CA Market News
3日前
Homeland Announces Results of the Annual General Meeting of ShareholdersJune 30, 2026 5:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce the results of its Annual General Meeting of shareholders held on Monday, June 29, 2026, in Vancouver, British Columbia (the "AGM").All matters put forward to shareholders at the AGM were approved, including the appointment of DMCL, Chartered Professional Accountants, as the auditor of the Company for the ensuing year. Shareholders also approved and confirmed the Company's "rolling up to 10" Omnibus Equity Incentive Compensation Plan, as amended (the "Plan"). The Plan remains subject to the final approval of the TSX Venture Exchange.In addition, shareholders elected Roger Lemaitre, Eugene McBurney, Mark Christensen, Rob Shewchuck, Andrew Tunks and Bernard Poznanski as directors of the Company for the ensuing year. Homeland is pleased to welcome Bernard Poznanski as a new independent director of the Company.Bernard Poznanski, the Company's former external legal counsel, is a highly experienced corporate and securities lawyer with more than 40 years of distinguished practice advising public companies listed on the Toronto Stock Exchange, the TSX Venture Exchange, the NYSE American and NASDAQ on complex securities, corporate finance, mergers and acquisitions, and mining law matters. He brings strategic legal insight into transactions across a broad range of industries, particularly in natural resources, technology and capital markets.A total of 29,207,960 common shares of the Company ("Common Shares"), representing approximately 26.1% of the Company's issued and outstanding Common Shares as of the AGM record date were represented in person or by proxy at the AGM.Subsequent to the AGM, the Board of Directors of the Company (the "Board") re-appointed Eugene McBurney as Chair of the Board.Equity Incentive Compensation GrantThe Company also announces that the Board approved the issuance of 500,000 stock options ("Options") and 200,000 deferred share units ("DSUs") of the Company to a director of the Company pursuant to the Plan. Each Option entitles the recipient to purchase one Common Shares at an exercise price of $0.12 per share and will vest one-third immediately and one-third on each of the first and second anniversaries of the date of grant and will expire on June 29, 2031. Each DSU entitles the recipient to receive one Common Share upon settlement of the DSU. The DSUs awarded will fully vest on the first anniversary of the date of grant date, being June 29, 2027 and will settle on the DSU holder's termination of service with the Company.For further information regarding the Plan, readers are encouraged to review the management information circular (the "Circular") prepared for the AGM, which includes a summary of the material terms of the Plan. The Circular is available under the Company's profile on SEDAR+ (www.sedarplus.ca).About Homeland Uranium Corp.Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Cross Bones and Coyote Basin uranium projects in northwestern Colorado. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303556 Original: Homeland Announces Results of the Annual General Meeting of Shareholders
CA Market News
1月前
Homeland Identifies New Radiometric Surface Showing at the Cross Bones Uranium Project, ColoradoJune 1, 2026 7:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to report the completion of its detailed surface geological mapping, prospecting, radiometric surveying, and rock sampling program at the Company's 100%-owned Cross Bones Uranium Project (the "Project"), located near Rangely, Colorado (Figure 1).The highlight of the program was the discovery of a new area of surface radioactivity approximately 4.5 km (2.8 miles) east-south-east and along strike of the Blue Flame Adit area, where the Cross Bones Uranium Deposit is observed in outcrop (see Figures 1, 2 and 3). This new surface radiometric showing was not documented in any of the previous reports or in rock sample data acquired by the Company during its two data purchases, nor does it appear in United States Geological Survey MRDS database (see https://mrdata.usgs.gov/mrds/) or in the Colorado Geological Survey's Report ON-B-40D Radioactive Mineral Occurrences of Colorado and Bibliography (see https://coloradogeologicalsurvey.org/publications/radioactive-mineral-occurrences-colorado-bibliography-data/). Note that field radiometric readings are qualitative in nature and are intended only to indicate relative levels of radioactivity.Significant radioactivity ranging from 450 to 3,400 cps was detected in outcrop from sandstone, shale and thin coal units within the Sego Sandstone Formation, over a strike length of 500 m (1,640 ft) (see Figure 3). The Company has named this new radiometric showing the East Ridge Showing.In addition to the discovery of the East Ridge Showing, several notable radiometric results were identified during the mapping program. In Area 1B (Figure 4), outcrops located west of the surface expression of the Cross Bones Deposit returned 4000 cps and 3000 cps using the CT007-M instrument ("CT-007"). One sample east of the outcropping expression of the Cross Bones Uranium Deposit returned 2,200 cps (CT-007) and one other sample returned 2,200 cps using a portable gamma-ray spectrometer PGIS-2 ("PGIS"). In Area 2B, one sample was collected from a carbonaceous shale outcrop that returned field radiometric readings of approximately 600 cps (CT-007). Area 2B contains the historical Urangeschellshaft Showing and is also south of Pioneer Minerals' Countryline Prospect, which contains a high-grade rock sample returning 4,257 ppm U3O8 located adjacent to the Cross Bones property boundary (https://clients3.weblink.com.au/pdf/PMM/03063697.pdf) (see Figure 5). "The discovery of a previously unknown 500 m long surface radiometric anomaly along strike of a known uranium deposit in an existing uranium mining jurisdiction is definitely uncommon and extremely encouraging. In addition to the East Ridge radiometric discovery, the spring program at Cross Bones identified several areas of elevated radioactivity and has helped corroborate the historical exploration work completed by BlueRock, Ashland and Anschutz that will help with drill targeting in the immediate the Cross Bones Deposit area. This program has strengthened the Company's conviction that the Cross Bones project is a compelling exploration story." stated Roger Lemaitre, President and Chief Executive Officer of Homeland Uranium.The mapping program commenced on April 22, 2026 and was completed on May 23, 2026. Exploration activities focused on priority target areas designated 1A and 1B (Blue Flame Area), 2A, 2B, and 3 (East Ridge), where the Company completed detailed geological mapping, prospecting, radiometric surveying, and selective rock sampling (Figures 1-5). Radiometric surveying was completed across the Project using a PGIS-2 portable gamma-ray spectrometer. The radiometric survey and mapping were generally carried out at 200 m (656 ft) line spacings with tie lines inserted depending on the length of the survey lines. Based upon these results, additional mapping and prospecting is warranted in the East Ridge Area.Background radioactivity across the Project area is generally observed to range between approximately 25 and 80 counts per second ("cps") using the CT007-M instrument. For the PGIS survey, background radioactivity is estimated to range up to approximately 300 cps. Samples exhibiting elevated radiometric response generally above 80 cps (CT-007) were selected for laboratory analysis, resulting in 67 samples (including duplicates) that will be submitted to Paragon Geochemical Laboratories (Paragon) in Sparks, Nevada for sample preparation and multi-element analysis (Table 1).Data collected during the mapping program is currently undergoing compilation and interpretation in combination with the Company's historical exploration dataset. Results from the program are expected to contribute to the Company's geological understanding of uranium mineralization on the property and assist in refining targets for future drill programs at the Cross Bones Deposit, the East Ridge Showing and other areas on the property.About Homeland Uranium Corp.Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Cross Bones and Coyote Basin uranium projects in northwestern Colorado. Sampling and QA/QCRock samples were collected selectively from outcrop and mineralized exposures and are considered grab samples, which are inherently selective in nature and may not be representative of underlying mineralization. Samples were placed in sealed bags and transported under chain of custody procedures to Paragon Geochemical Laboratories in Sparks, Nevada for preparation and analysis. Certified reference materials, blanks, and duplicates will be inserted into the sample stream at regular intervals as part of the Company's quality assurance and quality control procedures. Analytical work will include Paragon's PREP-PKG sample preparation and 48-element multi-acid digestion with ICP-MS analysis. Paragon's methods are ISO 17025:2017 accredited and valid through multiple international proficiency testing programs.Qualified PersonRoger Lemaitre, P.Eng., P.Geo., the Company's President and Chief Executive Officer, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release.Forward-Looking StatementsThis news release contains "forward-looking statements" within the meaning of applicable securities legislation. Such forward-looking statements in this news release relate to, among other things: the Company's expectation and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Project. These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results; timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.Figure 1: Cross Bones Property and Mapping Areas of Priority with the newly discovered East Ridge Showing and the Historical Cross Bones Uranium Deposit LocationTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/299562_4eab7a5a84f79ac0_002full.jpgFigure 2: Sample Locations and for the Cross Bones Mapping Area 3 (East Ridge Showing)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/299562_4eab7a5a84f79ac0_003full.jpgFigure 3: Sample Locations and cps values for the Cross Bones Mapping Area 3 (East Ridge Showing)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/299562_4eab7a5a84f79ac0_004full.jpgFigure 4: Sample Locations and cps values for the Cross Bones Mapping Area 1A and 1B (Cross Bones Uranium Deposit - Blue Flame Area).