Hayasa Metals Urasar Copper-Gold Project, Drilling 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
- Extracted
- 2026-09-18 03:18:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Hayasa Metals has completed three drill holes (UDD-010, UDD-011, and UDD-012) as part of its 2025 drilling campaign at the Urasar project in Armenia. While the company reports significant mineralized intervals in two of the holes, specific assay grades and widths were not disclosed in this update.
Reasoning: The update confirms the completion of three holes and describes significant mineralized intervals, but lacks the specific numeric assay data (grades/widths) required for a technical evaluation.
Positive factors
- Significant mineralized intervals reported in UDD-011 and UDD-012
- Mineralization spans tens of metres
- Encouraging strike length observed
- Proximity to a large known deposit (Zod)
Negative factors
- No specific assay grades or widths provided for the new holes
Facts used in scoring: 5
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: The release does not disclose specific assay protocols, lab certification, or QA/QC methods used for the current campaign.
Evidence · text
“The content of this news release was reviewed by Dennis Moore, Hayasa's President, and Chairman, a qualified person as defined by National Instrument 43-101.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The project is described as analogous to the 4+ million oz Zod (Sotk) deposit located ~100 km away.
Evidence · text
“an analogous setting to the 4+ million oz Zod (Sotk) deposit located ~100 km to the southeast”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
UDD-010UrasarView all detailsHide details
Identity
- Hole ID
- UDD-010
- Project
- Urasar
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Hole Depth
- 321 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Copper Creek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-26T00:00:00.000Z
Reasoning: Hole completed to stated depth; no assay data provided.
Evidence · text
“UDD-010 , UDD-011 , and UDD-012 to depths of approximately 321.0 m, 128.2 m, and 229.5 m, respectively.”
Tags used in scoring
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: qaqc_disclosed is not 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-011UrasarView all detailsHide details
Identity
- Hole ID
- UDD-011
- Project
- Urasar
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Hole Depth
- 128.2 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Copper Creek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-26T00:00:00.000Z
Reasoning: Qualitative report of significant mineralization without numeric assay values.
Positive factors
- Intersected significant mineralized intervals spanning tens of metres
Negative factors
- Specific grades not disclosed
Evidence · text
“Holes UDD-011 and UDD-012 intersected multiple significant mineralized intervals-spanning tens of meters”
Tags used in scoring
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: qaqc_disclosed is not 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-011UrasarView all detailsHide details
Identity
- Hole ID
- UDD-011
- Project
- Urasar
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Hole Depth
- 128.2 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Copper Creek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-26T00:00:00.000Z
Reasoning: Qualitative report of significant mineralization without numeric assay values.
Positive factors
- Intersected significant mineralized intervals spanning tens of metres
Negative factors
- Specific grades not disclosed
Evidence · text
“Holes UDD-011 and UDD-012 intersected multiple significant mineralized intervals-spanning tens of meters”
Tags used in scoring
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: qaqc_disclosed is not 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-012UrasarView all detailsHide details
Identity
- Hole ID
- UDD-012
- Project
- Urasar
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Hole Depth
- 229.5 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Golden Vein
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-26T00:00:00.000Z
Reasoning: Qualitative report of significant mineralization without numeric assay values.
Positive factors
- Intersected significant mineralized intervals spanning tens of metres
Negative factors
- Specific grades not disclosed
Evidence · text
“Holes UDD-011 and UDD-012 intersected multiple significant mineralized intervals-spanning tens of meters”
Tags used in scoring
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: qaqc_disclosed is not 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-012UrasarView all detailsHide details
Identity
- Hole ID
- UDD-012
- Project
- Urasar
- Region
- armenia
- Reported Region
- armenia
- Ticker
- HAY
Geometry
- Hole Depth
- 229.5 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Golden Vein
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-26T00:00:00.000Z
Reasoning: Qualitative report of significant mineralization without numeric assay values.
Positive factors
- Intersected significant mineralized intervals spanning tens of metres
Negative factors
- Specific grades not disclosed
Evidence · text
“Holes UDD-011 and UDD-012 intersected multiple significant mineralized intervals-spanning tens of meters”
Tags used in scoring
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: qaqc_disclosed is not 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.