Homerun Resources Inc. Rare Earth Element (REE) Separation Technology Partnership
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) executed a binding Memorandum of Understanding with Magnum Mining (ASX: MGU, OTCQB: MGUFF) to jointly evaluate Homerun's ultra-pure silica sand as a column media for adsorption and chromatographic separation of rare earth elements from Magnum's Brazilian REE projects.
The program targets bench-scale adsorption/chromatography with possible pilot-scale modular expansion, joint ownership of any testing IP, a 12-month MoU term (subject to renewal), and cost-sharing for test budgets. Peer-reviewed studies cited report bench-scale silica chromatography achieving ≥99.9% Heavy-REE purity using mineral-acid eluents.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) ha firmato un Memorandum of Understanding vincolante con Magnum Mining (ASX: MGU, OTCQB: MGUFF) per valutare congiuntamente la sabbia di silice ultra-pura di Homerun come mezzo di colonna per l'adsorbimento e la separazione cromatografica di elementi delle terre rare dai progetti REE brasiliani di Magnum. Il programma mira a adsorption/chromatografia a livello di banco con possibile espansione modulare su scala pilota, proprietà comune della IP di testing, una durata di 12 mesi del MoU (soggetta a rinnovo) e condivisione dei costi per i budget di test. Studi peer-reviewed citati riportano una cromatografia su silica a banco che raggiunge ≥99,9% di purezza delle terre rare pesanti usando eluenti acidi minerali.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) suscribió un Memorando de Entendimiento vinculante con Magnum Mining (ASX: MGU, OTCQB: MGUFF) para evaluar de forma conjunta la arena de sílice ultrapurá de Homerun como medio de columna para la adsorción y la separación cromatográfica de los elementos de tierras raras de los proyectos REE brasileños de Magnum. El programa apunta a adsorción/cromatografía a escala de banco con posible expansión modular a piloto, propiedad conjunta de cualquier IP de pruebas, una vigencia de 12 meses del MoU (sujeta a renovación) y costos compartidos para los presupuestos de pruebas. Los estudios revisados por pares citados reportan cromatografía de sílice a banco logrando ≥99,9% de pureza de las tierras raras pesadas usando eluentes ácidos minerales.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR)는 Magnum Mining (ASX: MGU, OTCQB: MGUFF)와 구속력 있는 양해각서를 체결하여 Homerun의 초순수 실리카 모래를 컬럼 매질로 사용한 흡착 및 크로마토그래피 분리를 Magnum의 브라질 REE 프로젝트에서 희토류 원소를 공동 평가합니다. 프로그램은 벤치 스케일 흡착/크로마토그래피를 목표로 하며 파일럿 규모의 모듈식 확장 가능성, 테스트 IP의 공동 소유, MoU의 12개월 기간(갱신 가능) 및 테스트 예산의 비용 분담을 포함합니다. 동료 평가를 거친 연구에 따르면 벤치 스케일 실리카 크로마토그래피가 무게 기준의 희토류 중 중성/헤비 REE의 순도 ≥99.9%를 달성한다고 보고합니다.
Homerun Resources (OTCQB : HMRFF, TSXV : HMR) a conclu un protocole d’accord contraignant avec Magnum Mining (ASX : MGU, OTCQB : MGUFF) pour évaluer conjointement le sable de silice ultra-pur d’Homerun en tant que support de colonne pour l’adsorption et la séparation chromatographique des éléments des terres rares des projets REE brésiliens de Magnum. Le programme vise une adsorption/chromatographie à l’échelle de banc avec éventuelle expansion modulaire à l’échelle pilote, une propriété conjointe de toute IP de test, une durée de 12 mois du MoU (susceptible de renouvellement) et un partage des coûts pour les budgets de test. Des études évaluées par les pairs citent une chromatographie sur silice à l’échelle de banc atteignant ≥99,9% de pureté des terres rares lourdes en utilisant des eluants acides minéraux.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) hat eine bindende Absichtserklärung mit Magnum Mining (ASX: MGU, OTCQB: MGUFF) unterzeichnet, um gemeinsam Homeruns ultra-reinen Siliziumsand als Spaltenmedium für Adsorption und chromatographische Trennung von Seltenen Erden aus Magnums brasilianischen REE-Projekten zu bewerten. Das Programm zielt auf bench-scale Adsorption/Chromatographie mit möglicher modularer Erweiterung auf Pilot-Skala, gemeinschaftlichem Eigentum an jeglicher Testing-IP, eine 12-monatige MoU-Laufzeit (erneuerbar) und Kostenbeteiligung für Testbudgets. Peer-Review-Studien zitieren, dass bench-scale Silica-Chromatographie eine Reinheit der Heavy-REE von ≥99,9% erreicht, bei Verwendung mineralischer Säurelösungen.
