# Hayasa Metals Announces Urasar Final Drill Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-urasar-final-drill-results--94677534-e04c-414e-97a0-bdbf39b7b2c0 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, Other - Extracted: 2026-09-18 03:22:58 UTC Narrative sentiment: -0.40 · Bearish ## Minestarters Atlas summary Hayasa Metals has released final drill results from its 2024 Urasar campaign, reporting low-level gold mineralization across several prospects. While the grades were lower than anticipated, the results confirm a large mineralized system with a 15 km strike extent and provide targeting data for the upcoming 2025 program. Reasoning: The final drill results for the 2024 campaign show low-grade gold mineralization and failed to meet management's high expectations, though they confirm a large-scale system and provide targeting for 2025. - Positive factor: demonstrates large mineralized system with 15km strike extent - Positive factor: UDD-04 shows highest average copper geochemistry to date - Positive factor: QA/QC protocols \(standards, blanks, duplicates\) disclosed - Negative factor: results were lower than expected given surface geochemistry - Negative factor: most holes returned only low-level mineralization - Negative factor: many samples near or below detection limits Facts used in scoring: 2 ## 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 mentions insertion of standards, blanks, and duplicates every ten samples and use of ALS laboratory. Evidence · text > In addition, a known standard, blank or duplicate was inserted every ten samples for QA/QC purposes. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Management discusses targeting based on historic Soviet drill tracks and adits. Evidence · text > the existence of historic Soviet exploration adits ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### UDD-08 [Link to this fact](https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-urasar-final-drill-results--94677534-e04c-414e-97a0-bdbf39b7b2c0#fact-drill-facts-0) Urasar · zinc #### Identity - Hole ID: UDD-08 - Project: Urasar - Commodity: zinc - Region: armenia - Reported Region: armenia - Ticker: HAY #### Geometry - Grade: 0.28 - Grade Unit: % - Intercept: 11 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Brick House - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-03-11T00:00:00.000Z Reasoning: A modest zinc intercept reported in a gold-focused program. - Positive factor: intercept contains samples over 0.5% Zn Evidence · text > Hole UDD-08 drilled at the Brick House prospect returned 11m of 0.28% Zn, including two samples over 0.5% Zn. #### Tags used in scoring **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: qaqc\_disclosed is 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 ### UDD-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/hayasa-metals-announces-urasar-final-drill-results--94677534-e04c-414e-97a0-bdbf39b7b2c0#fact-drill-facts-1) Urasar #### Identity - Hole ID: UDD-04 - Project: Urasar - Region: armenia - Reported Region: armenia - Ticker: HAY #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Oxide Basin - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-03-11T00:00:00.000Z Reasoning: Qualitative mention of high copper geochemistry without specific numeric grade/width for the hole. - Positive factor: highest average copper geochemistry of any hole to date Evidence · text > particularly hole UDD-04 at Oxide Basin, which also returned the highest average copper geochemistry of any of the holes to date. #### Tags used in scoring **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: qaqc\_disclosed is 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 ## 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.