Homerun Resources Inc. Thermal Pre-Treatment with Acid Leaching Produces Plus 4N Silica Sand Supporting Bulk Sample Distribution and Advanced Materials Development
Homerun ships plus-four nitrogen silica samples while maintaining a cash balance of less than one million dollars.
Homerun Resources Inc. (HMR) announced that Anzaplan testwork produced bulk purified silica material grading above 99.99% SiO2, or +4N silica, from the Santa Maria Eterna, or SME, silica sand district in Belmonte, Bahia, Brazil.
The company has shipped bulk samples to prospective customers for product qualification and to UC Davis for advanced materials development.
The preferred result came from 2-hour thermal pre-treatment followed by acid leaching, delivering total impurities of 81 ppm. Homerun says the best result was achieved with the lowest heating duration tested, which may reduce energy consumption, operating cost, and thermal equipment demand in future scale-up.
This update references prior work announced July 9, 2026 and is an operational/technical milestone, not a commercial agreement or financing event.
Homerun Resources Inc. (HMR) issued an incremental update on July 9, 2026, confirming calcination followed by acid leaching as the preferred processing pathway for its material. The announcement included a specific bulk-sample impurity figure of 81 ppm and confirmed that samples have been shipped for qualification.
The company noted that a lower heating duration represents a process development positive, suggesting a potentially lower-cost route. However, the work remains in the lab and technical validation phase, with no binding sales contracts or funding events associated with the announcement.
Prior-period context from Q1 2026 financials was not disclosed in today’s release. The reported financial picture remains weak: Q1 2026 revenue was only $38,375, net loss was $1.19 million, cash was $712,556 at March 31, 2026, and operating cash flow was negative $811,240 for the quarter. The company’s MD&A explicitly flags going-concern risk and dependence on additional capital.
The stock closed at $0.47 on the release date, unchanged from the prior two sessions.
Homerun Resources Inc. (HMR) is developing a vertically integrated silica platform centered on the Santa Maria Eterna silica sand district in Bahia, Brazil. The company’s strategy encompasses high-purity silica, advanced silica materials, solar glass, long-duration thermal energy storage, and AI-enabled energy solutions through its subsidiary, Homerun Energy.
The project’s flagship asset is a planned 1,000 tonne-per-day solar glass plant. According to the Bankable Feasibility Study dated May 12, 2026, the base-case net present value (NPV) is approximately US$670 million, with an internal rate of return (IRR) of 20.2%. The study estimates total initial capital expenditure (capex) at approximately US$396.5 million. The project is not yet financed or under construction.