Welcome to our dedicated page for Arras Minerals news (Ticker: ARRKF), a resource for investors and traders seeking the latest updates and insights on Arras Minerals stock.
Arras Minerals Corp. (ARRKF) provides investors with essential updates on copper and gold exploration in Kazakhstan's premier mining regions. This dedicated news hub consolidates official announcements, technical developments, and strategic partnership updates from the TSX-V/OTCQB-listed explorer.
Access timely reports on drilling results, geophysical survey findings, and resource expansion efforts across key projects like Beskauga. Track milestones in corporate alliances, including collaborations with industry leaders like Teck Resources, that shape the company's exploration strategy.
The curated news collection enables stakeholders to monitor operational progress through critical updates: mineral resource estimates, exploration license expansions, and technical report publications. All content adheres to NI 43-101 standards, ensuring reliable disclosure of exploration results and mineral potential.
Bookmark this page for streamlined access to Arras Minerals' evolving story in Central Asia's mining sector. Regular updates provide insights into geological discoveries and corporate developments influencing long-term project viability.
Arras Minerals held its annual and special meeting of shareholders on April 29, 2025, with 30.8% (31,113,266) of outstanding shares represented. Shareholders approved setting the board to seven directors, with all nominees receiving overwhelming support of 99.8% votes in favor.
Key highlights include:
- All seven directors, including Brian Edgar, Timothy Barry, and Darren Klinck, were elected with strong shareholder backing
- Smythe LLP appointed as auditors with 99.9% approval
- Shareholders approved amendments to equity incentive plan (98.9% in favor)
- Company granted 39,498 deferred share units to independent directors at C$0.7754 per DSU
This marks the first DSU grant to independent directors, issued as compensation for Q2 2025 services in lieu of cash, based on the 5-day volume weighted average price on TSX Venture Exchange.
Arras Minerals Corp (TSXV:ARK)(OTCQB:ARRKF) has initiated its 2025 exploration field program in northeastern Kazakhstan. The program includes:
1. At the Elemes Project:
- Geophysics program at Berezski and Aimandai targets starting in 10 days
- Drilling at Berezski Central target beginning in May
- Vector IP geophysics program covering 65 sq km at Aimandai Target
2. Under the Arras-Teck Strategic Alliance:
- Core drilling program at Besshoky target
- Ground IP geophysics program at Bozshakol group of licenses
Additionally, the company granted 2,475,000 stock options to directors, officers, employees and advisors at C$0.83 per share, vesting over 3 years with a five-year term.
Arras Minerals Corp (OTCQB:ARRKF) has successfully closed an oversubscribed financing round, raising C$16.1 million through brokered and non-brokered private placements. The company issued 18,941,177 common shares at $0.85 per share, with Teck Resources increasing its ownership to approximately 9.9%.
The financing consisted of a brokered portion of 15,119,708 shares led by Haywood Securities Inc. and a non-brokered portion of 3,821,469 shares. The funds will support exploration activities at the Elemes Project in Kazakhstan, with programs set to commence later this month. The financing ensures the company is fully funded for its Phase 2 exploration program, with operational flexibility extending into 2026.
Arras Minerals Corp (OTCQB:ARRKF) has successfully raised C$4,053,733 through the complete exercise of 10,134,332 warrants by holders, following the company's acceleration of the warrant expiry date announced on February 12, 2025.
The company plans to commence fieldwork in April, focusing on the Phase 2 program at Elemes and the Arras-Teck Strategic Alliance work program in Kazakhstan. Additionally, Arras has granted 241,196 restricted share units (RSUs) to officers as 2024 performance awards, vesting one year from February 27, 2025.
The company has also settled 1,495,484 RSUs granted in February 2024 as common shares. Following these transactions, Arras now has 100,865,297 common shares outstanding.