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/299562_4eab7a5a84f79ac0_005full.jpgFigure 5: Sample Locations and cps values for the Cross Bones Mapping Areas 2A and 2B*Source: Pioneer Minerals News Release dated March 3, 2026 available at https://clients3.weblink.com.au/pdf/PMM/03063697.pdfTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/299562_4eab7a5a84f79ac0_006full.jpg Table 1: Spring 2026 Cross Bones Mapping Program Samples returning above 80 cps (CT-007) and sent for Geochemical Analysis. Sample Number Area Easting m Northing m Elev m Lithology Outcrop cpst Sample cpsu Instrument12A67344944546661767Coal Shale13080CT00722B67553644526491811Coal Shale13080CT00732B67558344539331796Coal Shale14080CT00742B67590544537461803Coal Shale120600CT00752B67747344536901749Sandstone12080CT00762B67808544532111755Mudstone9285CT00772B67828544533191737Coal Shale11087CT00782B67851844537931746Mudstone11585CT00792B67852044537831746Coal Shale140100CT007102B67891544540201738Coal Shale13086CT007112B67906944535201756Coal Shale11085CT007121A68938144568391745Sand/ carbonaceous material
500CT007131A68956544567891729Coal155
CT007141A68991844565481731Shale1050
CT007151A69000744564891719Coal Shale10080CT007161A69035444563931708Coal Shale1020250CT007171A69044544564411711Coal Shale11090CT007181A69044644564421713Fault in Sandstone11085CT007191B69067144564021715Coal126115CT007201B69079544563921735Sandstone119120CT007211B69079544562851728Sandstone907
PGIS_02221B69080044563981732Coal1200250CT007231B69080044563991736Sandstone274135CT007241B69080144562791724Sandstone400150CT007251B69080244562791723Coal4000250CT007261B69080444562801726Sandstone3000400CT007271B69081344562781724Sandstone575
PGIS_02281B69081544563841735Sandstone150111CT007291B69083844563211717Sandstone11584CT007301B69087444562891720Sandstone350140CT007311B69097744563301728Sandstone
2200PGIS_02321B69098144563321714Shale385195CT007331B69104644562761716Sandstone150100CT007341B69106044561891712Sandstone2000350CT007351B69106244561901701Fault in Sandstone1700200CT007361B69107844562881713Sandstone350150CT007371B69109044562911726Shale567
CT007381B69109244562901729Sandstone500177CT007391B69109644562931730Sandstone140150CT007401B69110844561431712Sandstone393
PGIS_02411B69114544561581717Sandstone1400
PGIS_02421B69119744564181729Sandstone120105CT007431B69128944561021727Coal179103CT007441B69137244561731737Sandstone298208CT007451B69137244561721750Sandstone155100CT007461B69137344561761759Sandstone350260CT007471B69137344561771749Coal470250CT007481B69137444561771757Sandstone
2200CT007491B69147744563141746Siltstone650150CT007501B69147744563141746Sandstone900100CT00751369529744554081673Sandstone1280
CT00752369532144554041683Sandstone1500200CT00753369532244554061682Coal1800
CT00754369538744553991678Sandstone450104CT00755369573344553661687Sandstone2300250CT00756369573744553651682Sandstone2300300CT00757369578544553521675Sandstone3400900CT00758370045044545651744Coal Shale120
CT007*All UTMs are in NAD83 Zone 12N. List does not include duplicates.
t Outcrop cps denotes radioactive readings obtained at the outcrop before the rock sample was collected for analysis
u Sample cps denotes radioactive readings obtained from a rock sample collected from the outcrop and the sample radioactivity was measured away from the influence of the outcrop To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299562 Original: Homeland Identifies New Radiometric Surface Showing at the Cross Bones Uranium Project, Colorado
CA Market News
2月前
Homeland Initiates Surface Mapping Program at the Cross Bones Uranium Project, ColoradoMay 5, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") reports the commencement of a detailed geological mapping, prospecting and sampling program at its 100%-owned Cross Bones Uranium Project (the "Project"), located near Dinosaur, Colorado (Figure 1).The mapping program is designed to verify historically reported radioactive occurrences, assess the distribution and characteristics of uranium mineralization at surface, and identify new areas of elevated radioactivity. The program will also support refinement of geological targets in advance of a future drilling program anticipated in the second half of 2026. Mapping and prospecting activities are expected to be completed over a period of approximately one month.The program will evaluate three prospective priority target areas (Figure 1), which will be assessed sequentially based on exploration potential. The highest priority mapping area encompasses the area surrounding the Cross Bones Uranium Deposit (formerly called the Skull Creek Uranium Deposit) based on drilling completed in 1978-1979 by Anschutz Uranium Corp. and Ashland Minerals. Bluerock Resources conducted follow-up drilling in 2006. The Cross Bones Uranium Deposit outcrops at surface and is hosted within the Sego Sandstone and possibly the Isles Formation, a member of the Upper Cretacous-age Mesaverde Group Formation. The Sego Sandstone and Iles Formation is overlain by the younger Upper Cretaceous-age Williams Fork Formation and the Palecocene-age Fort Union Formation, the target horizon at the Company's Coyote Basin Project.The Company recently acquired a second dataset for the Cross Bones Project (see the Company's news release of February 26, 2026) which included key historical exploration information such as drill hole locations, surface radioactivity, and outcrop sampling results that were not previously in Homeland's possession. The amalgamation of the new dataset with Homeland's existing data has had a significant positive impact on the Company's understanding of the Cross Bones Uranium Project and the historical uranium mineralization encountered on the property. This new dataset saves the Company several millions of dollars of future exploration costs that will not have to be incurred and at least one year of exploration effort.Roger Lemaitre, President and CEO of Homeland Uranium, stated, "The new dataset acquisition has allowed the Company to accelerate our original exploration program and will allow us to focus more efficiently at defining mineralization at Cross Bones. This mapping program is an important step in tying together our understanding of geology of the Cross Bones project and refining the drill target selection process for the known mineralized area, as well as identifying other areas on the property for future work."Further updates will be provided as the mapping program progresses and results are compiled and interpreted.About Homeland Uranium Corp.Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado. Qualified PersonNancy Normore., P.Geo., the Company's Vice President, Exploration, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release.Forward-Looking StatementsThis news release contains "forward-looking statements" within the meaning of applicable securities legislation. Such forward-looking statements in this news release relate to, among other things: the Company's expectation and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Project. These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results; timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.Figure 1: Cross Bones Property and Mapping Areas of PriorityTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/295934_4f3d6aaca4b8ca51_002full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295934 Original: Homeland Initiates Surface Mapping Program at the Cross Bones Uranium Project, Colorado
CA Market News
2月前
Homeland Announces Amended Investor Relations Agreement with CDMGMay 4, 2026 11:30 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") announces that further to its agreement with Creative Direct Marketing Group, Inc. ("CDMG") dated April 16, 2025 in connection with the provision by CDMG of certain investor relations services to the Company (see news release dated May 20, 2025), the Company has entered into an amended and restated agreement (the "Agreement") with CDMG which, among other things, clarifies the terms and conditions pursuant to which CDMG shall provide services to the Company under the Agreement and any applicable Work Order (as defined below).Pursuant to the Agreement, CDMG has agreed to assist the Company with certain investor relations related activities, including communicating with and marketing to potential investors, brokers, shareholders, analysts and media contacts (collectively, the "IR Services") for a term of four years expiring on April 16, 2029. Under the terms of the Agreement, all IR Services to be provided by CDMG (and the estimated costs payable by the Company in relation thereto) are itemized in individual work orders (each, a "Work Order") which are subject to approval by the Company prior to the provision of any IR Services to the Company under a particular Work Order. There are no performance factors contained in the Agreement and CDMG has not and will not receive any securities of the Company as compensation. CDMG is arm's length to the Company, and, to the knowledge of the Company, neither CDMG, nor any of its principals, have any present equity interest in the Company's securities, directly or indirectly, or any right to acquire any equity interest of the Company.In consideration for the IR Services provided to the Company by CDMG which commenced on April 16, 2025 and ended on September 16, 2025, the Company paid CDMG a cash fee of US$114,100 and expended approximately US$1,851,411 in printing, mailing, video production and advertising costs in connection with the provision of such IR Services during the aforementioned period.Homeland has no present intention to engage CDMG for any future IR Services under this contract.The Company confirms that it paid FeMax Publishing Consulting Ltd. ("FeMax") a cash fee of EUR77,500 (C$120,318 based on the Bank of Canada's exchange rate at the time of payment) in connection with certain marketing and investor relations services provided by FeMax to the Company (see May 20, 2025 news release). The Company's engagement of FeMax's services ended in March 2026 and the Company has no present intention to engage FeMax for any future services."About Homeland Uranium Corp.Homeland is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado.For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295933 Original: Homeland Announces Amended Investor Relations Agreement with CDMG
