Homeland Uranium Stock Price, News & Analysis

Homeland Uranium Corp. (OTCQB: HLUCF), also listed on the TSX Venture Exchange under the symbol HLU and on the Frankfurt Stock Exchange under D3U, is a mineral exploration company focused on uranium. According to the company’s public disclosures, Homeland Uranium is focused on becoming a US‑focused and resource‑bearing uranium explorer and developer, with projects located in northwestern Colorado within the northern portion of the Colorado Plateau.

The company describes itself as the 100% owner of the Coyote Basin, Skull Creek/Cross Bones and Red Wash uranium projects in northwestern Colorado. In various news releases, Homeland notes that these projects are situated in a uranium‑producing region of the United States and that Coyote Basin and Skull Creek (host to the Cross Bones uranium deposit) each have historical uranium resource estimates reported in legacy filings by Energy Metals Corporation. Homeland emphasizes that these historical estimates are not being treated as current mineral resources or reserves and that significant additional work is required before any modern mineral resource estimate can be established.

Core projects and exploration focus

Homeland Uranium’s flagship asset is the Coyote Basin Uranium Project in Moffat and Rio Blanco Counties, northwest Colorado. The company reports that Coyote Basin was historically explored by Western Mining Resources in the late 1970s, with work that included surface sampling, coring, drill‑hole chip sampling and gamma logging. Energy Metals Corporation later disclosed an estimated historical resource for Coyote Basin in a Management Discussion and Analysis filed with the U.S. Securities and Exchange Commission. Homeland states that it is not treating this historical estimate as current and cautions readers not to rely on it.

Recent Homeland news releases describe an ongoing Phase II exploration drilling program at Coyote Basin. The company has been completing reverse circulation drill holes designed to test key historical resource‑bearing locations and to evaluate the lateral extent of anomalous radioactivity at relatively shallow depths. Downhole spectral gamma ray logging is used to identify radiometric horizons, and Homeland notes that anomalous radioactivity has been encountered over areas interpreted to extend for hundreds of metres and to remain open for expansion. The company indicates that chemical assays and further geochemical analysis are required before uranium grades can be accurately determined.

Homeland also reports that it has expanded the Coyote Basin land position by staking additional unpatented mining claims on U.S. Bureau of Land Management administered lands, increasing the size of the project area. The company highlights that these new claims were positioned to cover gaps between the prior project boundary and privately owned lands, and to capture areas projected to be down‑dip or along strike of uranium mineralization identified in mapping, prospecting and historical reports.

The Skull Creek Project, including the Cross Bones Uranium Deposit, is another focus area. Homeland has announced an agreement, and later the closing of a transaction, to acquire Skull Creek in Moffat and Rio Blanco Counties, Colorado, from Hightest Resources. The property consists of unpatented mining claims on federal BLM lands and a state exploration permit administered by the State of Colorado. Energy Metals Corporation previously reported a historical uranium resource for what was then called the Skull Creek Deposit in SEC filings. Homeland states that it is renaming this mineralization the Cross Bones Deposit to avoid confusion with a separate small historical occurrence also called Skull Creek, and again cautions that the historical resource estimate is not being treated as current mineral resources or reserves.

The Red Wash Project in northwestern Colorado is described as adjacent to Skull Creek and part of Homeland’s broader land package on the northern Colorado Plateau. Company disclosures note that Skull Creek and Red Wash are located near Coyote Basin and that Homeland views the combined holdings as a dominant land position in the district, with potential for operational synergies among the projects. Historical data cited by the company indicate that uranium mineralization in the Skull Creek/Cross Bones area occurs within sandstones, carbonaceous siltstones, shales and thinly bedded lignites of the Iles (Sego) Sandstone, a unit within the Cretaceous stratigraphic sequence underlying the Fort Union Formation that hosts mineralized horizons at Coyote Basin.

Exploration methods and technical framework

Homeland Uranium’s news releases describe a technical approach that includes reverse circulation drilling, downhole spectral gamma ray logging, and geochemical sampling of drill cuttings. The company reports using a calibrated QL40 SGR Spectral Gamma Ray downhole probe to collect continuous spectral gamma measurements along drill holes, with gamma values recorded as counts per second. These measurements are compared with assay data from sampled intervals to calibrate the tool response. The company also notes the use of a portable hand‑held X‑ray fluorescence analyzer to test drill cuttings for uranium as part of its evaluation of potential uranium disequilibrium.

Homeland emphasizes that in sandstone‑hosted uranium deposits, uranium mineralization can be in disequilibrium with daughter products in the radioactive decay series, which can limit the reliability of converting gamma readings into equivalent uranium grades. The company cites documentation of uranium disequilibrium at a nearby former producing mine and explains that, due to discrepancies between gamma probe results and XRF readings, additional geochemical and assay sampling is required before uranium grades at Coyote Basin can be accurately determined.

Permitting is another key aspect of the company’s activities. Homeland has reported that its subsidiary Shift Exploration Inc. received approvals from the U.S. Bureau of Land Management and the Colorado Division of Mine Reclamation and Safety for a Notice of Intent permit covering Part 1 of a planned drilling program at Coyote Basin. This permit allows for a defined number of reverse circulation drill holes to test historical resource‑bearing locations, with any additional drilling in subsequent phases requiring separate permits.

Corporate and capital markets context

Homeland Uranium Corp. is based in Vancouver, British Columbia, and its shares trade on multiple markets: the TSX Venture Exchange, the OTCQB market in the United States, and the Frankfurt Stock Exchange. Company news releases reference participation in virtual investor conferences and the use of investor relations and advisory services to increase research exposure, particularly within the junior and mid‑cap metals and mining sector. Homeland has also disclosed a past investor relations agreement with HoldCo Markets Advisory Inc., clarifying the terms of that agreement, its termination, and the equity holdings of HCM’s principal.

In its communications, Homeland repeatedly underscores that all historical resource estimates for its projects are not being treated as current mineral resources or reserves under National Instrument 43‑101. The company notes that a Qualified Person has not completed the work necessary to classify these historical estimates as current, that key underlying assay and verification data are not available, and that substantial further evaluation and drilling will be required before any NI 43‑101 compliant resource estimate can be prepared.

Risk considerations and project stage

Based on its own disclosures, Homeland Uranium is at the exploration and evaluation stage of project development. The company is conducting drilling, geophysical logging, sampling and geological interpretation to test historical data and to refine its understanding of mineralized horizons at Coyote Basin and Skull Creek/Cross Bones. Homeland cautions that true thicknesses of mineralized intervals have not yet been determined and that uranium grades cannot be reliably estimated until sufficient assay data are available. The company’s projects are subject to permitting by U.S. federal and state agencies and to the technical and geological uncertainties inherent in early‑stage mineral exploration.

Summary

In summary, Homeland Uranium Corp. presents itself as a uranium‑focused mineral exploration company with a multi‑project land position in northwestern Colorado, anchored by the Coyote Basin, Skull Creek/Cross Bones and Red Wash projects. Its public disclosures emphasize the presence of historical uranium resource estimates reported by prior operators, ongoing drilling and technical work aimed at evaluating and potentially upgrading those historical estimates, and a focus on operating within established regulatory frameworks in the United States and under NI 43‑101 standards. Investors and researchers reviewing Homeland Uranium typically examine its exploration updates, historical data references, and permitting milestones to understand the progress and potential of its uranium projects.