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Homeland Commences Phase 1 Program at Coyote Basin and Red Wash Uranium Projects in Colorado: Executive Orders Issued to Grow American Nuclear Power Capacity
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Homeland Uranium Corp. (TSXV: H...
About this update from Homeland Uranium Corp.
[{"type":"text","content":"Homeland Commences Phase 1 Program at Coyote Basin and Red Wash Uranium Projects in Colorado: Executive Orders Issued to Grow American Nuclear Power CapacityVancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Homeland Uranium Corp. (TSXV: HLU) (\"Homeland\" or the \"Company\") announces that field crews have mobilized to the Company's Coyote Basin and Red Wash uranium projects in northwestern Colorado to commence the Phase 1 exploration program. The Phase 1 exploration program consists of 1:20,000 scale geological mapping, prospecting, rock sampling and a 1,545 line km (960 line-mile) UAV airborne magnetic survey. The Company has contracted the Axiom Exploration Group (\"Axiom\") to provide the technical personnel required to conduct the program.The objective of the Phase 1 program at Coyote Basin is to confirm the location of the known mineralized horizons in advance of the anticipated Phase 2 fall exploration program, which is planned to conduct confirmatory drilling designed to convert historical resources into a resource estimate consistent with NI 43-101 requirements. While the Company has acquired historical drilling data for the project, the location of historical drill holes and rock samples are not sufficiently accurate to commence the Phase 2 program without prior confirmation in the field.The objective of the Phase 1 program at the Red Wash Project is to identify potential areas for follow-up exploration and to evaluate the uranium potential of the Urangesellschaft Uranium Showing. Historical work identified a uranium anomaly hosted in sandstone rocks that returned 350 ppm U3O8 that remains untested by drilling1.On May 23, 2025, the White House issued several Executive Orders relating to nuclear energy (found here) with the aim of strengthening the domestic nuclear fuel cycle, streamlining environmental reviews, reforming the Nuclear Energy Commission, deploying advanced nuclear reactor technologies, and more. Homeland believes these Executive Orders have the potential to accelerate the Company's exploration permitting process and project approvals should future development be warranted. Roger Lemaitre, President & CEO, stated, \"Homeland is excited to begin the process of evaluating the quality and potential of the Coyote Basin Project. The Phase 1 program will help us better focus our planned fall dri...