Homerun Resources Inc. 43-101 Compliant Technical Report - Resource Estimate Belmonte Silica Sand District
Homerun Resources has completed a 43-101 compliant Technical Report for its Belmonte Silica Sand District project in Bahia, Brazil. The report confirms substantial high-purity silica sand resources of 25.56 million tonnes Measured and 38.35 million tonnes Inferred, with average silica content exceeding 99.6%.
The assessment, conducted by Geoinform Pesquisas Geológicas, involved 254 auger drill holes totaling 2,565 meters. The project benefits from:
- Strategic location with good infrastructure access
- Environmental license secured in December 2024
- 40-year lease agreement with CBPM
- Potential for glass, ceramic, and technology applications
The resource modeling considered depths up to 10 meters for measured resources and 25 meters for inferred resources, based on observations from the adjacent Jundu mine. Simple washing tests demonstrated improved silica grades, highlighting strong economic potential.
Homerun Resources ha completato un Rapporto Tecnico conforme allo standard 43-101 per il suo progetto Belmonte Silica Sand District in Bahia, Brasile. Il rapporto conferma risorse significative di sabbia silicea ad alta purezza di 25,56 milioni di tonnellate misurate e 38,35 milioni di tonnellate inferite, con un contenuto medio di silice superiore al 99,6%.
La valutazione, condotta da Geoinform Pesquisas Geológicas, ha coinvolto 254 perforazioni a trivella per un totale di 2.565 metri. Il progetto beneficia di:
- Posizione strategica con buon accesso alle infrastrutture
- Licenza ambientale ottenuta a dicembre 2024
- Contratto di locazione di 40 anni con CBPM
- Potenziale per applicazioni nel settore del vetro, ceramica e tecnologia
La modellazione delle risorse ha considerato profondità fino a 10 metri per le risorse misurate e 25 metri per quelle inferite, basandosi sulle osservazioni della vicina miniera Jundu. Test di lavaggio semplici hanno dimostrato un miglioramento della qualità della silice, evidenziando un forte potenziale economico.
Homerun Resources ha completado un Informe Técnico conforme a la norma 43-101 para su proyecto Belmonte Silica Sand District en Bahía, Brasil. El informe confirma recursos sustanciales de arena de sílice de alta pureza de 25,56 millones de toneladas medidas y 38,35 millones de toneladas inferidas, con un contenido promedio de sílice superior al 99,6%.
La evaluación, realizada por Geoinform Pesquisas Geológicas, incluyó 254 perforaciones con barrena que suman 2.565 metros. El proyecto cuenta con:
- Ubicación estratégica con buen acceso a infraestructura
- Licencia ambiental obtenida en diciembre de 2024
- Contrato de arrendamiento de 40 años con CBPM
- Potencial para aplicaciones en vidrio, cerámica y tecnología
El modelado de recursos consideró profundidades de hasta 10 metros para recursos medidos y 25 metros para recursos inferidos, basándose en observaciones de la mina adyacente Jundu. Pruebas simples de lavado demostraron mejoras en los grados de sílice, destacando un fuerte potencial económico.
Homerun Resources는 브라질 바이아에 위치한 Belmonte Silica Sand District 프로젝트에 대해 43-101 규정을 준수하는 기술 보고서를 완료했습니다. 보고서는 평균 실리카 함량이 99.6%를 초과하는 측정 자원 2,556만 톤과 추정 자원 3,835만 톤의 고순도 규사 자원을 확인했습니다.
Geoinform Pesquisas Geológicas가 수행한 평가에서는 총 2,565미터에 달하는 254개의 오거 시추공이 포함되었습니다. 이 프로젝트는 다음과 같은 이점을 가지고 있습니다:
- 우수한 인프라 접근성을 갖춘 전략적 위치
- 2024년 12월에 확보한 환경 허가
- CBPM과 40년 임대 계약
- 유리, 세라믹 및 기술 응용 분야에 대한 잠재력
자원 모델링은 인접한 Jundu 광산의 관찰을 바탕으로 측정 자원은 최대 10미터, 추정 자원은 최대 25미터 깊이까지 고려했습니다. 간단한 세척 테스트에서 실리카 등급이 향상되어 강력한 경제적 잠재력을 보여주었습니다.
