Hayasa Metals Urasar Copper-Gold Project, Drilling Update
Hayasa Metals (OTCQB: HAYAF) has completed three drill holes totaling approximately 800 meters as part of its ongoing 2,000-metre 2025 drill campaign at the Urasar Mineral District in Armenia. The completed holes UDD-010, UDD-011, and UDD-012 reached depths of 321.0m, 128.2m, and 229.5m respectively, with UDD-013 currently in progress.
Notably, holes UDD-011 and UDD-012 intersected significant mineralized intervals containing chalcopyrite, pyrite, and minor bornite. The company is exploring a copper-gold mineralized body that strikes east-west for approximately 900 meters between the Copper Creek zone and Golden Vein adits, part of a broader 15-kilometer-long mineralized lineament.
Additionally, the company granted 750,000 stock options at $0.12 per share with a five-year term, vesting over 24 months.
Hayasa Metals (OTCQB: HAYAF) ha completato tre fori di perforazione per un totale di circa 800 metri nell'ambito della sua campagna di perforazione 2025 in corso da 2.000 metri presso il Distretto Minerale di Urasar in Armenia. I fori completati UDD-010, UDD-011 e UDD-012 hanno raggiunto profondità rispettivamente di 321,0 m, 128,2 m e 229,5 m, mentre il foro UDD-013 è attualmente in fase di esecuzione.
In particolare, i fori UDD-011 e UDD-012 hanno intercettato intervalli mineralizzati significativi contenenti calcopirite, pirite e una minima quantità di bornite. L'azienda sta esplorando un corpo mineralizzato di rame e oro che si estende in direzione est-ovest per circa 900 metri tra la zona Copper Creek e gli accessi Golden Vein, parte di un più ampio lineamento mineralizzato lungo 15 chilometri.
Inoltre, la società ha concesso 750.000 opzioni azionarie a $0,12 per azione con una durata di cinque anni, con maturazione delle opzioni distribuita su 24 mesi.
Hayasa Metals (OTCQB: HAYAF) ha completado tres perforaciones que suman aproximadamente 800 metros como parte de su campaña de perforación 2025 en curso de 2,000 metros en el Distrito Mineral Urasar en Armenia. Los taladros completados UDD-010, UDD-011 y UDD-012 alcanzaron profundidades de 321.0 m, 128.2 m y 229.5 m respectivamente, mientras que el UDD-013 está actualmente en progreso.
Destaca que los taladros UDD-011 y UDD-012 intersectaron intervalos mineralizados significativos que contienen calcopirita, pirita y una pequeña cantidad de bornita. La compañía está explorando un cuerpo mineralizado de cobre y oro que se extiende en dirección este-oeste por aproximadamente 900 metros entre la zona Copper Creek y las entradas Golden Vein, parte de un lineamiento mineralizado de 15 kilómetros de longitud.
Además, la compañía otorgó 750,000 opciones sobre acciones a $0.12 por acción con un plazo de cinco años, con adquisición de derechos durante 24 meses.
Hayasa Metals (OTCQB: HAYAF)는 아르메니아의 우라사 광물 지구에서 진행 중인 2,000미터 2025년 시추 캠페인의 일환으로 총 약 800미터에 달하는 3개의 시추공을 완료했습니다. 완료된 시추공 UDD-010, UDD-011, UDD-012의 깊이는 각각 321.0m, 128.2m, 229.5m이며, 현재 UDD-013 시추공이 진행 중입니다.
특히 UDD-011과 UDD-012 시추공에서는 황동광, 황철석 및 소량의 보나이트가 포함된 유의미한 광물화 구간이 확인되었습니다. 회사는 Copper Creek 지역과 Golden Vein 입구 사이 약 900미터 동서 방향으로 뻗은 구리-금 광물화체를 탐사 중이며, 이는 전체 길이 15킬로미터에 달하는 광물화 선상의 일부입니다.
또한 회사는 주당 $0.12의 행사 가격으로 5년 만기, 24개월에 걸쳐 권리가 부여되는 750,000주 스톡옵션을 부여했습니다.
Hayasa Metals (OTCQB : HAYAF) a achevé trois forages totalisant environ 800 mètres dans le cadre de sa campagne de forage 2025 en cours de 2 000 mètres dans le district minéral Urasar en Arménie. Les trous de forage terminés UDD-010, UDD-011 et UDD-012 ont atteint des profondeurs respectives de 321,0 m, 128,2 m et 229,5 m, tandis que le forage UDD-013 est en cours.
Notamment, les forages UDD-011 et UDD-012 ont intercepté des intervalles minéralisés significatifs contenant de la chalcopyrite, de la pyrite et une faible quantité de bornite. La société explore un corps minéralisé en cuivre et or qui s'étend d'est en ouest sur environ 900 mètres entre la zone Copper Creek et les accès Golden Vein, faisant partie d'un linéament minéralisé de 15 kilomètres de long.
De plus, la société a accordé 750 000 options d'achat d'actions au prix de 0,12 $ par action, avec une durée de cinq ans et une acquisition des droits sur 24 mois.