CA Market News
2月前
Homeland Reports First Tranche of Geochemical Results from the Winter Drill Program at the Coyote Basin Uranium ProjectApril 30, 2026 7:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") reports the first tranche of geochemical assay results from its recently completed Phase II exploration drilling program at the 100%-owned Coyote Basin Uranium Project (the "Project") (Figure 1).Geochemical assay results have been received for eight of the thirty-three drillholes (not including one lost hole) completed during the Phase II program: CB-RC-0025, CB-RC-0026, CB-RC-0027, CB-RC-0028, CB-RC-0029, CB-RC-0030, CB-RC-0031, and CB-RC-0032 (see Table 1 below). All eight holes are located in the northern portion of the Southern Drill Area (Figure 2). All analyzed samples from each drill hole returned uranium concentrations of less than or equal to 30 parts per million ("ppm") U. Samples were collected from drill cuttings obtained from within the zones of elevated radioactivity identified through downhole spectral gamma ray probing. These geochemical results are lower than initially anticipated based on radiometric response. Geochemical results from the remaining twenty-four holes have yet to be received, including those from all holes drilled in the Central Drill Area.Despite the lower-than-expected uranium concentrations, downhole probe data continues to demonstrate a laterally continuous horizon of elevated and locally anomalous radioactivity within the previously reported near-surface interval. This radiometric continuity, observed across multiple drill fences, suggests that the anomalous horizon remains laterally extensive and warrants further investigation. As part of its ongoing evaluation, the Company will undertake a review of the sample results and select samples will be submitted to a second independent laboratory to confirm the reported uranium concentrations.The Company is also evaluating the potential for uranium mineralization to occur in a manner that may not be accurately represented by the current drill hole spacing, including the possibility of localized variability in uranium distribution. Future exploration programs will consider this possibility in the design of follow-up drilling and sampling strategies. As part of the re-evaluation, Homeland will consider the merits of follow-up drilling to test deeper mineralized horizons situated below the currently drill defined horizon of anomalous radioactivity. These deeper horizons were identified in outcrop during both the Phase I program and historical exploration programs that remain underexplored. Homeland's Phase II program was unable to test these deeper horizons as originally planned due to unexpected limitations of the drill contractor's drill equipment and personnel. The radioactive horizons encountered during the Phase II program remain underexplored and only sporadically drill tested over a projected strike length of 10 km north of the Central Drill Area and are also believed to extend 7 km south and west of the Northern Drill Area where they have never been drill-tested.These targets represent an opportunity to further assess the broader mineralization potential of the Project. During this evaluation period, as Homeland is well capitalized, exploration efforts will shift to the nearby Cross Bones Property, where a recently purchased historical dataset has significantly advanced this project in terms of knowledge, saved significant future exploration costs and time, and is in the process of helping to refine future drill targeting. The Cross Bones Project contains the historical Cross Bones Uranium Deposit (formerly known as the Skull Creek Deposit).Further updates on the winter drill program at Coyote Basin will be provided as additional analytical results are received and interpreted.Quality Assurance/Quality ControlAll drillholes are radiometrically logged using a calibrated QL40 SGR Spectral Gamma Ray downhole probe, which collects continuous spectral gamma measurements along the length of the drillhole. Gamma values are collected and reported as Counts Per Second. The probe response is calibrated using coefficients derived from the probe's most recent factory calibration and through comparison of probe responses to geochemical assay data from previously sampled intervals.Spectral gamma tools measure natural radioactivity, and in situations where the uranium decay series is in equilibrium, such gamma readings can be converted into equivalent concentrations of uranium (known as "eU3O8"), thorium, and potassium. However, if the uranium decay series is not in equilibrium, conversion of spectral gamma into equivalent concentrations of uranium may not be accurate, a phenomenon known as uranium disequilibrium. Uranium disequilibrium has been documented to occur at the nearby former producing Maybelle Uranium Mine, located approximately 29 km (18 miles) northeast of the Coyote Basin Project (see Global Uranium & Enrichment's news release dated July 29, 2025 that can be found at https://wcsecure.weblink.com.au/pdf/GUE/02972557.pdf ).As a first step in determining the accuracy of QL40 SGR Spectral Gamma Ray downhole probe and determining whether uranium disequilibrium may occur at Coyote Basin, Homeland's geological team used a portable hand-held XRF (SciAps X-555 REE Analyzer) to test drill cuttings for the presence of uranium. Enough discrepancies have occurred when comparing the results of the Spectral Gamma Ray downhole probe and the XRF that additional geochemical and assay sampling will be required before uranium grades can be accurately determined.Homeland collected samples from 5 ft long intervals of the drill holes for geochemical analysis which were sent to SGS Laboratories in Lakefield, Ontario, in secure containment for preparation, processing and multi-element analysis by Sodium Peroxide Fusion and Inductively Coupled Plasma Optical Emission Spectrometry (Na2O2; ICP-OES). Samples were chosen for analysis based on downhole probing radiometric equivalent grades above 0.005 % eU3O8. SGS Lab is certified ISO 17043: General requirements for proficiency testing. Blanks, standard reference materials, and repeats are inserted into the sample stream at regular intervals by HLU and the SGS in accordance with each's respective quality assurance/quality control (QA/QC) procedures. Geochemical assay data are subject to verification procedures by qualified persons employed by HLU prior to disclosure.All depths and intervals reported are drilled depths and downhole lengths, unless otherwise stated. True thicknesses have not yet been determined.Table 1: Coyote Basin Drillhole LocationsDrillhole IDDipUTM
EastingUTM
NorthingElevation
(m)Elevation
(ft)Final Depth
(m)Final Depth
(ft)CB-RC-0024-90733289445429918356020249.9820.0CB-RC-0025-90733088445429918195968146.3480.0CB-RC-0025A-90733076445430518115942365.81200.0CB-RC-0026-90732892445430018245984213.4700.0CB-RC-0027-90732741445428218336014170.7560.0CB-RC-0028-90732493445429818115942164.6540.0CB-RC-0029-9073249244541021812594591.4300.0CB-RC-0030-90732690445409818205971109.73360.0CB-RC-0031-90732890445409918456053109.73360.0CB-RC-0032-90733094445410118225978132.59435.0*All coordinates were collected with a handheld Garmin GPS and displayed in UTM NAD83 Z12NAbout Homeland Uranium Corp.Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado. Qualified PersonNancy Normore., P.Geo., the Company's Vice President, Exploration, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release.Forward-Looking StatementsThis news release contains "forward-looking statements" within the meaning of applicable securities legislation. Such forward-looking statements in this news release relate to, among other things: the Company's expectation and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Projects. These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results; timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.Figure 1: 2025-2026 Coyote Basin Drill AreasTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/295102_dd8f40f1746808d9_002full.jpgFigure 2: Coyote Basin Southern Drill AreaTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/295102_dd8f40f1746808d9_003full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295102
Original: Homeland Reports First Tranche of Geochemical Results from the Winter Drill Program at the Coyote Basin Uranium Project
CA Market News
3月前
Homeland to Present at Kinvestor Mining & Energy 2026 Virtual Investor ConferenceMarch 24, 2026 4:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that Homeland President and CEO Roger Lemaitre is scheduled to present at the Kinvestor Mining & Energy 2026 Virtual Investor Conference (KME26) on Thursday, March 26, 2026 at 11:40AM PT / 2:40PM ET. More details below. Kinvestor Mining & Energy 2026 (KME26) brings together a carefully curated lineup of mining and energy companies at a pivotal moment for the sector. This one-day virtual event features a series of presentations from companies in the metals, minerals, and energy sectors. Attendees will hear directly from management teams as they outline key developments and near-term opportunities, followed by live Q&A sessions designed to foster open, candid dialogue.Presentation Details:Date: March 26, 2026
