- Business
- Arras Minerals Corp. (TSX-V: ARK) is a Canadian mineral exploration company focused on the discovery and development of copper and gold deposits in Kazakhstan. The company holds a portfolio of exploration projects including the Elekuduk Gold Project, the Fyodorovskoye Copper-Gold Project, the Taldybulak Copper-Gold Project, and the Chernikovskoye Copper-Gold Project; it offers exploration services encompassing drilling, geophysical surveys, geochemical sampling, and resource estimation. Arras Minerals operates primarily in the Republic of Kazakhstan, targeting large-scale porphyry copper-gold systems with potential for tier-one deposits, and serves institutional investors and mining partners in the junior exploration sector.
Founded in 2019 and headquartered in Vancouver, British Columbia, Canada, the company maintains strategic joint ventures, notably with Kazakhaltyn Technologies LLP on the Fyodorovskoye project where Arras holds 85% interest subject to a 1.5% net smelter return royalty. Recent developments include the acquisition of the Taldybulak project in 2024 through a combination of cash, shares, and exploration commitments; a C$12.5 million bought deal private placement financing closed in March 2025 to fund accelerated drilling programs; and the launch of a Phase II drill program at Fyodorovskoye in mid-2025, expanding the known copper-gold system with over 20,000 meters of drilling completed year-to-date. These initiatives reflect Arras Minerals' strategic shift toward aggressive resource delineation and partnership enhancements amid rising global demand for critical metals.