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Homeland Expands Drilling to Central Area of Coyote Basin Uranium System
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Homeland Uranium Corp. (TSX...
About this update from Homeland Uranium Corp.
[{"type":"text","content":"Homeland Expands Drilling to Central Area of Coyote Basin Uranium SystemVancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) (\"Homeland\" or the \"Company\") is pleased to provide a fourth update on the Phase II exploration drilling program at the 100% owned Coyote Basin Uranium Project (the \"Project\") (Figure 1).Phase II drilling has advanced with the completion of an additional five Reverse Circulation (\"RC\") drillholes, CB-RC-0043 to CB-RC-0047 (see Figures 2 and 3). A total of approximately 3,777 metres (12,392 feet) of the planned 5,300 metres (17,388 feet) has now been completed, representing approximately 71% of the Phase II drilling program.Drillholes CB-RC-0043 to CB-RC-0045 (Figure 2) were completed in the southern portion of the Project area. This drilling continues the systematic step-out strategy designed to evaluate the lateral and southern extent of anomalous radioactivity across the Project area. Downhole probe results from this fence continue to demonstrate a laterally continuous horizon of elevated radioactivity extending approximately 1,000 metres (3,280 feet) east-west by 600 metres (1,968 feet) north-south, andremains open to further expansion to the south and east.Elevated radioactivity typically occurs at relatively shallow depths, generally between approximately 50 and 100 metres (164-328 feet) below surface. The radiometric response and lithologies encountered in Holes CB-RC-0043 through CB-RC-0045 are consistent with those observed in the Company's previously reported drill holes (see the Company's news release dated December 15, 2025, December 22, 2025 and January 8, 2026, available on the Company's website at https://www.homeland-uranium.com/news-releases or under its profile on SEDARplus.ca). Anomalous radioactivity is observed primarily within the shales, claystones, and fine-grained sandstones of the Upper Member of the Fort Union Formation. A potential second zone of elevated radioactivity was observed below approximately 220 metres (722 feet) in drillhole CB-RC-0023 and remains open for follow-up during future drilling programs.Drilling has now shifted to the central portion of the Project with drillholes CB-RC-0046 and CB-RC-0047 (Figure 3), which comprise part of a planned northeast-southwest oriented drill fence de...