Presentation Time: 11:40AM PT / 2:40PM ET
Presenter: Roger Lemaitre, President & CEORegister now:
https://events.zoom.us/ev/AqZOiYwerf2Kv3TJez8vTvVNTyKMEmr_jp80f3UtIxI9XTeO0zBv~AkmdtrWVoWZtnV1D_4otYWubNl7RAMADGLfEEDe-cehqsTGgxN4mCA9sFmsXCsUfJ759BiM8DASA415fwSX_l37-5QAbout KinvestorKinvestor creates powerful opportunities for investors to connect with both established and up-and-coming public companies in the mining, technology, and energy sectors on a free to join virtual platform. Kinvestor is powered by Kin Communications Inc, a full-service investor relations agency with over 14 years of experience across multiple industries. Their goal is to foster long-term relationships with investors, thought leaders and the media through our virtual conferences and interview series The Kinvestor Report. For more information visit kinvestor.net. About Homeland Uranium Corp.Homeland Uranium Corp. is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado.For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.comNeither 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 news release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289677
Original: Homeland to Present at Kinvestor Mining & Energy 2026 Virtual Investor Conference
CA Market News
4月前
Homeland Acquires Historical Data for Cross Bones Uranium PropertyFebruary 26, 2026 4:00 AM
NewsfileThe Company will be attending PDAC, Issues Milestone Payment under Shift Amalgamation AgreementVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to update shareholders regarding recent and upcoming corporate activities.Homeland Acquires Cross Bones DatabaseThe Company has acquired an additional historical exploration dataset for the Cross Bones Property from private vendors at a cost of US$13,000. This historical exploration dataset includes 16 drill logs, drill core assays, surface sampling and radiometric surveys that were completed by BlueRock Resources Inc. ("Bluerock") during its 2006-2007 exploration program at what is now the Cross Bones Project. During that time, Bluerock held an option to acquire an interest in the project from Energy Metals Corporation in what was then known as the Skull Creek Project.Included in the data package is the location of dozens of historical drill holes completed on the Cross Bones Property in 1978 by Ashland Minerals. Homeland had already acquired the geological and wireline logs for many of these holes during a previous data purchase (see the Company's news release dated December 10, 2024).Roger Lemaitre, President and Chief Executive Officer of Homeland Uranium, stated, "This data acquisition is a key step in our process of evaluating and developing the Cross Bones Property and will help us move this project forward on a much quicker timeframe than we previously anticipated. Once consolidated with our existing data and the entire package re-interpreted, this data will likely save the Company considerable future exploration costs, as we anticipate much of the historical drilling will not have to be redone."The Company will be reviewing this new data, compiling it with the previously acquired data and will be undertaking a new interpretation of the Cross Bones Property over the next few months, with the objective of permitting, planning and executing a mapping, sampling and initial drilling program at the Cross Bones Property prior to the end of 2026.The Cross Bones Property is located in northwestern Colorado, near the communities of Rangely and Dinosaur, within the northeastern portion of the Colorado Plateau. The Colorado Plateau is a regionally significant uranium province that spans Utah, Colorado, Arizona, and New Mexico and hosts numerous sandstone-hosted uranium deposits.Homeland at the PDACThe Company is pleased to announce that it will be attending the 2026 Prospectors and Developers of Canada Convention from March 1st through March 4th in Toronto, Ontario. Homeland is excited for the opportunity to meet shareholders and investors at our booth (#2623) on the Investors Exchange during all four days of the Convention.Company Announces Milestone PaymentThe Company announces the issuance of 4,500,000 common shares (the "Milestone Payment Shares") of the Company and the cash payment of US$500,000 to former shareholders of Shift Rare Metals Inc. ("Shift") pursuant to the terms of the Amalgamation Agreement dated August 16, 2024, as amended, among the Company, Shift and 1496946 B.C. Ltd. (the "Amalgamation Agreement") entered into in connection with the Company's reverse-takeover transaction as previously announced February 25, 2025 and March 10, 2025.About Homeland Uranium Corp.Homeland Uranium Corp. is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado. Qualified PersonRoger Lemaitre, P.Eng., P.Geo., the Company's President and Chief Executive Officer, is a qualified person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical content of this news release. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com Cautionary Note Regarding Forward-Looking StatementsThis news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the anticipated benefits from the Cross Bones Property historical dataset, including the expectation that the dataset will assist the Company in moving the Cross Bones Property forward on a quicker timeframe and the belief that the dataset will save the Company on future exploration costs; the undertaking by the Company of a new interpretation of the Cross Bones Property; the Company's objective of permitting, planning and executing a mapping, sampling and initial drilling program at the Cross Bones Property prior to the end of 2026; and the Company's expectations and strategic plans in relation to the exploration of the Company's uranium mineral properties.These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.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 news release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285426
Original: Homeland Acquires Historical Data for Cross Bones Uranium Property
CA Market News
5月前
Homeland Completes Phase II Drilling at Coyote Basin Confirming Extensive Near-Surface RadioactivityFebruary 10, 2026 4:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") reports the completion of its Phase II exploration drilling program at the 100%-owned Coyote Basin Uranium Project (the "Project") (see Figure 1).The Company completed 33 drillholes totaling 5,423 metres (17,792 feet) of Reverse Circulation drilling, exceeding the originally planned 5,300 metres (17,388 feet). Phase II drilling was designed to further evaluate the near-surface mineralized trend that contains an inferred historical uranium and vanadium resource of 35.4 million pounds of U3O8 and 17.7 million pounds of V2O5 (private internal report, Western Mining Resources, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, Colorado, January 1980). Drilling intersected elevated and locally anomalous radioactivity in all completed Phase II drillholes.Roger Lemaitre, President and CEO of Homeland Uranium, stated, "The completion of our Phase II drilling program represents an important step forward in advancing the Coyote Basin Project. Drilling has consistently confirmed the presence of near-surface elevated radioactivity across a broad area. The continuity observed in both the central and southern portions of the Project provides confidence in the scale of the system and supports the geological interpretation developed to date. With drilling now complete, we look forward to receiving the geochemical results to further refine our understanding of the Project and guide future exploration."The Coyote Basin Project is located in northwestern Colorado, near the communities of Rangely and Meeker, within the northeastern portion of the Colorado Plateau (Figure 1). The Colorado Plateau is a regionally significant uranium province that spans Utah, Colorado, Arizona, and New Mexico and hosts numerous sandstone-hosted uranium deposits.Central Project Area: Elevated RadioactivityThree northeast-southwest-oriented drill sections were completed in the central portion of the Project, comprising ten drillholes (CB-RC-0046 to CB-RC-0055; see Figure 2). This drilling was designed to evaluate the area of the historical mineralization defined by Western Mining Resources ("WMR") and to follow up on a reported historical drill intercept containing 0.826% U3O8 in historical drillhole CB-101 (private internal report, Western Mining Resources, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, Colorado, January 1980).Downhole probe results from this area indicate a broadly laterally continuous, but locally variable near-surface interval of elevated to locally anomalous radioactivity extending from surface to depths of approximately 50 metres (164 feet) to 150 metres (492 feet) and covering an area approximately 800 metres (2,624 feet) by 400 metres (1,312 feet). This radioactivity is associated with similar rock types encountered within the Southern Project Area drilling that includes shales, claystones, and fine-grained sandstones. Locally anomalous values were typically on the order of 300 counts per second ("cps") or less, with the higher values occurring over narrow intervals on the scale of tens of centimetres.Southern Project Area: Lateral Continuity of Elevated RadioactivityDrilling in the southern portion of the Project area comprises 23 drillholes (see Figure 3) and was designed to evaluate the extent of historical uranium mineralization reported by previous operator WMR. Results from the Phase II Drilling Program has defined a laterally continuous horizon of elevated radioactivity extending over an area of approximately 1,000 metres (3,280 feet) east-west by 600 metres (1,968 feet) north-south, which remains open for expansion to the south and east (see the Company's news releases dated December 15, 2025, December 22, 2025, January 8, 2026, and January 22, 2026 available on the Company's website at https://www.homeland-uranium.com/news-releases or under its profile on