Hayasa Metals Completes 2025 Drilling Program at Urasar; Upcoming Phase 2 2025 Drill Program at Vardenis
Hayasa Metals (OTCQB:HAYAF) has completed its Phase 2 diamond drill program at the 100%-owned Urasar Mineral District in northern Armenia, drilling 2,040.1 meters across eleven holes. The program targeted five prospects along a 15 km-long mineralized corridor, including Western Zone (Copper Creek, Oxide Basin, Golden Vein) and Eastern Zone (Black River, Brick House).
The company has submitted approximately 400 core samples for analysis, with results expected in late September 2025. Additionally, Hayasa announced the commencement of its 2025 Vardenis drill campaign in mid-August, planning 8-10 drill holes totaling 3,400 meters. The Vardenis project, located 20kms from the Amulsar deposit, shows potential for hosting a Tier-1 porphyry copper-molybdenum deposit, attracting interest from major mining companies.
Hayasa Metals (OTCQB:HAYAF) ha completato il suo programma di perforazione diamantata di Fase 2 nel distretto minerario Urasar, di proprietà al 100%, situato nel nord dell'Armenia, perforando 2.040,1 metri suddivisi in undici fori. Il programma ha interessato cinque prospetti lungo un corridoio mineralizzato di 15 km, inclusi la Zona Ovest (Copper Creek, Oxide Basin, Golden Vein) e la Zona Est (Black River, Brick House).
L'azienda ha inviato circa 400 campioni di carote per l'analisi, i cui risultati sono attesi per la fine di settembre 2025. Inoltre, Hayasa ha annunciato l'inizio della sua campagna di perforazione 2025 a Vardenis a metà agosto, con la pianificazione di 8-10 fori per un totale di 3.400 metri. Il progetto Vardenis, situato a 20 km dal deposito Amulsar, presenta potenzialità per ospitare un deposito porfirico di rame-molibdeno di classe Tier-1, suscitando interesse da parte di importanti compagnie minerarie.
Hayasa Metals (OTCQB:HAYAF) ha completado su programa de perforación diamantina de Fase 2 en el Distrito Mineral Urasar, 100% propiedad, ubicado en el norte de Armenia, perforando 2,040.1 metros en once pozos. El programa se centró en cinco prospectos a lo largo de un corredor mineralizado de 15 km, incluyendo la Zona Oeste (Copper Creek, Oxide Basin, Golden Vein) y la Zona Este (Black River, Brick House).
La compañía ha enviado aproximadamente 400 muestras de núcleo para análisis, con resultados esperados para finales de septiembre de 2025. Además, Hayasa anunció el inicio de su campaña de perforación 2025 en Vardenis a mediados de agosto, con la planificación de 8-10 pozos que suman 3,400 metros. El proyecto Vardenis, ubicado a 20 km del depósito Amulsar, muestra potencial para albergar un depósito porfirítico de cobre-molibdeno de nivel Tier-1, atrayendo el interés de grandes compañías mineras.
Hayasa Metals (OTCQB:HAYAF)� 아르메니� 북부� 위치� 100% 소유� Urasar 광물 지�에서 2단계 다이아몬� 시추 프로그램� 완료했으�, 11개의 시추공에� � 2,040.1미터� 시추했습니다. � 프로그램은 15km 길이� 광물화된 지대 � 5� 탐사 지�(서부 구역: Copper Creek, Oxide Basin, Golden Vein, 동부 구역: Black River, Brick House)� 대상으� 했습니다.
회사� � 400개의 코어 샘플� 분석� 위해 제출했으�, 결과� 2025� 9� 말에 나올 예정입니�. 또한 Hayasa� 8� 중순� 2025� Vardenis 시추 캠페�� 시작했으�, 8~10개의 시추공으� � 3,400미터� 계획하고 있습니다. Vardenis 프로젝트� Amulsar 광산에서 20km 떨어� 곳에 위치하며, Tier-1 구리-몰리브덴 포피� 광상 가능성� 보여 주요 광산 회사들의 관심을 받고 있습니다.
Hayasa Metals (OTCQB:HAYAF) a achevé son programme de forage diamanté de phase 2 dans le district minéralier Urasar, détenu à 100 % dans le nord de l'Arménie, en forant 2 040,1 mètres répartis sur onze trous. Le programme ciblait cinq prospects le long d'un corridor minéralisé de 15 km, comprenant la zone Ouest (Copper Creek, Oxide Basin, Golden Vein) et la zone Est (Black River, Brick House).
La société a soumis environ 400 échantillons de carottes pour analyse, dont les résultats sont attendus fin septembre 2025. De plus, Hayasa a annoncé le lancement de sa campagne de forage 2025 à Vardenis à la mi-août, prévoyant 8 à 10 forages totalisant 3 400 mètres. Le projet Vardenis, situé à 20 km du gisement Amulsar, présente un potentiel pour abriter un gisement porphyrique de cuivre-molybdène de premier ordre, suscitant l'intérêt des grandes compagnies minières.
