Hayasa Metals Completes 2025 Drilling Program at Urasar; Upcoming Phase 2 2025 Drill Program at Vardenis

Core Insights - Hayasa Metals Inc. has successfully completed its Phase 2 diamond drill program at the Urasar Mineral District in Armenia and is set to commence the 2025 drill campaign at the Vardenis copper-gold project [1][15] Group 1: Urasar Project - A total of 2,040.1 meters were drilled across eleven diamond drill holes during June and July 2025, targeting five prospects along a 15 km-long mineralized corridor [2] - Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for laboratory analysis, with assay results expected in late September 2025 [2] - The drill program included various exploration holes, with notable mineralization observed in the Golden Vein area [15][16] Group 2: Vardenis Project - The 2025 Vardenis drill campaign is scheduled to begin in mid-August, consisting of eight to ten drill holes totaling a minimum of 3,400 meters [13] - The northern portion of the 94 km² license area will be targeted, which hosts promising molybdenum anomalies and low-resistivity/high chargeability zones identified through previous surveys [13][14] - Drill pad construction is currently underway, with final planning of drill hole locations in progress [14] Group 3: Company Commentary - Dennis Moore, President of Hayasa Metals, expressed optimism regarding the copper sulfide mineralization observed in the Urasar project and highlighted the potential of the Vardenis project to host a Tier-1 porphyry copper-molybdenum deposit [15] - Joel Sutherland, CEO of Hayasa Metals, commended the team's efforts in completing the Urasar program and emphasized the extensive work done with limited resources, including various surveys and sampling [16][17]