SEDARplus.ca).Anomalous values encountered in the southern drill area typically range between approximately 400 and 600 cps, with one localized peak value of approximately 2,300 cps recorded over an interval of approximately 10 centimetres.Geochemical samples collected from the completed drillholes have been shipped to SGS Laboratories in Lakefield, Ontario, for analysis. Homeland will report geochemical and assay results once they have been received, compiled, and reviewed by the Company.Quality Assurance/Quality ControlAll drillholes are radiometrically logged using a calibrated QL40 SGR Spectral Gamma Ray downhole probe, which collects continuous spectral gamma measurements along the length of the drillhole. Gamma values are collected and reported as Counts Per Second. The probe response is calibrated using coefficients derived from the probe's most recent factory calibration and through comparison of probe responses to geochemical assay data from previously sampled intervals.Spectral gamma tools measure natural radioactivity, and in situations where the uranium decay series is in equilibrium, such gamma readings can be converted into equivalent concentrations of uranium, thorium, and potassium. However, if the uranium decay series is not in equilibrium, conversion of spectral gamma into equivalent concentrations of uranium may not be accurate, a phenomenon known as uranium disequilibrium. Uranium disequilibrium has been documented to occur at the nearby former producing Maybelle Uranium Mine, located approximately 29 km (18 miles) northeast of the Coyote Basin Project (see Global Uranium & Enrichment's news release dated July 29, 2025 which can be found at https://wcsecure.weblink.com.au/pdf/GUE/02972557.pdf),As a first step in determining the accuracy of QL40 SGR Spectral Gamma Ray downhole probe and determining whether uranium disequilibrium may occur at Coyote Basin, Homeland's geological team used a portable hand-held XRF (SciAps X-555 REE Analyzer) to test drill cuttings for the presence of uranium. Enough discrepancies have occurred when comparing the results of the Spectral Gamma Ray downhole probe and the XRF that additional geochemical and assay sampling will be required before uranium grades can be accurately determined.Homeland has collected samples from each 5 ft interval of the drill holes for geochemical analysis which will be sent to SGS Laboratories in Lakefield, Ontario. SGS Lab is certified ISO 17043: General requirements for proficiency testing. All SGS laboratories are required to participate in SGS's internal Proficiency Testing (PT) program: Laboratory Quality Systems International (LQSi) program, the largest PT program in the mining world. The SGS LQSi program currently involves over 100 laboratories on a regular basis, both SGS and non-SGS participants. SGS LQSi holds accreditation to the conformity assessment standard ISO 17043: General requirements for proficiency testing. All depths and intervals reported are drilled depths and downhole lengths, unless otherwise stated. True thicknesses have not yet been determined.About Homeland Uranium Corp.Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado. The Coyote Basin Project is reported by Energy Metals Corporation in its quarterly Management Discussion and Analysis dated September 30, 2006 filed with the Securities and Exchange Commission ("SEC") to contain an estimated historical resource of 8,850,000 tons grading 0.20% U3O8 and 0.10% V2O5 totaling 35.4 million pounds of U3O8 and 17.7 million pounds of V205 (see Energy Metal's SEC disclosure at https://www.sec.gov/Archives/edgar/data/1361605/000106299306003601/exhibit99-2.htm). This resource was calculated by the previous project operator, Western Mining Resources, based on a 1978-79 program of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes (private internal report, Western Mining, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, State of Colorado, January, 1980).The Company is not treating the Coyote Basin historical resource estimate as current mineral resources and the reader is cautioned not to rely on either of these estimates. A Qualified Person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) has not done sufficient work to classify the historical resources from the project as current mineral resources or mineral reserves nor can the Company or the Qualified Person comment on the quality or verify the data obtained from the assay sampling programs from the project that were used to determine these historical resource estimates, as such information was not included in the historical reports acquired by Homeland. The Company is not treating the historical resource estimate as current mineral resources or mineral reserves and the Company and the Qualified Person is unable to compare the historical resource estimate to the CIM's current resource classification system at this time. The Coyote Basin Project any future NI 43-101 mineral resource estimate will require considerable further evaluation which will include completion of the Phase I drilling program and may require addition drilling to follow-up Phase 1 results. Qualified PersonNancy Normore., P.Geo., the Company's Vice President, Exploration, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release. For further information, please contact:Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.comInvestor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com 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 news release. Figure 1 - Location of Homeland Uranium's Coyote Basin Project.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/283383_44b57bec546aabd5_002full.jpg Map references: 1: S.M. Hall, B.S. Van Gosen, R.A. Zielinski, 2023. Sandstone-hosted uranium deposits of the Colorado Plateau, USA. Ore Geology Reviews 155 (2023) 105353; 2: Finch, W. I., 1991, Maps showing the distribution of uranium-deposit clusters in the Colorado Plateau uranium province: U.S. Geological Survey Miscellaneous Field Studies Map MF-2080, 1 plate.Figure 2 - 2026 Completed drillholes during Part 1 of Phase 2 - Coyote Basin Project - Central AreaTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/283383_44b57bec546aabd5_003full.jpgFigure 3 - 2025 Completed drillholes during Part 1 of Phase 2 - Coyote Basin Project - Southern AreaTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/283383_44b57bec546aabd5_004full.jpgTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/283383
Original: Homeland Completes Phase II Drilling at Coyote Basin Confirming Extensive Near-Surface Radioactivity
Oleblue
9月前
Homeland Closes Skull Creek Project Acquisition
Newsfile
Fri, October 3, 2025 at 4:00 AM EDT
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that it has completed its previously announced transaction with Hightest Resources ("Hightest") to acquire the Skull Creek Uranium Project ("Skull Creek" or 'the Property") in Moffat and Rio Blanco Counties, Colorado. Skull Creek is located adjacent to the Company's Red Wash Project and is approximately 20 miles (33 km) west of Homeland's flagship Coyote Basin Uranium Project (see Figure 1). For more details about the Property and the transaction, please see the news release dated September 22, 2025 on the Homeland website at www.homeland-uranium.com or on the Company's profile on SEDARplus.ca).
The Skull Creek Property is comprised of 154 mining claims all located on federal Bureau of Land Management-administered lands and one single state exploration permit administered by the State of Colorado (the "SEP Lands").
"The addition of the Cross Bones Uranium Deposit on the Skull Creek Property is a tremendously exciting acquisition for Homeland. Strategically located in close proximity to our Coyote Basin Project in mining-friendly Colorado, we anticipate Skull Creek providing significant potential operational synergies with Coyote Basin and further strengthens our position in the district. With a dominant land package containing two considerable historical uranium deposits with outstanding expansion potential, Homeland is eager to start drilling at both Coyote and Skull Creek to systematically upgrade these deposits to modern standards and become a key part of the urgently needed resurgence of domestic uranium supply chain in the United States," stated Roger Lemaitre, President & CEO of Homeland.
As part of the transaction, Homeland paid Hightest US$300,000 cash and issued 750,000 common shares of Homeland to acquire a 100% interest in the Property. Hightest retains a 2% NSR royalty on all mineral production from the Property, with the exception of production from the SEP Lands where the royalty is reduced to 1.5%. The royalty can be reduced to 1% should Homeland issue an additional payment of US$1.5 million at any time before delivering to Hightest a notice of the intention to commence commercial production from a mineral deposit located wholly or partially within the Property.
Hightest will also receive potential contingency payments based upon the size of any uranium resource defined on the Property consistent with NI 43-101 standards in the future. Should a mineral resource equal to 10 million pounds U3O8 be defined, Homeland will pay to Hightest an additional U.S.$250,000 in cash and the equivalent of U.S.$250,000 in common shares of Homeland based on the 10-day VWAP immediately prior to the date that Homeland receives the technical report citing resources authored by an independent qualified person. Should the Mineral Resource be equal to or greater than 30 million pounds U3O8, Homeland will pay Hightest an aggregate of U.S.$500,000 in cash and the equivalent of U.S.$500,000 in common shares of Homeland (inclusive of any payments made and shares issued pursuant to previous sentence). If the Mineral Resource is between 10 million pounds and 30 million pounds U3O8 Homeland will pay to Hightest a cash payment and common shares payment determined on a pro rata basis ranging between the 10 million pounds U3O8 and 30 million pounds U3O8 thresholds as described above.
