Homeland Reports up to 1,820 ppm U from Surface Sampling at Cross Bones, Confirming Uranium Mineralization Across Multiple Targets

Homeland Uranium Corp. (HLU) released surface sampling results from its Cross Bones Uranium Project in Colorado on July 30, 2026. In the Blue Flame Area, the company reported a high-grade sample of 1,820 ppm U (2,146 ppm U3O8 equivalent), accompanied by elevated vanadium values reaching 1,640 ppm V. A newly identified "East Ridge Showing," situated 5 km east-southeast of the main deposit, returned uranium values between 106 and 231 ppm U over a 500-meter strike length. Meanwhile, the West Area yielded lower values ranging from 3.4 to 13.6 ppm U.

Concurrently, the company published the final assay results from the 2025-2026 reverse circulation drill campaign at the Coyote Basin project. All 25 analyzed holes returned uranium concentrations of 30 ppm U or less, with a single exception intersecting 1.52 m of 67 ppm U. Samples from Coyote Basin are being submitted to the Saskatchewan Research Council (SRC) for independent verification to address potential uranium disequilibrium. Management has also announced plans for an inaugural diamond drill program at Cross Bones in fall 2026, which aims to twin historical holes and confirm mineralization continuity.

Homeland Uranium Corp. (HLU) released surface sampling results from the Cross Bones property, a logical follow-up to the May and June 2026 mapping program that first identified the East Ridge Showing and high radiometric anomalies. The market had already anticipated these results following the permit announcement on July 27, 2026.

In contrast, assay results from the Coyote Basin were disappointing, aligning with the April 30, 2026 update. These findings confirm that near-surface radioactivity does not translate to high-grade uranium mineralization at this stage. Consequently, the company’s exploration focus and capital allocation have shifted entirely to Cross Bones.

The reliance on independent verification for Coyote Basin, necessitated by uranium disequilibrium, adds a layer of technical uncertainty that further delays any potential resource estimation for that asset. The news validates the company's pivot to Cross Bones and sets the stage for fall drilling, but provides no new resource definition or financial impact.

Homeland Uranium Corp. is a pre-revenue junior explorer focused on uranium-vanadium projects in the Colorado Plateau. Its flagship assets include the Coyote Basin and Cross Bones projects, encompassing over 37,000 acres across Moffat and Rio Blanco Counties. The company is in the early-stage exploration phase, relying on historical data from previous operators, including Western Mining, Ashland, and BlueRock, to guide modern exploration. No current NI 43-101 mineral resources or reserves are reported, and historical estimates are referenced but explicitly not treated as current resources.