Arras Minerals (ARRKF) has announced its 2025 exploration program plans under the Arras-Teck Strategic Alliance, covering 1,736 sq km of licenses in Kazakhstan. The program includes:
- A +5,000m diamond drill program targeting multiple copper and copper-gold sites
- A 75 line-km Pole-Dipole Induced Polarization program
- Drilling expected to commence in Q2 2025
The alliance focuses on two main areas: Package A (1,397 sq km) with four priority targets (Taga-Ketti, Shirderty, Pinta, and Tort-Kuduk) near the Bozshakol copper-gold mine, and Package B (629.8 sq km) featuring the Besshoky target, a +20 sq km lithocap with potential for porphyry Cu-Mo and high-sulfidation epithermal Au mineralization.
Arras Minerals Corp. (TSXV: ARK) (OTCQB: ARRKF) has announced its participation in the upcoming Prospectors & Developers Association of Canada's (PDAC) Convention. The event will be held at the Metro Toronto Convention Centre from March 2-5, 2025. Interested parties can visit Arras Minerals at Booth #2909 during the convention.
Arras Minerals (TSX-V:ARK, OTCQB:ARRKF) has announced the acceleration of the expiry date for its common share purchase warrants issued on June 6, 2024. This decision comes after meeting the Acceleration Condition, where the volume weighted average trading price (VWAP) of common shares exceeded $0.60 for 15 consecutive trading days.
Currently, 10,084,330 Warrants remain unexercised. Each warrant can be exercised to acquire one Common Share at $0.40. If all warrants are exercised, the company stands to receive approximately $4.03 million in proceeds. Warrantholders have until March 14, 2025 (30 days from announcement) to exercise their warrants, after which any unexercised warrants will be automatically canceled.
Arras Minerals has announced significant results from its Phase 1 drill program at the Berezski target in Northeast Kazakhstan. The highlight includes hole EL24005, which yielded 547 meters of mineralization grading 0.70% copper-equivalent, starting from just 14 meters depth.
The Elemes project, located 61km southeast of Kaz Mineral's Bozshakol Copper Mine, has shown promising results with multiple drill holes intercepting substantial mineralization. Notable intercepts include EL24006 with 56m grading 0.68% CuEq and EL24010 with 152m grading 0.13% CuEq.
The company plans a Phase 2 program including approximately 20,000 meters of core drilling at Berezski target and 5,000 meters at Aimandai target. The program will also include ground magnetic surveys and comprehensive soil sample analysis to identify priority drill targets.
Arras Minerals has announced significant drill results from its Elemes project in Northeast Kazakhstan. The key highlight is drill hole EL24004, which intersected substantial gold mineralization starting from surface, including:
- 304.8m @ 0.54 g/t gold-equivalent (AuEq)
- 194.8m @ 0.69 g/t AuEq
- 86.8m @ 1.10 g/t AuEq
- 37.8m @ 1.50 g/t AuEq
The mineralization is hosted in altered diorites containing pyrite and quartz magnetite veining. The Elemes project is located 61km southeast of Kaz Mineral's Bozshakol Copper Mine. Additional results from holes EL24008 and EL24009 showed promising gold mineralization, with EL24009 intersecting gold-bearing quartz veins at the K-Ozek target, suggesting potential for multiple high-grade low sulphidation epithermal veins.
Arras Minerals has announced initial drilling results from its Elemes project in Northeast Kazakhstan. The first three holes at the Berezski Central target revealed significant porphyry-style copper-gold mineralization starting from the surface. Key highlights include:
- EL24001: 261m @ 0.64% CuEq (0.39 g/t Au, 0.24% Cu) from 22m
- EL24002: 102m @ 0.45g/t AuEq (0.31 g/t Au, 0.11% Cu) from 2m
- EL24003: 264m @ 0.30g/t AuEq (0.17 g/t Au, 0.09% Cu) from 41m
The Elemes project is located 61km Southeast of Kaz Mineral's Bozshakol Copper Mine. The Phase 1 drilling program of approximately 4000 metres was completed in late December, focusing on priority targets at Berezski Central, Berezski East, Q-Gorka and K-Ozek targets.
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