# Hayasa Metals Announces Completion of 2026 Urasar Drill Program, and Warrant Extension Application Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--3cd2f900-d883-4168-9920-31193a850c33 Original source: https://money.tmx.com/en/quote/HAY/news/4758705196214067/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte Publisher: tmx Original announcement: 2026-09-04T17:01:00.000Z 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 - Document categories: Drill results, Other - Extracted: 2026-09-18 02:22:51 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Hayasa Metals has completed its 1,070-meter diamond drilling program at the Urasar Project in Armenia, consisting of two holes \(UDD-022 and UDD-023\). While assay results are expected in mid-October, visual core observations indicate a potentially well-developed porphyry-style hydrothermal system. The company also announced intentions to apply for an extension of outstanding warrants. Reasoning: The company completed its 2026 drill program at Urasar. While current assays are pending, the visual core observations suggest a potentially significant porphyry-style system, and historical high-grade intercepts are noted for context. - Positive factor: Completion of scheduled drilling program - Positive factor: Visual evidence of porphyry-style hydrothermal system - Positive factor: Strong hydrothermal alteration and vein stockwork observed - Negative factor: Assays for current holes \(UDD-022, UDD-023\) are still pending Facts used in scoring: 3 ## 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 names a Qualified Person \(Dennis Moore\) responsible for the content. Evidence · text > The content of this news release was reviewed and approved by Dennis Moore, Hayasa's President and Chairman, a qualified person as defined by National Instrument 43-101. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The program targets anomalies identified via geophysical surveys near previously intersected mineralization. Evidence · text > Interpretation of the resistivity data identified several zones of low resistivity \(high conductivity\) that can correspond to sulfide mineralization intersected in previous drill holes ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### UDD-021 [Link to this fact](https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--3cd2f900-d883-4168-9920-31193a850c33#fact-drill-facts-0) Urasar · copper Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: UDD-021:11-50 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-31T00:00:00.000Z #### Dates - Event date: 2026-09-04T00:00:00.000Z Reasoning: Historical high-grade copper intercept. - Positive factor: Strong mineralization encountered Evidence · text > 39 meters grading 0.50% Cu #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### UDD-021 [Link to this fact](https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--3cd2f900-d883-4168-9920-31193a850c33#fact-drill-facts-1) Urasar · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: UDD-021 - Project: Urasar - Commodity: gold - Region: armenia - Reported Region: armenia - Ticker: HAY #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 39 m - From: 11 m - To: 50 m - Intercept Depth: 11 m #### Classification - Sample Type: drill - Group ID: UDD-021:11-50 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-31T00:00:00.000Z #### Dates - Event date: 2026-09-04T00:00:00.000Z Reasoning: Historical gold credit in high-grade copper interval. Evidence · text > 0.18 g/t Au from 11 to 50m #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### UDD-021 [Link to this fact](https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-completion-of-2026-urasar-drill-program-and-warrant-exte--3cd2f900-d883-4168-9920-31193a850c33#fact-drill-facts-2) Urasar · copper Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: UDD-021:163-215 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-31T00:00:00.000Z #### Dates - Event date: 2026-09-04T00:00:00.000Z Reasoning: Historical copper intercept. Evidence · text > 52 meters grading 0.11% Cu from 163 to 215 meters depth #### Tags used in scoring **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: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## 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.