Hayasa Metals Announces Second Batch of Drill Results from Phase 2 Drill Program at Urasar Project

Executive Summary

• Hayasa Metals released second‑batch assay results from five drill holes (UDD‑015, 017, 018, 019, 020) in the Urasar Mineral District, confirming multiple gold‑copper intervals and extensive sulfide mineralization.
• Notable intercepts include 4.1 m @ 2.98 g/t Au with 0.25 % Cu (UDD‑017) and an 8.1 m zone of 0.27 % Cu with 0.032 g/t Au (UDD‑015).
• The company is drilling a sixth hole (UDD‑021) targeting a high‑conductivity anomaly; results are expected in early 2026, and further exploration is planned for spring 2026.

Key Details

• Drill Program: Phase 2 summer 2025 diamond program – 11 holes, >2,040 m total depth completed June–July 2025.
• Second‑batch results:
• UDD‑017: 4.1 m @ 2.98 g/t Au, 0.25 % Cu (51.9–56.0 m).
• UDD‑017: 9.0 m @ 0.22 g/t Au, 139 ppm Mo (118–127 m).
• UDD‑020: 4.0 m @ 0.34 % Cu, 0.076 g/t Au (203–207 m).
• UDD‑015: 8.1 m @ 0.27 % Cu, 0.032 g/t Au (82.4–90.5 m).
• Sulfide Mineralization: Present throughout most holes; >25 m of massive sulfide intersected in eastern Black River zone (holes UDD‑016 & 017).
• Molybdenum: Generally correlates with Au/Cu, ranging tens of ppm up to 355 ppm Mo.
• Current drilling: Hole UDD‑021 targeting AMT conductivity anomaly northwest of Copper Creek; expected completion within ~10 days, assay results anticipated early 2026.
• Exploration outlook: Additional high‑priority geophysical anomalies remain untested north and south of current area; deeper IP chargeability targets to be drilled in spring 2026.
• QA/QC: Samples split and sent to ALS (Romania); 30 g fire assay for Au, multi‑element ICP for 34 elements; QA/QC standards inserted every ten samples.
• Future projects: New gold‑mineralized area under permit application (≈2.2 km × 0.8 km surface coverage). Ongoing evaluation of other greenfield/brownfield targets with intelligence expected in 2026.

Notable Quotes

“These latest results confirm the presence of short but well‑mineralized intervals within the Black River and Oxide Basin prospects… It’s important to remember that discovering mines is a process that requires patience.” – Dennis Moore, President & Qualified Person

“We have a lot more data on Urasar than we did a year ago and we will drill until the weather turns… We anticipate receiving gold assays, multi‑element geochemistry, and spectral analysis results in Q1 2026.” – Joel Sutherland, CEO