Northwire Canada EditionWednesday, August 5, 2026
Sign inSubscribe
Northwire
⌕
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Hayasa Metals completes phase 2 drilling at Urasar

By The Northwire Desk — AI Analysis Aug 06, 2025 · 19:23 HAY · 0.15 Hayasa Metals Inc.
HAY · Price

Executive Summary

  • Hayasa Metals completed its Phase 2 diamond drill program at the Urasar mineral district, drilling 2,040.1 m in 11 holes across five prospects.
  • Assay results for 400 core samples from holes UDD‑010 to UDD‑016 are expected in late September 2025.
  • The company announced the start of its 2025 drill campaign at Vardenis (mid‑August), planning 8–10 holes totaling ≥3,400 m targeting high‑potential molybdenum and copper zones.

Key Details

  • Urasar Phase 2 Drill Program (June‑July 2025)
  • Total depth drilled: 2,040.1 m across 11 diamond drill holes.
  • Targeted prospects: Western zone – Copper Creek, Oxide Basin, Golden Vein; Eastern zone – Black River, Brick House.
  • Core samples submitted for analysis: ≈400 samples from holes UDD‑010 through UDD‑016.
  • Assay results anticipated: late September 2025.

  • Ongoing work: logging, cutting and processing of remaining core.

  • Vardenis 2025 Drill Campaign

  • Commencement: mid‑August 2025 (drill pad construction underway).
  • Planned holes: 8–10, total depth ≥3,400 m.
  • Target area: northern portion of the 94 km² licence, focusing on strong molybdenum anomalies and low‑resistivity/high‑chargeability zones identified by 2024 IP and recent MT surveys.

  • Updated drill plan map to be released at campaign start.

  • Management Commentary

  • President/Qualified Person Dennis Moore highlighted successful completion of the Urasar program and emphasized copper sulfide mineralization, especially in the Golden Vein area.

  • CEO Joel Sutherland noted extensive preparatory work (MT surveys, IP surveys, soil sampling, ground magnetics) and added two high‑quality targets to the project pipeline; expressed optimism pending assay results.

  • Qualified Person Statement

  • Content reviewed by Dennis Moore, President & Chairman, qualified under NI 43‑101.

Notable Quotes

“The 2,000‑metre, 11‑hole program at Urasar has concluded successfully… I’m particularly encouraged by the copper sulfide mineralization observed in most holes, especially those from the Golden vein area.” – Dennis Moore, President & Qualified Person

“Investors should understand that the team at Hayasa has done an exceptional amount of work with limited resources… Given the visible metal in the box at Urasar, we look forward to the assays out in September and getting started on Vardenis.” – Joel Sutherland, CEO

Read the original news release →

More from Hayasa Metals Inc.

Jun 19, 2026 · 06:31

Hayasa Metals Announces Commencement of Drill Program at Urasar Project, Armenia

Drill Results Jun 11, 2026 · 06:31

Hayasa uses geophysical data to refine Urasar targets ahead of its spring drilling campaign in Armenia.

Drill Results May 11, 2026 · 06:31

Hayasa Metals Drilling Update Fails to Deliver Economic Mineralization at Vardenis Amidst Teck Partnership

Drill Results Apr 02, 2026 · 06:31

First-mover in Armenia hits continuous copper mineralization as Teck Resources-backed explorer expands district footprint.

Drill Results Feb 05, 2026 · 08:31

Technical setbacks at Urasar offset by project pipeline expansion as investors await high-stakes Vardenis assays

Drill Results Nov 12, 2025 · 17:29

None

Drill Results