Arras Minerals: Massive Underexplored Mineral Potential Beckons in Kazakhstan

• Kazakhstan has excellent geology and is highly underexplored for mining, with huge potential for new discoveries.
• Arras Minerals has acquired the Boschekul copper-gold porphyry deposit, with 3.5M oz gold and 600kt copper. They are now drilling to expand the resource.
• The company has staked 9 licenses covering 3000 sq km of highly prospective ground in the Bozshakol-Chingiz belt. Airborne surveys have revealed exciting targets.
• Major mining companies like Glencore and Rio Tinto are already active in Kazakhstan, but Arras is the first junior company, giving them a first-mover advantage.
• The company has a strong board and technical advisory board to drive exploration and development. An investment by Tech has validated the opportunity.

Kazakhstan is emerging as the next big mineral exploration frontier, with world-class yet underexplored geology. The country already ranks in the top 15 globally for production of uranium, chromite, copper and iron ore. However, modern exploration has been minimal since the breakup of the Soviet Union. A new mining law introduced in 2018 is set to unlock the country's immense mineral potential.

Junior explorer Arras Minerals (TSX-V: ARK) has positioned itself at the vanguard of this mineral exploration renaissance. Arras is the first Canadian junior company to gain a foothold in Kazakhstan. With its acquisition of the advanced Boschekul porphyry copper-gold deposit and extensive new license areas, the company has built a dominant 3,000 sq km land position along the highly prospective Bozshakol-Chingiz belt.

Advanced Boschekul Deposit Provides Solid Platform

Arras Minerals acquired the Boschekul project in 2021 through an option agreement with a private Swiss company. Historic drilling by the Soviets delineated an initial inferred resource of 3.5 million oz of gold and 590,000 tonnes (650,000 tons) of copper.

Arras Minerals has embarked on a 30,000 meter drill program at Boschekul. Recent results include intersections of 973m at 0.82% copper equivalent and 1,120m at 0.59% copper equivalent. The drilling has already extended the deposit an extra 400m at depth, and all holes ended in mineralization. The deposit remains open for major expansion, both at depth and along strike. An induced polarization (IP) survey highlights the potential, with the mineralization correlating closely with a 5km long chargeability anomaly. Only a tiny portion of this huge anomaly has been drill-tested.

CEO Brian Edgar emphasizes the amazing infrastructure at Boschekul, with road, rail, power and water all readily available. A 150,000-person mining city provides an experienced workforce. Unlike many mineral projects, there are no environmental or community concerns.

Huge New License Areas Offer Tremendous Discovery Potential

While advancing Boschekul, Arras Minerals has also acquired 9 new licenses covering 3,000 sq km in the highly prospective Bozshakol-Chingiz magmatic arc. This belt hosts two major copper-gold porphyry mines, Bozshakol and Aktogay, operated by Kaz Minerals PLC. Arras now holds the third significant porphyry deposit in this belt at Boschekul.

Yet only three porphyry systems are currently known along the entire 500km x 100km belt. By comparison, belts of equivalent size host many more deposits, such as 25 porphyries in northern Chile. This strongly points to the potential for additional undiscovered porphyry and skarn systems. Modern exploration in the belt has been negligible since Soviet times. Arras has completed the first airborne magnetic survey over its licenses since then, generating major new targets. At the 200 sq km Bozshakol license, magnetic data indicates the known billion-tonne porphyry deposit likely continues south under shallow cover onto Arras's ground.

Several other magnetic anomalies correspond with copper-gold mineralization identified by past Soviet drilling. These present compelling drill targets to test for further major discoveries. With its first-mover advantage, Arras has staked the pick of available ground in this emerging exploration hotspot.

Strong Leadership to Unlock Potential

Arras Minerals has assembled an impressive leadership team to steer its exploration efforts. Chairman Brian Edgar has launched and led multiple successful mining ventures with the London-based Endeavour Group. Vera Kobalia provides crucial knowledge of Kazakhstan, having spearheaded the $6 billion Expo 2017 World Fair in Astana.

Renowned exploration geologist Craig Hart serves on the Technical Advisory Board. Hart has advised many major mining companies on successfully finding multi-million-ounce gold deposits. The company's strategic direction is validated by major mining investor Tech Metals Research taking a 9.9% equity stake in 2021. Their investment recognizes Arras's prime position in Kazakhstan's rapidly evolving mining sector.

Arras Minerals CEO Dan Kunz summed up the opportunity: "We have a dominant land position in an extremely prospective belt, with potential for at least four more major discoveries." This could prove a game-changing opportunity for Arras in a vastly underexplored country. As Hart states, "For a geologist, it's a once in a lifetime opportunity."

With its cornerstone Boschekul resource, vast expansion potential and huge new discovery opportunities, Arras Minerals presents a compelling investment case. The company offers exceptional leverage to succeed in unlocking the vast mineral wealth of Kazakhstan's next exploration frontier.

The Investment Thesis for Arras Minerals

• First mover advantage in underexplored country with excellent mineral potential
• Advanced Boschekul porphyry deposit with 3.5Moz gold and excellent expansion potential
• Dominant 3000 sq km land holding along highly prospective Bozshakol-Chingiz belt
• Multiple new porphyry targets identified from recent aerial magnetic surveys
• Strong technical team with a track record of major discoveries worldwide
• Strategic investment from Tech Metals Research validates potential
• Significant re-rating potential as exploration success grows resource base