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Homerun Resources Inc. NI 43-101 Technical Report on the Tatooine Silica Project
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Homerun Resources Inc. ...
About this update from Homerun Resources Inc.
[{"type":"text","content":"Homerun Resources Inc. NI 43-101 Technical Report on the Tatooine Silica ProjectVancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) (\"Homerun\" or the \"Company\") is pleased to announce that the Company has SEDAR filed the NI 43-101 Technical Report on the Tatooine Silica Project, prepared by Jason K. McLaughlin, B.Sc., PGeo.The Tatooine Silica Project covers an area of approximately 5,100 hectares, located directly adjacent to the community of Brisco, British Columbia and BC Highway 95, and approximately 65 kilometres southeast of Golden, BC, which is home to the Moberly Mine, a past-producing high-purity silica mine in the same lithological unit as the Tatooine Silica Project.NI 43-101 Technical Report - Interpretation and Conclusionshttps://homerunresources.com/tatooine-silica/The Tatooine Property is situated in southeastern British Columbia where primary industry, especially mining and forestry, are fundamental components of the regional economy. The location boasts a trained work force and excellent infrastructure including rail, highways and high-voltage power lines crossing parts of the claim boundary. No obvious impediments to the exploration and development of the Project are present.The Mount Wilson Formation, a ridge-forming Middle to Upper Ordovician unit, is the largest resource of silica in the province of British Columbia (1). Digital maps published by the BC Geological Survey indicate a repeated sequence of lithological units, including the Mount Wilson Formation, occurring on the Tatooine Property and ground-based exploration conducted at the Project in 2022 and 2023 have identified quartzite units of significant width and strike length.Geochemical analysis of multiple samples taken in this quartzite unit has demonstrated consistent, high-purity silica grades, exceeding 98% (with recent sampling by the Company averaging 98.8% SiO2 (2)). High-purity silica is the standard material used in the creation of nearly all semiconductors and solar panels and is used in a wide range of other products including fiber optics, energy storage, and biotechnology. Current market trends suggest that demand for high-purity silica will continue to increase in conjunction with the growing focus on renewable energy, expanding use of microchips, and ...