Arras Minerals Corp. announced that it has been granted the Tay exploration license ("Tay"). The license covers 118 square kilometres in northeastern Kazakhstan and is located within the Bozshakol-Chingiz magmatic arc, an under-explored emerging porphyry province.

Tay is located 28 kilometres ("km") to the north of the Bozshakol open pit copper-gold mine which is operated by Kaz Minerals. Tay is 100% owned by Arras and is not included in the Teck-Arras Strategic Exploration Alliance announced on December 7, 2023. Tay Project Highlights: 6.5 km x 2.1 km East-West trending coherent Soviet-era Induced Polarization ("IP") chargeability anomaly comparable to the Soviet-era chargeability high of the Bozshakol open pit copper-gold mine.

A buried target with no systematic modern exploration. Located 28 km north of the Kaz Minerals Bozshakol mine, a significant copper-gold operation with over one billion tonnes of reserves, producing 100,000+ tonnes of copper annually. Strategically situated with outstanding accessibility and local infrastructure, including nearby high voltage power lines, railway, and roads.

The Tay Project: Is located 28 km north from Kaz Mineral's Bozshakol Mine, and 85 km from Arras' operational base in the city of Ekibastuz, northeastern Kazakhstan. The property covers 118 square km in northeastern Kazakhstan and is located within the Bozshakol-Chingiz magmatic arc, an under-explored, emerging porphyry province. A paved four-lane highway to within 35 km of the property boundary, with access provided via by several good quality roads run through the license.

High-voltage power lines, heavy rail, and local towns all lie within a 45 km radius of the project. The Tay project is located within the Bozshakol-Chingiz metallogenic belt that includes the Bozshakol Mine, as well as the Beskauga copper-gold-silver porphyry deposit currently under option by Arras, as well Arras's 100% owned Elemes project, an emerging copper-gold porphyry prospect.