Arras Minerals
Financials:
Primary ticker: TSXV:ARK
Stage of development: Exploration, Development
Primary minerals: Copper, Gold
Project to promote: Beskauga
Project location: Kazakhstan
Website: www.arrasminerals.com
Corporate presentation: Click here
Arras Minerals is an early-mover in one of the most mineralogically endowed countries in the world: Kazakhstan. Established in 2021, Arras has assembled a strategic land package (3000 sq km & 3rd largest in country behind Rio Tinto and Fortescue) focusing on copper-gold. The flagship Beskauga project already contains a significant resource with first Arras hole in January 2022 reporting 973m @ 0.82% CuEq. Most of the additional regional licenses are now undergoing modern exploration for the first time by Arras Minerals. 2022 was the first field season. Drilling ongoing.
Cash: CAD$2M
Debt: NIL
Major shareholders:
Management Ownership – 8%
Management Profile
Tim Barry, CEO & Director, based in Kazakhstan. Professional Geologist. 20+ years experience throughout Mongolia, West/Central Africa, Australia, New Zealand, Canada and Mexico.
Darren Klinck – President & Director
Darren Klinck, President & Director, based in Vancouver. ~20 years experience throughout North/Central America, Australia, New Zealand & Asia. Former Pres & CEO of Bluestone Resources. Former EVP & Head of Business Development of OceanaGold.
What is your rationale for taking part in 121 Mining Investment?
Arras is a new company, recently publicly listed.
What recent news would you like to highlight to investors attending?
September 14, 2022 – Arras Minerals intercepts 689.2m @ 0.76 % CuEq, including 120.9m @ 2.35% CuEq which includes a zone of 17m @ 7.48% CuEq at Beskauga in Kazakhstan
What do you think makes your company such a compelling investment?
Arras Minerals is an early-mover into a highly prospective country – Kazakhstan. The Company is already demonstrating world-class drill intervals from its Beskauga project and is just completing its first field season on the 3000 sq km license package in the same copper-gold belt where there are numerous current and past producing mines including Kaz Minerals’ Bozshakol (1Bt@ 0.40% Cu).
What are the top 3 key investor takeaways?
Early mover into large scale copper-gold belt in NE Kazakhstan. “If you haven’t been to Kazakhstan in the past five years…. you haven’t been to Kazakhstan!”