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Hayasa Metals Announces Additional Drilling at Urasar Project
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Hayasa Metals Inc. (TSXV: HAY)...
About this update from Hayasa Metals Inc.
[{"type":"text","content":"Hayasa Metals Announces Additional Drilling at Urasar ProjectVancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) (\"Hayasa\" or the \"Company\") has begun drilling additional holes between the Oxide Basin and Copper Creek targets, located at the western end of the Urasar Mineral District. An Atlas Copco CS14 drill rig, operated by contractor AT Group, has been mobilized from Hayasa's Vardenis Project to the Urasar site and has commenced drilling hole UDD-021 as at Oct 28. Fig. 1. Planned, late season drill hole UDD-021 and UDD-022 locationsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3169/272180_87e7b1e39465b91d_002full.jpgCEO Joel Sutherland comments: \"When I joined the Company, I felt the odds of making a discovery were favorable given the visual outcropping of mineralization at surface, and, in general, how underexplored Armenia is despite its central location within the Tethyan Belt. We remain convinced that there is a deposit at Urasar and look forward to reamining 1,000m of assays from the summer program expected to be released mid-November. Given that the primary use of proceeds from the recent capital raise is for drilling, we have decided to undertake additional meters this year given we had three drill pad locations already completed and minimal additional roadwork was required.The location logic is addressed below, our goal is to drill at least one deeper hole to intersect with the conductive zone identified by the AMT survey undertaken this summer, conditional upon weather and safety conditions. If the drilling goes well and weather conditions remain good, we'll aim to do a second hole.\"Fig. 2. 2025 Drill hole locations at UrasarTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3169/272180_87e7b1e39465b91d_003full.jpgBackground:In July 2025, a trial audio-magnetotelluric (AMT) geophysical survey comprising three survey lines was completed at Urasar just as the summer drilling program was concluding. As seen in the resistivity model below, zones of low resistivity/high conductivity appear to correspond to areas of sulfide mineralization intersected in drill holes UDD-01, UDD-11, and UDD-14. The data also suggests that these holes may have been terminated premat...