Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
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Homerun Resources Inc. and UC Davis Produce Fused Silica Glass from SME Silica Sand Using Fast Joule Heating and File Patent Application for Femtosecond Silica Purification Process

Building a vertically integrated silica-to-solar powerhouse in Brazil.

Executive Summary

The most recent news (March 10, 2026) announces a major technological milestone: the successful production of fused silica glass from raw sand using a "Fast Joule Heating" (FJH) process in collaboration with UC Davis. This process is "green" (no chemical reagents) and uses off-the-shelf equipment for scaling. Simultaneously, the company filed a patent for a femtosecond laser purification process. This follows a string of material updates in early 2026, including a commercial LOI with Jundu Ltda for silica supply/processing (March 3), the completion of a "District Control Strategy" via a $1.1M land acquisition (Feb 2), and a five-fold increase in a solar glass offtake agreement with Sengi Solar to 100,000 tonnes per year at $750/tonne (Jan 28).

Material Impact

The recent news is Material - Positive because it validates the company's ability to move up the value chain from raw sand to high-margin advanced materials (fused silica) using proprietary, environmentally friendly technology. - De-risking: The LOI with Jundu and the SORG Group partnership for the solar glass plant significantly de-risk the "execution" phase of their business plan. - Revenue Potential: The Sengi Solar offtake amendment alone represents a potential $75M USD annual revenue stream ($750 x 100k tonnes), which is massive relative to the company's current scale. - Strategic Control: By securing 582 hectares of land and surface rights, the company now controls the entire "Silica Hub" footprint, preventing competitors from encroaching on their feedstock or infrastructure.

HMR · Price
Company Overview

Homerun Resources is developing the Santa Maria Eterna (SME) Silica Sand Project in Bahia, Brazil. The project boasts a high-purity silica resource (99.6% SiO2) with a maiden resource of 63.9M tonnes. The company's strategy is vertical integration: extracting silica, purifying it using proprietary laser/thermal tech, and manufacturing antimony-free solar glass and energy storage solutions.

Read the original news release →

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