Northwire Canada EditionTuesday, July 14, 2026
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EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6%
Drill Results Routine +

Homeland Completes Phase II Drilling at Coyote Basin Confirming Extensive Near-Surface Radioactivity

Homeland Completes Phase II Program but Investors Remain in the Dark on Chemical Uranium Grades

By The Northwire Desk — AI Analysis Feb 10, 2026 · 04:01 HLU · 0.365 Homeland Uranium Corp.
Executive Summary

The news release dated February 10, 2026, announces the completion of the Phase II drilling program at the Coyote Basin Uranium Project in Colorado. Homeland Uranium Corp. (HLU) completed 33 Reverse Circulation (RC) holes totaling 5,423 meters, slightly exceeding the planned 5,300 meters. The company reports that all completed drillholes intersected "elevated and locally anomalous radioactivity," which the CEO claims confirms the presence of near-surface mineralized systems across the central and southern portions of the project. However, the results are currently based on downhole probe readings (counts per second), and geochemical assay results are still pending from the laboratory.

Material Impact

The impact is Routine - Positive. While the completion of the program is a necessary operational milestone and confirms the presence of a radioactive system, it does not yet provide the "proof of concept" required for a material re-valuation. - Confirmation vs. Quality: Downhole radioactivity is a proxy for uranium but is subject to disequilibrium (where the radiation does not match the actual uranium content). Without chemical assays, the grade and economic viability remain speculative. - Historical Context: The company continues to lean on a historical (non-compliant) resource estimate of 35.4M lbs U3O8. While Phase II confirms the "scale" of the system, it has not yet validated the grade of this historical data to modern standards. - Execution: The company is executing on its timeline (Phase II completed in Q1 2026), demonstrating management competence in logistics and permitting.

HLU · Price
Company Overview

Homeland Uranium Corp. is a junior explorer focused on domestic US uranium supply. - Flagship Project: Coyote Basin (100% owned), located in Moffat and Rio Blanco counties, Colorado. - Geology: Hosted in the Fort Union formation. Mineralization is near-surface (typically 50-100m depth). - Flagship Asset Status: Exploration stage. It holds a historical resource estimate of 8.85 million tons at 0.20% U3O8 (35.4 million pounds) and 0.10% V2O5. - Secondary Assets: Skull Creek (Cross Bones deposit - historical 44M lbs U3O8) and Red Wash (grassroots).

Read the original news release →

More from Homeland Uranium Corp.

Jun 01, 2026 · 07:01

New Surface Radiometric Anomaly Discovered at Cross Bones Project Extends Drill Target Zone in Colorado

Drill Results May 05, 2026 · 08:01

Homeland Uranium Shifts Focus to Cross Bones Amidst Flagship Grade Disappointment and Stock Plunge

Production / Operations Apr 30, 2026 · 07:01

Homeland Uranium Assays Disappoint as Grade Uncertainty Weighs on Coyote Basin Valuation

Drill Results Feb 26, 2026 · 11:44

Homeland Uranium adds data for Cross Bones

M&A / Property Feb 26, 2026 · 04:01

Homeland Uranium expands Colorado district footprint with Cross Bones data and ongoing Coyote Basin exploration, signaling a data-driven push toward domestic uranium development

M&A / Property Feb 10, 2026 · 12:03

Homeland Uranium completes phase 2 drilling at Coyote

Drill Results