Hayasa Metals (OTCQB: HAYAF) hat im Rahmen seiner laufenden 2.000-Meter-Bohrkampagne 2025 im Urasar-Mineralbezirk in Armenien drei Bohrlöcher mit insgesamt etwa 800 Metern abgeschlossen. Die abgeschlossenen Bohrlöcher UDD-010, UDD-011 und UDD-012 erreichten Tiefen von 321,0 m, 128,2 m bzw. 229,5 m, während UDD-013 derzeit in Arbeit ist.
Bemerkenswert ist, dass die Bohrlöcher UDD-011 und UDD-012 bedeutende mineralisierte Abschnitte mit Chalkopyrit, Pyrit und geringfügigem Bornit durchteuften. Das Unternehmen erkundet einen kupfer-goldhaltigen mineralisierten Körper, der sich ost-westlich über etwa 900 Meter zwischen der Copper Creek-Zone und den Golden Vein-Stollen erstreckt, Teil eines größeren 15 Kilometer langen mineralisierten Lineaments.
Zusätzlich gewährte das Unternehmen 750.000 Aktienoptionen zu einem Preis von 0,12 USD pro Aktie mit einer Laufzeit von fünf Jahren, die über 24 Monate vesten.
- Multiple significant mineralized intervals discovered in holes UDD-011 and UDD-012
- Exploration targets a substantial 900-meter copper-gold mineralized body
- Part of a broader 15-kilometer-long mineralized lineament indicating significant potential
- Soviet-era geological report provides historical copper assay data to guide exploration
- Only 800 meters of the planned 2,000-metre drill campaign completed so far
- Assay results not yet available from completed drill holes
- Stock options grant at $0.12 may indicate current low share price
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) ("Hayasa" or the "Company") is pleased to announce the completion of three drill holes totaling approximately 800 meters as part of its ongoing 2,000-metre 2025 drill campaign at the Urasar Mineral District in Armenia.
Campaign to Date
The Company has completed drill holes UDD-010, UDD-011, and UDD-012 to depths of approximately 321.0 m, 128.2 m, and 229.5 m, respectively. Hole UDD-013 is currently in progress and is expected to reach a final depth of approximately 200 m.
Drill holes UDD-010 and UDD-011 were completed in the Copper Creek area, while UDD-012 and UDD-013 are located in the Golden Vein zone, as illustrated in Figure 1 below. The Company plans to drill an additional two holes at the Black River prospect, two additional holes within the Copper Creek and Golden Vein zones and one hole at Oxide Basin (see Hayasa Metals news release dated June 3, 2025).
As highlighted in the aforementioned news release, Hayasa recently acquired a Soviet-era (circa 1960) geological report detailing copper assay results from historic exploration adits. The Company's 2025 drill campaign will be directed in part towards targeting the mineralized zones defined by this historic work.
Dennis Moore, President of Hayasa, stated: "We are putting metal in the box this summer. Holes UDD-011 and UDD-012 intersected multiple significant mineralized intervals-spanning tens of meters-of intensely altered volcanics and breccias hosting mineralized quartz stockworks and 1 to 5 cm-wide quartz veins containing chalcopyrite, pyrite, and minor bornite."
Moore added: "The objective of this campaign is to better understand the extent and geometry of a wide, copper-gold mineralized body which strikes east-west for approximately 900 meters between the Copper Creek zone and the Golden Vein adits. This mineralization is part of the broader 15-kilometer-long mineralized lineament that defines the Urasar Mineral District including the Oxide Basin area to the west and the Black River area to the east."
Joel Sutherland, CEO of Hayasa Metals, commented: "The length of mineralization we are seeing is encouraging; particularly as we are not yet halfway through our 2025 Urasar program."
Figure 1. Map showing drill hole locations at Copper Creek and Golden Vein.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/256830_3d37a61f84566aa2_002full.jpg
Figure 2. Stockwork with sulfide in Hole UDD-012
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/256830_fig2hayasa.jpg
Figure 3. Stockwork mineralization in Hole UDD-011
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/256830_fig3hayasa.jpg
Grant of Stock Options
Hayasa's Board of Directors has approved the granting of stock options pursuant to the Company's 2024 omnibus equity incentive plan. The stock options will entitle the holders to purchase a total of 750,000 common shares in the capital stock of the Company at a price of
About Urasar
Hayasa Metals holds a 3,392-hectare exploration license over the Urasar Mineral District in northern Armenia. The project spans a 15 km mineralized corridor following the Yellow River and Black River valleys. The geology comprises oceanic serpentenized ophiolites thrust over Tertiary-aged volcanics, volcanoclastics, and limestones-an analogous setting to the 4+ million oz Zod (Sotk) deposit located ~100 km to the southeast along the same regional-scale lineament.
Qualified person
The content of this news release was reviewed by Dennis Moore, Hayasa's President, and Chairman, a qualified person as defined by National Instrument 43-101.
On behalf of the Board of Directors,
Joel Sutherland
CEO
Hayasa Metals Inc.
For further information, contact:
joel@hayasametals.com
www.hayasametals.com
https://x.com/Hayasametals
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements including, without limitation, statements regarding future exploration programs at Urasar. Important factors that could cause actual results to differ materially from the Company's expectations including the risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by Canadian securities law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256830
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