# Hayasa Metals Announces Urasar Final Drill Results

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hayasa-metals-announces-urasar-final-drill-results--13ee0db2-326b-40d0-bb13-d476ac6cea52

Original source: https://money.tmx.com/en/quote/HAY/news/8179083588111682/hayasa-metals-announces-urasar-final-drill-results

Publisher: tmx

Original announcement: 2025-03-11T10:30:00.000Z

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, Zinc

- Document categories: Drill results

- Extracted: 2026-08-25 15:00:47 UTC

Narrative sentiment: -0.30 · Bearish

## Minestarters Atlas summary

Hayasa Metals has released final drill results for the 2024 Urasar campaign, reporting low-level gold mineralization across several prospects. While the grades were lower than expected, the results confirm a large mineralized system with a 15 km strike extent and provide targeting data for the upcoming 2025 drilling program.

Reasoning: The final drill results for the 2024 campaign show low-level gold mineralization that failed to meet the high expectations set by surface geochemistry, though it confirms a large-scale system and provides targeting for 2025.

- Positive factor: demonstrates large mineralized system strike extent

- Positive factor: QA/QC protocols disclosed

- Positive factor: QP sign-off provided

- Negative factor: results below management expectations

- Negative factor: low-level gold mineralization

Facts used in scoring: 1

## 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 details the use of standards, blanks, and duplicates every ten samples and names ALS laboratory.

Evidence · text

> In addition, a known standard, blank or duplicate was inserted every ten samples for QA/QC purposes.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The results are described as the final results of the current campaign, completing the 2024 program.

Evidence · text

> has received the remaining geochemical results for drill holes UDD-04, 05, 07, 08 and 09

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### UDD-08

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-announces-urasar-final-drill-results--13ee0db2-326b-40d0-bb13-d476ac6cea52#fact-drill-facts-0)

Urasar Copper-Gold Project · zinc

#### Identity

- Hole ID: UDD-08
- Project: Urasar Copper-Gold Project
- Commodity: zinc
- Region: armenia
- Reported Region: Armenia
- Ticker: HAY

#### Geometry

- Grade: 0.28
- Grade Unit: %
- Intercept: 11 m

#### Classification

- Sample Type: drill
- Group ID: UDD-08:0-11

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-11T00:00:00.000Z

Reasoning: A modest zinc intercept was reported at the Brick House prospect.

- Positive factor: zinc intercept reported

Evidence · text

> Hole UDD-08 drilled at the Brick House prospect returned 11m of 0.28% Zn

## 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.
