巴里”

Tim Barry, MAusIMM CP(Geo)
Chief Executive Officer and Director

Tim Barry,MausimM CP(Geo)
首席執行官兼董事

INVESTOR RELATIONS:
+1 604 687 5800
info@arrasminerals.com

投資者關係:
+1 604 687 5800
info@arrasminerals.com

Further information can be found on the Company's website or follow us on LinkedIn: or on X, formerly known as Twitter:

更多信息可以在公司的網站上找到,也可以在LinkedIn上關注我們:或在X(前身爲Twitter)上關注我們:

About Arras Minerals Corp.

關於阿拉斯礦業公司

Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project. The Company has established the third-largest license package in the country prospective for copper and gold (behind Rio Tinto and Fortescue Metals Group). The Company's shares are listed on the TSX-V under the trading symbol "ARK".

Arras是一家加拿大勘探和開發公司,在哈薩克斯坦東北部推進銅和黃金資產組合,包括Beskaugauga銅金項目的期權協議。該公司已經建立了該國第三大銅和黃金許可計劃(僅次於力拓和Fortescue Metals Group)。該公司的股票在多倫多證券交易所上市,交易代碼爲 “ARK”。

Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources: This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. The Company advises U.S. investors that these terms are not recognized by the SEC. The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies.

致美國投資者的有關測量、指示和推斷資源估計的警示說明: 本新聞稿使用了 “實測資源”、“指示資源” 和 “推斷資源” 等術語,這些術語在 NI 43-101 中定義並要求披露。該公司告知美國投資者,美國證券交易委員會不承認這些條款。與估計已探明和可能儲量相比,對測量、指示和推斷的資源的估算涉及其存在和經濟可行性的不確定性更大。提醒美國投資者不要假設測定和指示的礦產資源會轉化爲儲量。與其他類別資源的估計相比,推斷資源的存在和經濟可行性方面的不確定性要大得多。提醒美國投資者,不要假設對推斷的礦產資源的估計存在、經濟上可開採或將被升級爲可測或指示的礦產資源。根據加拿大證券法,對推斷礦產資源的估算可能不構成可行性或其他經濟研究的基礎。

Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101.

根據加拿大法規,允許披露資源中的 “含量盎司”,但是,美國證券交易委員會通常只允許發行人報告按美國證券交易委員會標準不構成 “儲量” 的礦化情況,而不考慮單位衡量標準。因此,本新聞稿中包含的信息可能無法與不受NI 43-101約束的美國公司公開的類似信息進行比較。

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, including the expansion of the Mineral Resource, and other aspects of the Mineral Resource estimates for the Beskauga project. 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 subject to a number of assumptions, risks and uncertainties, many of which are beyond management's control, including undertaking further exploration activities, the results of such exploration activities and that such results support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in the Management Discussion and Analysis filed on the Company's profile on SEDAR on March 30, 2023 and in the Company's Annual Report on Form 20-F for the fiscal year ended October 31, 2022 filed with the U.S. Securities and Exchange Commission filed on February 24, 2023 available on www.sec.gov. 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 the Company in this release is based only on information currently available and speaks only as of the date on which it is made. The Company 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.

關於前瞻性陳述的警示說明: 本新聞稿包含有關未來事件和Arras未來業績的前瞻性陳述,這些陳述受根據1995年《美國私人證券訴訟改革法》、經修訂的1933年《證券法》、《交易法》以及適用的加拿大證券法建立的安全港的約束。除其他外,前瞻性陳述包括有關阿拉斯正在進行的勘探計劃的計劃和預期的陳述,包括礦產資源的擴張,以及貝斯考加項目礦產資源估算的其他方面。這些陳述基於當前對Arras勘探項目、Arras運營的行業以及Arras管理層的信念和假設的預期、估計、預測和預測。諸如 “期望”、“預期”、“目標”、“目標”、“項目”、“打算”、“計劃”、“相信”、“尋求”、“估計”、“繼續”、“可能”、“可能” 之類的詞語,以及對未來的類似表達和提法 週期,旨在識別此類前瞻性陳述。前瞻性陳述受許多假設、風險和不確定性的約束,其中許多是管理層無法控制的,包括開展進一步的勘探活動、此類勘探活動的結果,這些結果支持持續的勘探活動、礦石品位、類型和冶金的意外變化、大宗商品價格的波動和水平、充足的未來融資以及管理層討論與分析中以 “風險因素” 標題討論的其他事項公司於2023年3月30日在SEDAR上以及公司於2023年2月24日向美國證券交易委員會提交的截至2022年10月31日財年的20-F表年度報告中的簡介,可在www.sec.gov上查閱。提醒讀者,前瞻性陳述並不能保證未來的業績,實際結果或發展可能與前瞻性陳述中表達或暗示的結果或發展存在重大差異。公司在本新聞稿中發表的任何前瞻性陳述僅基於當前可用的信息,並且僅說明截至該聲明發表之日。公司沒有義務公開更新可能不時發表的任何前瞻性陳述,無論是書面陳述還是口頭陳述,無論是由於新信息、未來發展還是其他原因。

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