Drill Results
Noble Mineral notes Homeland Nickel exploration update

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Executive Summary
- Homeland Nickel received Forest Service approval to drill 44 sonic holes at its wholly‑owned Red Flat nickel laterite project in Southern Oregon, pending a NEPA review.
- The company staked 196 mining claims (4,050 acres) at Woodcock Mountain, an area with historic assays exceeding 1 % Ni and a 15‑ft interval grading 1.5 % Ni.
- Management indicated the goal to complete drilling by early fall 2025, subject to expedited NEPA evaluation.
Key Details
- Surface Use Determination (SUD): Forest Service approved all 44 planned sonic holes at Red Flat, with minor condition to relocate one hole by 30 ft and request independent sampling of drill results.
- Drilling Timeline: Anticipated start in early fall 2025, contingent on NEPA evaluation; company will meet with the Gold Beach ranger (target early September) to advance the process.
- Woodcock Mountain Claims: 196 mining claims covering 4,050 acres staked; area identified by USGS for significant nickel laterite mineralization.
- Historical Assays: Woodcock Mountain contains historic assays >1.0 % Ni and a 15‑ft interval grading 1.5 % Ni.
- Geological Context: Woodcock Mountain lies within the same formation as Cleopatra, Red Flat, and Eight Dollar Mountain; all four properties are outside the designated withdrawal area, facilitating permitting.
- Exploration Goal: Define resources across the four properties (Red Flat, Woodcock Mountain, Cleopatra, Eight Dollar) as expeditiously as possible.
- Qualified Person: Stephen J. Balch, BSc, PGeo No. 2250 (Ontario), President & CEO of Homeland Nickel, has verified and approved the technical content under NI 43‑101.
Notable Quotes
“The Forest Service has approved our drill program subject to a NEPA evaluation. While we are very pleased with this result, we are unsure of the timeline for the NEPA evaluation but are hoping to complete the drill program in the early fall of 2025, if such an evaluation can be expedited.” – Steve Balch, President & CEO
“With Woodcock Mountain, we now have four large properties to explore, all with significant nickel laterite exposures… We will push our exploration efforts on all four properties with the goal of defining resources as expeditiously as possible.” – Steve Balch, President & CEO
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Aug 04, 2026 · 07:31