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Homeland Reports up to 1,820 ppm U from Surface Sampling at Cross Bones, Confirming Uranium Mineralization Across Multiple Targets

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Homeland Uranium (TSXV: HLU, OTCQB: HLUCF) reported May 2026 surface sampling results from its 100%-owned Cross Bones Uranium Project in Colorado, with rock samples grading up to 1,820 ppm U (2,146 ppm U3O8 equivalent) and vanadium up to 1,640 ppm V in the Blue Flame Area.

The program confirmed uranium and vanadium mineralization at surface across multiple targets, including the Cross Bones Uranium Deposit and the newly discovered East Ridge Showing, where anomalous values of 106–231 ppm U were sampled over ~500 m of strike. Reconnaissance at Cross Bones West returned 3.4–13.6 ppm U. Homeland has integrated these data with its historical database and an existing drill permit to finalize targets for an inaugural drill program at Cross Bones planned for fall 2026. Separately, results from 25 remaining holes of the 2025–2026 Coyote Basin reverse circulation campaign showed uranium mostly ≤30 ppm U, with one 1.52 m interval at 67 ppm U.

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Positive

  • Surface sample up to 1,820 ppm U (2,146 ppm U3O8 eq) at Blue Flame Area
  • Vanadium up to 1,640 ppm V in sandstone, consistent with Colorado Plateau sandstone-hosted systems
  • New East Ridge Showing with 106–231 ppm U over ~500 m of strike
  • Inaugural Cross Bones drill program planned for fall 2026 with targets refined using historical data and new mapping
  • 100% ownership of both Cross Bones and Coyote Basin uranium projects in northwestern Colorado

Negative

  • Coyote Basin RCD campaign mostly ≤30 ppm U, with only one 1.52 m interval at 67 ppm U
  • Cross Bones West reconnaissance returned low uranium grades of 3.4–13.6 ppm U
  • Grab samples are selective and may not represent broader mineralization, as noted by the company
  • True thicknesses of drill intervals at Coyote Basin have not yet been determined

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - July 30, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to report geochemical uranium results of up to 1,820 ppm U (2,146 ppm U3O8 equivalent) from its May 2026 mapping and rock sampling program at the 100%-owned Cross Bones Uranium Project in northwestern Colorado (see Figure 1).

Samples also returned elevated vanadium values of up to 1,640 ppm V. Sandstone-hosted uranium deposits throughout the Colorado Plateau commonly contain significant vanadium mineralization, making the presence of vanadium an encouraging indicator of the mineralizing system.

The results confirm surface uranium mineralization across multiple target areas, including the Cross Bones Uranium Deposit (Blue Flame Area) and the newly discovered East Ridge Showing, further strengthening drill targets ahead of Homeland's inaugural drill program planned for this fall.

"These results represent another important step in advancing the Cross Bones Project toward drilling," said Roger Lemaitre, President and CEO of Homeland. "We've now confirmed uranium mineralization at surface across multiple target areas, including the Cross Bones Deposit and the newly discovered East Ridge Showing. When combined with our historical database and recently issued drill permit, we believe we have a strong technical foundation for our inaugural drill program this fall. We're particularly encouraged by the emerging potential at East Ridge, where early surface results suggest there may be additional opportunities beyond the known deposit."

Cross Bones Uranium Deposit (Blue Flame Area)

Thirty-nine rock samples were collected in the Blue Flame Area where the Cross Bones Uranium Deposit is exposed at surface (see Figures 2 and 3).

The highest-grade sample returned 1,820 ppm U (2,146 ppm U3O8 equivalent) from a sandstone outcrop located approximately 650 m east and along strike of the outcropping Cross Bones Uranium Deposit (see Table 1 and Figure 2).

Several samples also returned elevated vanadium values ranging up to 1,640 ppm V (see Table 1 and Figure 2) consistent with many sandstone-hosted uranium deposits in the Colorado Plateau that commonly contain significant concentrations of vanadium.

Uranium and vanadium mineralization was observed within sandstone, coal, and shale, with several uranium-bearing samples spatially associated with mapped fault structures.

East Ridge Showing

The Company's newly discovered East Ridge Showing, located approximately 5 km east-southeast of the Cross Bones Area, returned anomalous uranium values ranging from 106 – 231 ppm U (see Figures 4 and 5 and Table 1) from surface outcrop sampling.

The East Ridge samples were collected from radioactive sandstone and coal outcrops occurring intermittently over approximately 500 metres of strike length within the Sego Sandstone Formation.

