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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885

Original source: https://money.tmx.com/en/quote/HAY/news/8178757572454021/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr

Publisher: tmx

Original announcement: 2025-08-06T12:32:00.000Z

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: Copper

- Secondary commodities: Gold, Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-08-25 14:56:50 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: successful completion of drilling program

- Positive factor: visible copper sulfide mineralization observed

- Positive factor: upcoming drill campaign at Vardenis targeting porphyry potential

- Negative factor: assay results not yet released \(expected late September\)

Facts used in scoring: 7

## Classification and evidence

**No QA/QC Disclosure**

Polarity: negative

Definition: 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-010

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-0)

Urasar · copper

#### 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 factor: visual mineralization observed

- Negative factor: 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-011

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-1)

Urasar · copper

Needs review: ungrounded

#### 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 factor: visual mineralization observed

- Negative factor: 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-012

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-2)

Urasar · copper

Needs review: ungrounded

#### 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 factor: visual mineralization observed

- Negative factor: 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-013

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-3)

Urasar · copper

Needs review: ungrounded

#### 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 factor: visual mineralization observed

- Negative factor: 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-014

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-4)

Urasar · copper

Needs review: ungrounded

#### 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 factor: visual mineralization observed

- Negative factor: 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-015

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-5)

Urasar · copper

Needs review: ungrounded

#### 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 factor: visual mineralization observed

- Negative factor: 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-016

[Link to this fact](https://atlas-staging.minestarters.com/news/hayasa-metals-completes-2025-drilling-program-at-urasar-upcoming-phase-2-2025-dr--7f59b508-c0b9-49d8-b6be-a352cebe9885#fact-drill-facts-6)

Urasar · copper

#### 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 factor: visual mineralization observed

- Negative factor: 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.