# Hayasa Metals Announces Completion of 2026 Urasar Drill Program, and Warrant Extension Application

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--e78785af-6074-4173-b993-c0fc2f8dd0ea

Original source: https://orestocks.com/company/HAY.V/press-releases/4758705196214067

Publisher: orestocks

Original announcement: 2026-09-04T17:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Hayasa Metals Inc.

- Ticker: HAY.V

- Exchange: Unavailable

- Region: Armenia

- Primary commodity: Copper

- Secondary commodities: Gold

- Document categories: Drill results, Other

- Extracted: 2026-09-04 17:48:04 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Hayasa Metals has completed its 2026 diamond drilling program at the Urasar Project in Armenia, consisting of two holes \(UDD-022 and UDD-023\). While visual core observations suggest a potentially significant porphyry-style hydrothermal system, assay results are not expected until mid-October. The company also announced intentions to apply for a warrant extension.

Reasoning: The company completed a drilling program and observed visual indicators of a porphyry system, but the actual economic impact is unknown until assays are released.

- Positive factor: completion of drilling program

- Positive factor: visual evidence of porphyry-style hydrothermal system

- Positive factor: presence of chalcopyrite and pyrite

- Negative factor: assays are pending \(expected mid-October\)

- Negative factor: no new grades reported for the 2026 holes

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions that assays are expected from ALS, a known laboratory, and is signed off by a QP.

Evidence · text

> The assays, results expected from ALS mid-October

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Dennis Moore, a Qualified Person, reviewed and approved the release.

Evidence · text

> reviewed and approved by Dennis Moore, Hayasa's President and Chairman, a qualified person

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### UDD-021

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--e78785af-6074-4173-b993-c0fc2f8dd0ea#fact-drill-facts-0)

Urasar · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UDD-021
- Project: Urasar
- Commodity: copper
- Region: armenia
- Reported Region: Armenia
- Ticker: HAY.V

#### Geometry

- Grade: 0.5
- Grade Unit: %
- Intercept: 39 m
- From: 11 m
- To: 50 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-12-31T00:00:00.000Z

#### Dates

- Event date: 2026-09-04T00:00:00.000Z

Reasoning: Historical intercept reported as part of context; represents strong mineralization for the project.

- Positive factor: strong mineralization

Evidence · text

> 39 meters grading 0.50% Cu

### UDD-021

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--e78785af-6074-4173-b993-c0fc2f8dd0ea#fact-drill-facts-1)

Urasar · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UDD-021
- Project: Urasar
- Commodity: gold
- Region: armenia
- Reported Region: Armenia
- Ticker: HAY.V

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 39 m
- From: 11 m
- To: 50 m

#### Classification

- Sample Type: drill
- Group ID: UDD-021:11-50

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-12-31T00:00:00.000Z

#### Dates

- Event date: 2026-09-04T00:00:00.000Z

Reasoning: Historical gold grade reported alongside copper.

Evidence · text

> 0.18 g/t Au from 11 to 50m

### UDD-021

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--e78785af-6074-4173-b993-c0fc2f8dd0ea#fact-drill-facts-2)

Urasar · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UDD-021
- Project: Urasar
- Commodity: copper
- Region: armenia
- Reported Region: Armenia
- Ticker: HAY.V

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 52 m
- From: 163 m
- To: 215 m

#### Classification

- Sample Type: drill
- Group ID: UDD-021:163-215

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-12-31T00:00:00.000Z

#### Dates

- Event date: 2026-09-04T00:00:00.000Z

Reasoning: Historical intercept reported as part of context.

Evidence · text

> 52 meters grading 0.11% Cu from 163 to 215 meters depth

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