While additional geological mapping and sampling are planned to better define the target before drilling, the results confirm the presence of both uranium and vanadium mineralization and demonstrate the potential for additional mineralized zones beyond the known Cross Bones Deposit.

Cross Bones West

Reconnaissance sampling was also completed in the far western portion of the property to evaluate favorable stratigraphy and structure features identified during field mapping (Figure 6).

Eleven outcrop samples returned uranium values ranging from 3.4 to 13.6 ppm U and vanadium values ranging from 51 to 123 ppm V (see Table 1).

Preparing for the Maiden Drill Program

The results from Homeland's mapping program have now been integrated with the Company's recently acquired historical exploration database to finalize drill targeting.

The upcoming drill program is designed to:

  • Twin selected historical drill holes to validate historical results;
  • Confirm continuity of mineralization within select portions of the Cross Bones Uranium Deposit; and
  • Determine the geological controls on uranium mineralization to support future expansion and delineation drilling.

Additional geological mapping and sampling programs are also being planned to further evaluate the East Ridge Showing and other prospective targets identified during the May 2026 exploration program.

Coyote Basin Winter Drilling Results

Homeland has also received analytical results from the final 25 holes of the 33 holes completed during the 2025-2026 reverse circulation drill ("RCD") campaign completed at the Coyote Basin Uranium Project (see Table 2).

The holes were drilled within both the Central and Southern Drill Areas. All analyzed samples, with one exception, returned uranium concentrations of 30 ppm U or less.

Hole CB-RC-0042 intersected 1.52 m (5 ft) of 67 ppm U from 44.2 m to 45.72 m (145 ft to 150 ft). Samples were collected from drill cuttings obtained from within the zones of elevated radioactivity identified through downhole spectral gamma ray probing.

As part of Homeland's quality assurance and quality control ("QA/QC") program, selected samples will be submitted to the Saskatchewan Research Council (SRC) for independent verification of the SGS Laboratories analytical results.

The Company will continue reviewing the results of the drill program and may consider additional exploration at Coyote Basin should further work indicate uranium mineralization is not adequately represented by the current drill spacing or that reverse circulation drilling affected sample recovery.

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/QC

Rock samples for the Cross Bones Property 2026 mapping program 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. Sample selection was based on counts per second (cps) readings from either (or both) a calibrated CT007-M instrument ("CT-007") or a portable gamma-ray spectrometer PGIS-2 ("PGIS"). Samples were placed in sealed bags and transported under chain of custody procedures to Paragon Geochemical Laboratories in Sparks, Nevada for preparation and analysis. Analytical work included 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.

During the Coyote Basin 2025-2026 drill program, reverse circulation chip samples were taken at 5 ft long intervals for geochemical analysis and were sent to SGS Laboratories in Lakefield, Ontario. Samples were shipped 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.

All depths and intervals reported are drilled depths and downhole lengths, unless otherwise stated. True thicknesses have not yet been determined.

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

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 Statements

This news release contains "forward-looking statements" within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, statements regarding the Company's exploration strategy, interpretation of geological and analytical results, planned drilling and exploration activities at the Cross Bones Project, planned follow-up mapping and sampling programs, the submission of selected Coyote Basin samples for independent QA/QC verification, and the timing, scope and objectives of future exploration programs.

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 and reliability of analytical results; geological interpretations derived from mapping, sampling, radiometric surveys and future drilling; timing and amount of capital expenditures; timely 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; and general market and industry conditions.

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.

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Figure 1: Cross Bones Property and Mapping Areas with the recently discovered East Ridge Showing and the Cross Bones Uranium Deposit Location.

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Figure 2: Sample results (ppm U/V) underlain by the PGIS Ground Radiometric Survey results (cps) for the Blue Flame Area (east) in the area of the outcropping Cross Bones Uranium Deposit.

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Figure 3: Sample results (ppm U/V) underlain by the PGIS Ground Radiometric Survey results (cps) for the Blue Flame Area (west).

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Figure 4: Sample results (ppm U/V) underlain by the PGIS Ground Radiometric Survey results (cps) for the recently discovered East Ridge Showing.

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Figure 5: Sample results (ppm U/V) underlain by the PGIS Ground Radiometric Survey results (cps) for the eastern mapping area of the Cross Bones Property.

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Figure 6: Sample results (ppm U/V) underlain by the PGIS Ground Radiometric Survey results (cps) for the western mapping area of the Cross Bones Property.

