Hayasa Metals Urasar 2026 Drilling Plan

Core Viewpoint - Hayasa Metals Inc. is advancing its exploration efforts in Armenia, with new mineralized areas identified, ongoing drilling campaigns, and a focus on corporate governance and management changes [1][16]. Prospect Pipeline - The company has identified three new mineralized areas for potential acquisition, with two areas showing anomalous gold-copper and gold-silver mineralization at the surface [2]. - The third area is an extension of an existing exploration permit, which contains historic drilling and surface workings, indicating significant potential for economic mineralization [2]. 2026 Drilling Plan at Urasar - A 500-meter diamond drill hole (UDD-021) was initiated in November 2025 but was abandoned at 235 meters due to challenging ground conditions and impending winter snowfall [3]. - Results from this partially completed hole are expected to be released soon, and new drill targets have been identified for future drilling [4][5]. QA/QC Laboratory Results - Geochemical results from SGS Laboratory for 38 samples from selected mineralized intervals have been received, confirming consistency with initial data from ALS Romania [9]. - This validation enhances confidence in the geochemical data produced by ALS Laboratory, following rigorous QA/QC procedures [9]. Management Comments - The President of Hayasa emphasizes the importance of ongoing office-based activities, including expanding the company's portfolio and engaging with local communities, despite the slow news flow during the exploration season [10]. - The CEO highlights the systematic geophysical and geochemical work completed at Urasar, which supports targeted drilling plans for 2026 [11]. Corporate Governance - Kristina Mishina has been appointed as the new Chief Financial Officer, succeeding Paul Hansed, who retired at the end of 2025 [12][14]. - Mishina brings over a decade of experience in accounting and audit, enhancing the company's financial leadership [13]. Stock Options Grant - The Board of Directors has approved the granting of stock options for 1,150,000 common shares at a price of $0.07 per share, with a vesting schedule outlined [15].