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Hayasa Metals 2025 2,000m Drilling Campaign at Urasar Copper-Gold Project in Armenia has Commenced
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OT...
About this update from Hayasa Metals Inc.
[{"type":"text","content":"Hayasa Metals 2025 2,000m Drilling Campaign at Urasar Copper-Gold Project in Armenia has CommencedVancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) (\"Hayasa\" or the \"Company\") is pleased to announce that it has begun its planned 2025 drill program at Urasar, Armenia which is expected to be completed within 9 weeks.Hayasa has contracted AT Group, a drilling company based in Yerevan, Armenia which has worked with the Company in the past. The program will utilize an Atlas Copco CS14 drill rig, which is capable of drilling to 1,200 meters depth. The rig was successfully mobilized to site June 1 and began drilling operations June 2.Recent Work by Hayasa MetalsSince mid-2023, Hayasa has undertaken comprehensive early-stage exploration, including:Geochemical Survey: 1,571 soil samplesGeophysics: 240 line-km ground magnetic surveyGeological Mapping & Rock Sampling: 297 rock chip samplesHIRIP Survey: three 1300m lines at Copper Creek, Oxide Basin and Black River Drilling: 2,142m across 9 diamond drill holesThis work confirmed a robust, 15 km-long, E-W trending geochemical anomaly along the Chibukhlu Fault-anomalous in copper, gold, molybdenum, and associated chalcophile elements. The 2024 drill program intersected strongly altered, brecciated sulfide-bearing volcanic lithologies, but unfortunately the assays and geochemical results were sub-economic.A reevaluation, prompted by the recovery of a Soviet-era (1960) report, revealed that the initial drill holes had targeted the mineralized zone too far south, intersecting only unmineralized footwall rocks. The historic data included:Partial Soviet drill logs and assaysChannel samples from underground adits (Golden Vein area)Historic underground plans and cross-sectionsThe plotting of the Soviet data explained the 2024 drill program issue, and has significantly refined drill targeting for 2025.2025 Drill Program OverviewThe 2025 program will total approximately 2,000 meters of diamond drilling across 8 or 9 holes, with the following priorities:Western Targets (Copper Creek, Golden Vein, Oxide Basin):At least 6 holesMore Northly-sited, topographically elevated collar positionsSouthward orientation to intercept north-dipping mineralized structuresBlack River Target:2 holesSteep angle, north and northwest-directedDesigned to test...