Arras Minerals Commences 2025 Exploration Field Program In Kazakhstan | ARRKF Stock News

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Apr 16, 2025
  • Arras Minerals Corp (TSXV:ARK)(OTCQB:ARRKF) has launched its 2025 exploration field program in northeastern Kazakhstan.
  • The exploration focuses on key targets including the Elemes Project and the Arras-Teck Strategic Alliance areas.
  • 2,475,000 stock options have been granted at C$0.83 per share, vesting over three years.

Arras Minerals Corp (TSXV:ARK)(OTCQB:ARRKF) has initiated its 2025 exploration field program in northeastern Kazakhstan. The program includes extensive geophysics and drilling activities at the Elemes Project and other strategic alliance locations.

At the Elemes Project, a geophysics program targeting Berezski and Aimandai will begin in the next 10 days, with drilling at the Berezski Central target scheduled to commence in May. Furthermore, a Vector IP geophysics program covering 65 sq km is planned for the Aimandai target.

As part of the Arras-Teck Strategic Alliance, a core drilling program will be initiated at the Besshoky target, alongside a ground IP geophysics program at the Bozshakol group of licenses. Overall, this alliance covers 1,736 square kilometers of exploration licenses.

The company has also granted 2,475,000 stock options to directors, officers, employees, and advisors. These options are priced at C$0.83 per share, vesting over three years with a five-year term.

The expansion of Arras Minerals' exploration program in Kazakhstan is driven by favorable weather conditions and a strategic partnership with Teck Resources, highlighting their commitment to exploring copper and gold assets in the region.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.