Core Viewpoint - Homeland Uranium Corp. is advancing its Phase II exploration drilling program at the Coyote Basin Uranium Project, confirming the presence of elevated radioactivity over a significant area and indicating potential for further expansion [1][2]. Drilling Progress - Eight additional Reverse Circulation (RC) drillholes (CB-RC-0035 to CB-RC-0042) have been completed, with approximately 3,400 m (11,155 ft) of the planned 5,300 m (17,388 ft) drilled, representing about 64% completion of the Phase II program [2]. - The recent drillholes were strategically placed to evaluate the lateral extent of anomalous radioactivity, confirming continuity of elevated radioactivity in the area [3][5]. Geological Findings - Elevated radioactivity has been detected at shallow depths, typically between 50 and 100 m (164-328 ft) below the surface, associated with specific rock types such as shales, claystones, and fine-grained sandstones [4]. - The presence of an extensive anomalous horizon has been suggested by the results from the southernmost drillholes, indicating that the anomalous zone may extend further south [5]. Future Plans and Analysis - The company is focused on systematically expanding the footprint of the uranium mineralization while conducting geochemical analyses to better characterize the mineralization [6]. - Geochemical samples from the drillholes have been sent to SGS Laboratories for analysis, with results to be reported once compiled and reviewed [6][12]. Quality Control Measures - All drillholes are logged using a calibrated QL40 SGR Spectral Gamma Ray probe, ensuring accurate measurement of natural radioactivity [8]. - Discrepancies between spectral gamma readings and other testing methods have been noted, necessitating further geochemical and assay sampling to accurately determine uranium grades [11].
Homeland Continues to Extend Near-Surface Anomalous Radioactivity at Coyote Basin Uranium Project
TMX Newsfile·2026-01-08 09:00