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Homeland's Phase I Program Confirms 14 km of Uranium Strike Potential at the Coyote Basin Project, Colorado, United States
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Homeland Uranium Corp. (TSXV: H...
About this update from Homeland Uranium Corp.
[{"type":"text","content":"Homeland's Phase I Program Confirms 14 km of Uranium Strike Potential at the Coyote Basin Project, Colorado, United StatesVancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) (\"Homeland\" or the \"Company\") is pleased to report the initial results from the 2025 Phase I bedrock mapping program for the Coyote Basin and Red Wash Uranium Projects in Moffat and Rio Blanco Counties in northwestern Colorado.HighlightsConfirmed both the presence and location of four variably radioactive stratigraphic horizons.Anomalous radioactivity persists within thin beds along intermittent outcrop exposures of mapped horizons along strike for approximately 14 km.Final preparations underway for Phase 2 drilling program anticipated to commence in late Q3 early Q4.Coyote Basin ProjectThe Phase I program has confirmed both the presence and location of the four variably radioactive stratigraphic horizons previously identified in the late 1970s during the historical exploration work completed by Western Mining, a previous operator of the project1 (see Figure 1). The Company's mapping focused on areas identified proximal to previous drilling and showed elevated radioactivity up to nearly eight times background levels (up to 400 cps2). The highest radioactivity detected by the Company was found within Horizon 2. The Phase I program confirmed that anomalous radioactivity persists within beds along intermittent outcrop exposures of mapped horizons along strike for approximately 14 km. The four horizons are all members of the Fort Union Formation.\"Homeland is excited that the mapping results confirm the presence and location of anomalous radioactivity along the same outcrop locations as those found by Western Mining in the 1970s. Even more exciting, the location of the anomalously radioactive horizons mapped by the Company appear to be consistent with the horizon locations indicated in Western Mining's exploration reports included in the property dataset acquired last year,\" stated Roger Lemaitre, President & CEO of Homeland Uranium. \"We eagerly await federal and state approval of our Notice of Intent permit application currently being reviewed by the regulators and then ultimately the commencement of the Phase II drilling program this fall.\"The highest radioactivity detected i...