Homeland finds 14 km of uranium potential at Coyote

Mr. Roger Lemaitre reports HOMELAND'S PHASE I PROGRAM CONFIRMS 14 KM OF URANIUM STRIKE POTENTIAL AT THE COYOTE BASIN PROJECT, COLORADO, UNITED STATES Homeland Uranium Corp. has released 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. Highlights Confirmed 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 project The 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 project. 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 counts per second). 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 data set acquired last year," stated Roger Lemaitre, president and chief executive officer 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 in outcrop was 400 cps occurring in the area of historical drill hole CB-106, located at the south end of the mapped extent of Horizon 1. The southern and western extent of the four horizons was not mapped by the company any significant distance to the south beyond the location of this anomalous sample. Homeland considers the area to the south of this outcrop to be prospective to hosting additional strike extensions of the four horizons. Elevated radioactivity was also found along the northern end of Horizon 2, which also remains open for farther strike extension to the north. The highest zone of radioactivity occurs in the Open Gulch area within horizons 1 and 2 in the vicinity of Western Mining's historical drilling. As part of the upcoming phase II exploration program Homeland will drill test the Open Gulch area, which Western Mining reported to host the bulk of the historical uranium resource present on the Coyote basin project. The objective of the phase II program will be to confirm the presence of uranium mineralization in the subsurface, determine the location of higher-grade zones within the known historical mineralized horizons and to commence the process of determining the project's uranium and vanadium resources in compliance with National Instrument 43-101. A total of 89 rock samples have been collected within the Coyote basin property and sent to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Sask., for analysis. Geochemical results for all 89 samples are pending. Red Wash project Mapping and prospecting activities at Red Wash was restricted to the western section of the property. prospecting confirmed the presence of a continuous weakly radioactive horizon ranging up to two-times background, up to 109 cps. A total of five rock samples were collected and sent to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Sask., for analysis. Geochemical results of these samples are still pending at this time. The company anticipates that an additional follow-up mapping and prospecting program in the summer of 2026 will be required at Red Wash in order to identify potential future drill targets. Radiometric and geochemical sampling procedures Radioactivity at surface and in outcrop was detected using a CT007-M microR Meter scintillometer, which was calibrated by Gamma Guard through Environmental Instruments Canada Inc. All rock samples were delivered to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Sask., for preparation, processing and multielement analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl). The SRC is an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory. About Homeland Uranium Corp. Homeland is a mineral exploration company focused on becoming a premier United States-focused and resource-bearing uranium explorer and developer. The company is the 100-per-cent owner of the Coyote basin and Red Wash uranium projects in northwestern Colorado. The Coyote basin project is reported by Energy Metals Corp. in its management discussion and analysis dated Nov. 14, 2006, filed with the U.S. Securities and Exchange Commission to contain an estimated historical resource of 8.85 million tons grading 0.20 per cent U3O8 (triuranium octoxide) and 0.10 per cent V2O5 (vanadium pentoxide) totalling 35.4 million pounds of U3O8 and 17.7 million pounds of V205. This resource was calculated by the previous project operator, Western Mining Resources, based on a 1978 to 1979 program of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes. The company is not treating this historical resource as current mineral resources and the reader is cautioned not to rely on it. The reader is cautioned that a qualified person (as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101)) has not done sufficient work to classify the historical resource as current mineral resources or mineral reserves nor can the company or the QP comment on the quality or verify the data obtained from the assay sampling program used to determine the historical resource estimate, as this information was not included in the historical reports acquired by Homeland. The company is not treating the historical resource as current mineral resources or mineral reserves and the company and the qualified person is unable to compare the historical resources to the CIM's current resource classification system at this time. The Coyote basin project and any future NI 43-101 mineral resource estimate will require considerable further evaluation. Qualified person Nancy Normore, PGeo, the company's vice-president, exploration, is a qualified person as defined in NI 43-101, and has reviewed and approved the technical content of this news release. We seek Safe Harbor.