About Homeland Uranium Corp.
Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin, Skull Creek and Red Wash uranium projects within the northern portion of the Colorado Plateau in northwestern Colorado. The Colorado Plateau district has been a uranium-producing region of the United States for several decades.
Qualified Person
Roger Lemaitre. P.Eng., P.Geo., the Company's President and CEO, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release.
For further information, please contact:
Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com
Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the completion of the transaction, confirmation of the historical resource estimates, the Company's expectations and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Coyote Basin and Red Wash uranium projects in Colorado, and receipt of applicable regulatory approvals to complete the transaction as contemplated.
These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: the availability of funds; the ability to complete the transaction; receipt of applicable regulatory approvals conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; future demand for energy; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the availability of funds; the ability to complete the transaction as contemplated; receipt of applicable regulatory approvals; the timing and content of work programs; results of exploration activities and development of mineral properties; receipt of applicable regulatory approvals the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
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 news release.
Figure 1: Homeland Uranium's uranium holdings in the Northern Colorado Plateau
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/269005_2c34b49a2460bbef_002full.jpg
Figure 2: The location of the Skull Creek Property and the Cross Bones Uranium Deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/269005_2c34b49a2460bbef_003full.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269005
https://finance.yahoo.com/news/homeland-closes-skull-creek-project-080000941.html
Oleblue
9月前
Homeland Receives Permit to Commence Coyote Drill Program
Newsfile
September 24, 2025
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that its wholly-owned subsidiary, Shift Exploration Inc. ("Shift") has received the necessary approvals from both the US Bureau of Land Management (the "BLM") and the Colorado Division of Mine Reclamation and Safety (the "DMRS") to commence the Company's planned drilling program at the Coyote Basin Project, in Moffat and Rio Blanco Counties, in northwest Colorado.
Both the DMRS and BLM have approved the Notice of Intent Permit application that was submitted in early July (see Homeland News Release of July 9, 2025 at https://homeland-uranium.com/news-releases/2025/homeland-files-notice-of-intent-with-blm-to-conduct-drilling2025-07-09-050502 or at Sedarplus.ca).
The permit approves the drilling required to complete Part 1 of Phase 1 Exploration Plan at Coyote Basin. allowing for the drilling of approximately 35 reverse circulation holes totalling approximately 17,000 ft (5,300 m) that will be focussed on the key historical resource-bearing locations identified by previous operators and during the Company's June mapping and prospecting program. The entire Phase I exploration plan to evaluate the historical resource estimate at Coyote Basin consists of 50 to 70 holes totalling approximately 33,000 ft (10,000 m). Location of all Part 2 holes will be contingent on the results of Part 1 and will require a separate permit from the BLM and DMRS.
With receipt of this permit, the Company can now finalize the services contracts negotiated with the preferred drilling contractor and other service providers. It is anticipated that the Part 1 drilling program will commence around October 15th.
"The timely receipt of our exploration permit from the DMRS and BLM is a milestone that shareholders have been awaiting since the inception of Company in March. We are excited to be able to kick off our maiden drill program at Coyote Basin and commence the work of proving up the historical resource estimate reported by the previous project operators. The permitted Part 1 program will allow the Company to further refine target selection for the second half of the Phase 1 drilling program and initiate the first steps of the metallurgical evaluation process of Coyote Basin uranium mineralization, both of which are key Company objectives," stated Roger Lemaitre, President & CEO of Homeland.
About Homeland Uranium Corp.
Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Red Wash uranium projects in northwestern Colorado. Homeland is in the process of closing a transaction to acquire 100% of the Skull Creek uranium project located adjacent to the Red Wash uranium project as reported in the Company's news release dated September 22, 2025 available on the Homeland website at https://homeland-uranium.com/news-releases/2025/homeland-to-acquire-historical-uranium-resources-at-skull-cr2025-09-22-010502 or on the Company's profile on SEDARplus.ca.
The Coyote Basin Project is reported by Energy Metals Corporation in its quarterly Management Discussion and Analysis dated September 30, 2006 filed with the Securities and Exchange Commission ("SEC") to contain an estimated historical resource of 8,850,000 tons grading 0.20% U3O8 and 0.10% V2O5 totalling 35.4 million pounds of U3O8 and 17.7 million pounds of V205 (see Energy Metal's SEC disclosure at https://www.sec.gov/Archives/edgar/data/1361605/000106299306003601/exhibit99-2.htm). This resource was calculated by the previous project operator, Western Mining Resources, based on a 1978-79 program of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes (private internal report, Western Mining, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, State of Colorado, January, 1980).
The Company is not treating the Coyote Basin historical resource estimate as current mineral resources and the reader is cautioned not to rely on either of these estimates. A Qualified Person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) has not done sufficient work to classify the historical resources from the project as current mineral resources or mineral reserves nor can the Company or the Qualified Person comment on the quality or verify the data obtained from the assay sampling programs from the project that were used to determine these historical resource estimates, as such information was not included in the historical reports acquired by Homeland. The Company is not treating the historical resource estimate as current mineral resources or mineral reserves and the Company and the Qualified Person is unable to compare the historical resource estimate to the CIM's current resource classification system at this time. The Coyote Basin Project any future NI 43-101 mineral resource estimate will require considerable further evaluation which will include completion of the Phase I drilling program and may require addition drilling to follow-up Phase 1 results.
Qualified Person
Nancy Normore., P.Geo., the Company's Vice President, Exploration, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release.
For further information, please contact:
Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com
Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the completion of the transaction, confirmation of the historical resource estimates, the Company's expectations and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Coyote Basin and Red Wash uranium projects in Colorado, and receipt of applicable regulatory approvals to complete the transaction as contemplated.
These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: the availability of funds; the ability to complete the transaction; receipt of applicable regulatory approvals conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; future demand for energy; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the availability of funds; the ability to complete the transaction as contemplated; receipt of applicable regulatory approvals; the timing and content of work programs; results of exploration activities and development of mineral properties; receipt of applicable regulatory approvals the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
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 news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267728
https://finance.yahoo.com/news/homeland-receives-permit-commence-coyote-080000165.html
Oleblue
9月前
Homeland to Acquire Historical Uranium Resources at Skull Creek
Newsfile
September 22, 2025
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that it has entered into an agreement to acquire the Skull Creek Uranium Project ("Skull Creek" or 'the Property") in Moffat County, Colorado. Skull Creek is located adjacent to the Company's Red Wash Project and is approximately 20 miles (33 km) west of Homeland's flagship Coyote Basin Uranium Project (see Figure 1). The Property is being acquired from Hightest Resources ("Hightest"), a privately-owned Nevada-based private prospect generator. SCP Resource Finance acted as advisor to the Company on the transaction.
Highlights
Historical resource estimate reported for the property of 44.2 M lbs U3O8 at an average grade of 0.31% U3O8 (see cautionary note on historical estimates below).
Uranium mineralization has been observed at surface and extends at depth to as much as 800 ft vertical, according to down hole gamma probing data currently in the Company's possession.
The Property is 1,489 acres (3,6780 ha) in size and consists of 154 unpatented mining claims administered by the US Bureau of Land Management ("BLM") and one state of Colorado exploration lease.
The Property has potential synergies with the adjacent Red Wash project and the Company's nearby Coyote Basin Project.
The Company is renaming the mineralization the Cross Bones Deposit.
"We are thrilled to add a substantial historical uranium deposit to our portfolio, strategically located in close proximity to our existing assets in mining-friendly Colorado. This addition offers significant potential for operational synergies and further strengthens our position in the region. With this acquisition, our asset base will be anchored by a dominant land package with two considerable historical uranium deposits with outstanding expansion potential. We are eager to launch a major drill program aimed at systematically upgrading these historical resource estimates to modern standards, while continuing to demonstrate the scale and growth potential of our portfolio," stated Roger Lemaitre, President & CEO of Homeland.
A historical resource estimate was reported for Skull Creek in Energy Metal Corp's September 30, 2006 quarterly financial statements filed with the SEC and was contained within the same table in which the historical resource estimate was reported for the Coyote Basin Project. The historical resource was called the Skull Creek Deposit and was reported to be 44.2 million pounds of U3O8 at an average grade of 0.31% U3O8 (see Energy Metal's SEC disclosure at https://www.sec.gov/Archives/edgar/data/1361605/000106299306003601/exhibit99-2.htm).