Hayasa Metals (OTCQB:HAYAF) hat sein Phase-2-Diamantbohrprogramm im zu 100 % im Besitz befindlichen Urasar-Mineralbezirk im Norden Armeniens abgeschlossen und dabei 2.040,1 Meter in elf Bohrlöchern niedergebracht. Das Programm konzentrierte sich auf fünf Prospekte entlang eines 15 km langen mineralisierten Korridors, darunter die Westzone (Copper Creek, Oxide Basin, Golden Vein) und die Ostzone (Black River, Brick House).
Das Unternehmen hat etwa 400 Kernproben zur Analyse eingereicht, deren Ergebnisse Ende September 2025 erwartet werden. Zudem kündigte Hayasa den Beginn seiner Bohrkampagne 2025 in Vardenis Mitte August an, mit der Planung von 8-10 Bohrlöchern mit insgesamt 3.400 Metern. Das Vardenis-Projekt, 20 km vom Amulsar-Lagerstätte entfernt, zeigt Potenzial für die Entdeckung einer erstklassigen Kupfer-Molybdän-Porphyr-Lagerstätte und zieht das Interesse großer Bergbauunternehmen auf sich.
- Successful completion of 2,040.1-meter Phase 2 drilling program at Urasar
- Copper sulfide mineralization observed in most drill holes, particularly in Golden Vein area
- Vardenis project shows potential for Tier-1 porphyry deposit, attracting major mining companies' interest
- Extensive geological work completed including MT surveys, IP survey, soil sampling, and ground mag survey
- Assay results not yet available, pending until late September 2025
- Limited resources noted by management for completed work
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) (FSE: FR2) ("Hayasa" or the "Company") is pleased to announce the successful completion of its Phase 2 diamond drill program at its
During June and July 2025, a total of 2,040.1 meters were drilled across eleven diamond drill holes at the Urasar project. The program targeted five prospects along the 15 km-long mineralized corridor, including:
- Western Zone: Copper Creek, Oxide Basin, and Golden Vein
- Eastern Zone: Black River and Brick House
Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for preparation and laboratory analysis. Assay results are expected in late September this year. Logging, cutting, and processing of the remaining holes are ongoing. Detailed summaries of the drill program, including tables and maps, are provided in the figures below.
Figure 1. Urasar Phase 2 Drill Hole Summary
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Figure 2. Drill hole locations: 2025 (light blue), 2024 (magenta)
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Figure 3. Western area of license: Oxide Basin, Copper Creek, Golden Vein
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Figure 4. Black River drill hole traces with IP lines
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Commencement of 2025 Drill Program at Vardenis
Hayasa is also pleased to announce that the 2025 Vardenis drill campaign will begin in mid-August. The program will consist of eight to ten drill holes, totaling a minimum of 3,400 meters, targeting the northern portion of the 94 km² license area. This region hosts the most promising molybdenum anomalies and low-resistivity/high chargeability zones identified through the 2024 Induced Polarization (IP) survey and a recently completed magneto-telluric (MT) survey.
Drill pad construction is currently underway, and final planning of drill hole locations is in progress. An updated drill plan map will be released at the start of the campaign.
Chairman & President Commentary
Dennis Moore, President, and Qualified Person for Hayasa Metals, commented:
"This is an exciting time for our Company. We've put significant effort into preparing for these drill campaigns-conducting MT surveys, improving road access, and working closely with geological specialists and local contractors. The 2,000-meter, eleven-hole program at Urasar has concluded successfully, and I'm particularly encouraged by the copper sulfide mineralization observed in most holes, especially those from the Golden Vein area."
Moore continues: "We're now turning our focus to Vardenis. With its extensive alteration footprint-the largest in Armenia-and strong geophysical and geochemical signatures, we believe Vardenis has the potential to host a Tier-1 porphyry copper-molybdenum deposit. Interest from several major mining companies underscores this potential. This next drill program is a critical step toward testing that thesis."
CEO Commentary
Joel Sutherland, CEO for Hayasa Metals, commented:
"Congrats to the team in the field for completing the second 2,000m program at Urasar in less than 9 months. Investors should understand that the team at Hayasa has done an exceptional amount of work with limited resources including: a just completed Magneto-Telluric survey at Vardenis and Urasar, and incorporating findings from Simon Meldrum's analysis. Additionally, at both properties: we've completed an IP survey, performed additional soil sampling, and finished the ground mag survey. Not to mention the addition of two high quality targets in our project pipeline identification. Given the visible metal in the box at Urasar, we look forward to the assays out in September and getting started on Vardenis."
Figure 5. Select core photos from 2025 Urasar 2,000m drilling campaign
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About Hayasa Metals
Hayasa Metals Inc. is a copper and gold exploration company focused on advancing its highly prospective projects in Armenia. The Company is committed to responsible exploration and sustainable development practices while creating long-term value for shareholders.
Qualified person
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.
On behalf of the Board of Directors,
Joel Sutherland
CEO
Hayasa Metals Inc.
For further information, contact:
[email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements including, without limitation, statements regarding future exploration programs at Vardenis and Urasar. Important factors that could cause actual results to differ materially from the Company's expectations including the risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by Canadian securities law.
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