Ross McElroy Steps down from Homeland Board
Homeland Uranium (OTCQB: HLUCF) announced that Ross McElroy resigned from the board effective October 15, 2025 to focus on his duties at Apollo Silver. The company expanded its Coyote Basin Project by staking 36 new unpatented mining claims, bringing the total to 839 claims plus three Colorado exploration permits covering approximately 18,656 acres (7,450 ha). The new claims target areas down-dip or along strike of uranium mineralization identified in June 2025 mapping and historical 1980 reports. Homeland reports a contractor delay and now expects drilling to begin on or around November 1, 2025.
Homeland Uranium (OTCQB: HLUCF) ha annunciato che Ross McElroy si è dimesso dal consiglio di amministrazione con effetto dal 15 ottobre 2025 per concentrarsi sui suoi incarichi presso Apollo Silver. L'azienda ha ampliato il proprio Progetto Coyote Basin incorporando 36 nuove richieste mineralogiche non brevettate, portando il totale a 839 richieste oltre a tre permessi di esplorazione in Colorado che coprono circa 18.656 acri (7.450 ha). Le nuove richieste mirano ad aree di tipo downdip o lungo la faglia della mineralizzazione di uranio identificata nelle mappe di giugno 2025 e nei rapporti storici del 1980. Homeland segnala un ritardo da parte di un appaltatore e ora prevede che le perforazioni inizino intorno al 1 novembre 2025.
Homeland Uranium (OTCQB: HLUCF) anunció que Ross McElroy renunció al consejo de administración con efecto a partir del 15 de octubre de 2025 para concentrarse en sus funciones en Apollo Silver. La empresa amplió su Proyecto Coyote Basin al reclamar 36 nuevas concesiones mineras no patentadas, llevando el total a 839 concesiones, además de tres permisos de exploración en Colorado que cubren aproximadamente 18.656 acres (7.450 ha). Las nuevas concesiones apuntan a áreas hacia abajo en la pendiente o a lo largo de la strike de la mineralización de uranio identificada en el mapeo de junio de 2025 y en los informes históricos de 1980. Homeland reporta un retraso de un contratista y ahora espera que las perforaciones comiencen alrededor del 1 de noviembre de 2025.
Homeland Uranium (OTCQB: HLUCF)가 Ross McElroy가 Apollo Silver에서의 임무에 집중하기 위해 2025년 10월 15일부로 이사회에서 사임했다고 발표했습니다. 회사는 Coyote Basin Project를 확장하여 36개의 새로운 비특허 채굴 청구를 확보했고 총 839 청구로 늘었으며, 콜로라도 주의 탐사 허가 3건이 합쳐 약 18,656에이커(7,450ha)를 커버합니다. 새로운 청구는 2025년 6월 매핑과 1980년대의 역사적 보고서에서 확인된 우라늄 광화의 아래 방향 또는 스트라이크 방향의 영역을 겨냥합니다. Homeland는 계약자의 지연을 보고하며 이제 시추는 대략 2025년 11월 1일에 시작될 것으로 예상합니다.
Homeland Uranium (OTCQB: HLUCF) a annoncé que Ross McElroy a démissionné du conseil d'administration à compter du 15 octobre 2025 pour se concentrer sur ses fonctions chez Apollo Silver. L'entreprise a étendu son Projet Coyote Basin en attribuant 36 nouvelles revendications minières non brevetées, portant le total à 839 revendications, en plus de trois permis d'exploration dans le Colorado couvrant environ 18 656 acres (7 450 ha). Les nouvelles revendications ciblent des zones en affleurement ou le long de la faille de la minéralisation d'uranium identifiée lors des relevés de juin 2025 et des rapports historiques de 1980. Homeland signale un retard de prestataire et prévoit désormais que les forages débutent vers le 1er novembre 2025.
Homeland Uranium (OTCQB: HLUCF) gab bekannt, dass Ross McElroy mit Wirkung vom 15. Oktober 2025 aus dem Vorstand ausgeschieden ist, um sich auf seine Pflichten bei Apollo Silver zu konzentrieren. Das Unternehmen hat sein Coyote Basin Project erweitert, indem 36 neue unpatented mining claims beantragt wurden, womit die Gesamtzahl auf 839 Ansprüche steigt, zusätzlich zu drei Explorationsgenehmigungen in Colorado, die ca. 18.656 Acres (7.450 ha) abdecken. Die neuen Ansprüche richten sich auf Gebiete stromabwärts oder längs der Streichlinie der Uranmineralisierung, die in der Kartierung von Juni 2025 und in historischen Berichten von 1980 identifiziert wurde. Homeland meldet eine Verzögerung durch einen Auftragnehmer und erwartet nun, dass Bohrungen um den 1. November 2025 beginnen.