The Company hereby is renaming the mineralization the Cross Bones Deposit, to avoid confusion with a nearby but off-property and older small uranium occurrence that was also named Skull Creek. Based upon the Company's review of historical claim maps, it is believed that the Cross Bones historical resource lies within the acquired Skull Creek mining claims or may possibly extend slightly onto some of the adjacent Red Wash claims that are currently owned by Homeland.
However, neither the Company nor the Qualified Person can confirm the exact location of the boundaries of the Cross Bones historical estimate, the quality of the historical resource and how it compares to current CIM and NI 43-101 requirements (as defined below), nor can the Qualified Person provide any opinion on all data verification processes used by the historical operators to determine this historical resource estimate, as that data is not in the possession of the vendor or the Company nor is in the public record.
The Company is not treating this historical resource estimate as current mineral resources and the reader is cautioned not to rely on it. A Qualified Person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) has not done sufficient work to classify the historical resource estimate as current mineral resources or mineral reserves nor can the Company or the Qualified Person comment on the quality or verify the data obtained from the assay sampling program used to determine the historical resource estimate, as this information was not included in the historical reports acquired by Homeland. The Company is not treating the historical resource estimate as current mineral resources or mineral reserves and the Company and the Qualified Person are unable to compare the historical resources to the CIM's current resource classification system at this time. The Skull Creek Project and any future NI 43-101 mineral resource estimate will require considerable further evaluation.
Uranium mineralization was first found on the Property in the 1950s. Data acquired by the Company shows that two companies, Anschutz Uranium Corp. and Ashland Minerals drilled the first drill holes into the Cross Bones area in 1977 and 1978. The Property was also abandoned in the early 1980's following the historic collapse of the uranium and nuclear industries.
The Property was staked in 2005 by Standard Uranium who was acquired by Energy Metals Corp. in 2006. Energy Metals expanded the claim holdings around the core part of the property and subsequently optioned the claims to Bluerock Resources Ltd. There are no records to indicate that Bluerock vested any interest in the Skull Creek Property. The mining claims comprising the Property were allowed to expire after Energy Metals was acquired by Uranium One in 2007. Hightest acquired the current Skull Creek Property by staking in December 2023 and February/March 2024.
The Company currently owns data from 53 historical Anschutz and Ashland holes drilled between 1977 and 1978 are all located in the Cross Bones area that include lithology and gamma probe information. However, the precise collar location of these holes is currently unknown. The data set indicates that anomalous radioactivity was intersected at depths as great as 800 ft from surface, although the vast majority of these historical holes only test the favorable stratigraphy above the 280 ft vertical depth from surface.
Private company reports and summaries from the Colorado Geological Survey (Nelson-Moore, et al, 1978) state that uranium mineralization is located within sandstones, carbonaceous siltstones and shales or thinly-bedded lignites within the Iles Sandstone (sometimes called the Sego Sandstone), a member sandwiched between the Cretaceous-aged Williams Fork and Mancos Shale Formations. The Williams Fork Formation immediately underlies the Paleocene-aged Fort Union Formation, host of the mineralized horizons at the Company's nearby Coyote Basin Project. The stratigraphy in the Skull Creek area dips to the south at 45-55 degrees and lies along the northern limb of the Red Wash Syncline.
All 154 claims comprising the Skull Creek Property are located on federal BLM lands. The single state exploration lease is administered by the State of Colorado (the "SEP Lands").
Pursuant to the Agreement, Homeland will pay Hightest US$300,000 cash and issue 750,000 common shares of Homeland to acquire a 100% interest in the Property. Hightest will retain a 2% NSR royalty on all mineral production from the Property with the exception of production from the SEP Lands where the royalty will be reduced to 1.5%. The royalty can be reduced to 1% should Homeland issue an additional payment of US$1.5 million at any time before delivering to Hightest a notice of the intention to commence commercial production from a mineral deposit located wholly or partially within the Property.
Hightest will also receive potential contingency payments based upon the size of any uranium resource defined on the Property consistent with NI 43-101 standards. Should a mineral resource equal to 10 million pounds U3O8 be defined, Homeland will pay to Hightest an additional U.S.$250,000 in cash and the equivalent of U.S.$250,000 in common shares of Homeland based on the 10-day VWAP immediately prior to the date that Homeland receives the technical report citing resources authored by an independent qualified person.
Should the Mineral Resource be equal to or greater than 30 million pounds U3O8, Homeland will pay Hightest an aggregate of U.S.$500,000 in cash and the equivalent of U.S.$500,000 in common shares of Homeland (inclusive of any payments made and shares issued pursuant to previous sentence). If the Mineral Resource is between 10 million pounds and 30 million pounds U3O8 Homeland will pay to Hightest a cash payment and common shares payment determined on a pro rata basis ranging between the 10 million pounds U3O8 and 30 million pounds U3O8 thresholds as described above.
The transaction including all payments, royalties and contingency payments are subject to regulatory and TSX Venture Exchange approval. Common shares issued in connection with the transaction will be subject to a statutory hold period of four months plus one (1) day from the date of issuance.
About Homeland Uranium Corp.
Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Red Wash uranium projects in northwestern Colorado.
The Coyote Basin Project is reported by Energy Metals Corporation in its Management Discussion and Analysis dated November 14, 2006 filed with the US Securities and Exchange Commission to contain an estimated historical resource of 8,850,000 tons grading 0.20% U3O8 and 0.10% V2O5 totalling 35.4 million pounds of U3O8 and 17.7 million pounds of V205. This resource was calculated by the previous project operator, Western Mining Resources, based on a 1978-79 program of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes.
The Company is not treating this historical resource as current mineral resources and the reader is cautioned not to rely on it. The reader is cautioned that a qualified person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) has not done sufficient work to classify the historical resource as current mineral resources or mineral reserves nor can the Company or the QP comment on the quality or verify the data obtained from the assay sampling program used to determine the historical resource estimate, as this information was not included in the historical reports acquired by Homeland. The Company is not treating the historical resource as current mineral resources or mineral reserves and the Company and the Qualified Person is unable to compare the historical resources to the CIM's current resource classification system at this time. The Coyote Basin Project and any future NI 43-101 mineral resource estimate will require considerable further evaluation.
Qualified Person
Roger Lemaitre. P.Eng., P.Geo., the Company's President and CEO, is a Qualified Person as defined in NI 43-101, and has reviewed and approved the technical content of this news release.
For further information, please contact:
Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com
Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the completion of the transaction, confirmation of the historical resource estimates, the Company's expectations and strategic plans in relation to the exploration of the Company's uranium mineral properties, including all phases of the exploration program at the Coyote Basin and Red Wash uranium projects in Colorado, and receipt of applicable regulatory approvals to complete the transaction as contemplated.
These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: the availability of funds; the ability to complete the transaction; receipt of applicable regulatory approvals conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; future demand for energy; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the availability of funds; the ability to complete the transaction as contemplated; receipt of applicable regulatory approvals; the timing and content of work programs; results of exploration activities and development of mineral properties; receipt of applicable regulatory approvals the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
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 news release.
Figure 1: Homeland Uranium's uranium holdings in the Northern Colorado Plateau
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/267340_b5fbc554246e9a1a_002full.jpg
Figure 2: The location of the Skull Creek Property and the Cross Bones Uranium Deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/267340_b5fbc554246e9a1a_003full.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267340
https://finance.yahoo.com/news/homeland-acquire-historical-uranium-resources-080000938.html
Oleblue
9月前
Homeland Appoints Brent Cook as Strategic Advisor
Newsfile
September 3, 2025
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce that it has appointed Brent Cook as a Strategic Advisor of the Company, effective September 1, 2025.
Brent Cook is the founder and senior advisor of Exploration Insights. As a seasoned geologist, Brent's knowledge spans all areas of the mining business, from the conceptual stage through to detailed technical and financial modeling related to mine development and production. He has worked in over 60 countries and in virtually all geological environments, analyzing and providing commentary on proposed mine sites.
Brent is an independent exploration analyst with over 30 years of experience in both property economics and geology evaluations. He received a BSc in Geology from Utah State University in 1978.
