Arras Minerals Corp. announced that it has commenced an Induced Polarization survey on its 531 square kilometer Elemes project in northeastern Kazakhstan, to help further define the most prospective drill targets. The commencement of the IP survey works follows the recent closing of an upsized financing in which the Company successfully raised CAD 5.2 million to support ongoing exploration activities on the Company's copper-gold projects in Kazakhstan.

The IP survey will cover the extensive Berezski copper anomaly, associated with highly altered diorites, that displays remarkably similar geological and structural characteristics to the Bozshakol copper-gold mine located approximately 60 km northwest. Induced Polarization (IP) Survey: The IP and resistivity surveys are being undertaken by Aurora Geophysics of Astana, Kazakhstan. The survey includes 125km of survey lines and will utilize a pole-dipole array with an electrode spacing of 200m, and an average line spacing of 500m.

The survey is designed to measure to a depth of ~250m. Mineralization in porphyry deposits is associated with sulphide minerals, predominantly pyrite and chalcopyrite, which makes the IP survey an important tool in targeting sulphide mineralization at depth and enhancing the definition of drill targets. Additionally, the resistivity function of the survey will assist in identifying silica enriched zones, another import vector tool for future drill planning.

The Berezski Target is located within the 531 square kilometre Elemes/Aimandai license area. The property benefits from excellent modern infrastructure and ease of accessibility, being located only 20 kilometres ("km") from Arras' operational base in the city of Ekibastuz, Pavlodar. A paved highway runs through the license, and within 5 km of the Berezski target.

1100 KVA power lines and heavy rail all lie within a 15-kilometer radius of the project. The Elemes Project is located within the Bozshakol-Chingiz metallogenic belt that also hosts the Beskauga porphyry copper-gold-silver project approximately 80 km to the east, and KAZ Minerals' Bozshakol porphyry copper-gold mine (2022 production 102kt Cu and 113Koz Au 2) approximately 60 km to the northwest.