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Homeland Continues to Extend Near-Surface Anomalous Radioactivity at Coyote Basin Uranium Project
Elevated radioactivity confirmed over an area measuring approximately 1,000 m by 600 m and remain...
About this update from Homeland Uranium Corp.
[{"type":"text","content":"Homeland Continues to Extend Near-Surface Anomalous Radioactivity at Coyote Basin Uranium ProjectElevated radioactivity confirmed over an area measuring approximately 1,000 m by 600 m and remains open for expansion.Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) (\"Homeland\" or the \"Company\") is pleased to provide a third update on the Phase II exploration drilling program at the 100% owned Coyote Basin Uranium Project (the \"Project\") (see Figure 1).An additional eight Reverse Circulation (RC) drillholes, CB-RC-0035 to CB-RC-0042, have been completed as part of the ongoing Phase II drill program (see Figure 2). Based on drilling completed to date, elevated radioactivity has now been confirmed over an area measuring approximately 1,000 m (3,280 ft) by 600 m (1,968 ft) and remains open for expansion. Approximately 3,400 m (11,155 ft) of the planned 5,300 m (17,388 ft) of the Phase II drilling program have been completed to date, representing roughly 64% of the total planned drilling.Drillholes CB-RC-0035 to CB-RC-0040 (see Figure 2) were completed on a single east-west oriented drill fence located approximately 200 m (656 ft) south of the previously reported drilling, continuing the systematic step-out approach designed to evaluate the lateral extent of anomalous radioactivity across the Project area (see the Company's news release dated December 22, 2025 available at https://www.homeland-uranium.com/news-releases/2025/homeland-confirms-southward-continuity-of-anomalous-radioact2025-12-22-010502 or at the Company's profile on SEDARplus.ca). Downhole Spectral Gamma Ray Counts Per Second readings from these most recent drillholes continue to demonstrate the presence of elevated radioactivity occurring at relatively shallow depths, typically between approximately 50 and 100 m (164-328 ft) below surface. The radiometric response and rock-types observed on this drill fence are consistent with earlier drilling, as anomalous radioactivity continues to be associated with shales, claystones, and fine-grained sandstones of the Upper Member of the Fort Union Formation.Drillholes CB-RC-0041 and CB-RC-0042 (Figure 2), which comprise part of the planned southernmost east-west drill fence, also continue to exhibit elevated radioactivity at shallow depth...