Business
Homeland to Acquire Historical Uranium Resources at Skull Creek
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homeland Uranium Corp. (TSXV...
About this update from Homeland Uranium Corp.
[{"type":"text","content":"Homeland to Acquire Historical Uranium Resources at Skull CreekVancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) (\"Homeland\" or the \"Company\") is pleased to announce that it has entered into an agreement to acquire the Skull Creek Uranium Project (\"Skull Creek\" or 'the Property\") in Moffat County, Colorado. Skull Creek is located adjacent to the Company's Red Wash Project and is approximately 20 miles (33 km) west of Homeland's flagship Coyote Basin Uranium Project (see Figure 1). The Property is being acquired from Hightest Resources (\"Hightest\"), a privately-owned Nevada-based private prospect generator. SCP Resource Finance acted as advisor to the Company on the transaction.HighlightsHistorical resource estimate reported for the property of 44.2 M lbs U3O8 at an average grade of 0.31% U3O8 (see cautionary note on historical estimates below).Uranium mineralization has been observed at surface and extends at depth to as much as 800 ft vertical, according to down hole gamma probing data currently in the Company's possession.The Property is 1,489 acres (3,6780 ha) in size and consists of 154 unpatented mining claims administered by the US Bureau of Land Management (\"BLM\") and one state of Colorado exploration lease.The Property has potential synergies with the adjacent Red Wash project and the Company's nearby Coyote Basin Project.The Company is renaming the mineralization the Cross Bones Deposit.\"We are thrilled to add a substantial historical uranium deposit to our portfolio, strategically located in close proximity to our existing assets in mining-friendly Colorado. This addition offers significant potential for operational synergies and further strengthens our position in the region. With this acquisition, our asset base will be anchored by a dominant land package with two considerable historical uranium deposits with outstanding expansion potential. We are eager to launch a major drill program aimed at systematically upgrading these historical resource estimates to modern standards, while continuing to demonstrate the scale and growth potential of our portfolio,\" stated Roger Lemaitre, President & CEO of Homeland. A historical resource estimate was reported for Skull Creek in Energy Metal Corp's September 30, 2006 quarterly finan...