Homerun Resources a finalisé un rapport technique conforme à la norme 43-101 pour son projet Belmonte Silica Sand District situé à Bahia, au Brésil. Le rapport confirme des ressources substantielles de sable de silice à haute pureté de 25,56 millions de tonnes mesurées et 38,35 millions de tonnes inférées, avec une teneur moyenne en silice dépassant 99,6 %.
L’évaluation, réalisée par Geoinform Pesquisas Geológicas, a impliqué 254 forages à tarière totalisant 2 565 mètres. Le projet bénéficie de :
- Une localisation stratégique avec un bon accès aux infrastructures
- Une licence environnementale obtenue en décembre 2024
- Un contrat de bail de 40 ans avec CBPM
- Un potentiel pour des applications dans le verre, la céramique et la technologie
La modélisation des ressources a pris en compte des profondeurs allant jusqu’à 10 mètres pour les ressources mesurées et 25 mètres pour les ressources inférées, sur la base des observations de la mine voisine de Jundu. Des tests simples de lavage ont montré une amélioration des teneurs en silice, soulignant un fort potentiel économique.
Homerun Resources hat einen 43-101-konformen technischen Bericht für sein Projekt Belmonte Silica Sand District in Bahia, Brasilien, abgeschlossen. Der Bericht bestätigt erhebliche hochreine Quarzsandressourcen von 25,56 Millionen Tonnen gemessen und 38,35 Millionen Tonnen abgeleitet mit einem durchschnittlichen Siliziumdioxidgehalt von über 99,6 %.
Die Bewertung, durchgeführt von Geoinform Pesquisas Geológicas, umfasste 254 Bohrungen mit insgesamt 2.565 Metern. Das Projekt profitiert von:
- Strategischer Lage mit guter Infrastruktur
- Umweltlizenz gesichert im Dezember 2024
- 40-jährigem Pachtvertrag mit CBPM
- Potenzial für Anwendungen in Glas, Keramik und Technologie
Das Ressourcenmodell berücksichtigte Tiefen bis zu 10 Metern für gemessene Ressourcen und 25 Metern für abgeleitete Ressourcen, basierend auf Beobachtungen der angrenzenden Jundu-Mine. Einfache Waschtests zeigten verbesserte Siliziumdioxidwerte und unterstreichen das starke wirtschaftliche Potenzial.
- Significant resource estimate: 25.56 Mt Measured and 38.35 Mt Inferred of high-purity silica sand
- High-quality product with 99.67% average SiO2 content, suitable for glass, ceramic, and technology industries
- Secured 40-year lease agreement with CBPM for extraction rights
- Environmental license obtained in December 2024
- Favorable logistics and accessible infrastructure in place
- Simple beneficiation process proven to increase silica grades
- Resource estimates still preliminary and require further validation
- Additional investment needed for development and resource conversion
- Project still in early stages - not yet at production or revenue generation phase
- Royalty payments required under CBPM agreement
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that further to the News Release of February 24, 2025, the Company has completed a 43-101 compliant Technical Report with Mineral Resource Estimate (MRE) from the Company's high purity silica sand located in the Belmonte Silica Sand District in the State of Bahia, Brazil. As previously announced, the MRE contains a preliminary resource of 25.56 Mt Measured and 38.35Mt Inferred of high-purity silica sand (>
Please view NI 43-101 Technical Report here: https://homerunresources.com/ni-43-101-belmonte/
TECHNICAL REPORT SUMMARY:
This Technical Report presents the 2025 Mineral Resource Estimate for Homerun Resources Inc.'s High Purity Belmonte Silica Sand Project, located in Belmonte, Bahia, Brazil. Prepared by Geoinform Pesquisas Geológicas Ltda., the report consolidates and updates previous resource estimations using new geological, geophysical, and geochemical data obtained during recent field campaigns conducted by Homerun Resources in partnership with Companhia Baiana de Pesquisa Mineral (CBPM).
