Hayasa Metals Announces Results from IP Survey over Vardenis Copper-Gold Project
Hayasa Metals Announces Results from IP
Survey over Vardenis Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Hayasa Metals Inc. (TSXV: HAY)
(OTCQB: HAYAF) ("
Hayasa
" or the "
Company
") is pleased to announce the Company has received
the results from a 23 line-km high resolution induced polarisation (HRIP) 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 targets for the Vardenis Phase 2 drilling campaign planned for later this year.
IP surveys produce sections showing chargeability and resistivity measured in Ohm/m and millivolts per
volt respectively, below each line surface of the surveyed area as shown in the following images.
Figure 1 below outlines the overall work performed at Vardenis in 2024.
Figures 2 and 3 are sections for
lines 6 and 7 (out of a total of 10 lines) which cross the center of the large copper-in-soil geochemical
anomaly discussed in previous news releases (see news releases dated June 22, 2023 and April 30,
2024) and presented in the corporate presentation.
The other eight sections can be viewed in the final
report which will be posted on our website later this week and will be circulated to subscribers of Hayasa
corporate updates which can be done here:
https://hayasametals.com/contact/subscribe/
President, Chairman and Hayasa's QP Dennis Moore comments: "
We are pleased that the recent IP
survey shows large chargeability and resistivity anomalies where we hoped to see them, beneath the
northern part of the 3.5km x 2.4km copper soil anomaly.
Now comes the fun part, poking drill holes
into the best parts of the coincident IP and soil anomalies to demonstrate proof of concept.
We expect
the drill campaign to kick off in June of this year, and it will be a minimum of 3,000m, but possibly up
to 8,000m."
Figure 1. IP survey area and Cu soil anomaly
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/236909_c6e9c393940f1852_002full.jpg
Figure 2. IP survey line 6
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/236909_c6e9c393940f1852_003full.jpg
Figure 3. IP survey line 7
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3169/236909_c6e9c393940f1852_004full.jpg
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:
www.hayasametals.com
https://x.com/Hayasametals
Neither the 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 Vardenis. 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 regulators. 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/236909