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Bullboard - Stock Discussion Forum Arras Minerals Corp. V.ARK

Alternate Symbol(s):  ARRKF

Arras Minerals Corp. is a Canadian exploration and development company. The Company is advancing a portfolio of copper and gold assets in northeastern Kazakhstan. The Company’s assets consist primarily of the option to acquire a 100% interest in the Beskauga property in Kazakhstan and conducting its operations through Ekidos Minerals LLP (Ekidos), which holds exploration licenses for properties... see more

TSXV:ARK - Post Discussion

Arras Minerals Corp. > Update resources Beskauga
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Post by andre171 on Jun 21, 2022 8:52am

Update resources Beskauga

Compared to that of February 202, the update of the indicated resources of the Beskauga deposit published yesterday shows a very strong decrease for the 3 metals (-25% for gold, -30% for copper and -34% for gold). 'silver). I find this all the more disappointing as metal prices have risen and recoveries are better. What do you think ?
Comment by LondonInvest on Jun 21, 2022 9:16am
They streamlined the deposit considerably reducing the amount of waste material for the Indicated by over 45%.  They used a more conservative and higher grade per tonne cut offs as well.  I think they are just bringing the project into a good solid foundation from which to expand and build upon.  Lots more drilling planned.  Happy to hear others view on this.