Mr. Roger Lemaitre reports
HOMELAND INITIATES SURFACE MAPPING PROGRAM AT THE CROSS BONES URANIUM PROJECT, COLORADO
Homeland Uranium Corp. has commenced a detailed geological mapping, prospecting and sampling program at its 100-per-cent-owned Cross Bones uranium project, located near Dinosaur, Colo.
The mapping program is designed to verify historically reported radioactive occurrences, assess the distribution and characteristics of uranium mineralization at surface, and identify new areas of elevated radioactivity. The program will also support refinement of geological targets in advance of a future drilling program anticipated in the second half of 2026. Mapping and prospecting activities are expected to be completed over a period of approximately one month.
The program will evaluate three prospective priority target areas, which will be assessed sequentially based on exploration potential. The highest-priority mapping area encompasses the area surrounding the Cross Bones uranium deposit (formerly called the Skull Creek uranium deposit) based on drilling completed in 1978 to 1979 by Anschutz Uranium Corp. and Ashland Minerals. Bluerock Resources conducted follow-up drilling in 2006.
The Cross Bones uranium deposit outcrops at surface and is hosted within the Sego sandstone and possibly the Isles formation, a member of the Upper Cretacous-age Mesaverde Group formation. The Sego sandstone and Iles formation are overlain by the younger Upper Cretaceous-age Williams Fork formation and the Palecocene-age Fort Union formation, the target horizon at the company's Coyote Basin project.
The company recently acquired a second data set for the Cross Bones project (see the company's news release of Feb. 26, 2026), which included key historical exploration information such as drill hole locations, surface radioactivity and outcrop sampling results that were not previously in Homeland's possession. The amalgamation of the new data set with Homeland's existing data has had a significant positive impact on the company's understanding of the Cross Bones uranium project and the historical uranium mineralization encountered on the property. This new data set saves the company several millions of dollars of future exploration costs that will not have to be incurred and at least one year of exploration effort.
Roger Lemaitre, president and chief executive officer of Homeland Uranium, stated: "The new data set acquisition has allowed the company to accelerate our original exploration program and will allow us to focus more efficiently at defining mineralization at Cross Bones. This mapping program is an important step in tying together our understanding of geology of the Cross Bones project and refining the drill target selection process for the known mineralized area, as well as identifying other areas on the property for future work."
Further updates will be provided as the mapping program progresses and results are compiled and interpreted.
About Homeland Uranium Corp.
Homeland Uranium is a mineral exploration company focused on becoming a premier United States-focused and resource-bearing uranium explorer and developer. The company is 100-per-cent owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado.
Qualified person
Nancy Normore, PGeo, the company's vice-president, exploration, is a qualified person as defined in National Instrument 43-101, and has reviewed and approved the technical content of this news release.
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