Homerun Resources (OTCQB: HMRFF، TSXV: HMR) أبرمت مذكرة تفاهم ملزمة مع Magnum Mining (ASX: MGU، OTCQB: MGUFF) لتقييم معًا رمل السيليكا النقي جدًا كوسط عمود للامتصاص والفصل الكروماتوغرافي للعناصر الأرضية النادرة من مشاريع REE البرازيلية التي تملكها Magnum. يهدف البرنامج إلى الاستفادة من الامتصاص/الكروماتوغرافيا على مستوى المختبر مع احتمال توسيع modular pilot-scale، وملكية مشتركة لأي IP للاختبار، ومدة MoU تبلغ 12 شهرًا (قابلة للتجديد)، وتوزيع التكاليف لاختبارات الميزانيات. وتذكر الدراسات المُراجَعة من قبل الأقران أن الكروماتوغرافيا على السيليكا على مستوى المختبر تحقق نقاءًا ≥99.9% من الأرض النادرة الثقيلة باستخدام محاليل حامضية معدنية.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) 与 Magnum Mining (ASX: MGU, OTCQB: MGUFF) 签署了具有约束力的谅解备忘录，共同评估 Homerun 的超纯硅砂作为柱状介质，用于从 Magnum 的巴西稀土项目中进行吸附和色谱分离。计划目标是在台架级进行吸附/色谱研究，并可能扩展到 pilot 规模的模块化扩张，测试知识产权的共同所有权，MoU 期限为 12 个月（可续约），并对测试预算进行成本分担。同行评议的研究引用表明，在台架规模的硅胶色谱中，使用矿物酸淋洗剂可达到 ≥99.9% 的重稀土纯度。
- Binding MoU executed with Magnum (ASX: MGU/OTCQB: MGUFF)
- Bench-scale testing of ultra-pure silica for REE separation planned
- Joint ownership of any new process know-how and IP
- Peer-reviewed studies report ≥99.9% purity for HREEs on silica media
- Pilot-scale modular expansion possible if bench results positive
- MoU term limited to 12 months (subject to renewal)
- MoU may be terminated on 30 days' notice
- No guaranteed commercial terms or revenue in the MoU
- Either party may exit if chromatographic separation is unsuitable
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that it has executed a binding Memorandum of Understanding ("MoU") with Magnum Mining & Exploration Limited ("Magnum") (ASX: MGU) (OTCQB: MGUFF), to jointly evaluate the application of Homerun's ultra-pure silica sand for the adsorption and chromatographic separation of rare earth elements ("REE") samples supplied by Magnum.
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Magnum's Chairman, Michael Davy, commented: "We are very pleased to be initiating this research collaboration partnership with Homerun. We believe this MoU adds smart optionality to our strategy to drive value across our REE portfolio. At minimal cost, we can test whether Homerun's high-purity silica has the potential to streamline REE separation from our Brazilian ore with a reduced solvent footprint. If successful, Magnum could unlock faster and cleaner routes to supplying REEs to market from its highly prospective Brazilian REE assets, where we have achieved exceptional exploration and leach results to date. We look forward to working with Homerun and by extension contributing to the broader wave of innovation we are seeing in the REE space, both in Australia and internationally."
Homerun's CEO, Brian Leeners, commented: "This collaboration is an exciting opportunity for Homerun to advance the application of our ultra-pure silica product in a new generation of rare-earth element separation technologies. By leveraging our high-purity feedstock with Magnum's promising Brazilian rare-earth assets, we believe we can deliver environmentally improved, lower-carbon-footprint processing solutions that are critical to the energy transition. We look forward to driving innovation, lowering costs, and creating value for the stakeholders of both companies through this partnership."
DETAILS OF THE MOU
Under the MoU the Parties will joint evaluate, the following:
The bench scale application of the HMR ultra-pure silica sand for adsorption and chromatographic separation of rare earth elements from MGU's REE projects in Brazil.
Subject to the success of the bench scale test, a pilot test of the jointly developed solution.
Eventual commercialisation of the jointly developed solution.
All IP created during the testing phases will be jointly controlled by the Parties. If a Party determines that chromatographic separation of rare earth elements is not suitable to their materials supplied for the purpose of the testing, they may exit the MoU and the other Party will have the right to utilise the IP obtained to their benefit. The Parties shall develop budgets to jointly cover the costs incurred related to the testing phases. The MoU term will expire in 12 months (subject to renewal). The MOU may be terminated on 30 days notice' or due to an Event of Default or Force Majeure.
BACKGROUND INFORMATION ON HREE SEPARATION TECHNOLOGY
Recent peer-reviewed studies1,2 report bench-scale continuous extraction chromatography on silica-based media, achieving ≥
ABOUT HOMERUN
Homerun Resources Inc. (TSXV: HMR) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.
Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
Solar: Development of Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.
With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.
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".
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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1 Journal of Chromatography, Volume 1745, 29 March 2025, "Efficient extraction chromatography method for the separation of heavy rare earth elements from various sources."
2 Journal of Rare Earths, Volume 41, Issue 2, February 2023, "Research progress of rare earth separation methods and technologies".
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272349
FAQ
What did Homerun (HMRFF) announce on October 29, 2025?
What testing stages are planned under the Homerun and Magnum MoU?
Who will own any IP generated by the Homerun (HMRFF) and Magnum collaboration?
How long is the Homerun and Magnum MoU effective for HMRFF investors?
What evidence supports silica-based REE separation noted in the Homerun announcement?
Could the Homerun (HMRFF) partnership reduce environmental impact versus solvent extraction?