Homeland Uranium (OTCQB: HLUCF) أعلنت أن روس ماكإلروي استقال من مجلس الإدارة اعتباراً من 15 أكتوبر 2025 للتركيز على واجباته في Apollo Silver. قامت الشركة بتوسيع مشروع كيوت باسين من خلال تسجيل 36 مطالبة تعدين غير patent، ليصل الإجمالي إلى 839 مطالبة بالإضافة إلى ثلاثة تصاريح استكشاف في كولورادو تغطي نحو 18,656 فداناً (7,450 هـ). تستهدف المطالبات الجديدة مناطق أسفل الانحدار أو على طول اتجاه تموضع اليورانيوم المحددة في خرائط يونيو 2025 والتقارير التاريخية من 1980. تشير Homeland إلى تأخير من المقاول وتتوقع أن تبدأ الحفريات تقريباً في 1 نوفمبر 2025.
Homeland Uranium (OTCQB: HLUCF) 宣布 Ross McElroy 将自 2025 年 10 月 15 日起辞任董事会成员，专注于在 Apollo Silver 的职责。公司通过新立36个未专利矿权，扩大了 Coyote Basin Project，总数达到 839 个矿权，并再增设三项科探许可覆盖约 18,656 英亩（7,450 公顷）。新矿权瞄准在 2025 年 6 月制图和 1980 年历史报告中确定的铀矿化向下子层或走向走向的区域。Homeland 报告承包商延迟，现在预计钻探将于大约 2025 年 11 月 1 日 开始。
- Property expanded to 839 unpatented claims
- Total area increased to 18,656 acres
- New claims target down-dip/along-strike uranium occurrences
- Board loses a technical director with uranium experience
- Drill mobilization delayed ~two weeks; program now ~Nov 1, 2025
Homeland Expands Coyote Basin Uranium Project by Staking, Drilling to Commence around November 1st
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") announced that Mr. Ross McElroy has resigned from the Board of Directors effective October 15, 2025 in part to allow him to focus fully on his core duties as CEO, President and Director of Apollo Silver.
"I would like to thank Ross for his invaluable contributions to the formation of Homeland Uranium Corp. helping the Company navigate through two cornerstone uranium project acquisitions in Colorado. Ross' vast technical and leadership experience in the uranium exploration and development industry has provided Homeland with key insights during our brief history. On behalf of the Homeland Team and the Company's shareholders, I would like to wish Ross the very best of success in the future," stated Eugene McBurney, Chair of the Homeland Board of Directors.
Homeland Expands Coyote Basin by Staking
The Company is also pleased to announce that it has expanded the Coyote Basin Project (the "Project") through the additional staking of 36 new unpatented mining claims on US Bureau of Land Management ("BLM") administered lands. These 36 mining claims were staked to cover gaps between present between the previous boundary of the Project and privately-owned surface and mineral rights lands (see Figure 2). The addition of these claims expands the Property to a total of 839 unpatented mining claims and three Colorado state exploration permits covering an area of approximately 18,656 acres (7,450 ha). The new claims overlie land projected to be down-dip or along strike of uranium mineralization identified on surface during the Company's June 2025 mapping and prospecting program (see Homeland's news release dated August 18, 2025 also available on the Company's profile on SEDARplus.ca) or outlined in historical exploration reports from 1980 by Western Mining, a previous explorer of the property (from private internal report, Western Mining, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, State of Colorado, January, 1980).
Contractor Mobilization to Coyote Basin
The Company has been informed by the drill contractor selected for the upcoming exploration program at Coyote Basin that they will be unable to mobilize to the property for two weeks due to necessary equipment maintenance and needed crew rest. Homeland anticipates that the drill program will now commence on or around November 1st.
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
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
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 Northern Colorado Plateau Uranium Properties
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/270664_62d34513f4344b5b_002full.jpg
Figure 2 - Location of the 36 new mining claims staked at the Coyote Basin Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10583/270664_62d34513f4344b5b_003full.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270664
FAQ
What did Homeland Uranium (HLUCF) announce on October 16, 2025 about Coyote Basin?
When will Homeland's Coyote Basin drill program start after the October 16, 2025 update?
Why did Ross McElroy resign from Homeland's board on October 15, 2025 and does it affect HLUCF operations?
How much land does Homeland control at Coyote Basin after the October 16, 2025 staking?
Do the new Coyote Basin claims target known uranium mineralization for HLUCF?