The Belmonte Project is located in the southern region of Bahia, near the district of Santa Maria Eterna. The project area is accessible by a combination of paved highways and unpaved roads. It lies within the geological context of the Rio Pardo Basin, with silica sand mineralization primarily hosted in the Santa Maria Eterna Formation, characterized by siliceous metadolomites and quartzites.
Extensive field work, including 254 auger drill holes totaling 2,565 meters, sample preparation, and laboratory analysis (SGS/GEOSOL and AGS), provided the basis for constructing a detailed 3D geological model using Oasis Montaj™. The model integrates lithological and geochemical data, resulting in an estimated Measured and Inferred Resource of approximately 25.56 million tonnes and 38.34 million tonnes of high-purity silica sand, with an average SiO₂ content of
The silica sand is suitable for applications in the glass, ceramic, and technology industries.
QA/QC procedures, including duplicate analyses and cross-validation with international laboratories, confirmed the consistency and reliability of the data. Furthermore, washing tests significantly increased the silica grades, demonstrating the economic potential of simple beneficiation processes.
The project benefits from favorable logistics, accessible infrastructure, and environmental permitting already underway. An agreement with CBPM grants Homerun exclusive extraction rights under a 40-year lease with predefined royalties and commitments to socio-environmental initiatives in the region.
This report concludes that the Belmonte Project demonstrates high geological continuity, favorable economic characteristics, and regulatory progress, justifying further investment in development and resource conversion toward feasibility and production planning stages.
Work undertaken by the company in 2024 clearly demonstrates the excellent potential for the discovery of a high-purity silica resource of significant size at the Belmonte Property. The author strongly believes that this is a Project of merit and deserving of additional work
The modeling for the preliminary MRE was conducted using different silica grades, as criteria. After washing tests, the measured resources were considered for volumes over a baseline cutoff of
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The ore volume up to a depth of 10 meters reached by the drillings was considered as a measured resource, with a cutoff of
Based on observations made during the QP's site visit to the project, visits to natural and artificial outcrops, and observations from the adjacent operating mine to the Belmonte project, the homogeneity of the ore and the mineralized layers allowed the inference that the resources extend to significantly greater depths than those reached by drilling.
For the inferred resource, it was considered that the ore occurs homogeneously down to a depth of 25 meters, which can be observed in the active pit of the adjacent Jundu mine, located a few dozen meters from the HMR drilling.
| Resource Estimate (tonnes) | |
| Measured | Inferred |
| 25,564,553 | 38,346,830 |
The environmental license for the project was issued by the Municipality of Belmonte on December 6, 2024, representing a significant advancement toward completion of the permitting process.
The complete NI 43-101 Technical Report will be filed on SEDAR+ ( https://www.sedarplus.ca/landingpage/ ) and is available on the Company's website at: https://homerunresources.com/ni-43-101-belmonte/
This MRE development initiative is part of Homerun's commitment under its partnership with Companhia Baiana de Pesquisa Mineral (CBPM), within the scope of the 40-year lease agreement between the Parties.
Cautionary Note Regarding Mineral Resource Estimates
This News Release uses the terms measured, indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimates disclosed in this News Release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to an indicated or measured mineral resource category, however, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum's "CIM Definition Standards on Mineral Resources and Mineral Reserves" incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.
Qualified Person
Technical information in this news release has been reviewed and approved by Dr. Roque Yuri Tandel, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects. Dr. Roque Yuri Tandel, Ph.D., Geologist and partner at Geoinform, supervised the preparation of and is responsible for the publication of the Technical Report and the Silica Sand Resource Estimates. Mr. Tandel has been involved in mineral exploration as an independent consultant, as well as mineral resource modeling and estimation for greenfield and brownfield silica sand deposits and operations in Brazil for over 35 years.
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
On behalf of the Board of Directors of
Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250111
FAQ
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