Hayasa Metals Inc. has received the remaining geochemical results for drill holes UDD-04, 05, 07, 08 and 09, from the Oxide Basin, Black River and Brick House prospects. Similar to the previously announced results from holes UDD-01, 02, 03 and 06, these final five holes contain low-level gold mineralization throughout, particularly hole UDD-04 at Oxide Basin, which also returned the highest average copper geochemistry of [...]
Hayasa Metals Inc. is pleased to announce that it has received the geochemical results for drill holes UDD-01, 02, 03 and 06, from the Copper Creek and Golden Vein prospects as well as the final high resolution induced polarization sections from a trial IP survey executed in October 2024. Figure 1: Drill hole locations and IP lines overlain on ground mag image To view an enhanced version of this graphic, please visit [...]
Hayasa Metals Inc. is pleased to announce that it has received the processed results from a 130 line-km ground magnetometer survey conducted over the Vardenis Copper-Gold Project during two field seasons: AUG-SEP 2023, and AUG-OCT 2024. The survey was executed by Hayasa Metals personnel and processed by Campbell and Walker Geophysics of Edinburgh, Scotland. The survey was carried out to complement other geophysical and [...]
Hayasa Metals Inc. is pleased to announce that it has completed its previously announced sale of a 1.25% Net Smelter Return royalty covering all minerals produced from the Urasar gold-copper project in northern Armenia to Franco-Nevada Corp. and EMX Royalty Corp. . The NSR was sold for an aggregate cash purchase price of US$1,000,000, with Franco-Nevada contributing US$550,000 and EMX contributing US$450,000 [...]
Hayasa Metals Inc. is pleased to announce the Company has received the results from a 23 line-km high resolution induced polarisation survey conducted over the Vardenis Project in August and September 2024. The survey was executed by Terratec Geophysical Services GmbH & Co. based in Heitersheim, Germany. The survey was carried out to define subsurface geophysical and geological characteristics that will help define drill [...]
Hayasa Metals Inc. is pleased to announce the sale of a 1.25% Net Smelter Return royalty covering all minerals produced from the Urasar gold-copper project in northern Armenia to Franco-Nevada Corp. and EMX Royalty Corp. , for US$1,000,000 cash. Commercial Terms Franco-Nevada and EMX will pay the Company a combined US$1 million with Franco-Nevada contributing US$550,000 and EMX contributing US$450,000 in accordance with [...]
Hayasa Metals Inc. is pleased to announce the completion of its maiden drilling campaign at its 100% owned Urasar Mineral District project in northern Armenia. A total of 2,142 meters were completed in nine holes at the Urasar property during October and November. The Company tested five separate target areas within the 15km long mineralized corridor: Copper Creek, Oxide Basin and Golden Vein in the western part of the [...]
Hayasa Metals is pleased to provide an operational update and announce the appointment of Robert Furse and Derek White to Hayasa's Board of Directors with immediate effect. Hayasa's drill program at Urasar is the focus of our current update. To date, the company has completed two holes at Copper Creek; both holes were planned for approximately 200m. Drill hole UDD-001 was lost at just under 150m which was disappointing as [...]
Fremont Gold is pleased to announce that the TSX Venture Exchange has approved the Company's name change from Fremont Gold Ltd. to Hayasa Metals Inc. At the opening of the markets on November 6, 2024, the Company's common shares will commence trading under the new name Hayasa Metals Inc. and the new stock symbol "HAY". The Company's new CUSIP number is 420634107 and its new ISIN number is CA4206341071. The name change was [...]
Fremont Gold is pleased to announce that it has begun its maiden 1,600m drill program at Urasar, Armenia which is expected to be completed within 8 weeks. To date, nine priority drill targets have been identified at the Copper Creek, Black River, and Brick House prospects, as illustrated in Figure 1 below. Fremont expects additional priority targets to emerge as results from recently-collected geochemical surface samples [...]
Fremont Gold announces that it has agreed to settle outstanding debts owed to two current and one former member of its management team totalling $499,333. The debts relate to unpaid remuneration and unreimbursed expenses that began accumulating in mid 2021. The Company has entered into debt settlement agreements with each of Dennis Moore, the Company's President, interim Chairman and a director of the Company, Paul [...]
Fremont Gold is pleased to announce the results of detailed geological and structural mapping, as well as an expanded geochemical soil survey at the Company's Urasar Mineral District exploration permit in northern Armenia. This work underscores a major expansion in both the geological understanding and the mineral potential of the area. Figure 1. Copper soil geochemistry at Urasar To view an enhanced version of this [...]
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