Homeland Receives Permit to Commence Coyote Drill Program
Homeland Uranium Corp. (OTCQB: HLUCF) has secured crucial permits from the US Bureau of Land Management and Colorado Division of Mine Reclamation and Safety to begin its drilling program at the Coyote Basin Project in northwest Colorado.
The approved Part 1 of Phase 1 Exploration Plan includes 35 reverse circulation holes totaling 17,000 ft (5,300 m). The complete Phase I plan encompasses 50-70 holes totaling 33,000 ft (10,000 m). Drilling is expected to commence around October 15th, 2025, focusing on historical resource-bearing locations identified by previous operators and the Company's June mapping program.
Part 2 drilling locations will be determined based on Part 1 results and will require separate regulatory approvals.
Homeland Uranium Corp. (OTCQB: HLUCF) ha ottenuto permessi cruciali dall'U.S. Bureau of Land Management e dalla Colorado Division of Mine Reclamation and Safety per avviare il programma di trivellazione nel Coyote Basin Project nell'angolo nord-ovest del Colorado.
L'approvazione della Parte 1 della Fase 1 del Piano di Esplorazione include 35 pozzi a circolazione inversa per un totale di 17.000 piedi (5.300 m). Il piano completo della Fase I comprende 50-70 pozzi per un totale di 33.000 piedi (10.000 m). Le trivellazioni dovrebbero iniziare intorno al 15 ottobre 2025, concentrandosi su posizioni storicamente ricche di risorse identificate dai precedenti operatori e dal programma di mappatura dell'azienda di giugno.
Le posizioni di trivellazione della Parte 2 saranno determinate in base ai risultati della Parte 1 e richiederanno ulteriori approvazioni regolatorie.
Homeland Uranium Corp. (OTCQB: HLUCF) ha obtenido permisos cruciales de la US Bureau of Land Management y de la Colorado Division of Mine Reclamation and Safety para iniciar su programa de perforación en el Proyecto Coyote Basin en el noroeste de Colorado.
La Parte 1 aprobada de la Fase 1 del Plan de Exploración incluye 35 perforaciones de barrena de circulación inversa con un total de 17.000 ft (5.300 m). El plan completo de la Fase I abarca 50-70 perforaciones con un total de 33.000 ft (10.000 m). Las perforaciones deberían comenzar alrededor del 15 de octubre de 2025, centrándose en ubicaciones históricamente ricas en recursos identificadas por operadores anteriores y por el programa de mapeo de la empresa de junio.
Las ubicaciones de perforación de la Parte 2 se determinarán en función de los resultados de la Parte 1 y requerirán aprobaciones regulatorias por separado.
Homeland Uranium Corp. (OTCQB: HLUCF)는 북서부 콜로라도州의 Coyote Basin Project에서 시추를 시작하기 위한 중요한 허가를 미국 토지관리청(Bureau of Land Management) 및 콜로라도 광산 복구 및 안전부(Colorado Division of Mine Reclamation and Safety)로부터 확보했습니다.
1단계 1차 탐사 계획의 승인된 Part 1은 역순환 굴착 35개로 총 길이 17,000피트(5,300m)를 포함합니다. Phase I의 전체 계획은 50-70개 굴착으로 총 33,000피트(10,000m)를 포함합니다. 시추는 2025년 10월 15일경에 시작될 예정이며, 이전 운영자들이 확인한 과거 자원 보유 위치와 회사의 6월 매핑 프로그램에 초점을 둘 것입니다.
파트 2의 시추 위치는 Part 1의 결과를 바탕으로 결정되며 별도의 규제 승인이 필요합니다.
Homeland Uranium Corp. (OTCQB : HLUCF) a obtenu des permis cruciaux de l'US Bureau of Land Management et du Colorado Division of Mine Reclamation and Safety pour commencer son programme de forage dans le projet Coyote Basin dans le nord-ouest du Colorado.
