Mr. Roger Lemaitre reports
HOMELAND IDENTIFIES NEW RADIOMETRIC SURFACE SHOWING AT THE CROSS BONES URANIUM PROJECT, COLORADO
Homeland Uranium Corp. has completed its detailed surface geological mapping, prospecting, radiometric surveying and rock sampling program at the company's 100-per-cent-owned Cross Bones uranium project, located near Rangely, Colo.
The highlight of the program was the discovery of a new area of surface radioactivity approximately 4.5 kilometres (2.8 miles) east-southeast and along strike of the Blue Flame adit area, where the Cross Bones uranium deposit is observed in outcrop. This new surface radiometric showing was not documented in any of the previous reports or in rock sample data acquired by the company during its two data purchases, nor does it appear in United States Geological Survey MRDS database or in the Colorado Geological Survey's Report ON-B-40D Radioactive Mineral Occurrences of Colorado and Bibliography. Note that field radiometric readings are qualitative in nature and are intended only to indicate relative levels of radioactivity.
Significant radioactivity ranging from 450 to 3,400 counts per second was detected in outcrop from sandstone, shale and thin coal units within the Sego Sandstone formation, over a strike length of 500 metres (1,640 feet). The company has named this new radiometric showing the East Ridge showing.
In addition to the discovery of the East Ridge showing, several notable radiometric results were identified during the mapping program. In Area 1B, outcrops located west of the surface expression of the Cross Bones deposit returned 4,000 cps and 3,000 cps using the CT007-M instrument. One sample east of the outcropping expression of the Cross Bones uranium deposit returned 2,200 cps (CT-007) and one other sample returned 2,200 cps using a portable gamma-ray spectrometer PGIS-2.
In Area 2B, one sample was collected from a carbonaceous shale outcrop that returned field radiometric readings of approximately 600 cps (CT-007). Area 2B contains the historical Urangeschellshaft showing and is also south of Pioneer Minerals' Countryline prospect, which contains a high-grade rock sample returning 4,257 parts per million U3O8 (triuranium octoxide) located adjacent to the Cross Bones property boundary.
"The discovery of a previously unknown 500 m long surface radiometric anomaly along strike of a known uranium deposit in an existing uranium mining jurisdiction is definitely uncommon and extremely encouraging. In addition to the East Ridge radiometric discovery, the spring program at Cross Bones identified several areas of elevated radioactivity and has helped corroborate the historical exploration work completed by BlueRock, Ashland and Anschutz that will help with drill targeting in the immediate the Cross Bones deposit area. This program has strengthened the company's conviction that the Cross Bones project is a compelling exploration story," stated Roger Lemaitre, president and chief executive officer of Homeland Uranium.
The mapping program commenced on April 22, 2026, and was completed on May 23, 2026. Exploration activities focused on priority target areas designated 1A and 1B (Blue Flame area), 2A, 2B, and 3 (East Ridge), where the company completed detailed geological mapping, prospecting, radiometric surveying and selective rock sampling. Radiometric surveying was completed across the project using a PGIS-2 portable gamma-ray spectrometer. The radiometric survey and mapping were generally carried out at 200 m (656 ft) line spacings with tie lines inserted depending on the length of the survey lines. Based upon these results, additional mapping and prospecting is warranted in the East Ridge area.
Background radioactivity across the project area is generally observed to range between approximately 25 and 80 counts per second (cps) using the CT007-M instrument. For the PGIS survey, background radioactivity is estimated to range up to approximately 300 cps. Samples exhibiting elevated radiometric response generally above 80 cps (CT-007) were selected for laboratory analysis, resulting in 67 samples (including duplicates) that will be submitted to Paragon Geochemical Laboratories (Paragon) in Sparks, Nev., for sample preparation and multielement analysis (Table 1).
Data collected during the mapping program is currently undergoing compilation and interpretation in combination with the company's historical exploration data set. Results from the program are expected to contribute to the company's geological understanding of uranium mineralization on the property and assist in refining targets for future drill programs at the Cross Bones deposit, the East Ridge showing and other areas on the property.
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 Cross Bones and Coyote basin uranium projects in northwestern Colorado.
Sampling and QA/QC (quality assurance/quality control)
Rock samples were collected selectively from outcrop and mineralized exposures and are considered grab samples, which are inherently selective in nature and may not be representative of underlying mineralization. Samples were placed in sealed bags and transported under chain of custody procedures to Paragon Geochemical Laboratories in Sparks, Nev., for preparation and analysis. Certified reference materials, blanks and duplicates will be inserted into the sample stream at regular intervals as part of the company's quality assurance and quality control procedures. Analytical work will include Paragon's PREP-PKG sample preparation and 48-element multiacid digestion with ICP-MS analysis. Paragon's methods are ISO 17025:2017 accredited and valid through multiple international proficiency testing programs.
Qualified person
Roger Lemaitre, PEng, PGeo, the company's president and chief executive officer, is a qualified person as defined in National Insturment 43-101, and has reviewed and approved the technical content of this news release.
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