Homeland Nickel Update on Patriot Nickel and Continued Property Acquisitions

Core Viewpoint - Homeland Nickel Inc. has appointed Jeffrey Strobel as CEO of Patriot Nickel, aiming to advance its nickel laterite properties in Southern Oregon through strategic acquisitions and partnerships [1][2]. Group 1: Leadership and Strategic Appointments - Jeffrey Strobel, an experienced mining executive with over 20 years in the industry, has been appointed as CEO of Patriot Nickel [5]. - Homeland's President and CEO, Steve Balch, expressed confidence in Strobel's leadership and the talent at Patriot Nickel, indicating a collaborative effort to enhance property development [2]. Group 2: Property Acquisitions and Developments - Homeland has completed the acquisition of Woodcock Mountain and is in the process of acquiring the Rough and Ready property, located less than 4 km northwest of O'Brien, Oregon [3]. - The Rough and Ready property spans 640 acres and has historical nickel assays reaching up to 2.0% nickel, with notable grades of 1.58% nickel over 6 feet at the surface [4][6]. Group 3: Exploration and Future Plans - Homeland is preparing for a summer 2026 exploration program across multiple properties, including Cleopatra, Red Flat, Woodcock Mountain, Josephine Creek, and Eight Dollar Mountain [4]. - The Forest Service has approved the Surface Use Determination for the Cleopatra property, which is undergoing an environmental review [4]. Group 4: Historical Context and Geological Insights - Nickel exploration at Rough and Ready dates back to the 1950s, with significant historical work identifying zones with an average grade of 1.0% nickel and thicknesses of laterite up to 40 feet [8][9]. - The geology of Rough and Ready consists of significant nickel laterite overlying serpentinized peridotite, similar to the geology of the historic Riddle Mine, the largest nickel mine in the U.S. [7].