La Partie 1 approuvée du Plan d'Exploration de la Phase 1 comprend 35 forages à circulation inversée pour un total de 17 000 pieds (5 300 m). Le plan complet de la Phase I comprend 50 à 70 forages pour un total de 33 000 pieds (10 000 m). Les forages devraient commencer vers le 15 octobre 2025, en se concentrant sur des emplacements historiques riches en ressources identifiés par les opérateurs précédents et le programme de cartographie de l'entreprise de juin.
Les emplacements de forage de la Partie 2 seront déterminés sur la base des résultats de la Partie 1 et nécessiteront des approbations réglementaires distinctes.
Homeland Uranium Corp. (OTCQB: HLUCF) hat von der US-Bureau of Land Management und der Colorado Division of Mine Reclamation and Safety wesentliche Genehmigungen erhalten, um sein Bohrprogramm am Coyote Basin Project im Nordwesten von Colorado zu beginnen.
Der genehmigte Part 1 des Phase-1-Erkundungsplans umfasst 35 Bohrungen mit Umkehrzirkulation (RC) insgesamt 17.000 Fuß (5.300 m). Der vollständige Phase-I-Plan umfasst 50-70 Bohrungen insgesamt 33.000 Fuß (10.000 m). Die Bohrungen sollen voraussichtlich um den 15. Oktober 2025 beginnen und sich auf historisch ressourcenreiche Standorte konzentrieren, die von früheren Betreibern identifiziert wurden, sowie auf das Kartierungsprogramm des Unternehmens im Juni.
Die Bohrstandorte von Teil 2 werden basierend auf den Ergebnissen von Teil 1 festgelegt und erfordern separate behördliche Genehmigungen.
Homeland Uranium Corp. (OTCQB: HLUCF) قد حصلت على تصاريح حاسمة من مكتب إدارة الأراضي الأميركي (Bureau of Land Management) ومن قسم استصلاح وتقييم المناجم في كولورادو للبدء في برنامج الحفر الخاص بها في مشروع Coyote Basin في شمال غرب كولورادو.
يشمل الجزء الأول المعتمد من الخطة الاستكشافية للمرحلة 1 35 بئراً بالحفر العكسي بإجمالي 17,000 قدم (5,300 م). الخطة الكلية للمرحلة I تشمل 50-70 بئراً بإجمالي 33,000 قدم (10,000 م). من المتوقع أن تبدأ الحفريات نحو 15 أكتوبر 2025، مع تركيز على المواقع التاريخية الغنية بالموارد التي حددها المشغلون السابقون وبرنامج المسح الخاص بالشركة في يونيو.
سيتم تحديد مواقع حفر الجزء 2 بناءً على نتائج الجزء 1 وستتطلب موافقات تنظيمية منفصلة.
Homeland Uranium Corp.（OTCQB：HLUCF） 已从美国土地管理局（US Bureau of Land Management）和科罗拉多州矿业整治与安全部获得关键许可，可以在科罗拉多州西北部的 Coyote Basin Project 启动钻探计划。
经批准的阶段1探勘计划第一部分包括 35口反循环钻孔，总长17,000英尺（5,300米）。阶段I的完整计划包含 50-70口钻孔，总长33,000英尺（10,000米）。预计钻探将于 2025年10月15日左右 开始，重点在先前运营商确定的历史资源地点以及公司6月的勘测计划。
第2部分的钻探位置将基于第一部分的结果来确定，并将需要单独的监管批准。
- None.
- Part 2 of drilling program requires additional permits
- Historical resource estimates still need validation through new drilling
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
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
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
FAQ
What permits did Homeland Uranium (HLUCF) receive for the Coyote Basin Project?
How many drill holes are planned for Homeland's Coyote Basin Project Phase 1?
When will Homeland Uranium begin drilling at Coyote Basin?
Where is Homeland Uranium's Coyote Basin Project located?
What is the purpose of Homeland's Coyote Basin drilling program?
