Core Insights - Homeland Nickel Inc. has announced positive assay results from its Josephine Creek Property in Southern Oregon, indicating significant nickel laterite deposits [1][2] - The average nickel grade from 82 surface samples collected was 0.73%, with 10 samples exceeding 1.00% nickel [2][3] - The company plans to define an initial resource based on these findings and will submit a Plan of Operation to the Forest Service in November 2025 [3] Property Details - The Josephine Creek Property consists of 174 mining claims covering 3,595 acres, staked during the summer of 2025 [2] - The property is strategically located near major infrastructure, including a highway and transmission line, and is adjacent to the Woodcock Mountain Property [3] - Additional nickel laterite claims have been acquired at Woodcock Mountain, with historical grades reaching up to 2.13% nickel over a continuous trend of nearly 3 kilometers [4] Future Plans - In 2026, Homeland Nickel will conduct a surface sampling program at Woodcock Mountain to assess higher-grade laterite and will follow up with an auger-hole program to define initial resources [4][6] - The company also aims to update historical resources at its Red Flat and Cleopatra properties, which have estimated grades of 0.84% nickel and 0.93% nickel, respectively [6] Additional Acquisitions - Homeland Nickel has expanded its portfolio to include eight properties in Southern Oregon, focusing on acquiring the best-defined nickel laterite properties [5] - The company has staked additional properties at Iron Mountain, Peavine Mountain, and Free & Easy [5] Company Overview - Homeland Nickel is a Canadian mineral exploration company focused on critical metal resources, particularly nickel, with projects in Oregon and copper and gold projects in Newfoundland, Canada [19] - The company holds a significant portfolio of mining securities, including shares in several other mineral exploration companies [19]
Homeland Nickel Exploration Update and Property Acquisitions