Business
Homerun Resources Inc. Completes District Control Strategy with Purchase Agreement for 582 Hectares of Land and Surface Rights over Santa Maria Eterna High Purity Silica Sand District, in Belmonte, Bahia, Brazil
KEY HIGHLIGHTS: Purchase of 582-hectare Fazenda Conjunto São José e Nova Esperan...
About this update from Homerun Resources Inc.
[{"type":"text","content":"Homerun Resources Inc. Completes District Control Strategy with Purchase Agreement for 582 Hectares of Land and Surface Rights over Santa Maria Eterna High Purity Silica Sand District, in Belmonte, Bahia, BrazilKEY HIGHLIGHTS:Purchase of 582-hectare Fazenda Conjunto São José e Nova Esperança in the Santa Maria Eterna (SME) Silica Sand District, directly adjacent to Homerun's recently secured 64-hectares of surface rights targeted for the Company's silica processing and solar glass industrial complex. (see press release dated December 15, 2025).The land generally overlies the adjacent high-purity, low-iron silica sand mineral rights in the SME Silica Sand District, already subject existing Material Supply Agreements with Homerun, tying together ownership, access and long-term feedstock security. (see press release dated July 22, 2023).With this transaction, together with previous CBPM mineral lease acquisitions and long-term supply and surface rights agreements, Homerun has completed the District Control Strategy initiated in Q1 2023 and secures long-life economic interests and control over the SME Silica Sand District, providing security of supply, scale and the location for the Company's planned high purity silica sand industrial complex.Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) (\"Homerun\" or the \"Company\") is pleased to announce that the Company has signed a purchasing agreement (the \"Agreement\") over the FAZENDA CONJUNTO SÃO JOSÉ E NOVA ESPERANÇA, located in the Municipality of Belmonte, Bahia, Brazil, in the district of Santa Maria Eterna (\"SME\"). The Agreement covers a total area of 582 hectares and represents the final component of the District Control Strategy initiated in Q1 2023 and secures long-life economic interests and control over the SME Silica Sand District, providing security of supply, scale and the location for the Company's planned high purity silica sand industrial complex.Completing the SME District Control StrategyOver the past three years, Homerun has executed a staged consolidation strategy over the SME Silica Sand District, starting with a stated plan but no initial position in the SME District, the Company has now secured mineral leases, supply agreements, surface rights and now di...