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Elemes Property
Arras Minerals (ARK.V)
100% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$66.5M
All dollar amounts in USD
Executive Summary
Locked
Executive Summary (overview)
- One-paragraph overview tied to the latest reported drilling results date.
- Estimated probability of advancing to a formal resource.
- Typical ranges for grade, tonnage, mine life, and method mix.
- Cost structure summary and where the project ranks vs peers.
Regional Gold Potential
Elemes is located in Kazakhstan, Asia. The surrounding region has historically demonstrated a high potential for gold endowment and is somewhat distal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very thick lithosphere with moderately thick sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Gold heat map of the world. Warm colors indicate high gold endowment.
Try the interactive version here.
Drill Intercepts
Reported results (Gold Equivalent) average low grade, very long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-08-13 | 0.36 g/t Gold Equivalent over 12.0 m from 195.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.25 g/t Gold Equivalent over 28.0 m from 137.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.31 g/t Gold Equivalent over 18.0 m from 105.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.18 g/t Gold Equivalent over 192.0 m from 69.0 m | Low Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.14 g/t Gold Equivalent over 296.8 m from 3.7 m | Low Grade | Very Thick | Very Shallow |
| 2025-08-13 | 0.43 g/t Gold Equivalent over 252.0 m from 325.0 m | Moderate Grade | Very Thick | Deep |
| 2025-08-13 | 0.40 g/t Gold Equivalent over 113.6 m from 147.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.39 g/t Gold Equivalent over 440.0 m from 137.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-08-13 | 0.34 g/t Gold Equivalent over 578.0 m from 3.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-08-13 | 0.22 g/t Gold Equivalent over 38.0 m from 223.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-11 | 0.71 g/t Gold Equivalent over 547.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-02-11 | 1.05 g/t Gold Equivalent over 44.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-02-11 | 0.83 g/t Gold Equivalent over 206.0 m from 24.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-02-11 | 1.03 g/t Gold Equivalent over 58.0 m from 172.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-11 | 0.70 g/t Gold Equivalent over 64.8 m from 524.0 m | Moderate Grade | Very Thick | Very Deep |
Rankings are relative to a large global database of gold intercepts.
Resource Potential
Locked
Resource Potential (overview)
- Probability estimate of advancing to a formal resource.
- Typical ranges for grade and tonnage with p50 markers.
- Side-by-side histograms vs. a global reference dataset.
- Plain-English guidance on how to interpret uncertainty.
Economic Potential
Locked
Economic Potential
- Distribution of NPV across 1,000 discounted cash-flow simulations.
- Expected NPV value with context vs. drill-stage peers.
- Discussion of spread, skew, and scenario tails (upside/downside).
- Explicit assumptions shown for discount rate and commodity price.
Assumption Distributions
Locked
Assumption Distributions
- Reserve conversion and mine life distributions.
- Recovery, processing costs, and waste:ore ratio ranges.
- Capex/offsite opex, average production rate, and other drivers.
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