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Table 1: Results for the Spring 2026 Cross Bones Mapping Program. Samples returning above 80 cps (CT-007) were sent for Geochemical Analysis.

Sample #UTM EUTM NElev mElev ftLithCPS
Out-crop
t
CPS
Sample
u
InstrumentAreavU ppmV ppm
1673449445466617675797Coal Shale13080CT007XBW9.37101
2675536445264918115942Coal Shale13080CT007XBW7.75123
3675583445393317965892Coal Shale14080CT007XBW3.471
4675905445374618035915Coal Shale120600CT007XBW5.9774
5677473445369017495738Sandstone12080CT007XBW5.1586
6678085445321117555758Mudstone9285CT007XBW3.5769
7678285445331917375699Coal Shale11087CT007XBW5.497
8678518445379317465728Mudstone11585CT007XBW4.3251
9678520445378317465728Coal Shale140100CT007XBW3.9497
10678915445402017385702Coal Shale13086CT007XBW13.669
11679069445352017565761Coal Shale11085CT007XBW4.7877
12689381445683917455725Sand/
Carbonaceous
Material

500CT007BFW26.360
13689565445678917295673Coal155
CT007BFW11.4193
14689918445654817315679Shale1050
CT007BFW21.696
15690007445648917195640Coal Shale10080CT007BFW3.4161
16690354445639317085604Coal Shale1020250CT007BFW110157
17690445445644117115614Coal Shale11090CT007BFW7.9156
18690446445644217135620Fault
Sandstone
11085CT007BFW2.9971
19690671445640217155627Coal126115CT007BFE14.517
20690795445639217355692Sandstone119120CT007BFE42.926
21690795445628517285669Sandstone907
PGIS_02BFE22.445
22690800445639817325682Coal1200250CT007BFE35650
23690800445639917365696Sandstone274135CT007BFE21.525
24690801445627917245656Sandstone400150CT007BFE4.43114
25690802445627917235653Coal4000250CT007BFE294622
26690804445628017265663Sandstone3000400CT007BFE1791640
27690813445627817245656Sandstone575
PGIS_02BFE19.9123
28690815445638417355692Sandstone150111CT007BFE13.735
29690838445632117175633Sandstone11584CT007BFE9.4646
30690874445628917205643Sandstone350140CT007BFE45.324
31690977445633017285669Sandstone
2200PGIS_02BFE30778
32690981445633217145623Shale385195CT007BFE12.8111
33691046445627617165630Sandstone150100
BFE18.217
34691060445618917125617Sandstone2000350CT007BFE12025
35691062445619017015581Fault in
Sandstone
1700200CT007BFE1658
36691078445628817135620Sandstone350150CT007BFE11.439
37691090445629117265663Shale567
CT007BFE62.8270
38691092445629017295673Sandstone500177CT007BFE31.8293
39691096445629317305676Sandstone140150CT007BFE4.0655
40691108445614317125617Sandstone393
PGIS_02BFE2.1233
41691145445615817175633Sandstone1400
PGIS_02BFE8.2241
42691197445641817295673Sandstone120105CT007BFE11.635
43691289445610217275666Coal179103CT007BFE29746
44691372445617317375699Sandstone298208CT007BFE1516
45691372445617217505741Sandstone155100CT007BFE6.5617
46691373445617617595771Sandstone350260CT007BFE18.529
47691373445617717495738Coal470250CT007BFE65.644
48691374445617717575764Sandstone
2200CT007BFE182024
49691477445631417465728Siltstone650150CT007BFE44.658
50691477445631417465728Sandstone900100CT007BFE16.9164
51695297445540816735489Sandstone1280
CT007ERS10641
52695321445540416835522Sandstone1500200CT007ERS6.123
53695322445540616825518Coal1800
CT007ERS23175
54695387445539916785505Sandstone450104CT007ERS6.0812
55695733445536616875535Sandstone2300250CT007ERS115257
56695737445536516825518Sandstone2300300CT007ERS11182
57695785445535216755495Sandstone3400900CT007ERS166237
58700450445456517445722Coal Shale120

XBE6.7492
*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
v XBW – Cross Bones property, West; BFW – Blue Flame area, West; BFE – Blue Flame area, East ; ERS – East Ridge Showing; XBE – Cross Bones property, East. 

 

Table 2: Drill Locations for the 2025-2026 Coyote Basin Drill Program.

