Hayasa Metals (HAYAF) Stock News

Hayasa Metals (OTCQB:HAYAF) reported 2025 drilling results from the Vardenis copper-gold project in Armenia, optioned to Teck. The 10-hole, 4,561 m program at Soviet, Razmik and Artsiv targets returned anomalous copper, molybdenum and gold, but no significant intervals of economic mineralization.

All holes intersected quartz-sulfide veining and varied alteration, including broad potassic zones and anomalous gold intervals up to 377 m. According to Hayasa, results support a large porphyry system with a 35 km2 alteration footprint and suggest future drilling may focus south and east of the 2025 area.

Hayasa Metals (OTCQB: HAYAF) reported final results from late-season hole UDD-021 at Urasar: 39m @ 0.50% Cu and 0.19 g/t Au (11–50m) and 52m @ 0.11% Cu (163–215m). Drilling was abandoned at 235m due to broken ground; target lies ~250–400m.

An expanded 6-line AMT survey is scheduled for April, with up to two drill holes planned for Q2 2026 (expected May), and three new Armenian permit applications advancing through public consultation.

Hayasa Metals (TSXV: HAY / OTCQB: HAYAF) outlined its 2026 Urasar drilling plan, prospect pipeline updates, QA/QC validation and corporate changes. Two new drill holes are planned for May 2026 in Priority 1; a 500m hole (UDD-021) was abandoned at 235m. SGS reanalysis of 38 samples confirmed prior ALS results. The board approved 1,150,000 stock options at $0.07 expiring in five years. Kristina Mishina was named CFO, succeeding Paul Hansed.

Hayasa Metals (OTCQB: HAYAF) released a second tranche of Phase 2 drill assays from the Urasar project on November 12, 2025, covering holes UDD-015, 017, 018, 019 and 020.

Highlights include 4.1m @ 2.98 g/t Au and 0.25% Cu (UDD-017), 9.0m @ 0.22 g/t Au with 139 ppm Mo (UDD-017), 4.0m @ 0.34% Cu (UDD-020) and 8.1m @ 0.27% Cu (UDD-015). Sulfide mineralization is widespread, including a ~25m massive sulfide interval in the eastern Black River zone.

The Phase 2 program completed 11 holes totaling >2,040m; the company has drilled ~4,000m across 20 holes to date and continues drilling UDD-021 with results expected in early 2026.

Hayasa Metals (OTCQB:HAYAF / TSXV:HAY) completed its 2025 Vardenis drill campaign in Armenia, finishing 10 diamond holes for a total of 4,561 meters between late August and October 27 within the planned eight-week schedule.

All ten holes intersected abundant quartz-sulfide veining and varied alteration; notable intercepts include up to 80 meters of massive silicification in hole VDD-007 and widespread potassic alteration in southern holes VDD-010 to VDD-012. More than 4,500 meters of core have been logged and are being prepared for shipment to Bureau Veritas in Ankara, with gold, multi-element, and spectral assay results expected in late Q1 2026.

Hayasa Metals (OTCQB: HAYAF / TSXV: HAY) has mobilized an Atlas Copco CS14 drill rig to the Urasar project and commenced drill hole UDD-021 on Oct 28, 2025, targeting a conductive zone identified by a July 2025 AMT survey. UDD-021 is planned to 500m, considerably deeper than prior holes; a second hole UDD-022 (~300m east) is proposed if results and weather permit.

The company expects to release assays from the summer program (about 1,000m remaining) in mid-November and says minimal additional roadwork was required to add metres funded by its recent capital raise.

Hayasa Metals (OTCQB: HAYAF / TSXV: HAY) reported first assay results from its Phase 2 2025 drill campaign at the Urasar Mineral District (11 holes, 2,040 m). Results cover holes UDD-010, 011, 012, 013, 014 and 016; remaining core assays are expected within five weeks.

Key highlights: 26.5m @ 0.37% Cu including 5.5m @ 0.96% Cu and 0.116 g/t Au (UDD-013); 24m @ 0.424 g/t Au with 0.18% Cu (UDD-016). Tens of metres of massive sulfide reported in Black River (UDD-016/017). Company flagged possible sample prep issues for selected intervals and will re-process rejects at a second lab as part of QA/QC.

Hayasa Metals (OTCQB:HAYAF) has announced final Natural Source Audio Magnetotelluric (NSAMT) survey results from its Urasar copper-gold project in Armenia. The survey, conducted by Terratec Geophysical Services, comprised three lines over the Yellow River zone with 26 stations.

The NSAMT results revealed significant low resistivity anomalies in the south ends of the profiles, extending northward where recent drilling has encountered sulfide mineralization. Of particular interest is Profile 3, suggesting potential untested sulfide-rich zones at depth. The company is awaiting assay results from its recently completed 2,040m drill program at Urasar.

Management indicates that mineralization controls at Urasar are structurally complex, with evidence of both porphyry-style and massive sulfide mineralization. The company plans to incorporate these findings into its 2026 exploration program, which will include deep drilling to test newly identified geophysical anomalies.

Hayasa Metals (OTCQB:HAYAF) has initiated its Phase 2 drilling campaign at the Vardenis copper-gold project in Armenia, under option to Teck Resources. The program targets a minimum of 3,500 meters across 10-12 holes and is expected to complete within eight weeks.

The drilling campaign focuses on three main targets: Soviet Target (minimum five holes), featuring molybdenum soil anomaly and advanced argillic alteration; Razmik Target (minimum two holes), hosting primary copper-in-soil anomaly; and Artsiv Target (minimum one hole), characterized by high sulfidation epithermal features.

The company has contracted AT Group from Yerevan, utilizing two Atlas Copco CS14 drill rigs capable of reaching 1,200 meters depth. The project builds on extensive historical work by Dundee Precious Metals and Hayasa's own 2023-2024 exploration activities.