Core Insights - Homeland Nickel Inc. announced positive exploration results from its Eight Dollar Mountain nickel laterite property, with nickel assay values ranging from 0.21% to 2.21% and an average of 0.67% [3][5][8] Exploration Results - In June 2025, the company collected 56 surface samples from the Eight Dollar property, indicating the presence of nickel laterite [3][5] - The highest assay value recorded was 2.21% Ni, taken from a shallow historical pit, while the average grade was higher than the expected 0.4-0.5% Ni [5][8] Future Plans - The company plans to return to the Eight Dollar property for an expanded sampling program to estimate the extent of the laterite [5][8] - Homeland Nickel is also awaiting approval for its Plan of Operation for the Red Flat Nickel Laterite Project, which has faced delays [8][12] Property Details - The Eight Dollar Mountain Property is located 4 km west of Selma, Oregon, and is accessible via paved roads [7] - Previous exploration efforts in the 1950s and 1970s identified several zones of nickel laterite, but no resources were published [7] Quality Assurance - Sample collection and quality control were managed by a qualified person, ensuring the integrity of the assay results [10][12] Company Overview - Homeland Nickel is focused on critical metal resources, holding various nickel, copper, and gold projects in the United States and Canada [13]
Homeland Nickel Samples 2.2% Nickel at Eight Dollar Mountain, Provides Exploration Update
Thenewswire·2025-07-17 11:00