During his independent consulting service, he has provided advice and analysis to several funds and companies, including Global Resource Investments, Ltd; Rick Rule, General Partner Expo 1999, 2000 Funds; AMEC (MRDI); Mount Isa Mines; Kennecott Mining; Rio Tinto Mining; Barrick Gold (Homestake); Meridian Gold Corp/Yamana; Freeport McMoran (Cyprus-Amax); and Newmont Mining (Santa Fe).
From 1997 to 2002, Brent was senior mining analyst for Rick Rule at Global Resource Investments (now Sprott-Global) and General Partner Expo 1999, 2000 Funds. Early in his career, Mr. Cook was involved in uranium exploration throughout the Colorado Plateau and subsequently evaluated uranium projects in Canada, Australia and Africa.
Roger Lemaitre, President & CEO, stated, "I am thrilled that Mr. Cook has agreed to join Homeland as a Strategic Advisor. There are very few people in our industry that have such vast experience and impressive skills spanning both the technical and financial sectors. His welcome addition will make an already formidable Homeland team even stronger."
Homeland has awarded 200,000 Options to a newly appointed advisor of the Company. Each Option entitles the recipient to purchase one common share of the Company (each, a "Common Share") at an exercise price per Common Shares of $0.43 for a period of five years from the Grant Date expiring on September 1, 2030. One quarter of the Options awarded vested immediately on the Grant Date, with the remaining Options vesting as to one quarter on each of the first, second and third anniversaries of the Grant Date.
About Homeland Uranium Corp.
Homeland is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Red Wash uranium projects in northwestern Colorado.
For further information, please contact:
Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com
Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com
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 news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264889
https://finance.yahoo.com/news/homeland-appoints-brent-cook-strategic-120000113.html
Oleblue
9月前
Homeland's Phase I Program Confirms 14 km of Uranium Strike Potential at the Coyote Basin Project, Colorado, United States
Newsfile Corp.
August 18, 2025
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to report the initial results from the 2025 Phase I bedrock mapping program for the Coyote Basin and Red Wash Uranium Projects in Moffat and Rio Blanco Counties in northwestern Colorado.
Highlights
Confirmed both the presence and location of four variably radioactive stratigraphic horizons.
Anomalous radioactivity persists within thin beds along intermittent outcrop exposures of mapped horizons along strike for approximately 14 km.
Final preparations underway for Phase 2 drilling program anticipated to commence in late Q3 early Q4.
Coyote Basin Project
The Phase I program has confirmed both the presence and location of the four variably radioactive stratigraphic horizons previously identified in the late 1970s during the historical exploration work completed by Western Mining, a previous operator of the project1 (see Figure 1). The Company's mapping focused on areas identified proximal to previous drilling and showed elevated radioactivity up to nearly eight times background levels (up to 400 cps2). The highest radioactivity detected by the Company was found within Horizon 2. The Phase I program confirmed that anomalous radioactivity persists within beds along intermittent outcrop exposures of mapped horizons along strike for approximately 14 km. The four horizons are all members of the Fort Union Formation.
"Homeland is excited that the mapping results confirm the presence and location of anomalous radioactivity along the same outcrop locations as those found by Western Mining in the 1970s. Even more exciting, the location of the anomalously radioactive horizons mapped by the Company appear to be consistent with the horizon locations indicated in Western Mining's exploration reports included in the property dataset acquired last year," stated Roger Lemaitre, President & CEO of Homeland Uranium. "We eagerly await federal and state approval of our Notice of Intent permit application currently being reviewed by the regulators and then ultimately the commencement of the Phase II drilling program this fall."
The highest radioactivity detected in outcrop was 400 cps occurring in the area of historical drill hole CB-106, located at the south end of the mapped extent of Horizon 1. The southern and western extent of the four horizons was not mapped by the Company any significant distance to the south beyond the location of this anomalous sample. Homeland considers the area to the south of this outcrop to be prospective to hosting additional strike extensions of the four horizons. Elevated radioactivity was also found along the northern end of Horizon 2, which also remains open for further strike extension to the north.
The highest zone of radioactivity occurs in the Open Gulch area within Horizons 1 and 2 (Figure 2) in the vicinity of Western Mining's historical drilling. As part of the upcoming Phase II exploration program Homeland will drill test the Open Gulch area, which Western Mining reported to host the bulk of the historical uranium resource present on the Coyote Basin Project (see the "About Homeland Uranium Corp." section below). The objective of the Phase II program will be to confirm the presence of uranium mineralization in the subsurface, determine the location of higher-grade zones within the known historical mineralized horizons and to commence the process of determining the Project's uranium and vanadium resources in compliance with National Instrument 43-101.
A total of 89 rock samples have been collected within the Coyote Basin Property and sent to the Saskatchewan Research Council Geoanalytical Laboratories ("SRC") in Saskatoon, Saskatchewan for analysis. Geochemical results for all 89 samples are pending.
Red Wash Project
Mapping and prospecting activities at Red Wash was restricted to the western section of the property. Prospecting confirmed the presence of a continuous weakly radioactive horizon ranging up to two-times background, up to 109 cps (see Figure 3). A total of 5 rock samples were collected and sent to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan for analysis. Geochemical results of these samples are still pending at this time.
The Company anticipates that an additional follow-up mapping and prospecting program in the summer of 2026 will be required at Red Wash in order to identify potential future drill targets.
Radiometric and Geochemical Sampling Procedures
Radioactivity at surface and in outcrop was detected using a CT007-M microR Meter scintillometer, which was calibrated by Gamma Guard through Environmental Instruments Canada Inc.
All rock samples were delivered to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan for preparation, processing, and multi-element analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl). The SRC is an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory.
About Homeland Uranium Corp.
Homeland is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Red Wash uranium projects in northwestern Colorado.
The Coyote Basin Project is reported by Energy Metals Corporation in its Management Discussion and Analysis dated November 14, 2006 filed with the US Securities and Exchange Commission to contain an estimated historical resource of 8,850,000 tons grading 0.20% U3O8 and 0.10% V2O5 totaling 35.4 million pounds of U3O8 and 17.7 million pounds of V205. This resource was calculated by the previous project operator, Western Mining Resources, based on a 1978-79 program of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes.
The Company is not treating this historical resource as current mineral resources and the reader is cautioned not to rely on it. The reader is cautioned that a qualified person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) has not done sufficient work to classify the historical resource as current mineral resources or mineral reserves nor can the Company or the QP comment on the quality or verify the data obtained from the assay sampling program used to determine the historical resource estimate, as this information was not included in the historical reports acquired by Homeland. The Company is not treating the historical resource as current mineral resources or mineral reserves and the Company and the Qualified Person is unable to compare the historical resources to the CIM's current resource classification system at this time. The Coyote Basin Project and any future NI 43-101 mineral resource estimate will require considerable further evaluation.
Qualified Person
Nancy Normore., P.Geo., the Company's Vice President, Exploration, is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical content of this news release.
For further information, please contact:
Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com
Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's expectations and strategic plans in relation to the exploration of the Company's uranium mineral properties, including the all phases of the exploration program at the Coyote Basin and Red Wash uranium projects in Colorado.
These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; future demand for energy; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labor and no labor related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the captions "Risks Factors" and "Risks and Uncertainties" in the Company's disclosure materials filed on SEDAR+ at www.sedarplus.ca.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Figure 1: Coyote Basin mapped horizons with rock sample location and associated CPS.
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Figure 2: Coyote Basin Open Gulch Zones 1 & 2 mapped horizons with rock sample location and associated CPS.
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Figure 3: Red Wash property with rock sample location and associated CPS. Historical assay from Nelson-Moore, 19784. Neither the Company or the Qualified Person are able comment on the validity or quality control/quality assurance procedures used by the historical operators regarding the anomalous sample which was reported in the Nelson-Moore, 1978 as they were not disclosed in that report.
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Notes:
1 From W.M.R. internal report, Executive Summary, Coyote Basin Uranium District, Moffat and Rio Blanco Counties, State of Colorado, 1980.
2 Measured using a CT007-M microR Meter.
3 Open-File Report 81-586, https://doi.org/10.3133/ofr81586.
4 Nelson-Moore, J.L., Bishop Collins, D., and Hornbaker, A.L., 1978, Radioactive mineral occurrences of Colorado and bibliography: Colorado Geological Survey Bulletin 40, 1054 p., 12 plates.
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