Mr. Tim Barry reports

ARRAS DRILLING EXPANDS RESOURCE POTENTIAL 1KM TO THE SOUTH AND INTERCEPTS 500 METRES OF CONTINUOUS CU-AU-AG MINERALIZATION AT ITS BESKAUGA LICENCE IN KAZAKHSTAN

Arras Minerals Corp. has released assay results from holes Bg23025, Bg23026 and Bg23027 from the continuing drill program at the Beskauga copper-gold deposit and surrounding area.

Highlights Include:

A 1 km drill step out from main deposit shows continued mineralization: Holes Bg23025 & Bg23026 were drilled 1 kilometer outside of the main mineral resource at Beskauga and returned 500m+ zones of continuous mineralization.

Bg23026: 570.5 m of mineralization grading 0.27% copper-equivalent ("CuEq") - (0.23 g/t gold ("Au"), 0.08 % copper ("Cu"), 0.42 g/t silver ("Ag")) starting at 29.0 m.

Including: 127.0 m grading 0.57 % CuEq - (0.49 g/t Au, 0.17% Cu, 0.77 g/t Ag) starting at 155.0 m depth down-hole.

Bg23025: 504.3 m of mineralization grading 0.19% copper-equivalent ("CuEq") - (0.16 g/t gold ("Au"), 0.06 % copper ("Cu"), 0.34 g/t silver ("Ag")) starting at 31.0 m.

Including: 21.0 m grading 0.77 % CuEq - (0.76 g/t Au, 0.17% Cu, 0.70 g/t Ag) starting at 104.0 m depth down-hole.

Including: 69.0 m grading 0.45 % CuEq - (0.39 g/t Au, 0.12% Cu, 0.70 g/t Ag) starting at 420.0 m depth down-hole.

Tim Barry, CEO, commented, "It is very pleasing to see long continuous zones of mineralization drilled well outside the existing resource at Beskauga. It is also particularly pleasing to see zones of high-grade mineralization grading up 1.16% CuEq over 11 meters and 0.77% CuEq over 21 meters within these longer intercepts. The key take away from these holes are as follows:

1 : The 1 kilometer step out suggests there is plenty of opportunity to grow the Beskauga Deposit

2 : The mineralization is continuous and contains wide zones of high-grade mineralization

3 : Mineralization remains open at depth and open to the south indicating further exploration opportunities and potential resource expansion."

A summary of the results announced in this news release is outlined in the table below.

Table 1. Summary table for drill holes Bg23025, Bg23026 and Bg23027

Notes: Copper Equivalent ("CuEq") grades reported for the drill holes at Beskauga were calculated using the following formula: CuEq % = Copper (%) + (Gold (g/t) x 0.8264) + (Silver (g/t) x 0.0107) + (Molybdenum (ppm) x 3.3333). Gold Equivalent ("AuEq") grades reported for the drill holes at Beskauga were calculated using the following formula: AuEq g/t = Gold (g/t) + (Copper (%) x 1.2100) + (Silver (g/t) x 0.0129) + (Molybdenum (ppm) x 4.0334). Assumptions used for the copper and gold equivalent calculations were metal prices of US$3.00/lb. Copper, US$1,700/oz Gold, US$22/oz Silver, US$10/lb. Molybdenum, and metallurgical recoveries were assumed to be 90%.

Results of Bg23025, and Bg23026:

Bg23025: Was strategically positioned aimed to test a cluster of historical KGK drill hole samples that tested the top of the bed rock buried by younger sediments and which contained gold values ranging from 0.32 to 1.18 grams per tonne (g/t) Au. Additionally, it targeted a magnetic anomaly associated with potassic-altered Quartz Monzonite.

The drill hole encountered quartz monzonite with sporadic K-feldspar vein alteration, along with intermittent argillic (illite) alteration primarily influenced by fault structures. Within the quartz monzonite, mineralization consists of quartz-pyrite-chalcopyrite veins, occasionally enriched in molybdenite, particularly at greater depths, and sporadically featuring magnetite. The drilling reached a total depth of 535.3 meters.

Bg23026: The primary objective of this hole to assess a linear NE-SW trending magnetic low, as well as a zone of intense argillic alteration previously identified in KGK drilling.

The drill hole intersected quartz monzonite, displaying occasional, localized K-feldspar vein alteration, and exhibiting a weak argillic (illite) overprint, primarily influenced by fault structures. The dominant mineralization in this zone comprises quartz-pyrite-chalcopyrite veins. These veins are accompanied by sporadic occurrences of molybdenite, which are observed from the surface down to depths of up to 470 meters. It's worth noting that the presence of magnetite within the veins is less pronounced in comparison to what was encountered in drill hole Bg23025. The drilling operation was successfully completed at a depth of 570.5 meters.

Qualified Person: The scientific and technical disclosure for the Quartzite Gorka Project included in this news release has been prepared under supervision of and approved Tim Barry, Chief Executive Officer, and Director of Arras Minerals Corp., who is also a Member and Chartered Professional Geologist (MAusIMM CP(Geo)) of the Australasian Institute of Mining and Metallurgy. Mr. Barry has sufficient experience, relevant to the styles of mineralization and type of deposits under consideration and to the activity that he is undertaking, to qualify as a Qualified Person ("QP") for the purposes of National Instrument 43-101 Standards of Disclosure of Mineral Projects ("NI 43-101").

About Arras Minerals Corp.

Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project. The Company has established the third-largest license package in the country prospective for copper and gold (behind Rio Tinto and Fortescue Metals Group). The Company's shares are listed on the TSX-V under the trading symbol "ARK".

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