Hole IDDipAzimuthDepth mDepth ftUTM EUTM NElev mElev ft
CB-RC-0023-900341.381120445433273345318446050
CB-RC-0024-900249.948204454299733288.718356020
CB-RC-0025-900146.3480445429973308818195968
CB-RC-0025A-900365.761200445430573307618115942
CB-RC-0026-900213.36700445430073289218245984
CB-RC-0027-900170.69560445430173276118245984
CB-RC-0028-900164.59540445429873249318115942
CB-RC-0029-90091.44300445410273249218125945
CB-RC-0030-900109.73360445409873269018205971
CB-RC-0031-900109.73360445409973289018456053
CB-RC-0032-900132.59435445410173309418225978
CB-RC-0033-900161.54530445409773329318356020
CB-RC-0034-900193.55635445412673346218566089
CB-RC-0035-900193.55635445388773341318596099
CB-RC-0036-900128.02420445390373329118476060
CB-RC-0037-900114.3375445390173308818406037
CB-RC-0038-900102.11335445390173288918396033
CB-RC-0039-900106.68350445390273268918115942
CB-RC-0040-900100.58330445390573248418095935
CB-RC-0041-900100.58330445369973249118115942
CB-RC-0042-900109.73360445370673270018175961
CB-RC-0043-900121.92400445370273289018356020
CB-RC-0044-900131.06430445369973309018396033
CB-RC-0045-900121.92400445370273329418536079
CB-RC-0046-900137.16450445590273191817865860
CB-RC-0047-900129.54425445602373208518205971
CB-RC-0048-900249.94820445636173258517365696
CB-RC-0049-900228.6750445624573240818296001
CB-RC-0050-900167.64550445618773224118316007
CB-RC-0051-900181.36595445641173230618005906
CB-RC-0052-900152.4500445631873215618376027
CB-RC-0053-900109.73360445617573199917835850
CB-RC-0054-90086.87285445585273219517945886
CB-RC-0055-900202.69665445618373270918416040

 

*All UTMs are in NAD83 Zone 12N.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307251

FAQ

What uranium grades did Homeland Uranium (OTCQB: HLUCF) report at Cross Bones on July 30, 2026?

Homeland Uranium reported surface rock samples up to 1,820 ppm U, equivalent to 2,146 ppm U3O8. According to Homeland, these highest grades came from the Blue Flame Area near the outcropping Cross Bones Uranium Deposit and were accompanied by elevated vanadium values.

What is the East Ridge Showing at Homeland Uranium's HLUCF Cross Bones project?

The East Ridge Showing is a newly discovered target about 5 km east-southeast of Cross Bones. According to Homeland, surface sampling of sandstone and coal outcrops over ~500 m strike returned anomalous uranium values ranging from 106 to 231 ppm U with associated vanadium.

What does the planned maiden drill program mean for Homeland Uranium (HLUCF) shareholders?

Homeland plans an inaugural drill program at Cross Bones in fall 2026. According to Homeland, drilling will twin selected historical holes, test mineralization continuity in parts of the Cross Bones Uranium Deposit, and refine geological controls, aiming to support future expansion and delineation drilling.

What drilling results did Homeland Uranium report from the 2025-2026 Coyote Basin program?

Homeland reported final results from 25 reverse circulation holes at Coyote Basin. According to Homeland, nearly all analyzed samples were ≤30 ppm U, with one interval in hole CB-RC-0042 intersecting 1.52 m of 67 ppm U between 44.2 m and 45.72 m depth.

How were samples analyzed for Homeland Uranium's Cross Bones and Coyote Basin projects?

Cross Bones rock grab samples were analyzed by Paragon Geochemical using multi-acid digestion and ICP-MS. According to Homeland, Coyote Basin drill chips were analyzed by SGS via sodium peroxide fusion and ICP-OES, with both labs operating under ISO-accredited QA/QC procedures and blanks, standards, and repeats inserted.

Does Homeland Uranium's Cross Bones sampling confirm uranium mineralization across multiple targets?

Yes. According to Homeland, May 2026 surface sampling confirmed uranium and vanadium mineralization at the Cross Bones Uranium Deposit (Blue Flame Area), the newly identified East Ridge Showing, and areas of Cross Bones West, providing multiple follow-up targets for the upcoming drill program.

What commodities is Homeland Uranium (HLUCF) targeting at Cross Bones in Colorado?

Homeland is primarily targeting uranium with associated vanadium at Cross Bones. According to Homeland, sandstone-hosted uranium deposits on the Colorado Plateau commonly contain vanadium, and recent sampling returned up to 1,820 ppm U and 1,640 ppm V from surface outcrops.