Hayasa Metals Completes 2025 Drilling Program at Urasar; Upcoming Phase 2 2025 Drill Program at Vardenis

Original announcement by tmx on

Company
Hayasa Metals Inc.
Ticker
HAY
Exchange
TSX
Region
Armenia
Primary commodity
Copper
Secondary commodities
Gold, Molybdenum
Document categories
Drill results, Other
Extracted
2026-08-25 14:56:50 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Hayasa Metals has completed its Phase 2 diamond drilling program at the Urasar project in Armenia, totaling 2,040.1 meters across eleven holes. While visual copper sulfide mineralization was observed, assay results are not expected until late September 2025. The company is also preparing to commence a new 3,400-meter drill campaign at its Vardenis copper-gold project in mid-August.

Reasoning: The company completed a 2,000m drilling program at Urasar with visual mineralization noted, but actual assay grades are pending, which limits immediate technical impact.

Positive factors

  • successful completion of drilling program
  • visible copper sulfide mineralization observed
  • upcoming drill campaign at Vardenis targeting porphyry potential

Negative factors

  • assay results not yet released (expected late September)

Facts used in scoring: 7

Classification and evidence

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: While the release mentions a QP and submission to a lab, specific assay protocols or certified lab names are not explicitly detailed in the text provided.

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

UDD-010Urasar · copperView all details
Link to this fact

Identity

Hole ID
UDD-010
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-011Urasar · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
UDD-011
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-012Urasar · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
UDD-012
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-013Urasar · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
UDD-013
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-014Urasar · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
UDD-014
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-015Urasar · copperNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
UDD-015
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”
UDD-016Urasar · copperView all details
Link to this fact

Identity

Hole ID
UDD-016
Project
Urasar
Commodity
copper
Ticker
HAY

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Hole is part of a completed program with visual mineralization but no assay grades provided.

Positive factors

  • visual mineralization observed

Negative factors

  • assays pending

Evidence · text

“Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis.”

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.