Darren Klinck of Arras Minerals Corp. presents at Metals Investor Forum in Vancouver | Sep 2026
Metals Investor Forum Sep 25, 2026 10:42
Summary
Arras Minerals is drilling three porphyry copper-gold centers in northeastern Kazakhstan — North, Central, and East Breski — with ~30 holes pending.
Klinck argues Kazakhstan's low operating costs ($110/m drilling, 50¢/L diesel, $2.10/kWh power) make sub-0.5% Cu grades economic.
Arras closed a $25M bought deal about two months ago, with management saying the cash extends the runway into late next year.
Klinck positions Arras on the Borschko Chinggis magmatic arc — adjacent to the low-cost Boshakal copper mine — with a 3,000+ sq km land package.
Drill meters scaled 4,000 → 10,000 → 40,000 across recent years, with ~38 holes reported and ~30 assays still pending.
Darren Klinck's takeaways
- Top takeaway The guest argues Kazakhstan is one of the cheapest places in the world to explore, operate, and build mines, making it a strategic jurisdiction for copper-gold discovery.
- He frames the Elemis project in northeastern Kazakhstan as an early-mover position, with his team being the first North American junior to enter the country about four years ago.
- Klinck highlights three porphyry centers at Breski (north, central, east) with about 38 holes reported and roughly 30 pending, expecting assay flow over the next 6 to 8 months.
- He emphasizes local cost advantages — about $110 per meter to drill core, roughly $0.50 per liter diesel, and about $0.03 per kilowatt hour power — and points to the nearby Boshakal mine producing copper at about $1 per pound at grades of 0.33% copper and 0.13 g/t gold.
- He notes the company has about $25 million in cash from a recent bought deal on roughly 140 million shares outstanding, a Western-based strategic mining partner holding over 8%, and a land package exceeding 3,000 square kilometers along the Borschko-Chinggis magmatic arc.