Arras Minerals Corp. V.ARK

Cu prices softened and with drilling so inexpensive in KZ,

[tamari]

wouldn't mind if they pause Beskauga and drill a few thousand meters among their 10 regional licenses. There are some decent gold & copper showings from various presentations:

Examples of Historical Drilling on our Licences

o “Berezski East” – porphyry target (Elemes licence)

•  105 meters grading 1.17 g/t gold (“Au”) and 0.2 % copper (“Cu”)
•  93 meters grading 0.51 g/t Au and 0.12 % Cu
•  68.4 meters grading 0.95 g/t Au and 0.18 % Cu

o "Quartzite Goka” – intermediate sulfidation epithermal target (Elemes Licence)

•  143 meters grading 0.71 g/t Au and 0.42 % Cu
•  72 meters grading 1.06 g/t Au and 0.38 % Cu
•  84 meters grading 0.78 g/t Au and 0.34 % Cu

o “Amankol” – epithermal target (Akkuduk Licence)

•  14.5 meters grading 0.89 % Cu (no Au assays reported)
•  8 meters grading 1.42 % Cu (no Au assays reported)
•  10 meters grading 1.79 % Cu (no Au assays reported)

o “Akkuduk-Norgubek” porphyry-epithermal target (Norgubek Licence)

•  30.5 meters grading 1.65 g/t Au and 0.18 % Cu
•  40.5 meters grading 1.07 g/t Au (no Cu assays reported)
•  30.2 meters grading 1.19 g/t Au (no Cu assays reported)

Maisor: Adjacent to operating Bozshakol Copper mine (Kaz
Minerals) and on trend. Minimal exploration due to cover.

Aktasty: Same host rocks as Maisor but minimal historical
work completed.

Elemes: Early work from 1950s included shallow shafts
and drill holes identifying Au-Cu (porphyry epithermal target).

Quartzite Drilling 2007
12 drill holes to date - includes:
143m @ 0.71g/t Au & 0.42% Cu
72m @ 1.06g/t Au & 0.38% Cu
84m @ 0.78g/t Au & 0.34% Cu

Berezski Drilling 2010
14 drill holes to date – includes:
105m @ 1.17g/t Au & 0.2% Cu
93m @ 0.51g/t Au & 0.12% Cu
68.4m @ 0.95g/t Au & 0.18% Cu

Stepnoe: Shallow historical workings (1970s) & KGK drilling
(1980s) identified copper mineralization. No diamond drilling
completed that we are aware of in these areas.

Ekidos: No visible outcrop and located on same structural
trend as Beskauga.

Nogurbek: Minimal historical drilling to 200m
demonstrated good Au grades. 30 km to the producing
Maikain mining district (40mt @ 1.14% Cu, 2.4 g/t Au, 43 g/t
Ag, 2.5% Zn and 0.44% Pb)

Akkuduk: Numerous targets including: unexplored 7 x 2
km lithocap coincident with Cu-Au-Ag-Mo-As-Pb-Zn soil
anomalies and IP chargeability anomalies; Igneous complex
with soviet era drilling up to 10 g/t Au; Igneous complex with
trench samples up to 2% Cu & 10 g/t Au

2023***Three additional licenses that were secured earlier this year (Bozhakol South, Aimandai & Besshoky).