Hayasa Metals Announces 39m @ 0.50% Cu from Late Season Drill Hole at Urasar; Prospects Update
Original announcement by tmx on
- Company
- Hayasa Metals Inc.
- Ticker
- HAY
- Exchange
- TSX
- Region
- Armenia
- Primary commodity
- Copper
- Secondary commodities
- Gold
- Document categories
- Drill results, Other
- Extracted
- 2026-09-18 02:53:10 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Hayasa Metals has reported drill results from hole UDD-021 at the Urasar project in Armenia, including an intercept of 39m at 0.50% Cu and 0.19 g/t Au. The hole was abandoned at 235m due to broken ground before reaching its target depth, and the company plans an expanded geophysical survey and further drilling in Q2 2026.
Reasoning: The release reports encouraging near-surface copper and gold intercepts from hole UDD-021, though the hole was abandoned early due to technical complications.
Positive factors
- Continuous copper mineralization confirmed
- QA/QC protocols disclosed
- Near-surface mineralization identified
Negative factors
- Hole abandoned before reaching target depth due to ground conditions
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on laboratory (ALS), standards, blanks, and duplicates.
Evidence · text
“A quality assurance/quality control (QA/QC) program includes the insertion of certified reference materials (standards), blanks, and duplicates every twenty samples.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling targets a new AMT anomaly at the western end of the permit.
Evidence · text
“targeting a low resistivity AMT anomaly”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
UDD-021Urasar · copperGrade: 0.5Grade Unit: %Intercept: 39 mView all detailsHide details
Identity
- Hole ID
- UDD-021
- Project
- Urasar
- Commodity
- copper
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 39 m
- From
- 11 m
- To
- 50 m
- Intercept Depth
- 11 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- UDD-021:11-50
- Mining Method
- open_pit
Location
- Location
- Oxide Basin
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-02T00:00:00.000Z
Reasoning: Encouraging copper grade in the upper oxide zone.
Positive factors
- Near-surface copper mineralization
Evidence · text
“39m of 0.50% Cu and 0.19 g/t Au from 11m to 50m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
UDD-021Urasar · goldGrade: 0.19Grade Unit: g/tIntercept: 39 mView all detailsHide details
Identity
- Hole ID
- UDD-021
- Project
- Urasar
- Commodity
- gold
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Grade
- 0.19
- Grade Unit
- g/t
- Intercept
- 39 m
- From
- 11 m
- To
- 50 m
- Intercept Depth
- 11 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- UDD-021:11-50
- Mining Method
- open_pit
Location
- Location
- Oxide Basin
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-02T00:00:00.000Z
Reasoning: Trace gold associated with copper intercept.
Evidence · text
“39m of 0.50% Cu and 0.19 g/t Au from 11m to 50m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
UDD-021Urasar · copperGrade: 0.11Grade Unit: %Intercept: 52 mView all detailsHide details
Identity
- Hole ID
- UDD-021
- Project
- Urasar
- Commodity
- copper
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Grade
- 0.11
- Grade Unit
- %
- Intercept
- 52 m
- From
- 163 m
- To
- 215 m
- Intercept Depth
- 163 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- UDD-021:163-215
- Mining Method
- open_pit
Location
- Location
- Oxide Basin
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-02T00:00:00.000Z
Reasoning: Wider but lower grade copper intercept.
Positive factors
- Broad interval of mineralization
Evidence · text
“52m of 0.11% Cu from 163m to 215m depth”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.