# Hayasa Metals Announces Initial Drill Results and Final IP Sections at Urasar Copper-Gold Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co--b89db426-9949-4a36-abda-272c8f9ee039 Original source: https://money.tmx.com/en/quote/HAY/news/8480183984813909/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co Publisher: tmx Original announcement: 2025-02-19T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Hayasa Metals Inc. - Ticker: HAY - Exchange: TSX - Region: Armenia - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-08-25 14:57:19 UTC Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas summary Hayasa Metals reported initial drill results from the Urasar Copper-Gold Project, showing anomalous but low-grade gold and copper mineralization across four holes. The company also addressed a rotational error in previous IP survey sections, which has now been corrected to better target chargeability anomalies to the north. Reasoning: Initial drill results show widespread but low-grade gold and copper mineralization, confirming a fertile system but failing to hit high-grade targets. The discovery of an IP survey error is a minor technical setback but provides clarity for future targeting. - Positive factor: anomalous gold and copper throughout lengths - Positive factor: ubiquitous sulfide mineralization - Positive factor: fertile mineralizing system confirmed - Positive factor: QA/QC disclosed - Negative factor: results not as robust as expected - Negative factor: low grades \(ppm level\) - Negative factor: IP survey rotation error discovered Facts used in scoring: 4 ## 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: Release mentions insertion of standards, blanks, and duplicates every ten samples and use of ALS laboratory. Evidence · text > a known standard, blank or duplicate was inserted every ten samples for QA/QC purposes ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### UDD-06 [Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co--b89db426-9949-4a36-abda-272c8f9ee039#fact-drill-facts-0) Urasar Copper-Gold Project · gold #### Identity - Hole ID: UDD-06 - Project: Urasar Copper-Gold Project - Commodity: gold - Region: armenia - Reported Region: Armenia - Ticker: HAY #### Geometry - Grade: 0.03 - Grade Unit: ppm - Intercept: 214 m #### Classification - Sample Type: drill - Group ID: UDD-06:0-214 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-02-19T00:00:00.000Z Reasoning: Low-grade gold intercept \(0.03 ppm\) over a significant width. - Positive factor: anomalous gold - Negative factor: low grade Evidence · text > Gold grades averaged 0.030 ppm Au over 214m in hole UDD-06 ### UDD-03 [Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co--b89db426-9949-4a36-abda-272c8f9ee039#fact-drill-facts-1) Urasar Copper-Gold Project · gold #### Identity - Hole ID: UDD-03 - Project: Urasar Copper-Gold Project - Commodity: gold - Region: armenia - Reported Region: Armenia - Ticker: HAY #### Geometry - Grade: 0.16 - Grade Unit: ppm - Intercept: 275 m #### Classification - Sample Type: drill - Group ID: UDD-03:0-275 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-02-19T00:00:00.000Z Reasoning: Low-grade gold intercept \(0.16 ppm\) over a significant width. - Positive factor: anomalous gold - Negative factor: low grade Evidence · text > 0.16 ppm Au over275m in hole UDD-03 ### UDD-01 [Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co--b89db426-9949-4a36-abda-272c8f9ee039#fact-drill-facts-2) Urasar Copper-Gold Project · gold #### Identity - Hole ID: UDD-01 - Project: Urasar Copper-Gold Project - Commodity: gold - Region: armenia - Reported Region: Armenia - Ticker: HAY #### Geometry - Grade: 0.18 - Grade Unit: ppm - Intercept: 145 m #### Classification - Sample Type: drill - Group ID: UDD-01:0-145 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-02-19T00:00:00.000Z Reasoning: Low-grade gold intercept \(0.18 ppm\) over a significant width. - Positive factor: anomalous gold - Negative factor: low grade Evidence · text > 0.18 ppm over 145m in UDD-01 ### UDD-02 [Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-initial-drill-results-and-final-ip-sections-at-urasar-co--b89db426-9949-4a36-abda-272c8f9ee039#fact-drill-facts-3) Urasar Copper-Gold Project · gold #### Identity - Hole ID: UDD-02 - Project: Urasar Copper-Gold Project - Commodity: gold - Region: armenia - Reported Region: Armenia - Ticker: HAY #### Geometry - Grade: 0.12 - Grade Unit: ppm - Intercept: 394 m #### Classification - Sample Type: drill - Group ID: UDD-02:0-394 - Mining Method: unknown #### QA/QC - Laboratory: ALS - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-02-19T00:00:00.000Z Reasoning: Low-grade gold intercept \(0.12 ppm\) over a very significant width. - Positive factor: anomalous gold - Negative factor: low grade Evidence · text > 0.12 ppm Au over 394m in UDD-02 ## 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.